Career development factors
General factors
Most of the surveyed executives (72%) have been consciously working on their careers, and only 28% of them were promoted due to a lucky chance. Russian managers believe that the most important career development factors include professional qualities (97%), personal characteristics (95%) , commitment (89%) and education (77%).
Luck and peer support were believed to be less important for climbing up the
- luck (47%);
- good connections (46%);
- mentor (45%);
- peer support (35%).
Note that women more often than men point at the importance of personal qualities for career development (99% vs 89%), but less often stress the role of connections (41% vs 55%). The in-depth interviews revealed that it was due to women’s less thorough incorporation into business networks: they find it harder to maintain business contacts on equal footing, and not always can match the socialising format – especially when it’s built around “male values” such as sauna, fishing and football.
The in-depth interviews also showed that the respondents saw their careers as a direct result of their own actions and pursuits. According to the executives, leadership phenomenon is based on certain qualities one has to be born with (personal characteristics).
“I think it’s genes. You can’t just wake up one day and decide, I want to be a boss. You strive towards it while you study, you spend more time working. Some go to dance but you go to a library. It’s in the character; you must have certain leadership qualities and some charisma. There’s no way to develop it, you either have it or not”. (man, general director of a large Russian foodstuffs retail chain).
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Role of education in career development
Practically all of the surveyed managers (98%) had higher education. 26 % had two or more college diplomas; 8% - МВА degrees, and 10% had doctorates. Most of the managers (74%) completed or were planning to complete further education courses. The share of managers - МВА holders was much higher in foreign-owned companies (22%) than in Russian ones (3%).
The main motivating factor to receive further education was “it’s important to learn new things” - 50% of the respondents thought so. 25% were sure that without further education no career development would be possible at all, though only 3% said their employers required them to get further education. Most of the executives (77%) recognised education and diplomas as an important career development factor. Also, 36% of the respondents listed insufficient education among barriers hindering career development. Only 11% believed education didn’t play significant role in climbing up the career ladder in Russian companies.
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News & Events
20.11.2014
The Committee of 20 presents its new all-Russia Survey «Developing Entrepreneurial Skills in the Context of Relevant and Efficient Business Support Measures»
The goals and objectives of the survey: More →
19.11.2014
The International Forum «Women in today's economy: heading towards entrepreneurship? » was held in Moscow on 19 November 2014, organised by the non-profit partnership “The Committee of 20” in the framework of Global Entrepreneurship Week.
The International Forum «Women in today's economy: heading towards entrepreneurship? » was held in Moscow on 19 November 2014, organised by the non-profit partnership “The Committee of 20” in the framework of Global Entrepreneurship Week. The Forum, as always, was focused on the most relevant aspects of female entrepreneurship, and increasing women’s role in the country’s economic development. More →
19.11.2013
The International Forum “Women in the Modern Economy: challenges and solutions” was held in Moscow on the 19th of November in the Marriott Grand hotel in Moscow.
It was organized by the “Committee of 20”. 125 people attended the Forum, 69 of them being CEOs, VPs and Managing Partners of the big multinational and Russian companies. The participants represented more than 100 companies and organizations, Universities, NGOs and media. More →
19.10.2013
The 9th edition of Women’s Global Forum completed its work in Deauville, France. More than 1200 participants from 70 countries participated in the event.
The Women’s Forum Meetings aim to bring together leaders from all over the world – women and men – representing the business world, the government, academic circles, culture, etc. in order to give new perspectives to key issues in our present and our future; to create a powerful, global network in order to strengthen the influence of women throughout the world; to draw up innovative and concrete action plans to encourage women’s contribution to society and promote diversity in the business world. More →
04.10.2013
Svetlana Balanova and Tatyana Zrelova, members of the Committee of 20 have become the winners of the competition held by EY in Russia “Entrepreneurial Winning Women”.
They were recognized and selected by the reputable jury as winners in the categories “Master of Business” and “IT and Telecommunications” respectively. More →