Women executives redefining what it takes to be a leader.The assumptions about what it takes to be a in today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. environment are changing. Women executives, no longer looking to "break the glass ceiling," are commanding leadership positions and writing their own rules, creating their own management style and redefining what it takes to get to the top in business. Although women hold almost hall of the managerial and professional positions in the workplace, they account for only 3% of the top positions among Fortune 500 companies. But those numbers are bound to increase as more and more women discover they have what it takes to be a leader. Esther Wachs Book, author of Why the Best Man for the Job is a Woman: The Unique Qualities of Female Leadership, studied and talked to female CEOs and identified attributes she believes are unique to women including: * women can se]l their vision * aren't afraid to reinvent re·in·vent tr.v. re·in·vent·ed, re·in·vent·ing, re·in·vents 1. To make over completely: "She reinvented Indian cooking to fit a Western kitchen and a Western larder" the rules * focus on achievement * show courage under fire * turn challenges into opportunities * are aware of customer preferences * in a high tech world, are "high touch" Book's assertion that these qualities are found only in women executives is the source of some debate. It seems likely you could find successful male business leaders with these same characteristics. But perhaps more importantly they point to the fact that the ideal management style for today's business climate is going through an evolution. Traditional top-down hierarchical organizational structures To comply with Wikipedia's lead section guidelines, one should be written. , generally lead by men, are giving way to a more collaborative, team-oriented approach that emphasizes communication, networking and yes, balance. Today, company executives, whether female or male, not only need to keep their eye on bottom-line results, but must also be highly attuned at·tune tr.v. at·tuned, at·tun·ing, at·tunes 1. To bring into a harmonious or responsive relationship: an industry that is not attuned to market demands. 2. to the needs, abilities and dynamics of employees. Business leaders must have the adaptability a·dapt·a·ble adj. Capable of adapting or of being adapted. a·dapt a·bil to manage a diverse global
workforce in an ever-changing business environment.
As Senior Partner and Chief Financial Officer for J.D. Power and Associates, Maxine Pollack pollack: see cod. pollack or pollock Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae). has broken through the ranks of a traditionally male-dominated world. She believes that the way women perform in the workplace is some times interpreted differently--for example, men are considered assertive as·ser·tive adj. Inclined to bold or confident assertion; aggressively self-assured. as·ser tive·ly adv. while the same behavior would be
labeled as aggressive in women.
"Many of the women executives I have come in contact with are driven and self-critical to a point, but I'm not sure whether that is an infernal pressure or a reaction to external challenges," says Pollack. "Successful women seem to have a great sense of personal responsibility, tend to be very thorough and extremely efficient." Leadership development expert Carol Gallagher who interviewed hundreds of women at the top of Fortune 1000 companies for her book Going to the Top believes women achieve in areas that they focus on and advises women to have a sense of humor Noun 1. sense of humor - the trait of appreciating (and being able to express) the humorous; "she didn't appreciate my humor"; "you can't survive in the army without a sense of humor" sense of humour, humor, humour , focus on the big picture, create alliances, help others be successful, be yourself and find advocates. Women are not only joining the executive ranks of for-profit businesses, but also emerging as powerful leaders of nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. focused on building communities. Faye Washington, chief executive officer of the Greater YWCA YWCA abbr. Young Women's Christian Association YWCA n abbr (= Young Women's Christian Association) → Asociación f de Jóvenes Cristianas YWCA of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , says that women are not as much of a proven commodity in the business world and as a result, must work harder. Companies are recognizing the contributions female executives offer in the workplace, but it seems employers still expect more from women in leadership roles. They need to be strong decision makers, but are valued for their ability to engineer consensus among team members. Women executives must also exhibit "softer" qualities such as a sense of humor and the "personal touch," yet are expected to be clear and effective communicators with the ability to motivate personnel and gel things done. And, in most cases, women executives still run the home front creating a perpetual balancing act between work and family life. However, it is still an exciting and challenging time to be a woman in the workforce. The perception of what it takes to be an effective executive is changing as well as the needed management skills. Women are no longer focused on the "glass ceiling," but are creating their own paths to success. Bita Ardalan is a senior vice president with Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. and is responsible for the Greater Los Angeles Commercial Banking Division. |
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