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Discover the power skills that will transform your company in 2025
March 6, 2024
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Female leadership is not a passing fad. It is a modern necessity. More and more companies are turning to the talent and skills of women, not only in pursuit of business equity, but also profitability. In fact, according to McKinsey, companies with women in management positions are 25% more likely to achieve above-average profitability.
However, according to other data from the Women in Business 2023 report, only 32.4% of senior management positions are currently held by women. This proves that there is still a long way to go before we achieve true gender equality in corporate leadership.
But what do we really mean when we talk about female leadership? And how can you promote it in your company? Keep reading to discover more.
Female leadership is defined as the occupation of leadership roles by women within companies (or other settings), where the skills, attributes and leadership styles culturally associated with the female gender have a chance to stand out.
Although female leadership has existed as a concept for centuries, the actual term is relatively new. There is no clear consensus on who initially coined it, but it is believed that it first rose to popularity in the middle of the 20th century against the backdrop of the feminist movement. Since then, women have been challenging the social and cultural norms that often relegated them to secondary roles, carving a path into different areas of leadership.
Marilyn Loden, Sally Helgessen and Helen Fisher were the first authors who publicly addressed the topic of leadership and women.
It’s important to highlight that female leadership is not defined by a set of rigid characteristics, but rather by women’s ability to adapt their leadership style to the specific needs of different contexts.
Despite this, Helgesen and Fisher’s research has identified a range of key strengths and skills that we can consider common across female leadership. These include:
Changes in the modern business environment have not only introduced new ways of working, but also demanded movement away from a more traditional leadership style. Today, organizations need innovative, people-focused leaders with the ability to listen and empathize.
Crucially, studies show that women have a remarkable ability to develop the key soft skills needed to fit this new leadership style. These skills include, for example, emotional intelligence and social skills, both of which are becoming increasingly important within companies.
Thanks to such skills, female leaders can reduce employee burnout, as well as encourage, motivate and inspire their teams. Additionally, countless reports reveal that organizations led by women achieve higher profitability and have lower turnover rates, increasing both revenue and productivity.
Let’s go into more detail. According to a report by the World Labor Organization, companies that achieve gender equality in key positions unlock the following benefits. They:
Want to know more? Watch this video:
The glass ceiling is a metaphor, first described by Marilyn Loden in 1978, for the invisible barriers that prevent women from reaching senior management positions in organizations. Despite the progress made over recent decades, women continue to be underrepresented at the highest levels of many companies.
The causes of the glass ceiling are diverse and complex. They include:
Promoting women’s leadership within an organization has clear competitive advantages. However, it requires the use of specific strategies to stimulate and inspire the best talent. Below are some of the key measures you can take to achieve this:
Discover more about this in the following video:
Below is a list of some of the fundamental skills that will help your female employees to succeed:
Now that you know all about female leadership and its benefits, are you ready to take the next step to empower your female professionals? At isEazy Skills, we help you develop the talent to produce outstanding female leaders, capable of creating more innovative, collaborative, empathetic, united and flexible work environments. Request a free demo of our platform, and discover training in digital skills and knowledge designed for the leaders of tomorrow .
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Discover the power skills that will transform your company in 2025
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