Men have always dominated the workforce, winning out over the fairer sex in both wages earned and positions held. Sadly, this trend is continuing in the tech industry today.
Even though Google has often been called one of the best places to work, it doesn’t appear to be for women who make up just 30% of their total employees. That number dwindles further to only 17% in departments that are specifically focused on technology.
Women seem to be fighting an uphill battle, but they are still climbing the mountain. Let’s look at ten facts about women in the tech industry that show both positive and negative figures:
1. Women hold 51% of all professional occupations in the United States while only 26% of those are computer-related. While women are getting more white collar recognition, they aren’t gaining much ground in the tech arena.
2. The CIO (Chief Information Officer) position with Fortune 250 companies is 19% female, but of the Fortune 100 firms, only four have a women as their CEO. Women are present in these companies, but not many of them are seated in the president’s chair.
3. While women comprise only 7% of tech company founders, those led by women are have 12% higher revenues using 33% less capital. Those in top management roles are more successful than their male counterparts.
4. Further figures show that twice as many women are leaders in successful startups over those ventures that failed or are failing. Women at the top in the startup game are again more successful than men.
5. More than half (56%) of women in the technology industry leave midway (10-20 years) through their careers, but 22% of them go on to be self-employed in the same market. If you’re going to go out, then go out swinging.
6. Men and women software developers start out with similar pay, but men have a higher upper range and end up earning more in the long run. Perhaps that is their motivation for women exiting the venture to pursue their own interests.
7. The gender pay gap is less for computer programmers where women are down only 7%, but that is still better than some other professional occupations, where male lawyers earn 13% more and female accountants take home 24% less pay.
8. Ethnically speaking, the numbers are very dismal. In 2012, only 3% of our computing workforce were African-American women, 4% were Asian and only 1% of these females were Latino. Adding race into this equation makes it even more difficult for the placement of women into tech fields.
9. Even worse, these numbers are down from 2010 where 16% were African American, 9% Asian and 6% Latino. Let’s hope that 2013 and 2014 show more promise, but it is not looking good thus far.
10. Facebook is mirroring that of Google and the rest of our leaders in technology, with a tremendous lack of both women and minorities in their employment diversity data. The overwhelming majority of tech workers are either caucasian or asian men.
Even though these numbers are depressing, thinly veiled underneath is the fact that women are more successful than men in the business and tech worlds. Take a second look at items three and four to see why businessmen should be taking a hard look at these statistics. When leaving their tech positions, some women didn’t give up, they become self-employed instead, leaving their bosses behind and leading themselves down a better path.
About the Author: Megan Ritter is an online business journalist and entrepreneur with a background in social media marketing. In addition to having a passion for technology, she also enjoys writing about business communications, globalization and online branding. Connect with her on Twitter.
Human resources is the driving component in any organization. HR professionals deal with the day-to-day tasks of every aspect of every employee’s job, and the task list is endless. Job description, wages, pay scale, recruiting and hiring employees, union conflicts, the list goes on and on.
But with the advent of sophisticated software, tools and apps, HR is more efficient than ever before. Here are some of ways technology is contributing to HR growth and development:
Employee screening software
HR software has made it easier to choose qualified employees. Screening software can take a company’s list of potential employees and company requirements for a job and, by using complicated algorithms, is able to screen and sort through the list and end up with the best matches for your organization, both locally and globally.
Using mobile apps to track employees and the time they spend on their jobs is making the task much less time consuming for HR. There are now mobile apps to approve time cards, access pay stubs, track payments, and even check recruiting activity, all from an employer’s phone. Mobile apps can increase and improve interaction between employers and employees, in addition to giving senior management better and more direct access to the services needed for better decision making, reports the Society for Human Resources Management.
The cloud has completely changed the way companies store their data. With HR, this means not only being able to store and access data in a much larger capacity, but, if done correctly, having the ability to do so more securely.
Using game-playing techniques in business to motivate employees is fast becoming the norm. Mariott has developed an online game that gives users a chance to assume the responsibilities of hotel management, and then gives virtual rewards that make the hotel industry more appealing to those users. The game is an excellent recruiting tool and encourages users to demonstrate their abilities and ignite their interest in hospitality as a chosen career.
