Page 38 - Winning Women 2017
P. 38

38                                                                                                  BWASA

          BOTTOMING OUT
          BOTTOMING OUT





          It’s staggering. Not only are women making no upward movement
          career-wise, but 56% are still unemployed.  Alison Visser reports

          on the soon-to-be-released 2017 Women in Leadership census

              he  2017  Women  in  Leadership  companies  to  transform  and  we   any  more  to  not  transform.”
              census,  undertaken  by  the    have  a  database  of  women  who  are  Magau  reported  “a  number  of
          TBusinesswomen’s  Association,      board-ready  –  therefore  corporate   improvements  this  year”  but  stressed
          paints  a  dismal  picture.  The  gist  of  the   South  Africa  doesn’t  have  an  excuse   that,  although  the  situation  was  better,
          matter  is  this:  only  20.7%  of                                       “it  is  not  yet  good  enough”.
          directors  and  29.4%  of
          executive  managers  are                                                   DIRECTORS
          women.  At  the  top                                                     About  one  in  five  directorships  (or
          leadership  level  of                                                    20.7%)  in  JSE-listed  companies  is  held
          organisations,  women                                                    by  a  woman.  The  share  of  female
          account  for  only  11.8%  of                                            directorships  has  increased  by  6.5
          chief  executives  or                                                    percentage  points  to  19.1%.  The  share
          chairpersons.                                                            of  JSE-listed  companies  with  at  least
           “To  contextualise  our                                                 three  female  directors  has  decreased  to
          key  findings,  in  South                                                only  25.6%  in  2017,  from  35.9%  in  2015.
          Africa,  women                                                             “This  is  problematic  because  the
          comprise  51%  of  the                                                   share  of  companies  with  the  required
          total  population,  but                                                  ‘critical  mass’  of  at  least  three  women
          make  up  only  44.3%                                                    directors  has  decreased  and  suggests
          of  the  employed                                                        that  the  share  of  companies  with  more
          workforce,  which                                                           gender-diverse  boards  has
          is  often                                                                    decreased  since  the  last  edition  of
          concentrated  at                                                              the  census,”  said  Magau.
          lower  levels  of
          organisations,”  said  Dr  Namane  Magau,                                      STATE-OWNED  ENTERPRISES
          research  leader  and  a  former  president                                     At  state-owned  enterprises,
          of  the  Businesswomen’s  Association.                                           female  directorships  have
           “Gender  equity  in  the  workplace  at                                         grown  at  a  slower  pace  than
          large,  and  in  the  boardroom  in                                               for  JSE-listed  firms,
          particular,  as  a  focal  point  of  economic                                     although  from  a  higher
          empowerment  provides  the  ability  to             PHOTO:  ISTOCK                 base.  Between  2008  and
          drive  gender  equality  within  society  as                                       2017,  the  share  of  female
          a  whole.                                                                         directorships  has  grown  by
           “Although  a  concerted  effort  has                                           0.4  percentage  points,  but
          been  made,  albeit  gradually,  to                                      female  executive  directors  account  for
          increase  representation  of  women                                      only  9.2%  of  total  female  directors.  The
          at  the  top  of  organisations,  more                                   share  of  state-owned  enterprises  with
          initiatives  are  required  to  grow                                     at  least  three  female  directors  has  also
          the  available  talent  pool  at  lower                                  shrunk  by  10  percentage  points  to  85%.
          organisational  levels,”  said  Magau.                                                        . TO  PAGE  39
           The  2017  edition  of  the
          census  researched  297    Comparative census pyramid, 2008-2017
          companies  –  277  JSE-listed
          firms  and  20  of  South        Chairpersons  Directorships  Executive managers  Women as % of employed population
          Africa’s  largest  state-owned
          enterprises.                                            Women as % of total SA population
           “The  Businesswomen’s
          Association  has  been                        51.6%     51.3%               51.2%                    +51.3%
          conducting  this  census  for       51%                           52%     45.8%      51%              +44.8%
          more  than  10  years  and,  in   42.4%     44.6%     45.1%     43.9%               44.3%
          the  10  years,  even  though  it
          looks  like  there  is  movement
          the  change  is  really         25.3%                                   29.3%     29.4%
          minimal,”  said  the                                21.6%     21.4%    21.9%     20.7%
          association’s  executive                 16.6%  19.3%  15.8%  17.1%                                     +16.2%
          director  Matshepo  Msibi.     14.3%   10.4%                         11.6%     11.8%
           “This  year  the  association  7.8%             9.7%      9.1%                             7.4%  Unchanged
          would  like  to  call  corporate                                                          3%  4.1%  1.9%
          South  Africa  to  action  to
          ensure  that  parity  is      2008       2010      2011      2012      2015      2017     % point   Change in
          reached  in  our  lifetime.                                                               change   real terms
           “We  have  customised                                                                  (2008/2017)  (2008/2017)
          programmes  to  help       Source: 2017 Women in Leadership Census                                  Graphics24
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