A recent report on women in leadership was published in the latest edition of McKinsey Quarterly stating that insufficient training and inattentive career development are the major contributors to the lack of female executives worldwide. One interesting fact this article stated was that only 11 Fortune 500 companies have female CEOs, down from 15 in 2010.
McKinsey suggests that women would benefit from more targeted leadership training and gain as much hands-on experience as possible for gaining a top level management position. Robust official training programs will help funnel female employees into senior roles and encourage more to follow in their path. They can also help place women on management tracks early.
If organizations do implement a training program, it may also help promote leadership effectiveness and reduce the leadership gap. Organizations should look into a variety of factors to help support the rise of female leaders on an individual, interpersonal, societal, and organizational level.
Unfortunately women tend to have a mid-career burn out from outside pressures like motherhood, the article stated. This is an example of a human capital difference that women face often according to the leadership labyrinth. The report states that without these support systems in place, "barriers become insurmountable" for working mothers and companies can forfeit some of their best talent. Do you think that putting in training programs will help women develop and get over the next hurdle?
Posted by: Amanda Goetz
http://bx.businessweek.com/women-in-leadership/view?url=http%3A%2F%2Fc.moreover.com%2Fclick%2Fhere.pl%3Fr4478303664%26f%3D9791
I think training programs would be a great idea to help women close the leadership gap. I feel that a lot of companies however already have these programs for their employees. I almost wonder that this has to do with the fact that women are less likely to promote themselves than men are. This would then directly tie into training programs. I also don't know if companies would be allowed to only have training programs for women though because that would then be discriminatory towards men. I think that this problem will slowly being to be fixed though because women are beginning to learn the main reason for why they are not being as successful as they can and moving up the labyrinth. They are gaining that knowledge through going to school and learning what the reasons for why they are being effected. I don't think that it will be many more years before this issue begins to turn around.
ReplyDeletePosted By: Jim Link
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ReplyDeleteI agree with the idea of putting in place training programs for women in order for them to be able to get more knowledge and get those CEO positions. But I also agree with Jim because I do not know if these companies would be able to have different training programs for women and men, I feel that by having different training programs for different genders will just bring more problems to some companies in the long run. I understand that by placing better training programs for women in the near future they will be able to be better trained, but would they get training to become CEOs or lower management jobs?
ReplyDeletePosted by: Hugo Sanchez