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Women in leadership roles/the c-suite. Pieces about how women can move up in the C-Suite or trends by/for women in business.
 

Never have the challenges for business been greater, but they have also never been as exciting. In this issue AESC's Executive Talent magazine, we analyze traits which are core for innovation in today’s rapidly transforming and competitive business environment.  

Like most of our leading companies, universities and research organisations are homogeneous at the leadership level. There are some great initiatives in Australian higher education and elsewhere to help promote equity and diversity in important target areas like science, technology, engineering, mathematics and medicine (STEMM), for example the Athena Swan Charter in the UK and Australia’s SAGE pilot. There are still things you can do to increase the chances of success in developing your own career, and to help others.

BlueSteps recently hosted an #ExecCareer TweetChat all about women in the C-suite with top executive search consultants, Cathy Logue from Stanton Chase and Bridget Papanicholas of TRANSEARCH International, and Kathy Simmons of BlueSteps’ Executive Career Services.

Some of the questions presented to our panel included:

“The most common way people give up their power is by thinking they don't have any.” Author Alicia Walker could be talking to many women today. We have generations of powerlessness in our genes, but it’s time to play catch up.

Being a search consultant with specific interest and keen focus on Women’s Leadership, I may tend to notice things a little more than most. While it may be largely a South Asian perspective, and cultural milieu, be it a conference, a chat , or an interview, the numbers of women “owning themselves” or “wading into it” are not as many as they should be.

#BeBoldForChange was the theme for 2017 International Women’s Day with a call to help forge a more inclusive, gender equal world.  Companies across the world took to social media to show their support with the cause and we saw a number of excellent profiles on senior female business leaders across media platforms, LinkedIn, YouTube, corporate websites and blogs.

“We aim to tap the vast talent pool of women professionals who had to leave their professional jobs for their family commitments. We plan to give such women an opportunity to re-start their professional career without disturbing their family priorities,” said the CEO of Bajaj Allianz, the Indian insurance firm, which launched all-women branches two years ago. Cut to the present, and you see offices buzzing with action – selling, processing, transacting – with the sole difference being that these are offices for women, of women, by women.

For more on the AESC's position on diversity, download the "Diversity as a Business Imperative" white paper.

Diversity matters. Most people know this inherently but introducing real and lasting change can be difficult. Issues relating to diversity are multi-layered and complex and require changes to culture, values, and decision-making processes at both the individual and organizational level. While diversity is an important business consideration for companies and political issue for governments, for individuals from underrepresented groups, it is of more personal, fundamental and lasting significance.

The general public is led to believe that companies are trying to become more diversified. But as recent as July 2014, surveys revealed that women and ethnic minorities outnumber white males by two to one in the U.S. work environment, but are still grossly under represented in the executive ranks.

Why do more men get promoted than women? Is it because companies frown on men who promote women? Is it because women executives themselves are reluctant to promote other women because it might reflect negatively on them?

Executive Women ImageRealistically, what can be done about a problem this persistent?

As your partner in executive career management solutions, BlueSteps will provide insights on how to better position yourself for a board seat, including exclusive advice, information on where the executive job opportunities are, and current executive job market trends.  

Diversity and Boardroom Benefits

There has been much debate surrounding the place of women regarding corporate governance, but recently the question has turned from “why are there so few women in the boardroom?” to “How can we bring more women to the boardroom?”

There is a strong feeling that women are not being treated equally in the workplace, and that issues such as compensation and placement in the boardroom still have some way to go before equality is reached.