You know your value. You know you add to the company in ways that enrich it. However, women leaders in business and industry need to quantify their value and convey their worth to others so they can continue their upward path to success. Here are some facts to calculate your contributions.
A McKinsey & Company study showed companies with three or more women in senior management ranked higher in organizational excellence such as leadership, accountability, innovation and six other factors, than companies with no top women. Yet a study conducted by UC Davis in 2011 reveals that women occupy only 9.7% of the board seats and top executive positions in California companies. The London Business School’s study of 1,000 international teams found work teams balanced equally with men and women had more innovation than those teams that had an unequal ratio. When Chicago United studied Fortune 500 … Continue reading What Women Leaders in Every Business and Industry Need to Know to Survive
More people recognize the admirable role women play in business even though women are still underrepresented in top leadership positions. (Only 4% of CEO’s in US companies are women.) But studies recognize the difference women business leaders make in the companies they work for. One study showed that the 25 Fortune 500 firms with the best record of promoting women to high positions were between 18% and 69% more profitable than the median Fortune 500 firms in their industries.
Recognizing women business leaders for the strength they bring to your company can mean increased revenues, increased innovation, and an increase in quality in the workplace. What can you do to affirm the value women bring to your business? What can you do to individually recognize the women business leaders who work with and for you?
Private Recognition Both men and women in leadership positions respond to feeling … Continue reading Three Ways of Recognizing Women Business Leaders for Greater Profits
As women seek to close the gap between men and women in the C- suite, they need extra skills. An extra edge. Many women are looking beyond support their company may offer.
They see the value in mentors, in the in-house courses, and other training offered to them. But they also recognize that it isn’t enough. It has not succeeded in closing the gap.
More women are taking control of their own leadership growth. They are becoming leaders in their current positions and setting up their strategies to move into greater executive roles.
One of the most versatile training methods they are discovering is personal coaching. The cost of a coach becomes “cheap” as women find they advance more quickly. Here are five places a leadership coach can be markedly effective.
Early career growth. When women start out in the workforce, it’s helpful to find direction. A leadership … Continue reading Women in Leadership – Using Coaching to Take Charge of Growth
For years women have struggled against the “Glass Ceiling” or the “Pink Ghetto.” More women are graduating from college than men. Women flood the work force. Why then are only about 19% are in the C-suite?
“Research has shown that women leaders are good for business. Companies with the highest representations of women in leadership roles show better financial performance,” writes Anna Marie Valerio in Business Week.
Even though research shows companies benefit from women leaders and companies say they want high ranking female executives. Studies show women lag behind men in this area.
Here are five ways businesses can seriously and deliberately create a plan to promote women to jobs in equal proportions as men.
Commitment from the Top. More than lip service or inclination, the top leadership must have a total commitment to hiring and promoting with gender diversity. When the CEO’s are adamant … Continue reading The Business of Placing Women in Leadership
Women own more than 8 million non-farm businesses and the number of women entrepreneurs is increasing rapidly. However, the income from these companies is just 4% of the total income generated from all businesses.
How can coaching help more women entrepreneurs find the success they want?
Women approach business and the challenges that come to them in a different way. They are more likely to co-mingle family and work. Here are four ways coaching that focuses on both life and business can assist women in defining, refining, and achieving their business goals.
Recognize the mix of family and work. Many women start their own businesses especially because they want the flexibility to have time for family. The entrepreneurial lifestyle can foster freedom and independence.
However, it can also take total control of your life. Start-ups by women have markedly less funding then men’s new ventures. So women trade … Continue reading How Women Entrepreneurs Enrich their Lives and Businesses with Coaching
Women in leadership roles in business continue to be a topic of much discussion around the boardrooms and water coolers of companies large and small. Smart companies know that women leaders bring a lot to the table. Yet a study conducted by UC Davis in 2011 reveals that women occupy only 9.7% of the board seats and top executive positions in California companies.
What’s wrong with this picture? And what do women themselves need to do to change it?
Women leaders in business sometimes feel compelled to duplicate the male leadership model. Big mistake. If you do that, you are sacrificing your own strengths and personal power. If you’re feeling that kind of pressure to conform, remind yourself to read situations and rely on your own emotional intelligence rather than fitting into some template others have created for you.
Here are three ways you can lead from your strengths and … Continue reading Women in Leadership