GCC family businesses to increase women’s role
Family businesses in the GCC are looking to increase the number of women in senior management positions over the next decade to emulate the success of their global counterparts, says a new study. The joint study undertaken by Alsayedah Khadijah Bint Khawilid Center and Strategy& (formerly Booz & Company) investigates the role of women in family businesses across the region. However, the study reveals there are still major obstacles for women hoping to participate in family businesses, particularly cultural perceptions of a patriarchal society and fierce competition from family members.
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