The number of senior leadership roles held by women has grown by 1% in Armenia compared to the results of the 2019 research, moving from 22% to 23%.

The change is indicated in the new “Women in business 2020: putting the blueprint into action” report, published by Grant Thornton ahead of the International Women’s Day.


According to the report, 78% of mid-market businesses globally are actively working on removing barriers to gender parity at senior levels.

“The number of businesses driving initiatives such as ensuring developmental opportunities 34%, creating an inclusive culture (34%) and flexible working (31%), have all seen an increase across all those measured by the report,” reads the report.

However, progress for the representation of women in senior leadership positions has stalled. Women currently hold 29% of senior leadership positions – the same as last year.

Francesca Lagerberg, global leader, Grant Thornton International Ltd has stated:

“It is extremely encouraging to see deliberate action taking place as mid-market businesses ramp up activities that encourage progress and accessibility to leadership positions for women. 2018 saw a sharp rise in the representation of women at a senior level after significant changes in the social climate of the western world however, this year’s numbers have leveled off once again highlighting that change at the top is glacial.”

According to her, if we want to continue to see more women in senior positions, businesses need to be intentional.

“Policies that ensure diversity of thought at the decision-making table, that address equal opportunity in career development and bias in recruitment and develop inclusive cultures can’t just be a nice to have – they are a must. Once implemented, these policies must be enforced and regularly reassessed to judge their effectiveness. When that is combined with real commitment from senior leadership, only then will real transformational change take place,” added Francesca Lagerberg.

The full “Women in business 2020: putting the blueprint into action” report is available here.