Are Women Succeeding More Today Business Than Men?

There are nearly as many women as there are men working, yet, as it was discovered in 2011, on average, a woman will only earn seventy-seven cents for every dollar that a man earns. Women owned businesses make up for over a

What does it take for women to gain success in the business world? Well, it is generally thought that a great business leader has a few traits that led

This myth has been perpetuated throughout history and in result; we have barriers such as the glass ceiling in existence. If we were to pull up a list of the Board of Directors for any given company, the probability of it being a predominately male group is high. This notion alone shows how companies have continued to dwell in olds days where men are considered more capable than women. The Glass ceiling effect has continued to place barriers against women endeavor in achieving success in their careers and participation in their work place. Women have not been able to realize their potential in their work places since they are not offered equal chances as compared to their men counterparts who enjoy great opportunities in organizations. The fact that an organization is ran by men, may cause an adverse effect on the performance of men. Obviously, a man thinks differently than a woman. It is likely that a decision made by men only is likely to ignore the interests of women in the organization. This creates a domino effect because it affects the woman’s performance in business since they only get limited chances to learn, and limited job assignments that will enhance their skills. Hence, low or limited skills and experience will lower their overall

“According to the Center for American Progress, women “are only 14.6 percent of executive officers, 8.1 percent of top earners, and 4.6 percent of Fortune 500 CEOs.” And even though they comprise the majority of the labor force in the financial services and healthcare industries, not a single woman in these fields is head honcho of her company“(Hawaii Free Press, page 1). Women have less authoritative power when it comes to the employment field. More women than men are employed in the labor force, yet majority of the most powerful employers are men. This gender gap seems to be more than just a coincidence. This is one of the results of sexism in the America. Gender gaps in the job market are not the biggest problem of sexism because violence against women still lingers around the United

On the other hand, it is said that women are seen as being more supportive and less managerial. Women tend to display high levels of compassion and team-building skills. Additionally, women leaders are able to view situations from many different perspectives, enhancing their persuasive ability and making them better at persuasion than males. Women are also said to like a challenge. “An international study found that 70% of businesswomen asked their bosses for new challenges at work, which is less than half of the businessmen that did so.” Lastly, it is said that women are honest and hard workers. It was found that 54% of women worked 9-11 hour days compared to 41% of men. It was also found that women are more likely to do work during their vacations and less likely to spend their “sick days” playing hooky.

While women make up 46.6% of the Fortune 500 workforce and 51.4% of middle management, according to Catalyst, in these companies they represent only 14.1% of executive officers, 7.5% of the highest paid and only 4% of CEO’s Despite the fact that women have a foot in the door with 4% of all CEO positions of the Fortune 500, the rest of their frame is stuck in the entry level, which is 46.6% of the Fortune 500 workforce. The difference is not in men and women; it is in masculine vs. feminine ways of thinking and acting. Both men and women incorporate masculine and feminine approaches (Forbes).

considerably treated as efficient as men do in the work place. The bigger talk about this

The free books, distributed through boutiques, doctors’ offices, antique shops, art galleries, and realtors, are updated every year. Each city’s guide is different, of course, but a typical example would include special restaurants, clothing boutiques, kitchen renovators, interior designers, realtors, artists, salons, home builders, wealth managers, doctors, garden designers, photographers, caterers, and maybe a private school or preschool. So many small businesses are owned by women—the latest figures show that women own 30 percent of all enterprises, a number that is increasing at a rate 1 ½ times the national average—that it is no surprise to find many of the businesses featured are female-owned.

Businesses should see a women’s caring nature as an attribute to their business and adapt their business to become more appealing to a wider audience. Studies have shown that companies that promote gender equality are more productive, holistic, competitive and higher educated, (Workplace Gender Equality Agency [WGEA], 2014).

There are so many different factors that go into the equation of what makes a good employee and a person's sex shouldn't be one of those. There are women who have managed to battle their way into the upper ranks and who have likely worked much of this out for themselves (Bellstrom, Kristen and Zarya 24). This shows us that women are determined to make something of themselves and that they will rise above any stereotypes or discrimination to make the workplace more diverse and equal for all. Robinson was asked how women effect the workplace. “Women definitely bring more diversity to business and a great amount of knowledge coming from a different viewpoint. They also bring a different emotional side to business which I think can be a good thing.” Are female customers more difficult to work with than male customers? “Typically no, not in this business. This is not a retail business. I would say that men ask more questions than women as far as accounting goes. I think this is because typically in the family dynamics of things, men usually handle the financial aspects of things.” said Robinson. In 1974, only four percent of all MBA graduates nationwide were women. In 1994 thirty six percent of the ranks of graduating MBAs were women (Haddock 24). Showing that women are hiking their way up to the top. That number has more than increased since then. Gender diversity in corporate businesses and top management groups has received growing attention from academics, investors, interest groups and professional research firms. Diversity is supposed to be a sensible approach to improve board effectiveness and performance (Labelle et al 1). In recent years, the issue of appointing more women as directors has also captured the attention of policymakers and research on gender diversity in the business establishment. The slow pace at which business is integrating gender diversity has started to get government involved (Labelle

Meg Whitman of Hewlett Packard, Indra Nooyi of Pepsi, Marissa Mayer of Yahoo, Mary Barra of General Motors, and countless other women are setting the precedent as female CEO’s in today’s society. Women and men are now more than ever beginning to be thought of as equals. This may be true in some aspects, but in leadership roles, there is a big gap. Even though women are a minority in the high ranking positions of businesses, they need to become a commonality because it is financially beneficial across the board to their company.

Kelley et al. (2013) explained the gender-related factors due to which the women-owned businesses are smaller as compared to SMEs owned by men. Mills & McCarthy (2014) highlighted that men are more easily able to develop networks in the market as compared to women which enable them to grow their business quicker. Sang-Suk & Denslow (2004) further highlighted that men are also able to get access to the economic resources such as finances quicker as compared to women since the investors believe that men will be able to provide a higher yield on their investment as compared to women-owned

“The wage gap has narrowed by more than one-third since 1960”(Hegewisch, 2010) and “the share of companies with female CEOs increased more than six-fold” (Warner, 2014) since 1997. As well as the truth that men and women’s earnings differ for many other reasons besides the presence of sexism. “Discrimination in labor market, in education/retiring programs, unequal societal norms at home and the constrained decisions men and women make about work and home issues” (Hegewisch, 2010) are also factors that can contribute to the unequal treatment of man and women in the workplace. Yet even with most of these variables removed women are still being paid less than men, sexually harassed in the workplace and hold very little managerial positions.

Gender in Management: An International Journal Vol. 26 No. 3, 2011 pp. 220-233 q Emerald Group Publishing Limited 1754-2413 DOI 10.1108/17542411111130981

The most successful women entrepreneurs are those who "dream big"-they see themselves succeeding financially, managing large staffs and running businesses that have