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Essay On Women In Business

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WOMEN IN BUSINESS

Course: HRMG 5000 Managing Human Resources Term: Summer, 2011 Paper #1: Women in Business Student: Daphne Westerlaken – van Westen Contact information: daphne.van.westen@fluor.com University: Webster University Leiden Instructor: Arthur De La Loza

-2Abstract There is a direct correlation between corporate finance performance and women in leadership roles. The number of female college graduates and overall percentage of females in the workforce is increasing. Therefore the pipeline of women has greatly increased and companies have to capitalize on this to ensure these companies are going to retain, attract and develop this pool of talent. An equal balance of qualified men and women can only be achievd when top …show more content…

One of the reasons that

-5qualified women are not in that pool, is because there are not visible to companies. Therefore companies and also women need to take actions like: 1. Develop and introduce mentoring programs (pairing senior women with company chairmen as mentors) 2. Build up systematically contacts (networking inside and outside the company) 3. Women have to inform company bosses of the progress in their developments 4. Chief executives have to promote women to their executive committees Regulatory back-up, like quotas, are required, because some men over 60 think that suitable females don’t exist because they have never had women as their peers, and they think women can’t take the pressure involved in serving on a board. Furthermore, these quotas forces companies to develop strategies and programs to retain, attract and develop high qualified women, who can enter the boardroom. But there is also a down side of quotas. Companies have to avoid pushing too low qualified women into boardrooms only to meet these quotas. This will harm the qualified women more than the quotas will help. Work – life Balance With women now making up almost half of the labor force in the Unit States and Europe, they are increasingly juggling work with care giving responsibilities at home. The solution for this dilemma is work flexibility and scheduling. There are several solutions and possibilities to increase the work-life balance: 1. Employees working at home. This can be

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