HR can also employ gamification to train newly hired employees, reports Wired. Instead of having to sit through lectures, new hires can play games that inform them of all the things a lecture would have given them, in addition to giving them ways to interact with other employees in the company they haven’t met.
Hiring someone face-to-face (or through a video screen) can produce better results than hiring an employee based on his resume, which is why video interviewing is perfect for HR. If an employer has almost decided on a potential employee, video interviewing can make or break that decision, notes U.S. News & World Report. HR employers can require potential employees to send in their resume and qualifications via a video recording. Most smartphones have amazing cameras, so the technology is accessible to most potential employees. Also, a video interview can be conducted from anywhere in the world; it is not necessary for an applicant to drive or fly to an potential employer’s office.
Indeed, technology has taken human resources into a world that never existed before. It makes completing necessary tasks not only more exciting and efficient, but helps companies hire employees that are the “cream of the crop” of the industry.
Even with the successful advent of technology into human resources, though, we would do well to remember that it cannot provide the human component. Can technology evolve enough to compensate for the lack of human component? Only time will tell.
About the Author: Lori Cline is a versatile freelance writer who covers a variety of topics. An accomplished and award-winning writer in various areas, she currently owns and operates a beauty, health, and wellness website and just released her first book. She lives with her daughter in the western United States.
Telecommuting Provides More Options for Getting Things Done At Work (Even When You’re Not In The Office)
We live in a mobile world. Technology has changed the definition of “workplace,” enabling us to be effective and productive wherever we are (home, airport, waiting rooms, etc.). Flexible workplaces are more popular than ever before and as the lines between business and personal life continue to blur, telecommuting offers a solution to help workers balance (and sometimes juggle) their work and personal lives. Virtual work arrangements can be a game-changer for us, empowering us to have both a successful professional career and a happy personal life.
Benefits of Telecommuting
Eighty percent of U.S. knowledge workers are employed by companies that have a telecommuting or virtual work arrangement program in place, according to a recent teleworking survey, commissioned by my company, PGi. Telecommuting is rapidly becoming one of the most attractive benefits a company can offer, and research indicates 80 percent of employees consider telecommuting to be a job perk.
As employers continue to realize the business value of teleworking and the importance of work-life balance, workers are gaining more control and flexibility over scheduling. Flexible hours enable busy professionals to work early in the morning or late at night, allowing more time to go to a doctor’s appointment or tend to children’s special events. For me, virtual work enables the flexibility to take care of my dogs, Jesse and Jasper, when a sitter isn’t available and maintain my multi-tasking excellence. I can take care of my mom in her home when needed, and still not miss a single meeting, even with our global HR team in their own time zones. And, cutting out the distractions of the office just one day per week helps me clear out email clutter, focus on completing tasks and take advantage of a change in scenery to spark strategic or creative thought processes.
The virtual workplace not only affords more balance, but also allows us to spend more time on ourselves. Workers report that telecommuting reduces stress levels and improves morale. Imagine having enough flexibility to have time to prepare a healthy meal or participate in fitness or recreational activities not easily accessible to the traditional 9-to-5 crowd!
Finding the Right Fit
Telecommuting is not a one-size-fits-all approach. Everyone’s situation is unique, and the key to building an efficient, productive workforce is to identify not only the unique needs of an employee, but also those of the team. For businesses, placing the wrong work style or preferences in a virtual workplace role can prove challenging for both the employee and the team. By understanding the personalities of your workforce, the employer and employees can enjoy many or all the benefits of telecommuting: improved productivity, better morale and reduced stress and cost.
Employers should consider several situations when starting or expanding virtual work arrangements. For example, does the worker have a back-up plan in case the Internet crashes at home? Are their mobile devices adequate for what is needed? As important as technologies, personality is another important factor to consider when making arrangements for virtual workers. At PGi, we have identified seven telecommuting personalities and the leadership tactics, tools and technologies for success in virtual roles. Whether you manage or work with the “24/7 worker,” the “multitasker,” or any of the other five personalities, there are many techniques you can use to help virtual teams collaborate and achieve success from anywhere.
Business today is conducted virtually anywhere at any time, opening new options for workers to successfully manage their work and personal lives. While navigating the waters of flexible work arrangements, remember the different personalities and needs of remote workers so you can help them experience the advantages of telecommuting. If time is the most valuable resource we have, we must find ways to use it as efficiently as possible to bring productivity and growth into our businesses.
