The CEO Magazine Asia - February 2018

54 | theceomagazine.com

PROMOTING PROBLEMS

McKinsey’s 2017 report ‘Women in the Workplace’ shows that even though the balance between male and female workers

is way out of kilter at the CEO end of the spectrum (79% men versus 21% women), the seeds for that imbalance are planted

right at the start. The study reports that although women represent 57% of college graduates, they make up only 48% of new

hires. But it’s at the next step – that first promotion into management – where diversity alarm bells start ringing. At that level,

men make up 63% of the workforce, meaning entry-level women are 18% less likely to be promoted.

The newly opened Louvre Museum in Abu Dhabi is an architectural

beauty that appears to float on the tranquil waters of the Persian Gulf.

It is, in fact, anchored to the seabed, and construction couldn’t get

underway until a section off the coast of Saadiyat Island had been

blocked off and all the sea water removed. The pumps ran for six years.

Once the building neared completion, it was waterproofed and the sea

walls were removed, allowing the Gulf to lap at its sides.

BUILDING

EMPTIES GULF

“I BELIEVE TESLA WILL UNVEIL

A CONSUMER-CLASS

LEVEL-FOUR [AUTONOMOUS]

VEHICLE LONG BEFORE

2018 IS OVER.”

• JIMMY WALES,
  CO-FOUNDER, WIKIPEDIA

48

(^5279)
79
The corporate-talent pipeline in 2017, % of employees by level.
Entry-level
professional
Manager Senior
manager/
director
Vice-
president
Senior vice-
president
C-suite
Men
Women
63
37
67
(^292221)
72
34