Women in Business
WOMEN IN BUSINESS
Course: HRMG 5000 Managing Human Resources Term: Summer, 2011 Paper #1: Women in Business Student: Daphne Westerlaken – van Westen Contact information: daphne.van.westen@fluor.com University: Webster University Leiden Instructor: Arthur De La Loza
-2Abstract There is a direct correlation between corporate finance performance and women in leadership roles. The number of female college graduates and overall percentage of females in the workforce is increasing. Therefore the pipeline of women has greatly increased and companies have to capitalize on this to ensure these companies are going to retain, attract and develop this pool of talent. An equal balance of qualified men and women can only be achievd when top management focus on what women want in their company, work-life balance, talent management and equal compensation. Therefore the performance of top management should be judged partly on their ability to groom and promote female talent.
-3Introduction The numbers of female college graduates and overall percentage of females in the workforce is increasing. In order to ensure that companies continue to appeal to the best and the brightest men and women, companies need to promote the fact that there is equal access to opportunity for both genders. Catalyst, the leading nonprofit organization working globally with business to build inclusive workplaces and expand opportunities for women and business, has found that there is a direct correlation between corporate finance performance and women in leadership roles. Studies show a more equal balance of qualified men and women drives innovation, engagement and business success. This research paper will focus on the involvement of Human Resource Management to increase the number of women in leadership roles. What Women Want The majority of the women and especially Generation Y (born 1978 – 1994) are concerned about the impact of their life-work balance (e.g. family, child care) decision will
Course: HRMG 5000 Managing Human Resources Term: Summer, 2011 Paper #1: Women in Business Student: Daphne Westerlaken – van Westen Contact information: daphne.van.westen@fluor.com University: Webster University Leiden Instructor: Arthur De La Loza
-2Abstract There is a direct correlation between corporate finance performance and women in leadership roles. The number of female college graduates and overall percentage of females in the workforce is increasing. Therefore the pipeline of women has greatly increased and companies have to capitalize on this to ensure these companies are going to retain, attract and develop this pool of talent. An equal balance of qualified men and women can only be achievd when top management focus on what women want in their company, work-life balance, talent management and equal compensation. Therefore the performance of top management should be judged partly on their ability to groom and promote female talent.
-3Introduction The numbers of female college graduates and overall percentage of females in the workforce is increasing. In order to ensure that companies continue to appeal to the best and the brightest men and women, companies need to promote the fact that there is equal access to opportunity for both genders. Catalyst, the leading nonprofit organization working globally with business to build inclusive workplaces and expand opportunities for women and business, has found that there is a direct correlation between corporate finance performance and women in leadership roles. Studies show a more equal balance of qualified men and women drives innovation, engagement and business success. This research paper will focus on the involvement of Human Resource Management to increase the number of women in leadership roles. What Women Want The majority of the women and especially Generation Y (born 1978 – 1994) are concerned about the impact of their life-work balance (e.g. family, child care) decision will
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