About the author: Alison Sheehan leads PGi’s global human resources management, a team of HR professionals that provides support and services to over 2,100 PGi associates worldwide. With employees in 35 states in the U.S. and 25 countries around the globe, PGi’s HR strategies for talent acquisition, development, management, and rewards rely on virtual collaboration and workplaces for their success.
As of 2012, an estimated 13.4 million people were working from home. With fast internet connections, cloud technology, and free online phone services like Skype and Google Voice, it’s easier than ever for company employees and the self-employed to work from the comfort of wherever they want. If you’re running a business, there are plenty of reasons why you and your employees might be happier and more productive working from home. Here are six benefits.
No lengthy commute. According to US Census data, the average work commute time is 25.4 minutes. That might not sound so bad, but that’s close to an hour to get to and from the office, and many workers in large cities have an even longer commute. In fact, 600,000 US workers have a commute time of around 90 minutes. People who work from home are able to save time, gas money, and their sanity. Fewer commuters also means less of an environmental impact.
Fewer distractions. Co-workers on the phone, noisy printers, doors opening and closing… there are all kinds of distractions in a traditional workplace, especially if you work somewhere with an open office environment. Although home offices come with their own set of distractions, many people find that they’re more productive in the privacy of their house or apartment.
Fewer sick days. When you’re working with a large group of people in close quarters, colds and other viruses spread like wildfire. Allowing employees to work remotely, especially on days when they feel like they might be coming down with something, is better for everyone in the organization.
Less stressful environment. Although many businesses still operate under the belief that their employees need to be monitored, most people are actually more productive when they don’t have a manager breathing down their neck. As long as there’s a way to hold employees accountable for getting their work done, letting them work from home on their own schedule can go a long way to reduce stress.
Opportunity to personalize home office. Sure, you can decorate a cubicle, but you have more opportunities for personalization when you’re working out of your own home office. And, thanks to sites like Sheepbuy and Craigslist, telecommuters can furnish and decorate their home office without having to go outside of their budget.
More room for creativity. Creativity is largely subjective, so it’s hard to say whether working from home helps, but there’s a lot of anecdotal evidence that it does. People who work from home have more freedom to pick up and move if they need inspiration, whether that means going to the coffee shop down the street or taking a trip to another country.
Better work-life balance. A survey presented by Microsoft found that the number one benefit cited by people who work from home is the opportunity for greater work-life balance. Working from home can be especially good for people with families, because with the greater flexibility of their schedule and an eliminated commute, they’re able to spend more time with their loved ones. And, of course, when people are more satisfied with their work-life balance, the quality of their work will be higher.
Telecommuting isn’t the best model for all companies, but if most of your business’s work can be performed remotely, it may be a good way to improve employee productivity, job satisfaction, and retention.
About the Author: Juliana Weiss-Roessler is a work-at-home writer who frequently contributes on the topics of career and human resources. You can learn more about her blog writing and other internet marketing services at WeissRoessler.com.
In this title, I am using the word "she" as a representative of any woman in the workplace and not at all thinking of any one woman in particular. However, at times I may bring to mind a certain woman (including myself) to make my point. So what made me write such a post? What do I think the answer to this question is? Why should we even care?
Well the other day a person I would consider to be one of the nicest college friends I ever had posted a quiz on Facebook titled "How Bitchy Are You?" At first, I thought now why would she do that? She's not even close! Although, her score was 52% which said she was a "Balanced Bitch". So a couple hours went by and without thinking much about it except to laugh to myself because I thought for sure my result would be much higher, I took the quiz. Now let me just say, as an educated adult, I do know there is not a lot of research that is behind these silly Facebook quizzes, but what the hey. My theory was correct and I did score higher by 10%, achieving the "balanced bitch" entitlement as well. Then another friend who scored only 23% took it. Honestly, I would have ranked both the friend that took it initially and the latter friend in the same category of friendliness (not bitchiness) due to my own personal experiences with them. Thus negating my trust in the quiz even further.
