Diplomats, business leaders, entrepreneurs and high-ranking professionals got together to celebrate the ladies that make a difference in various sectors of society and contribute to the country’s general prosperity and growth.
Looking at the global context, McKinsey & Company’s Women in the Workplace 2021 report underlines the inadvertent or targeted biases prevalent in the corporate ecosystem that diminishes women’s ability to rise to C-suite roles. The study indicates that American companies, when promoting every 100 men to managerial roles, they only promote 86 women. This omission reduces their representation at the manager level, which This lack of representation means that many women are not getting a fair chance to prove themselves capable leaders and innovators within their respective industries.
Experts have found that having women in leadership positions is beneficial for businesses overall. Some studies have associated having more women in leadership roles with increased profitability and lowered risk-taking. Others have found that firms with women on their boards displayed higher returns on equity and higher valuations.
Moreover, the studies show the lack of women representation at this level is not due to a lack of interest. Instead, it’s due to the lack of opportunity.
Coming back to last night’s awards gala, it was organized in partnership with CEC Bank, Life Dental Spa, Garanti BBVA, Apulum Porcelain Factory, Wprld Class Romania, Domeniile Averesti, Aur’a Mineral Water, Kanal D, Trends by Adina Buzatu, The Brandoers.
MOST ADMIRED WOMAN LEADER OF THE YEAR
PRESIDENT, ROMANIAN ROWING FEDERATION
For achieving a high level of recognition and admiration for determination, vision and innovative leadership in fostering the development of new generations of Olympic and world champions.
EXCELLENCE IN NGO LEADERSHIP AWARD
PRESIDENT, PROFESSIONAL WOMEN’S NETWORK ROMANIA
A person of inspiration, the winner has shown vision and commitment to providing an outstanding model of leadership and excellence for professional women and the community in accelerating gender-balanced leadership.
MOST DYNAMIC APPROACH TO BUSINESS GROWTH
DR. CRISTINA OBREJA
FOUNDER AND MEDICAL DIRECTOR, LIFE DENTAL SPA
For outstanding skills and strategy in developing successful business operations in a highly competitive sector.
LEADING WOMAN ENTREPRENEUR OF THE YEAR
GENERAL MANAGER, INTERACT BUSINESS COMMUNICATION
For vision, insight and determination dedicated to long-term value creation, with an outstanding strategy reflected in successful development of operations in a highly competitive market segment.
MOST CREATIVE AND INNOVATIVE APPROACH TO BUSINESS EXCELLENCE
For creativity, strategic thinking and leadership in building a strong and successful career, with a high degree of responsibility in a highly competitive business sector.
MOST ARDENT COOPERATION AND COMMUNITY ADVOCATE
H.E. MRS. LEA STANČIČ AMBASSADOR OF THE REPUBLIC OF SLOVENIA
For vision and leadership in promoting critical aspects for the development of economic cooperation, fairness, opportunity, social justice and humanitarian principles.
COACH OF THE YEAR
ROMANIAN ROWING FEDERATION
For achieving a high level of recognition and admiration from peers and the general public for outstanding results in building successful rowing teams.
For more details, photos and winner reactions see the upcoming print edition of Business Arena.