New study into gender inequity in global business events industry

business events
L-R: PCMA’s Sherrif Karamat and BESydney’s Lyn Lewis-Smith.

A new global study has been released looking at the gender gap in the global business events industry and what can be done to address this inequity.

The Advancing Women in Business Events study by the PCMA Foundation and Business Events Sydney (BESydney) also looked at a set of actions the community can take to advance women into senior leadership roles, specifically to the C-suite and boards.

The business events industry has a three-quarters majority female workforce globally, and a striking inverse male: female ratio as roles ascend to C-suite, CEO and board levels.

The report identified the majority of the workforce currently do not agree the industry’s leadership is diverse, could not see clear career pathways to leadership positions and had insufficient access to career advancement support and development opportunities.

Barriers to advancement were identified across personal, organisational and societal levels.

“This report draws a clear line in the sand,” said BESydney CEO Lyn Lewis-Smith.

“BESydney has long been an advocate for gender parity in our industry. We cannot innovate, grow and build resilience as a sector unless we are tapping into the full capacity of our global workforce.

“Whether it be gender, or ability, race, age, or any number of other factors, it is crucial that our sector challenge the prevailing status quo and embrace diversity in all its guises.”

PCMA CEO Sherrif Karamat said the business events industry needs to lead by example.

“[It] is the ideal platform to demonstrate the value that women make every day,” he said.

“Inclusivity and equity are not just the right thing to do, it leads to greater profitability, successful organisations, and a just society.”