All this got me thinking of the use of the word "Bitch" in general and more specifically in the workplace. I remember as a young professional (YP), I was invited to join a ladies group called "Bitchin' Broads" and I was offended that they called themselves that and refused to be part of the group, because as a professional I didn't want to be associated. I felt at the time it gave women a bad name in the workplace. Little did I know at the time that in reality, if you simply spoke up, shared what was on your mind, refused to do something ridiculous, called others on their laziness, or anything that others might consider "crossing the line," that is what they called you (and still do). Why is that?
If you are passionate about something and convey that in the workplace you can kiss your reputation as the nice lady goodbye. Take on a supervisor, manager, director or above and actually not be afraid to do the job...life as you know it is over. Matter of fact, your most likely counter supporters are typically other women. I have had several women tell me that they preferred to work for a man than woman. With more women entering the workplace decade after decade and still not joining the numbers at the top as a majority like their male counterparts, is it because of this mentality? Are women holding women back just because they are too nice to appreciate bitchiness as a necessary competency for getting things done? Please note: I am not condoning bullying in the workplace. I consider that to be totally different and definitely inappropriate in the workplace. A bully is a downright jerk regardless of gender.
So, I know for a fact, I have been a bitch at times both in the workplace and in the volunteer roles I have held related to the workplace. When I posted my score and comment in Facebook "life can be a bitch at times and so can I. I'm sure many of you would agree! Ha! Ha!" not many responded and I know why. The truth hurts. It's not intentional and it's not something I look back on and am proud of all the time. However, it has been essential at least 75% of the time. Many do take it a compliment. Just look at these articles I pulled a quote or takeaway from related to my thoughts on the topic.
"The more of a bitch I am the more successful I become" http://www.forbes.com/sites/
"Stop saying I'm sorry - there is a time and place for apologies"http://m.contentfac.com/?url=
When it means making 18% more than your agreeable counterparts why not earn the bitch title? http://jezebel.com/stop-being-
And just in case you missed the Facebook Bitch Quiz, here's another you can take to see if you are one of the workplace "she's": http://www.gotoquiz.com/are_
Is the "she" in your workplace a bitch? My answer is "yeah, maybe" but is that a bad thing? Maybe not!
About the Author: Donna Rogers, SPHR aka @HRWarrior. Donna is a full time Instructor at University of Illinois at Springfield, owner of Rogers HR Consulting and the immediate past Director of the Illinois State Council of SHRM. She has over 20 years in the HR field and currently teaches Human Resources Management, Organizational Behavior, Organizational Development, and Strategic HR Management. She practices what she teaches for almost 100 clients in the central Illinois area.
With great power comes great responsibility, said Spider Man.
A good leader embodies a number of highly-desired traits. He or she is focused, flexible, empathetic, ethical, and is engaged in a strong pursuit of success. There are different types of leaders and many leadership styles. Each might approach a situation or a problem in a different way but the outcome should always be the same: success or solution to a problem. Being able to get things done is the sign of a good leader.
Leadership has been much discussed. Thousands of books, articles, and blogs have been dedicated to studying different and efficient leadership styles. So how is it that despite such a wealth of information available on being a good leader, every organization has its own set of bad leaders? How come every employee has at least once endured that dreaded thing called “bad boss”?
No one starts off with the goal of becoming a horrible boss, but one picks up undesirable qualities along the way and gets stuck in self-defeating patterns of words and actions that earns one the label of ‘the boss from hell’.
So what are the things that lead to people getting this not-so-coveted title? Here are some of the qualities that we absolutely do not want in our leaders.
Credit Snatcher Alert!
This is for all those bosses who can never appreciate the fine work of their juniors and waste no time in making it their own. So your juniors may be less experienced and less skilled than you but when they do a good job they do deserve appreciation.
While taking credit for someone else’s work could be unintentional at times, especially when you feel that you came up with an idea which your subordinates simply executed, the least you can do is give them the credit for their part of work. That is what a good mentor does.
Is an Opportunistic Communicator
Being a good communicator is one of the key qualities needed to become a good leader. But good communication is not limited to conveying what you want from your employees and giving them their targets unambiguously.
It is about keeping them motivated and positive at all times. You cannot be an aggressive and empowering communicator only when you need your subordinates to work for you. To be a good leader you should be an informative, enthusiastic and encouraging communicator at all times.
Many leaders do not let beneficial and important information trickle down to their juniors as they fear that access to such information may help their juniors outshine them. This is bad practice. Such leaders never earn the trust or willing support of their subordinates. You cannot lead a team with a need-to-know-only attitude towards your juniors.
