With equality, diversity and inclusion (EDI) increasingly important as employees are more willing to leave if their values don’t align, HR leaders are tasked with finding ways to promote underrepresented groups into higher levels of management and leadership.
But cracking the gender equity code has been daunting for many; implementing surface-level EDI strategies is not leading to real results; 2023 data from McKinsey & Company has shown that at current levels of EDI investment by organizations, it will take another 151 years to close global economic gender gaps.
One organization that is getting it right is Flight Centre Travel Group (FCTG), which reported a 26% increase of women in senior leadership roles in 2023, bringing the total to 63% compared to the 30.9% national average according to Statistics Canada 2022 data.
