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Wednesday, February 19, 2020
The benefits of increasing womens participation in top management Essay
The benefits of increasing womens participation in top management teams - Essay Example However, more importantly, there is the question of the reasons as to why women are still assuming relatively fewer of these critical positions in corporations. Despite the fact that women account for about 33.3 percent of the players occupying managerial positions, in general, the 2007 survey by the bureau of labor statistics gave surprising statistics (Bureau of labor Statistics, 2007). The statistics include that, from the statistics of 2006, less than a third of the top one thousand and five hundred firms in American had one woman player as a top managerial executive. Further, less than 6 percent of the top firms reported having more than one woman in executive position, and less than 3 percent had a female CEO (Bureau of labor Statistics, 2007). Through this paper, the writer will review the arguments reported through different sources that women are better at executive management than their male counterparts, which will amplify the question of the huge gender gap (Castanias and Helfat, 2001). Through the review of the subject, and reviewing the factual nature of the information showing that women make better executive managers, recommendations will be offered ââ¬â which are expected to improve the management of different firms and organizations. These aims will be realized through the essay, through reviewing available data, to verify whether the more effective executive managerial capacities can be verified ââ¬â which will lead to the formulation of recommendations to remedy the situation (Deszo and Ross, 2008). Through the recommendations advanced, the executive managerial staffs of firms and organizations will seek to exploit the varied managerial outlook of male and female executives, which is anticipated to improve the performance of these organizations (Castanias and Helfat, 2001). This paper will cover a literature review, which will give account of sources supporting the excellent managerial outlook of female players, and then offer a case study of an organization that has benefited from female participation in managerial practices. Precisely, the paper will use the case study to support the information supporting the standpoint of the discussion, while at the same time integrating theory into the discussion, towards the formulation of informative inferences and conclusions (Deszo and Ross, 2008). Theoretical background Castanias and Helfat (2001) argue that there is a wide range of literature and research reports giving the information that female managers are not only as good at performance as their male counterparts, but are also more effective in the executive management of organizations. The arguments go ahead to discuss that woman executive managers tend to be less hierarchical in their management of organizations, and their managerial outlook is often found to be more interactive, which increases the engagement and the output of employees (Carter, Simkins and Gar, 2003). Apart from increasing the possible effe ct of increasing the productivity of the organization, the role of executive female managers is likely to increase the levels of teamwork realized across the organization, and is likely to increase the intrinsic motivation of employees ââ¬â and the two lead to an increase in the creativity of the workers of the organization, at their different roles (Book, 2000). Eisenhardt, Kahwajy and Bourgeois (1997) support the same point of view that having female members in the executive managerial function is likely to improve the performance and the outcomes of an organization. They discuss that female participat
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