Lacks Vision and Focus
Leading through action and direction is the mantra for most successful leaders. Nobody can trust or rely on a leader who does not have a vision for himself or for the growth of his team. A leader needs to be clear about his goals and be meticulous in his approach towards attaining these goals.
Such a leader is focused and leads through example. On the other hand, a leader who lacks vision and focus will not set long-term goals. He cannot induce passion or commitment towards work in his or her subordinates. The best leaders are those who inspire others to go ahead and achieve their dreams. Such leaders infuse positivity, discipline and focus in their subordinates.
A bad leader lacks vision and fails to plan properly. They are not connected to their employees and remain clueless about the goings-on at work. They also fail to remain accountable and often blame their juniors when something goes wrong. Most people don’t stick around for long under such leaders.
Lacks Empathy and Flexibility
Kindness and humility go a long way. A leader that always says ‘NO’ to all that a junior asks, refuses to accept any innovation put forth by young blood, and is dominating and dictatorial in his approach gets a thumbs-down form us.
One becomes a leader only when he or she has followers. A boss that does not empathize with his workers is a bad boss and won’t win any hearts.
When your subordinates feel that you care for them, they want to give you their best. On the other hand, if they only receive indifference and coldness from the boss, their productivity will decline and understandably so.
These are bosses with excessive ego, pride and arrogance. They usually possess all of the above mentioned qualities. In addition to that, they are bad listeners. They believe that they know everything and will discourage you to speak up or express your views. And if you do manage to do so and rub them the wrong way, be ready for some serious payback. Yes, they are vindictive too.
Engages in Favoritism
Now this is the boss who irks us the most. They will shower favors on those they like. They love people sucking up to them and if you don’t, you are in deep trouble. By now you might have guessed that they play an active role in office politics and deliberately underplay your talent and hard work. They also pit employees against each other and create a bad working atmosphere.
If you are a leader and have been deliberately or unintentionally exhibiting any of the above behavior, check yourself now. A good leader brings out the best in all his followers; he is fair and unbiased and gives wings to his followers’ dreams. If you are working under a leader who does not inspire you to give your best, you need to recognize the signs and find a way out to receive guidance from a better boss.
About the Author: Lura Peterson is a freelance writer for Topmobility.com and loves to write on mobility. Besides writing, she also enjoys shopping, traveling with her family to far-off places and time spent with her husband.
Much has been said and written about the Millennial Generation, much of which is untrue or highly exaggerated. This group has often been criticized for being lazy, entitled and self-obsessed, but that’s not quite right. And, anyway, isn’t that always how the older generations describe “kids these days”?
The truth is that the notorious Millennials, or members of Generation Y, are more socially aware, innovative and worldly than any generation that came before, and they’re up against a lot more. This group is entering an extremely competitive, slim workforce with huge amounts of student loan debt, yet they’re highly optimistic about their futures.
Instead of thinking of ways to “deal” with Millennials who enter your company, you really ought to be coming up with ways to attract more of these creative thinkers – after all, in 10 years, Gen Y will make up three quarters of the workforce.
1. Be Different
Today’s college grads are not satisfied with their parents’ workplace. They take one look at a staid, old-fashioned office with its bland cubicles and depressing break room, and they run the other way. Millenials are turned off by the idea of working at the same, isolated desk all day.
Tim Buchenberger, designer at Whitney Architects, a firm that designs many modern workplaces, said, “We encourage companies to choose designs that promote flexibility and allow people to easily move in and out of different work environments. The spaces need to encourage personal and professional connections – they should create a sense of belonging.”
If you really want to attract the best and brightest young people, you have to build a physical environment that suits their work preferences and reflects the way technology has changed the way we communicate. Hip, modern companies eschew the culture of private offices and closed-off cubicles of yore in favor of open-concept spaces and meeting rooms that are conducive to collaboration.
2. Be Flexible
Millenials view the traditional work day in the same way they see the traditional office: outdated and irrelevant. Technology has completely transformed the way we work, and Gen Y understands that more than anyone, especially considering the fact that they don’t remember a time before the internet. Much of what necessitated the classic 9-5 schedule no longer applies.
