Women executives bring diverse and different perspectives to the boardroom.
CITE: Catalyst.org.
Women continue to make headway in the world of business even though some still find themselves conking headfirst into the glass ceiling. Much has changed in regard to women and equality in the workforce but a lot still hasn’t.
Keeping women out of the business world, or in low levels, is a mistake because they have much to contribute.
A study by Harvard Business School showed that gender-diverse leadership, which includes both men and women, have better short-term financial performances and outcomes. Women leaders tend to promote social awareness and responsibility and corporate philanthropy, which is far-reaching and benefits society in general.
Companies that have female executives are far more likely to give to charitable funds than those companies that have exclusively male executives. There is a direct correlation between the number of women leaders and levels of philanthropy.
The sustainability of a company is determined to a great extent by gender-inclusive leadership.
Those companies that have women in executive positions made donations at a rate of 28 times higher than those company that did not have females in senior roles.
Another advantages of having women in lead roles is that the bring difference perspectives on fairness as well as how to distribute donations and they prompt the company that employs them to develop higher-quality initiatives.
Those women who do “break through the glass ceiling” should, one should expect, help out other women who are attempting to do the same by mentoring but this isn’t always the case. Studies show that women who do manage to get senior positions are apt to help out male subordinates but not females. Males get more support and mentoring from their female boss than do females, according to a study published in the Social Science Research journal. This phenomenon is called the Queen Bee syndrome and it is a huge obstacle to women who are climbing the corporate ladder.
Women bosses are far more likely to obstruct female subordinates than encourage them which is unfortunate and certainly not what the women’s movement intended. It may be that women in senior positions want to blend with their male cronies and don’t want the unwanted competition of other women.
As a result, women far more prefer having a man for a boss than a woman.
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MY TAKE:
The proof is in the pudding: Females executives benefit a company in various ways, including the company’s willingness to make donations and get involved in philanthropic projects. However, there is still a shortage of women in the top positions. Ironically, some of this may be do to the lack of support that women receive from female bosses who are more likely to mentor and support male subordinates than females, which is a shame and certainly not what the women’s movement intended. Non-support from other women is just another obstacle that women face in the business world.
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Other Resources
Club Hopping in NYC
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Types of Rehabilitation Facility
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Dropped Edges for Courts
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