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
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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
"In 1950 about one in three women participated in the labor force. By 1998, nearly three of every five women of working age were in the labor force" (Heatherfield, n.d., para. 4). In 2008, the U.S. Department of labor estimates that women will make up 48% of the workforce (Heatherfield, n.d., para. 6). As the number of women in the workforce rises so do the numbers of women who hold higher titles such as Chairman, CEO, Vice Chairman, President, Chief Operating Officer, Senior Vice President, and Executive Vice President. This number has increased from 7.3% in 2000 to 9.9% in 2002 (Diversity statistics, 2006).
These figures demonstrate significant trends in the changing profile of today’s labour pool. Not only are companies forced to recruit and hire from an increasingly diverse workforce, but companies intent on succeeding also will have to retain, motivate and engage the most talented women. Flexible work arrangements are options for helping working mothers integrate work and family responsibilities, so that women can function better both at home and in the workplace.
Over the past few decades, great strides have been made by women in the workplace. This increased number in women in the workplace does not mean equality however. Even with equal qualifications and achievements, women are still not given all the opportunities that men have. The chapter in the textbook, “Gender at Work”, shows us more of these inequalities in the workplace. Such inequalities cause gender segregation of jobs and can be linked with the pay inequality in the labor force. Even in jobs that are predominantly filled by women, men earn more than women. Women are often stereotyped as being family focused and not as able to travel, therefore they tend to get passed up for promotions (Garson p.353). This invisible barrier that keeps women from moving up the executive ladder is referred to as the “glass ceiling” (Baxter and Wright p. 346). Women also tend to do more domestic work, or unpaid labor and caregiving. This extra unpaid work is referred to as “the third shift” and is largely rested on the shoulders of women (Gersel p. 352). Consequently, this seems to be one of the biggest things holding women back from taking on jobs that are normally considered male
In the United States, study after study continues to show that women have fewer opportunities to advance in the workplace than men. These disadvantages are a result of society’s views of women in leadership positions and how women may view themselves in these roles. Women have been making progress in terms of equality in pay and job positions, but significant gaps remain. Women who strive to be promoted into higher levels of responsibility in their companies often meet resistance that prevents them from achieving the goal of a senior or executive level of management. This barrier is referred to as the “glass ceiling” and it is a controversial issue in our country today. The glass ceiling called this because women are able to see the higher level positions, but can reach them because of an intangible barrier. One can look at the Fortune 500 companies, which are the most successful companies in the U.S. in terms of revenue to see how few women are in leadership positions. Clearly, women are significantly underrepresented in these companies, as less than 5 percent of these companies have female chief executive officers (CEO) today (Dockterman 105). Providing the opportunity for women to move into management positions, like CEOs, would bring a unique talent and a new perspective on how the company can operate to perform better (Buckalew 147). The “glass ceiling” is a real obstacle that creates an intangible barrier that puts women at a disadvantage in advancing in a company.
Dorothy L. Sayers states “Wherever you find a great man, you will find a great mother or a great wife standing behind him.” Man is a societal construct that is structured and molded by maternal influences and female insight. Typically one is a product of its environment, however Robertson Davies in “Fifth Business,” deliberately uses female roles to display the impact that women have on the psychological growth of a man. Davies chronologically traces the psyche of Dunstan Ramsay as he matures with the guidance of significant female characters in his life. In “Fifth Business,” Robertson Davies uses the characterization of Mrs. Ramsay, Diana
The Fifth Business by Robertson Davies is told in the form of a letter written by Ramsay on his retirement from teaching, “a character essential to the action but not a principal” that was affected by or had an effect on the other characters of the play. The life of Dunstan Ramsay is the backdrop and the thread connecting countless subplots and themes, but as his very evident passion for hagiology sets him out to discover the difference between materialism and spirituality, the actual importance of women is brought about in the novel by his interactions since childhood onwards and we see how these women mould, scar and
The "glass ceiling" has held women back from certain positions and opportunities in the workplace. Women are stereotyped as part-time, lower-grade workers with limited opportunities for training and advancement because of this "glass ceiling". How have women managed their careers when confronted by this glass ceiling? It has been difficult; American women have struggled for their role in society since 1848. Women’s roles have changed significantly throughout the past centuries because of their willingness and persistence. Women have contributed to the change pace of their role in the workplace by showing motivation and perseverance.