If it was up to this new generation, all companies would allow workers to be flexible about when and where they work, as long as the work was getting done. They also prefer more casual dress requirements, which helps them feel like they can be themselves. An MTV study called No Collar Workers, found that 81% of Millennial employees think they should be able to make their own work hours and 79% think they should be able to wear jeans to work.
The point is that this generation is looking for a workplace that breaks down the strict barriers between work life and home life. The benefit to you is that, by creating a more inviting and flexible work environment, you get employees who actually want to be in the office and who thrive in an environment that encourages personal freedom and expression. It might all sound a bit foreign and new-age, but this is where things are headed and early adopters will find themselves ahead of the pack.
3. Mentorship Matters
Critics accuse Millennials of being dependent and in need of hand-holding, but these nay-sayers may just need to shift their perspective. In the past, many companies would essentially throw new team members into the deep end – their ability to learn to swim was their first test. This generation, however, works better with nurturing mentor relationships and frequent feedback. And is that so bad? Why shouldn’t we do everything we can to assimilate and educate new employees in order to help ensure their success?
You can make a Millenial feel right at home in your company by assigning them an official mentor from the start – this person would be responsible for showing them the ropes and facilitating regular check-ins where the newbie would be allowed to ask questions and seek feedback on their performance. This kind of system will not only attract workers of Gen Y, it will increase new employee retention and help decrease the inevitable learning curve that slows down productivity.
4. Raise Responsibility
This may surprise you, but Millennials are not motivated by money. Sure, money matters, but not as much as opportunities for growth, leadership and influence. Ultimately, today’s young workers would rather have a lower paycheck that comes with greater satisfaction than vice versa. And they want their voices heard and their input valued – 76% of those surveyed in the No Collar Workers study said that they believed their bosses could learn from them.
Perhaps because of the fact that they’re more in touch with technology than their older superiors, Millennials don’t prescribe to the belief that a strict hierarchy should dictate whose ideas matter the most. Your company can accommodate this belief by doing things like holding group brainstorming sessions that let all team members contribute equally. You can also tap young employees to train older team members on technology – this makes logical sense and it allows them to feel useful and valuable.
5. Make a Difference
Despite the bad rap they’ve gotten for being self-involved, Millennials are actually quite socially conscious and look for employers that are doing their part to give back or improve the world in some way. A 2014 Deloitte study on Millennials in the workforce concluded that this generation believes that a company’s success is not just measured in profits, but in contributions to the world at large. This was based on the fact that large percentages of them volunteer their time and money to charitable organizations and sign political petitions.
This is an easy and beneficial change for any company to make. Not only does company-wide philanthropy help those in need, but it also does wonders for building team morale and creating a more solid company culture. Taking the whole team to a food bank or an animal shelter for a day says, “We are a company that cares and values giving back to the community.” This makes all employees, not just Millennials, feel good about the place where they work, which in turn, creates more loyal and productive team members.
Millenials will soon take over America’s workforce. When that happens, companies won’t be asking themselves whether or not to adapt in order to suit their preferences – the adaptations will simply happen out of necessity.
The companies that choose to begin evolving early will be the ones that rise to the top, while the stragglers will find themselves running to catch up. As Bob Dylan sung in his epic ode to the power of youth, “Your old road is rapidly agin’, please get out of the new one if you can’t lend your hand, for the times they are a-changin’.”
Want to see where you fall on the Millenial continuum? Take this quiz, developed by the Pew Research Institute.
About the Author: Rod Miller is the Head of New Program Development of Corporate Award Source, an online supplier ofcustom corporate awards. Rod is also a frequent contributor to several career blogs and is passionate about educating professionals on workplace morale and leadership. For more information, visitCorporate Award Source or connect with Rod on Google+.
The old Mars versus Venus debate is back and this time it’s in the business arena. Traditionally, men have always had an edge over women in running businesses- more men own businesses and high revenue businesses are mostly controlled by men. So why ask this question? With many women rising to break the glass ceiling and proving that gender has nothing to do with success, it is indeed a valid question. Women are showing that they can handle business as well as men, if not better.
