Experience Makes The Difference for Women In Business Success
Experiential training programs aim to get more women leaders in top management positions.
Experience Makes The Difference In Business Women’s Success
Experiential training programs aim to get more women leaders into top management positions.
Can women lead America’s businesses?
Six corporate consultants and one Princeton student say Yes!
Women in Business
A new leadership development program for women in business was announced today.
Six former corporate managers and consultants to Fortune 500 companies and one student from Princeton came together. They aimed to form one of the most dynamic new development programs for women in business available on the market today.
Womencorp is an international women’s leadership training company. It was developed as a solution to the problem many companies are experiencing in attracting and retaining top talent.
50% of the talent pool is made up of women. And women are leaving at twice the rate of men. Something has to be done to help companies keep their women leaders. Says Roxanne Batson, founder of Womencorp.
Experiential Training
The concept of an experiential training program for women was developed after these consultants and entrepreneurs noted how many large corporations were suffering a continual outflow of their women managers.
Our goal was to develop a way to help companies retain talented individuals. We would address the specific training needs that would develop women in business to their highest potential said Batson.
The venture began with a survey conducted by Womencorp. It asked both male and female managers why they felt that less than 20% of top management in companies are women.
While the answers and comments varied, the consensus was a lack of flexibility.
Women are often the primary caregivers in their families. However, they have the ability and desire to work 50-60 hours per week and give their complete attention to the company.
Therefore, it’s been said that it is difficult for such women to compete with men who focus more time and energy on their jobs.
Yet, in society today, many women are not only the primary caregivers but also the sole provider within their families.
Boosting Confidence of Women in Business
In addition, many possess key business skills and talents that are highly valuable to the company.
For successful companies to stay on top and retain their talent, it will continue to be important to open the doors for women to achieve top management positions.
There is another issue that surfaced in the survey.
It seems that many women (52.4%) believe that women in management are not as confident as male peers. Men felt differently (only 17.9% chose lack of confidence as an issue).
Confidence usually comes from knowledge. But it can be undermined when there is a lack of support for the way women view things, said Ms Batson.
Take a look at the barriers to communication associated with gender.
A woman who has achieved a high position in her company is often a lone female voice among many male voices. So there isn’t much support.
At the same time, few women are in line management jobs where they are able to gain the interpersonal skills and experience necessary to manage the bottom line.
Yet, this is exactly the type of experience that most companies look for in their top-tier managers. This is where we believe we can make a difference.
This article was contributed by Brian Kirk of Womencorp
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