At present, according to an article on women in management, the number of women in top management positions has increased by nearly 60 percent in the past decade but those who hold executive positions is still quite small at about 4.8 percent. A research revealed that women still hold less than a quarter, about 24 percent, of the senior management positions in privately held businesses globally. This figure, 24 percent, is identical to 2007, an improvement from 2004 when only 19 percent of senior level positions were held by women.
However, it is assuring and satisfying to learn that the Philippines holds the highest percentage in the world, of women having senior management positions at 47 percent, according to the latest research from Grant Thornton International. Figures from the Department of Labor and Employment (DOLE) show that women have steadily outnumbered men in executive positions. In 2002, the ratio was 1.86 million females to 1.4 males in supervisory and executive positions. In 2006, the ratio was 2.257 million women managers to 1.629 million men. By 2007, there were 2.281 million female managers to 1.677 million males. For example, Lily Linsangan, audit partner at Punongbayan & Araullo (P & A) and head of the firm’s Business Risk Services group said: “Women in the Philippines have really broken the proverbial ‘glass ceiling’, not only in the corporate world but also in government. As an auditor of more than 25 years, I have not encountered an all-male management team. In our own firm, eight of the 18 partners are women and five of the seven members of the management committee are females.”
The widely accepted explanation for the small percentage of women holding top executive... [continues]
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