The rise of women in business: Why women are better at calling the shots
The last few years have seen a steady rise of women-owned businesses in the country. From startups to corporate giants, a number of women CEOs run companies. Business is no longer male-dominated. According to a 2013 report by American Express OPEN, women own 8.6 million businesses in America. Moreover, women-owned businesses have grown by 59 percent between 1997 and 2013 and this trend is set to continue in the next few years. As more women step into the business game, it brings us back to the question: Are women better at doing business? Here are five areas where women fare better than men, research has confirmed. All of them are important in the task of running a successful business. The findings may just about convince you!
Women were rated as better leaders than their male counterparts in a 2011 study carried out by Zenger Folkman Inc., the Harvard Business Review reports. Women score higher than men in most of the competencies critical in leadership, scoring high in qualities like taking initiative and pushing hard for results.
2. Decision making
The fairer sex lives up to their name. Research shows that women bosses are fairer than their male counterparts when it comes to making critical decisions in the company. A study by the International Journal of Business Governance and Ethics found that women leaders involved others in the decision making process and companies that had female board members were more successful, reports The Daily Telegraph.
3. Financial emergencies
A 2013 HSBC study has found that men are more likely than women to touch their retirement savings when faced with a financial crisis. More women also considered economizing as a possible means of dealing with financial crisis, the study adds. Going by this study, women seem to be better financial planners, a quality that is vital in business.
4. Credit management
A study by the American Association of University Women shows that women may just be better at handling debt than men, says a report by CBS News. While men and women are equal in terms of average credit scores, men tend to have bigger mortgages and higher incidents of late payments.
5. Social responsibility
Women leaders are more likely to contribute towards activities that have a societal impact. The 2013 U.S. Trust Insights on Wealth and Worth reveals that female entrepreneurs love to give back to their community, Forbes reports. Philanthropy plays a big part in the financial portfolio of women leaders, more than men.
An article by American Express further makes the case for women, citing five reasons on what makes women more effective bosses than men- they are better at communication, better at fostering relationships, have got stronger business ethics, they are more patient and better at triggering passion in employees.
Women have always excelled in the corporate sector, but their numbers in top positions have been dismal. But these studies show why women may be better business handlers and how they make more successful leaders as compared to men. Some of the findings may have come as a surprise- traditionally men have been more driven and forward in taking the initiative but women outscore them in these two areas!
It’s not just in the big businesses that women are thriving. Driving for growth is also one of the characteristics of women who own small businesses, the Hartford small business report shows. The 2013 study showed that when it came to small businesses, women displayed more desire for growth than men owning similar sized businesses.There’s also increased optimism in women owners who operate small businesses, the study adds.
As the future for women-owned businesses seems bright, one thing is clear: In a tough business environment, women are no less and the numbers are out there for all to see. Can women handle business better than men? I think you know the answer!
About the Author: Elvis Donnelly is a father of two who works from home. He is a voracious reader and like to keep abreast of current affairs on personal finance, technology and innovation. In his spare time, he loves taking on home improvement projects and considers himself a closet chef.
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I had the opportunity recently to participate in an employer and student roundtable discussion at a local college. The purpose of this project was to connect business leaders and HR professionals with college students to discuss the perceived and actual gaps in college level curriculum in preparing students for jobs and careers after graduation. In other words, as business and HR leaders, what did we wish students knew, or what skills did we wish they had upon graduation that would make them more valuable contributors to our businesses much more quickly?
The concept of this roundtable was great, and the discussions enlightening for both sides for the most part. But one part of the discussion bothered me, and still does several weeks later; that was the discussion about “business etiquette.”
You see, there was a belief in the room among many of the business professionals that students come into the workplace ill prepared for the realities of the workplace, that they don’t understand how to act in a professional setting. I do think this can be true to an extent, and there’s nothing wrong with setting expectations about dress code, or providing guidelines or reminders that it may be inconsiderate to take a conference call on speakerphone when you’re working in a cubicle situation. There are many appropriate and helpful things that we can do and steps that we can take as employers throughout the onboarding process to help them to acclimate. However, rather than a discussion about learning to navigate corporate culture and/or politics, it became a discussion that I could only describe as a lack of adherence to “work rules.”
The example was raised of a new employee who was found wearing headphones at his desk (presumably listening to music as he worked), and the discussion became a little heated with strong convictions about how new employees need to learn that this is not acceptable. But I question….why this rule in the first place? Are the headphones truly inhibiting productivity? Unless this employee was working in a call center, or the headphones were preventing him from hearing his phone ring, is there really any harm? Is it possible that he does a lot of independent work (writing, coding, etc.) and music motivates him? Maybe his work requires a great deal of concentration and the headphones/music blocks out the distractions around him?
