Why Too Many Women's Leadership Initiatives Fail
Alexia Vernon ENTREPRENEUR LEADERSHIP NETWORK
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From mentorship programs for high-potential women to women's leadership development conferences that bring women from different teams and locations together to connect and grow, many companies have made it a priority to address the dearth of corporate women's leadership.
Women make up nearly half of the U.S. labor force and 2020 has set a record for women CEOs of Fortune 500 companies, but most U.S. companies are struggling when it comes to their women's leadership development initiatives. Plus, many organizations that have been hurt by the current health and economic crisis have yet to use their initiatives to address how to support female employees who are tasked with working from home while caring for children who are no longer in school or child-care.
According to a 2020 brief by UN Women, while women "are at the helm of institutions carrying out effective and inclusive COVID-19 responses, from the highest levels of decision-making to frontline service delivery," women are still underrepresented in too many decision-making forums.
For organizations to truly champion their women from recruitment to senior leadership, and every step in between, it's critical to address the following blind spots to ensure that new or existing women's leadership initiatives meet the real needs of women employees and set them up for long-term success...