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Women in management
Women have historically been underrepresented in management roles. While women now make up about 33% of managerial positions in developed countries and 15% in Africa and Asia, significant barriers still exist. In India, women comprise only 2% of total managerial roles, though this is improving as more women pursue higher education and careers. Support from family and organizations, as well as women's own determination, are key factors for women to succeed in management. As attitudes continue to change, it is believed the role of women in management will continue rising globally.
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Women in management
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- 2. Brief historyThe worldhistorically has been male dominated
- 3. Women were consideredjust as means to glorify men.
- 4. They were meantto be married off as soon as they attain maturityAfter marriage their duty was to take care of their husbands and eventually take care of the childrenThey had no say in the functioning of the family
- 5. They were notallowed to work or do job to earn livelihood
- 6. Disturbing factsOnly 1%of the world's assets are in the name of women
- 7. Men in theArab states have 3.5 times the purchasing power of their female counterparts.70% of people in abject poverty-- living on less than $1 per day-- are women.Among the developed countries, in France only 9% of the workforce and in the Netherlands 20% of the workforce are female administrators and managers. Among the developing countries, in Ecuador and the Bahamas, 33% of the workforce is comprised of women administrators and managers.
- 8. Disturbing factsWomen %in managerial and administrative posts is 33% in the developed worldl5% in Africa13% in Asia In Africa and Asia these percentages reflect a doubling of numbers in the last twenty years.In Silicon Valley, for every 100 shares of stock options owned by a man, only one share is owned by a woman.
- 9. What about IndiaWomen’semployment in organized sector 1992 14.4% 1996 15.8% 2000 17.6% Women comprise 6% in medium and large industry of this: 14% in Junior Management 4% in Middle Management 4% in Senior ManagementIn PSUs women comprise only about 5.68% of the total workforce. About 20,905 women managers of whom very few have made it to the top.Source: Invisible at the top – C V MadhaviThe Hindu Dec 11, 2005.
- 10. What about IndiaAccordingto industry estimates, IT companies in India employ 20-25% women while BPOs employ over 50%The flipside is that only 6% reach senior levels.
- 11. Women today compriseonly 2% of the total managerial strength in the Indian corporate sector.When its comes to the field of entrepreneurship, only 2% of women have dared to venture out in India
- 12. But things arechanging now…Women are matching up men in every field
- 13. Women have eventaken up tasks which were strictly for men e.g. pilots, real estates, manufacturing, top level managementThe gap between the number of men and women joining management as a career is declining. A large number of women are pursuing management education (e.g. HR )A recent study by Catalyst, a leading researcher of women in the workplace, shows that Fortune 500 companies with the highest % of women corporate officers yielded, on an avg 35.1% higher return on equity(ROE) than those with the lowest %.
- 14. Women in seniormanagement Philippines 97% Brazil 85% China 91%
- 15. But things arechanging now…In India 14% women are now present in the senior level managementT here are now 15 women CEO’s in Fortune 500 companies in 2010 which is 10 more than what the situation was 4 years ago(5 women CEO’s in F500 in 2006 )Source: Rediff Business website www.rediff.com/money
- 16. Success stories (CEOsfortune 500)Ursula BurnsCurrent CEOAnne MulcahyEx-CEO
- 17. Success stories (CEOsfortune 500)Christina GoldCarol A. Bartz
- 18. Success stories (CEOsfortune 500)Woertz A. PatriciaIndraNooyiIrene B. Rosenfeld
- 19. The Indian women’ssuccess storiesKiranMazumdar Shaw MD & founderChandaKochharManaging DirectorNainaKidwaiGM & Country head
- 20. Barriers women faceGlassceiling effect-Women’s average salary is 72 to 88 % of men’sNon-cooperative husbands and boyfriends
- 21. Pressure from familyor in-laws
- 22. Eve teasing andharassment in work circle
- 23. Extra burden ofmanaging the family and taking care of kids and elders
- 24. Myths applied towomen in business: Women switch jobs more frequently than men.
- 25. Women wouldnot work if economic reasons did not force them into the labor market. Women fall apart in a crisis.
- 26. Women aretoo concerned with the social aspects oftheir jobs and cannot be trusted with important matters. Women are more concerned than men about working conditions.
- 27. Women arenot willing to travel extensively for the organization.
- 28. Women puttheir heart above their head, so at time they become over emotional.
- 29. Strengths of women Abilityto network with colleagues
- 30. Ability to perceiveand understand situations
- 31. Strong dedication,loyalty and commitment to the organization Collaborative work style solicit input from others, respect for ideas Crisis management skills and gender-equality in behaviour
- 32. Willingness to shareinformation (interactive leadership style)
- 33. Sensitivity in relationships,compassionate, empathetic, understanding
- 34. Factors for womento succeed A supportive family, both before and after marriage, is a key factor for Indian professionalwomen to succeed. Determination and self-belief within oneself is required Support from male counterparts ( by shedding the male chauvinistic attitude ) In the long run it is not gender but hard work & commitment that decides where a woman’s career goes. Organizations are increasingly looking at what a person is able to bring to the organization and are not really concerned about gender.Gender Issues – Proposing New Paradigms, Anurag Dutta, RamnishGaikwad, AshaKaul. Indian Institute of Management, Ahmedabad, WP No. 2007.09.05
- 35. With changing globalscenario and more and more help coming from governments as well as positive vibes from various industries & firms regarding participation of women, the role of women in all levels of management is bound to rise.
- 36. The future looksbright with a more interactive atmosphere in the workplace. Its very soon to be seen that even women get par with men in the field of management as well as other fields in a global level.
- 37.