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3 minute read
The Importance of Empowering Women in Leadership Roles
Christine C. Thomas, Ph.D.
Women are vastly underrepresented in senior leadership positions globally, as only 25% of these positions are held by women, according to a report by McKinsey & Company. However, despite this slow growth in representation, women possess a unique set of skills and qualities that contribute to their success in leadership roles. These qualities have proven to be valuable assets in driving success and creating a diverse and inclusive work environment. Unfortunately, there are still significant barriers to women’s advancement into leadership positions. Gender equality is one of the greatest global challenges of our time, according to the World Economic Forum. However, research has shown that having more women in leadership positions could have a positive impact on the bottom line. A report by McKinsey & Company found that companies in the top quartile for gender diversity are 15% more likely to have financial returns above their national industry median. Ad- ditionally, diversity in leadership leads to a more creative and innovative workplace, as people from different backgrounds and perspectives bring a variety of ideas and approaches to problem-solving and decision-making. This is especially true for women, who often bring unique perspectives and approaches to leadership that can be beneficial for an organization.
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As a female leader, you can play a critical role in empowering other women to become leaders and help change this reality. Implementing measures to support and advance the progress of women in leadership can make a tangible impact on the lives of other women and contribute to the creation of a more inclusive and equitable society.
Some ways to do this include:
1. Serve as role models and mentors: Female leaders can serve as role models for other women by demonstrating what is possible and inspiring them to pursue leadership positions. In addition, mentorship programs can provide women with the support they need to succeed, as well as help to increase their visibility and chances of advancement. Female leaders can participate in these programs as mentors, sharing their experiences, insights, and advice with other women.
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2. Advocate for workplace policies that support women: Female leaders can use their platform to advocate for workplace policies that support women, such as flexible work arrangements, paid parental leave, and equal pay. By advocating for these policies, female leaders can help to create a more inclusive workplace that- makes it easier for women to pursue leadership positions.
3. Encourage and support the development of female talent: Female leaders can help to develop the next generation of female leaders by encouraging and supporting the development of female talent within their organizations. This can involve providing opportunities for women to take on leadership roles, promoting them into leadership positions, and investing in their professional development.
4. Challenge gender biases: Female leaders can challenge gender biases and work to create a more inclusive workplace. This can involve speaking out against gender discrimination, promoting diversity and inclusion initiatives, and advocating for equal opportunities for women.
5. Build networks and communities: Female leaders can build networks and communities of women who can support each other in their pursuit of leadership positions. These networks can provide women with a sense of community, as well as opportunities for professional development and networking.
References:
• Catalyst. (2021). The Power of Mentoring Women. https://www.catalyst.org/research/the-power-of-mentoring-women/
• LeanIn.Org. (2021). Women in Leadership. https://leanin.org/women-in-leadership
• McKinsey & Company. (2021). Women in the Workplace. https://www.mckinsey.com/featured-insights/diversity-and-inclusion/womenin-the-workplace
• World Economic Forum. (2021). Gender Equality. https://www.weforum.org/agenda/themes/ gender-equality/