The world is witnessing a gigantic shift towards how we perceive women power. Many studies and researches have proved that women can drive any organization towards better success and can help boost organization’s revenue. This is the reason why many companies want to hire women in equal numbers as men. Companies worldwide, from Accenture to General Motors have recognized the power of women intellect and thus work in creating a much gender-balanced workforce in the near future. Tech giant Accenture hopes to increase women participation in their business process by 2025 and more interestingly foresees women to hold 25% of its top level executives post, globally, by 2020.
However, if we look towards the whole scenario, we can clearly see that women participation in the top think tank is still very negligible. It is true that there are more female CEOs in the blue-chip organizations than ever before but their numbers are still very abysmal. As of May 2018, there are only 24 female CEOs in the leading fortune 500 companies which comprise only 5% of the total list of fortune 500 CEOs.
Women are considered as better communicator, collaborator, and a source of strength that can do anything if given equal opportunities. It is thus the right time, to embrace the change and tackle the under-representation of women in leadership positions, since women provide many competitive advantages to an organization towards attaining success that too better than men.
Leverage Benefits by Having Women on Board
More diverse Problem-solving
Problems do come into any business process and the way you approach solving a problem reflects the true potential of you as a ‘leader’. Solving a problem with an out-of-box approach is very necessary. It is often considered; you look and approach a problem as par your worldview- what do you value, what is your behavioural pattern etc. When the workforce represented by employees who shares common worldview, chances of them to face a confrontational situation diminishes but when the real problem comes then severe issue arises. If the business fails to impress clients, and stuck on their path to innovation, loss happens consequently. However, by including people who possess different worldview can help in such crises, since it encourage a dialogue of different worldview and approaches at one common platform. In-fact, many studies have proven than a diverse workforce comprises of different genders, sexual orientations, ethnicities, and race result in increased productivity. Such a greater diversity in leadership pool leads to improved problem solving and greater business benefits. By recruiting women from different backgrounds into your company thus gives an outstanding base to flourish.
Source: https://www.insightssuccess.com/adding-extra-shine-to-your-business-with-women-leaders/