Given the probable talent deficit over the next 20 years, today's rigid and exclusionary strategies to management succession will cease to provide the supply of leaders to drive advancement and better effectiveness unless employers develop more purposeful management and development business opportunities for the single largest sized segment of university graduates all-around the world women.
Women's careers are significantly more likely to comprise periods of total engagement, likely disengagement, and, with rising occurrence, re-engagement with full-time employment than men's. But still the majority of organisations have failed to recognise the sometimes non-sequential characteristics of women's career focus.
One study by the French GEF Le Groupe Grandes Ecoles au Feminin, a consortium including HEC Paris and INSEAD has revealed that men commonly are not even conscious that their women co-workers do not in any similar numbers have as many career improvement opportunities as their male colleagues. That may result from the reality that men in far greater numbers establish a career step-by-step, year-on-year free of any break in their service tenure to their employers.
Companies commonly are not yet structured to trust women with leading management-level commitments and to afford them the ability to take care of their children. This has boxed many women leaders into selecting, at some point in their career, either one role or the other. Women executives can put their career at the centre point of their lives. The only condition is that either they do not have kids or that the husband takes over the customary mom's role.
The rigid nature of various senior executive roles will, then again, be pushed as the likely deficiency of proven performers in countless functions and industries around the globe will pressure more employers to distinguish their leadership programs to pull in, keep hold of and compensate top management talent. The fact is, an evergrowing number of advocacy organizations have formulated business opportunities for women business leaders many of whom 'broke the ice' by getting to be the very first women in their organisations to have a certain leadership role to mentor and interact with a new generation of women managers.
At the same time, a number of forward-looking employers in markets varying from telecommunications and media to management consulting in countries that include France, the United States and Sweden (to name just a few) have created
executive search programs and women's leadership initiatives focused at leveling the playing field for career and organizational progression. Employers will probably need to adopt more adaptive career opportunities as they fight for leaders whose life choices are subject to change but who may possibly search for new and creative options for preserving their careers during any break from the full-time workforce.
Few really have it all when it comes to senior executive roles but the successful ones have demonstrated great manageability in realizing success and contentment both privately and professionally and can ascertain what is required to be dedicated to the corporate and personal family. Executive roles held by both men and women require a mantle of devotion. The corporate 'family' requires attention, time, and physical presence in the same way the personal family necessitates.
Organizations are in business to earn money and develop. It is ever more evident that experienced women are becoming available and are making a significant difference in the bottom line, and organizations that have a drive to succeed are reacting as necessary. The issue for these organisations is to appreciate the problems unique to women leaders and how to address them in a way that increases the talent pool for a wide range of fundamental business functions.
Note to Editors: About TRANSEARCH International
Executive search firm TRANSEARCH International has representation in most of the major economic centres of the world with 59 offices in 37 countries. TRANSEARCH International was founded in 1982 and is a leading international
executive search firm.
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