“How to increase women leadership in your company and why it matters.”
We cannot deny the existence of gender discrimination, can we? Some men are given free will to choose their career paths. As they embark upon their journeys at any organization, they are delegated with more responsibilities that women stay deprived of. This is a consequence of some employers viewing women as less capable beings to carry out a particular job. This gives men a chance to be seen, appreciated, and acknowledged in an organization. Hence, it is a fact that in various organizations, the pay scales of men are higher than those of women. Positional bias is another gender bias at a workplace that prevents women from stepping up the rung of the corporate ladder. In many organizations, women are not given an opportunity to join the board of directors. This is exactly why the new code of corporate governance made at least one woman's active participation on board mandatory. There are some businesses that assign the mundane and hectic tasks to the women, while some do not call female employees to important meetings. Is it fair? In the past few decades, many female employers have turned into whistleblowers to sue their employers. These women weren't allowed to lead; they were bullied and terminated for speaking up for their rights. Although new rules are passed every day to safeguard women's rights and provide them with opportunities to lead, yet this is not possible until the parties involved work on increasing women's leadership in an organization.
Importance of women leadership:
Why do you think women’s leadership matters? Do we really need it? Yes, certainly we do. Many big firms all around the globe have lately come to a realization that women leadership brings many benefits to the organization. Also, they found out that women are irreplaceable in the boardrooms and in leadership roles.
Firstly, women leaders help close the pay gap caused by gender bias. When men and women start their careers from scratch, men get better opportunities that lead them to high-paying leadership roles. Women, on the other hand, stay deprived of such roles. This problem can only be solved by employing women in leadership roles.
Secondly, women in leadership roles offer a broad spectrum of perspectives to work out better solutions. Their diverse experiences and perspectives would not only bring innovation to the organization but would also help devise better strategies for the long run. This is exactly why companies with a greater diversity outgrow those with lesser diversity. Hence, women in leadership roles are a must in every organization.
Thirdly, researchers have proven how gender-diverse companies receive a better financial outcome. Diversity leads to unique and different ideas flowing into an organization which fuels growth in combination with greater sustainability. This diversity does not only relate to an equal number of men and women throughout an organization but also to an equal number of females and males in leadership roles. Hence, female leadership is very significant for the success of any business.
Furthermore, women are known to be better mentors as compared to men. How? Research proves that in the fields of guiding young employees and mentoring, women are proven to be better. We cannot negate the power of role models, can we? Role models inspire others to be like them. Irrespective of the genders, all individuals need a good mentor so they can excel in their careers. Also, females tend to face problems when mentored by men and vice versa. So women in leadership roles and as mentors are necessary so they can mentor and empower the future generation of female leaders.
Lastly, it has been observed over the years that women can better negotiate in situations involving high stakes. They are more effective and efficient at making deals even when the stakes involved are high. Women are known for achieving agreements where men fall short; however, to do this, they need to possess authority. These are the reasons that showcase the importance of women in an organization and explain why women’s leadership is very crucial to the success of any organization.
Now that it has been established that women in leadership are very important, how can you increase women leadership in your company?