{"id":9067,"date":"2021-08-18T15:05:53","date_gmt":"2021-08-18T19:05:53","guid":{"rendered":"https:\/\/www.goodwin.edu\/enews\/?p=9067"},"modified":"2024-12-16T17:03:02","modified_gmt":"2024-12-16T22:03:02","slug":"women-in-leadership","status":"publish","type":"post","link":"https:\/\/www.goodwin.edu\/enews\/women-in-leadership\/","title":{"rendered":"The Importance of Women in Leadership, and Why Now Is the Time to Shine"},"content":{"rendered":"

It\u2019s a wonderful time to be a woman in the United States of America. Barriers that once blocked women\u2019s eligibility for leadership roles are being questioned, put on trial, and dismantled daily. Women and those who support them are using their voices and skills to seek greater equality. To illustrate one prime example, look no further than Washington D.C. Vice President Kamala Harris was sworn in as the first female VP on January 20, 2021, just about 100 years after women earned the right to vote. In that moment, and in so many moments of achievement that built her staircase to get there, Harris proved that not just a woman, but a woman from a multi-racial (Black and South Asian) background, can climb to the highest ranks of leadership.<\/p>\n

Though women are equally capable of earning and excelling in leadership roles, a legacy of imbalance in the workplace is slowly being corrected. You might have heard the truism, \u201cChange starts at the top.\u201d When forecasting business trends, it can be helpful to examine the nation\u2019s most powerful companies. As of 2020, Fortune 500<\/a> reported that there were 37 women CEOs in control. That number amounts to only 7.4% of CEOs, yet demonstrates an impressive increase from just two female Fortune 500 leaders in 2000. Maybe those gender-diverse Fortune 500 companies got wise to the proven business benefits. According to a 2019 S&P Global study<\/a>, firms with female CEOs and CFOs result in excess profits<\/strong> (in the sum of trillions of dollars) and increased stock price performance<\/strong> over the market average. Higher gender diversity amongst a company\u2019s board of directors is also associated with profit increases.<\/p>\n

Education may play a role in why women are getting hired for jobs previously reserved for men. The Pew Research Center<\/a> showed that by 2019, women had matched men on the number of workers in the labor force with a bachelor\u2019s degree (29.5 million women to 29.3 million men). However, having a bachelor\u2019s degree for men puts his median earnings at $74,900, while for college-educated women, that median is $51,600. There is still much work to be done to improve the gender wage gap.<\/p>\n

Why Women are Essential in Leadership<\/strong><\/h2>\n

The good news is, since women are now as well or more educated than men in the workforce, little can stand in the way of their rise to leadership positions. More organizations are now looking to women to provide valuable leadership qualities related to communication, which is an essential component of successful business practice. Communication is just one soft skill that bolsters a professional\u2019s \u201cemotional intelligence.\u201d Other components of emotional intelligence include critical thinking, a positive work ethic, and strength in working with others.<\/p>\n

Emotional intelligence ultimately leads to better decision-making, which is a key skill for leaders. The steps of analysis, planning, and then acting amount to a tactical, emotionally intelligent approach that produces thoughtful results. In our society, girls consistently receive training from adults that empathy is the essence of being female. Empathy helps strengthen communication skills in new ways. Empathy also helps women consider multiple perspectives and come up with creative solutions for businesses.<\/p>\n

In Dr. Shawn Andrews\u2019 book, The Power of Perception<\/em><\/a>, the author explains that fewer women are in leadership not<\/strong> because of a lack of skills, but because of societal perceptions of leaders. Our society trains men to be assertive, self-confident, decisive, and competitive. Historically, these are also qualities that have been associated with leadership, creating a de-facto exclusion of women from leading roles. It has been assumed that women are just not \u201cleadership material,\u201d which many now know is not the case. Women seeking leadership positions must continue to break down these inaccurate notions. America\u2019s perspective on gender, in general, is experiencing a revolution, and we have a new responsibility to socialize new generations with fewer gender assumptions.<\/p>\n

Providing An Avenue for Women in Leadership<\/strong><\/h2>\n

The truth is, society still accepts that women spend more time on childcare than their male counterparts, which makes it more challenging to excel in the workplace. According to a McKinsey study<\/a>, since the pandemic, in a two-parent household where both parents work, mothers are twice as likely to spend five or more hours a day on chores. That amounts to a part-time job! Not surprisingly, many women in leadership get there because they\u2019ve found avenues for education and career advancement that allow for flexibility without sacrificing quality.<\/p>\n

Goodwin University\u2019s Master\u2019s of Science in Organizational Leadership (MSOL) is a flexible program<\/a> that is offered entirely online, or in a hybrid format, and can be completed in as few as 20 months while studying part-time<\/em><\/strong>. At Goodwin, we understand that managing a family, a job, and other obligations are just as much a priority to you as your long-term career plans. We\u2019re so proud to offer fantastic leadership training and a graduate education that is attainable to men and women, no matter what else they might be balancing in life. Today, women make up about 80 percent<\/a> of our study body\u2014and we\u2019re honored to be helping the next generation of female leaders into careers they love.<\/p>\n

For more information about Goodwin University\u2019s MSOL degree program and how we can support your leadership journey, <\/em><\/strong>visit us online<\/em><\/strong><\/a> or call an admissions representative at 800-889-3282, today!<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a wonderful time to be a woman in the United States of America. Barriers that once blocked women\u2019s eligibility for leadership roles are being questioned, put on trial, and dismantled daily. Women and those who support them are using … Continue reading The Importance of Women in Leadership, and Why Now Is the Time to Shine<\/span><\/a><\/p>\n","protected":false},"author":36,"featured_media":9069,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1065],"tags":[268,393,454,486,1137],"class_list":{"0":"post-9067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-business-and-leadership","8":"tag-featured","9":"tag-leadership","10":"tag-masters-in-organizational-leadership","11":"tag-msol","12":"tag-women-in-leadership","14":"fallback-thumbnail"},"yoast_head":"\nThe Importance of Women in Leadership | Goodwin University<\/title>\n<meta name=\"description\" content=\"America\u2019s perspective on gender is revolutionizing, and the number of women in leadership is rising. 37 women now lead Fortune 500 companies. 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