The Secret Reason You Want Women in Top Leadership and Executive Positions in Your Company
When it comes to business, everyone from the entrepreneur to big corporates needs to listen up and take note of this interesting development in the business world. Although the number of women in executive roles in companies is often limited to a single-digit percentage, studies are increasingly proving that if companies want to increase their profit, they need to rethink their strategy on gender diversity within the company.
Why it’s important to have gender diversity in your company.
In January 2018, McKinsey & Company published their 42-page report Delivering through Diversity on their findings with regards to valuable aspects of this very topic. They found that “Companies in the top-quartile for gender diversity on their executive teams were 21% more likely to have above-average profitability than companies in the fourth quartile.”
I don’t know about you, but this statistic really had me sitting up straight. So often we as women don’t even realize the importance of our contribution to the business environment. We often focus so extensively on get the job done despite facing challenges, raising families and contributing to our communities that we undervalue ourselves. I, of course, am of the opinion, that if we don’t know and acknowledge our worth first, no one else will.
Personal challenges women face that are featuring in executive leadership roles globally
It goes without saying that featuring in these executive roles brings challenges of their own for these successful women. Just like a normal wife and mother she has duties to fulfil that lie outside her corporate duties. The reality is that their male counterparts, especially those without children rarely understand the extreme stress and challenges these women face and they rarely have empathy for women in these situations.
What type of support do they need?
It doesn’t need to limit women’s opportunities to excel in the business environment. As women, we can support each other to better achieve our individual goals. Handling personal finances, paying bills, diary management, travel arrangements, event planning, holiday itineraries, the list goes on… The fun part for me is knowing that there’s always a solution for these types of challenges. And no, it’s not a personal assistant, but rather a Virtual Assistant. Both may have similar skillsets but there’s a fundamental difference between a personal assistant and a Virtual Assistant. That difference is mindset! A personal assistant is invaluable but has the mindset of an employee. The right Virtual Assistant is an entrepreneur in her own right, so she already has a growth mindset, a get the job done attitude. A no-excuses mentality. She is focused on results!
It’s so important for us as women to empower each other the reach our goals and dreams. It’s within our grasp if we support each other. There’s no shame in getting help. We don’t have to do everything ourselves. We just need to know where to get the right assistance. As mothers and wives, we often face this tremendous guilt when it comes to our jobs and families. We are always spreading ourselves too thin. Feeling guilty if we need to take time away from work to spend with our children or families. Even taking your child for a dental appointment can seem like a mountain.
My suggestion? Get that trusted support that will free up your time so you can focus on the quality events in your family, children and work. Value yourself and your loved ones enough to let go of some things.
Let’s celebrate each other’s strengths and support each other’s weaknesses. Together there are no limits to what we can accomplish!