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Only 10% of Fortune 500 companies are run by CEOs who are women. Despite laws that require equal pay between the sexes, women earn 82% of what their male counterparts earn, according to the Pew Research Center. Clearly, a leadership presence by women is needed to achieve gender parity in the workplace. However, how can a business encourage more women in leadership? The legal team at Schwab & Gasparini explains how to encourage a culture of women leadership in the workplace. To learn more, consider calling (315) 422-1333 in Syracuse, (518) 591-4664 in Albany, (914) 304-4353 in White Plains, or (914) 304-4353 in Hudson Valley.
According to the American Psychological Association, a leadership presence by women provides many benefits to the workplace, including:
According to the Center for Creative Leadership, the following are the four keys to success for women leaders:
The organization’s support for women in leadership positions is the primary factor that affects women’s rise to these roles, along with the woman’s desire to be the best version of herself. Some of the ways that corporations can support women’s rise to leadership positions include focusing on the following areas.
When workers are micro-managed and told how to do every aspect of the job, their ability to be creative or extend themselves beyond their basic job description is limited. By cultivating a culture of respect in which women feel trusted to take on more difficult projects or roles, the corporation can help encourage leadership by women.
Companies are constantly hiring. Rather than considering how a particular candidate can fit in a specific role, company leaders can consider how that candidate may be able to move into leadership roles. Employers can also provide assignments and assessments to determine if their existing workforce has leadership capabilities.
Organizations can motivate women leadership by providing mentoring programs for women. Women can work with other women or men to enhance their job skills and obtain career guidance and support.
Some organizations go a step further by providing sponsorship programs. Those in leadership positions, the sponsors, use their position and influence to advocate for the advancement of a promising employee.
Organizations can build a culture that appreciates inclusive leadership. In that way, those in leadership positions better reflect the various backgrounds and values of their employees.
Leadership can also support women by encouraging and paying for them to participate in professional organizations that are led by other women, individually or collectively. These organizations often focus on building leadership skills and enhancing networks. They can also help women test out their abilities to perform leadership roles.
Women may not advance if their only support comes from other members of the same gender. Therefore, organizations should encourage allyship between women and men within the company. Male allies may be able to express concerns about conflicts in the workplace that affect women, fight against gender inequality, and encourage women in leadership roles. Men are often in a better position to fight for change in this way because they do not have the same fear of being penalized as their counterparts might, and are often less likely to incur social consequences within the organization for speaking out.
Company leaders can also discuss other ways to encourage women leadership within their organization. A business attorney from Schwab & Gasparini may be able to help review your organization’s policies and provide guidance on how you can make a meaningful difference in your business.
There are several ways that women can improve their leadership potential, including:
Encouraging the leadership presence of women in the workplace is important for any organization today. If you would like more information about how more women can advance to leadership positions, consider contacting the legal team at Schwab & Gasparini. You can call the Syracuse office at (315) 422-1333, the Albany office at (518) 591-4664, the White Plains office at (914) 304-4353, or the Hudson Valley office at (914) 304-4353.
Syracuse
109 South Warren Street
Suite 306
Syracuse, NY 13202
Phone: 315-422-1333
Fax: 315-671-5013
White Plains
222 Bloomingdale Road
Suite 200
White Plains, NY 10605
Phone: 914-304-4353
Fax: 914-304-4378
Hudson Valley
1441 Route 22
Suite 206
Brewster, NY 10509
Phone: 914-304-4353
Fax: 914-304-4378
Albany
17 Elk Street
Albany, NY 12207
Phone: 518-591-4664
Fax: 315-671-5013
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