Emerging Markets Business Summer 2017 | Page 78

78 LEADERSHIP women are more likely to share economic and non-economic gains with their families and wider communities. FOUR STEPS TO INCLUDE AND ADVANCE WOMEN 2. Expand your interactions with women to be more specific, intentional and regular. THE SOLUTION LIES IN STRAIGHT-FORWARD ACTION So, what’s missing? How can we fully engage women in leadership? We’re missing simple, straightforward actions by managers and leaders actively engaging in the advancement of women. This goes way beyond recognition of unconscious bias and even beyond conscious inclusion to actions for conscious active advancement of women. Managers and leaders need to take more than a hands-off, “the company is handling it,” approach and become personally involved in encouraging, elevating and sponsoring women. Contrary to a widely-held belief, the majority of managers and leaders—most of whom are men—want to help women get ahead. I’ve repeatedly seen firsthand evidence of this when working with men in places as far flung as Mexico, South Africa, the United Arab Emirates and the Republic of Georgia, who want to know what to do differently. However, it takes more than making commitments, goal setting, and meetings 1. Eliminate bias and discrimination as well as workplace practices that are obstacles to women’s advancement. to communicate the importance of women in leadership. It takes, direct, personal, active involvement on the part of manag- ers and leaders to attract, retain and promote women in our workforces in order to drive economic growth. The stance has to shift from being passive, to being active in our support for the inclusion and advancement of women in the workplace. 4. Engage in employee initiatives and family- oriented benefits. 3. Encourage women to seek opportunities for advancement. For emerging economies to thrive, they have to be diverse. Relying on one resource or one strategy, does not work. Relying on half the population is not enough. Not utilizing the talents of highly educated people doesn’t make any sense. When wondering how we can stimulate global economic expansion, the first step is to fully engage the talents and leadership potential of our greatest underutilized resource. CONCRETE ACTIONS THAT LEADERS CAN TAKE 1. Eliminate bias and discrimination as well as workplace practices that are obstacles to women’s advancement. As uncomfortable as it may be to confront someone, when you witness bias, tell the off- ender very directly that there is no place for their behavior. If the person is a repeat offender or their behavior is egregious, consider further action up to and including termination. Don’t engage in practices that make it hard to include women—or that run the risk of excluding them entirely. A couple of examples to be avoided include: regularly setting meetings early in the morning, late in the day, or after work hours; or making EMERGING MARKETS BUSINESS business decisions during interactions when women are not present. 2. Expand your interactions with women to be more specific, intentional and regular. Make regular appointments to talk with women on your team about their work, giving frank, constructive feedback. Involve women in client and revenue-building activities whenever possible; ensure that female colleagues are involved in client meetings so they can learn more about the business and the needs of your customers. Research from Catalyst informs us that female managers do very well in positions demanding SUMMER 2017 ISSUE NO. 3 complex interpersonal skills. Sponsor women rather than only mentoring them. This is one of the most important actions you can take to actively advance women. 3. Encourage women to seek opportunities for advancement. Regularly encourage women to apply for jobs or opportuni- ties. Don’t assume they have not applied for personal reasons. Women have a tendency not to apply for opportunities when they meet 80 percent of the qualifications and often need some encour- agement to apply. Recognize women’s contributions and the effort they put into achieving results. Make the women on your team and their contributions visible to more senior leaders. 4. Engage in employee initiatives. Actively participate in, and lead, diversity Initiatives, especially women’s network- ing events. Practically speaking, one example would be to regularly attend and speak at women’s initiative events. Take advantage of work-life benefits your company may have in place, like flexible schedules or parental leave. In other words, if you pick up your children from school and attend their activities, let everyone at the office know why you are leaving early.