What was particularly bothersome to me is that the professionals who were in the room represented some very highly respected companies. They were all obviously very successful, and offered a multitude of excellent advice in other aspects of the discussion. Yet when it came to work rules, the opinions were clear.
Too often, we as HR professionals get so fixated on the rules or the policies that we lose sight of why those rules are even in place to begin with, and fail to question whether or not they should be. There is absolutely a place for workplace guidelines, and some policies need to be in place to protect our employees (workplace violence, sexual harassment, etc.) Burt why do we continue to be fixated by arbitrary work rules? Because that’s how it’s always been? Because “our” way of working is right and “theirs” is wrong? Why aren’t we talking about teaching and coaching our new employees on the importance of building relationships and internal networking? About how to assess a corporate culture and learn how to navigate politics….and not politics in a bad way, but politics in the sense of learning who knows what, and who your best sources are when you need information, help, etc? Why are we so worried about who is following which arbitrary rule, instead of learning how to get the best and most productive output from our new employees?
My contribution to this discussion and advice to the students was the following: not all cultures are the same. Some will allow certain things, some won’t. Some will be more rigid, some will be more flexible. Not every culture is going to be like Zappos or Google, but don’t think every workplace with be rigid, either. Figure out the level of rigidity you think you would be able to tolerate, and then learn how to research company cultures to find employers where you know you’ll be comfortable and be able to do your best work.
About the Author: Jennifer Payne, SPHR has over 16 years of HR experience in employee relations, talent acquisition, and learning & development, and currently works in talent management in the retail grocery industry. She is one of the co-founders of Women of HR, and is currently the Editor of the site. You can connect with her on Twitter as @JennyJensHR and on LinkedIn.
In today’s fast paced world, life on-the-go is part of the job for many HR professionals. Getting the job done entails so much more than simply sitting in an office and pushing paper. Because technology has become such an integral part of so many offices and positions, it’s important to be able to stay in touch and accomplish your daily tasks no matter where you are. Here are a few must-have apps that can help make life a little less hectic for HR managers.
If you travel to a number of hiring fairs or conferences, keeping track of business cards can be an issue. Losing a card can lead to a missed opportunity. With CamCard, it’s no longer an issue. This app allows you to digitize a business card and store a prospective employees’ contact information in your address book.
When you are on the fly, you may not always have access to a printer. With HelloSign, you don’t need one. This app allows you to sign documents without having to print them out first. This includes any kind of document you would like, such as employee contracts.
While social media is all the rage, it isn’t always what it is cracked up to be. If you do plan to utilize social media for work purposes, LinkedIn is one of the best options for HR teams and professionals across the board. This isn’t a platform that is used to update your friends on what you had for dinner. This is a place for true professionals to make real connections and share valuable insights. It’s also a great place to announce new job openings, connect with clients, former (and future!) colleagues.
Performance reviews comprise a key component of an HR professional’s domain. The Small Improvements app aims to make the performance review process easier. This app allows both management and employees to provide feedback in an anonymous setting. This makes for a continual process over time and not a one-time snap shot of an employee’s performance. Goals can also be set for the employee and recognition given when warranted. Information can be viewed in chart form as well as other formats.
Mail+ for Outlook
If you use Outlook as your organization-wide email program, this app is a must. It allows you to read your emails and update your calendar on any electronic device you use such as your smartphone or tablet. It’s a great way to stay accessible on-the-go and keep your team apprised even when you’re not physically present in the office.
There are hundreds of human resource apps available. Take a few moments out of your busy schedule and see what is out there. Without a doubt, you will find a few HR apps that can make your job easier and save you time.
About the Author: Beth Sager is a web copy specialist who writes B2B copy for large and small companies alike. She has two degrees in writing, as well as a degree in business and accounting. She has been freelancing for a number of years. In her spare time, you will find her taking walks with her two dogs, playing tennis, or painting abstract pictures. This article was provided by Drexel University Online, an accredited university that offers online master’s and bachelor’s degrees, perfect for professionals looking to move to the next level of their careers.