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IBS Reaches 50-50% Gender Ratio in Management

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IBS management (from left:)¬†Edina L√°ng - chief administration officer, Dr. Gergely Tam√°si - head of quality assurance, L√°szl√≥ Lendvai - head of marketing and admissions, Szilvia Ko√≥s - chief financial officer, Andrea Hajdu - head of business network, √Čva √Ād√°m - chief information officer, Dr. M√°rton R√°cz - head of academic services, Dr. Zolt√°n Graf - head of student services, Andrea Jo√≥s - chief communications officer, Dr. L√°szl√≥ L√°ng - rector.

The International Business School (IBS) assembled its management team for 2023 in a way that ensures that the positions are filled in an equal ratio by men and women, ahead of international trends and incoming female quotas, the college tells the Budapest Business Journal.

IBS rector Dr. László Láng notes, "Equal numbers of men and women make up the management, indicating that roughly half of humanity is male and half is female. And why should we deviate from this fairly stable, well-proven ratio? This number only indicates that people who are worthy and suitable for it will be in leadership. Women and men."

According to an EU directive, by 2026, significant companies in the EU must have at least 40% women in their management, and although IBS is not a listed company, this achievement represents a milestone, the college says.

Dutch research published in the journal "Management Science" recently showed that companies with mixed-gender management perform better. Not only are they more generous and strive for equality, but where there is a higher proportion of women, work processes are also more successful due to better quality connections.

When Aarhus University looked at the top management teams of Danish municipalities, they discovered that gender diversity on these teams was also linked to better financial results.

IBS has been a sponsor and partner of the Equalizer Foundation for numerous years, which advocates that developing a career and being a leader is a universal, human capacity, regardless of gender. The foundation wants men and women to be able to choose this path without having to think about their gender; instead, they want it to be self-explanatory and natural for everyone.

Equalizer Foundation founder Edina Heal says, "This is an extremely important milestone in the life of an organization, as we now know: gender-balanced management teams make better decisions, their organizations become more resilient and they more easily represent the interests of different groups in society than homogenous teams. It cannot be neglected that they set an example for both women and men that this is normal."

"Just as in life, the proportion of women and men is 50-50, it is the same in the field of work, why should it not be the same in decision-making? Hungary lags behind EU countries in terms of the proportion of female managers. IBS deserves full recognition for being among the exceptions and setting an example for many other educational institutions and companies in the country," she adds.

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