Data from Grant Thornton's Women in Business 2024 survey suggests that we are far from achieving equality between men and women in senior management positions within the technology sector. Globally, women hold 32% of senior management positions in the technology sector, which is below the global average of 33.5%, and below other industries such as professional services (36.2%), asset management (35.5%), and healthcare (37.7%).
There is a clear indication of how international business is expanding and developing in the global market. Grant Thornton's International Business Report (IBR) found that 52% of companies are focused on international markets as part of their forward-looking strategies. Brand and visual identity have been identified as key drivers of success when a company wants to grow and develop its international business. Companies in the global market intend to use branding investment to launch international business and highlight certain segments in a highly competitive international business environment.
IFRS 17 "Insurance contracts" came into force for annual reporting periods beginning on January 1, 2023, and it completely replaced IFRS 4. The goal of the new Standard is to establish a consistent accounting model for insurance contracts.
The capital market plays a pivotal role in determining the economic growth and development of a country. Access to capital and the evolution of the capital market are closely intertwined with a nation's economic progress, as evidenced by numerous theoretical and empirical studies.
For 20 years, Grant Thornton has been conducting research that monitors and measures the proportion of women in management positions in companies around the world. The Women in Business project investigated what helps and what hinders women in high positions that bring with them many challenges. Global companies weathered the 2007-2008 financial crisis. year, have weathered the pandemic and are currently struggling with the impact of geopolitical tensions and conflicts.
Employees, human resources, and their management practices are increasingly becoming the focal point for organizations worldwide in today's dynamic business landscape. With turbulence, challenges, and rapid changes in the business environment, adaptability, continuous learning, creativity, and innovation have become paramount. Recognizing that employees play a pivotal role in organizational development and growth, effective human resources management has emerged as a critical activity—and perhaps the most significant challenge—that companies have to face today.