Things to Remember as We Take Stock of International Women’s Day – Take the Lead!

March 8 had a different level of urgency and awareness this year compared with International Women’s Day celebrations in the recent past. Thanks to the #MeToo..

Cracking the Code on Gender Equity

Why have so many companies failed to make much progress when it comes to achieving gender parity in their senior ranks? Perhaps even more important than looking back, what really needs to happen next to grow the pool of female talent at the executive ranks, so that we can finally achieve gender equity at the C-level and in our boardrooms?

I get asked these questions in almost every meeting I have with SHAMBAUGH’s clients when it comes to strategizing about how to improve gender equity in their company. While the solution isn’t simple, this quote from Albert Einstein can guide us in the right direction: “We cannot solve problems by using the same kind of thinking we used when we created them.”

With this wisdom in mind, it’s time that we crack the ceiling of only around one-third of women—34 percent—in senior management roles, and in the tech industry in particular that reportedly has only 11 percent of women execs at Fortune 500 companies. (Some tech firms are pushing hard to do better than this—I just learned that SAP reached its goal to have one in four management positions at the company filled by women—yet we still have a long way to go.)

Women’s Events Spark Shared Solutions for Gender Equality

Last week saw the latest in action-oriented events in what I and many others globally have dubbed the Year of the Woman. Like last January’s Women’s March, the International Women’s Day and “A Day Without a Woman” events (both held on March 8) played a vital role in galvanizing women and giving them a collective voice to raise issues of gender balance and inclusion.

Hand in hand with these initiatives, though, we need both female and male leaders who are willing to strategically build on the momentum of these important efforts. At SHAMBAUGH, in light of the issues that these women’s events continue to raise, we’re putting extra emphasis on encouraging women to focus on being bold, rising up, and stepping into leadership.

Make 2017 the Year of the Woman

Happy New Year to all. As we prepare to move beyond and build on the learnings of the previous year, one thing is clear: 2017 is poised to be a year of great change—and in many ways disruptive change—for our organizations, our communities, and our society.

In keeping with this observation, I have noticed a related trend. In my recent talks at conferences and executive forums, it has become clear that many more corporate leaders at all levels are paying increased attention to gender equality and approaching the topic with greater intentionality. This is a smart move for the 21st century, since we now have substantial data and physiological evidence that 50-50 leadership produces greater ROI, productivity, and employee engagement.

Women’s Confidence—How to Get It If You Don’t Have It

Fake it until you make it.” When I wrote my latest book Make Room for Her, that was a central piece of advice that men gave women when it came to the issue of confidence. When researching the book, I spoke with a male colleague of mine who is an Executive Vice President of global business development, who had this to say on the subject of women and confidence:

“The only way you grow is to lose some battles along your way to winning the war. When taking on new opportunities or working in unfamiliar areas where you have little or no experience, it’s important to be okay with knowing that you are going to stumble and fall. You will certainly make mistakes, but in the long run you will learn and grow, which will make you considerably more valuable to others.”

This EVP also told me that women need to keep “putting themselves out there” and “taking the risks involved with something that’s new to them,” adding that doing so starts with believing in themselves. “Women have to know that they can be successful without having all the answers and they have to be willing to fail in order to ultimately succeed,” he said.

How Organizations Can Engage Men in Advancing Women’s Leadership

When confronting the frustrating challenge of the dearth of women at the executive ranks, it’s tempting to point to men as the problem. Yet the model of Integrated Leadership shows that on the contrary, when properly engaged by their companies, men can play an important role in the solution.

Interestingly, while men as a group have spent the most time in senior leadership and comprise close to 80 percent of the executive ranks, companies typically don’t see the potential of harnessing men’s experience to help advance their female leaders. Many organizations have invested plenty of time, money, and resources into diversity initiatives and women’s leadership/networking programs, yet this hasn’t truly moved the needle at the rate that is needed for the 21st century. HR generally has sole accountability for these efforts and results, rather than considering the significant role that men—who, in most cases, constitute the most powerful stakeholder group in large corporations—could play if working in partnership with women and organizations.

Why More Women Don’t Advance to Senior Leadership, and What to Do About It

Who You Know Matters as Much as What You Know—Women Can Advance Their Career Through Sponsorship

Over the last several weeks, I have had the opportunity to speak at several conferences and client organizations with one common request: to address what really drives women’s career growth and advancement. While we all know that there is no single “quick fix” that will instantly create gender-balanced leadership, one important factor that facilitates better balance is providing sponsorship opportunities for your top female talent.

In SHAMBAUGH’s work with talented female leaders, we’ve found that while high-potential women generally have strong and supportive professional relationships, these tend to fall under the category of mentors—advisors who serve as role models, providing perspective and constructive criticism. But when it comes to understanding the importance of developing relationships with potential sponsors—key high-level decision-makers who are able to go beyond mentoring to advocate on women’s behalf in relation to strategic opportunities and advancement—female leaders still tend to shortchange themselves.

Where Are the Women? The 30 Percent Solution

My hope is that if you’ve been following my blog, I’ve made the business case that Integrated Leadership will separate tomorrow’s successful organizations from those that will be left behind. The concept of integrated leadership—men and women working synergistically together on leadership teams and boards—is simple enough to explain but not always easy to implement. Yet when companies remember that gender-balanced leadership improves business results,they will hopefully be motivated to stay the course in striving to achieve this leadership model.

Integrated Leadership: Asking the Right Questions

The Integrated Leadership model embraces and leverages the strengths of both male and female leaders. As mentioned in my last post, Integrated Leadership: Building on the Benefits, recent research revealed that its not brain differences that are behind the diverse approaches each gender takes when it comes to thinking, communications, and problem-solving.

Instead, such differences may be based on social experiences and other factors that women and men experience. Regardless of why there may be gender-based nuances in problem-solving approaches and decision-making/communication styles, when organizations adopt a more gender-balanced approach to leading others, there is a significant, positive effect: better business outcomes.