Gender plays a huge role in workplace 'success' and can be a big challenge especially if the employee is a woman in a male dominated workplace or career. No matter how 'hard-nosed,' 'ruthless,' 'workaholic' a woman may be, or how much personal success she achieves, there will always tend to be some type of obstacle to keep her from getting completely to the top of the corporate ladder. She must also still fight stereotypes that undermines her confidence or limits her potential. Since the early 20th century, women and minorities have sought equal opportunities in education and in the labor force with little success. These obstacles or barriers are all known as the glass ceiling.
For managers to effectively institutionalize their businesses, they must have absolute knowledge of their business environments and the salient issues that may affect the operations of their organizations both within and outside so as to be able to proffer absolute and sustainable solution that will keep them in existence. Some of the issues affecting managers in business are Gender Equality and Work-life balance. This assignment critically analyse the these identified issues, showed their relative importance, their importance to management and their relationship to positive social change.
Initially, the first women entering the workplace did so out of desire. In a post feminist, post-civil right era and spurred on by higher levels of education. Women saw jobs and careers as rights that had previously been denied to them. Women were tired of just being "Big Johns Wife" or "Little Johnny's mommy". They wanted to be known the way men have always identified themselves by their jobs, their careers, and the level of success to which they had risen. Status, not salary, was the prime mover of the first wave of women to assault the previously all male worlds of medicine, and the corporate citadel
Even though numbers are slowly rising in the United States, there are still more men in executive positions than women. According to one survey, female workers only made up 43% of legislators, senior managers, and senior officials whereas male workers made up 57%. In congress, congresswomen make up only 17% of representation compared to congressmen making up 83% (Ferrante, 2011, p. 312). Gender stratification is one explanation for the tremendous gap. Ferrante (2011) describes gender stratification as the unequal distribution of opportunities and resources amongst male and female employees. (p. 311) For example, male workers have an increased opportunity to receive a promotion than a female worker. According to Tinsley (2013), women are more likely to receive executive positions when a company is doing well, rather than when a company is suffering. Some companies stereotype that women workers will leave the workforce soon to bear children, limiting their chances of achieving executive status (Ferrante, 2011, p. 316).
The business world today is competitive. It's full of fierce, educated, and motivated people. For some people it's tough to rise to the top and for some people it comes much easier. It's not always about hard work! One might ask for a map to the yellow brick road, but few people are ever provided with it. Most people are stuck in an ocean making calculated guesses as to how they can reach land. Which route is the best? How much school is enough? How many certificates of accreditation is enough? How much work experience is enough? All of us ask these questions attempting to navigate our ships in a competitive world were only a few individuals ever get to their targeted career position. How many of those in leadership positions are women?
In this paper the history of women in the workforce will be outlined, as well as the challenges they face. The changing attitudes towards women taking over family businesses will be looked at briefly, how women lead in comparison to how men lead, and a comparison of their leadership style will also be discussed.
The increase of the number of women entering the workplace, especially those issued from higher education has resulted in a movement of change within businesses,
Introduction Over the past several decades, the forces of rapid economic and technological change, the influx of women and minorities into the workforce, the economic shift to a post industrial, global economy and an investment market emphasis on short-term profits combined to reshape organizations. Major components of the change included organizational restructuring, the erosion of employee trust, increasingly greater workforce diversity and the emergence of work teams as drivers of firm performance. Concurrently, many women in organizations, mostly confined to the lower and middle management levels and in the majority of firms denied any opportunity to move