Functional unit leaders require diverse skills like agility, credibility, emotional intelligence, and problem-solving abilities. Companies seek individuals with global leadership experience, focusing on succession planning and market positioning for external hires.
Large Indian companies and multinationals are actively seeking senior women professionals for top management roles, driven by a focus on ESG standards and the desire to improve diversity at the CXO level. Investors are also increasingly interested in companies that prioritize gender diversity. Several executive search firms have reported mandates to exclusively look for female candidates for CFO, COO, CHRO, CMO, CTO, CLO, and CEO positions.
In India, employers are increasingly scrutinizing female job seekers due to perceived biases against women in a tightening job market. While more often female candidates are indirectly probed, it is an important criterion in selection amid shrinking team sizes, more people chasing fewer jobs, and pressure on margins. This is a setback to the overall drive to increase women s participation in the workforce.
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