Women have made significant progress in leadership in the last several decades. As per Farnoush Farsiar who is an established leader in the wealth and financial management industry, women have unique challenges that men don't.
They are often underestimated and must be twice as dedicated to make it in a world that is dominated by men. They must manage the demands of work and home.
This can be problematic when both roles demand a lot in terms of time and energy.
If women have the right tools and strategies, they can overcome any challenge in the business world.
Women remain an underrepresented group in executive and managerial positions
Women who hold leadership roles in the field of business face particular challenges that men might not encounter.
One of these challenges is being in the minority of the room.
Women make up a majority of the workforce, but men still outnumber them in managerial and executive posts.
This can sometimes make a woman feel less appreciated and respected in her position as part of a team. Business leaders with women could also be subject to discrimination on the basis of gender and sexual harassment.
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These concerns can trigger fear and intimidation that makes it challenging for women to do their work.
Farnoush says that female entrepreneurs have made huge strides over the past few years, despite numerous difficulties. They are continuing to show that they can succeed in every field.
Farnoush Farsiar claims the biggest challenge facing women is the absence of equality
One of the greatest challenges female business leaders have to face is a lack equality. Equality is an integral part of any business.
Farnoush Farsiar It isn't easy to be a female CEO due to the fact that they are at a higher risk of losing their jobs.
Farnoush Farsiar Women CEOs are at the greatest risk of being fired even when their businesses are flourishing.
The CEOs will not be able assert equality. This makes it difficult for the younger managers to voice their concerns that they have to face.
This can result in workplaces that are hostile for female employees. It also makes it difficult for women to advance in their careers.
Farnoush Farsiar states that this can eventually lead to a less than stellar diversity among the upper levels.
The final result: A negative effect on the bottom line
The absence of mentorship and assistance for women entrepreneurs
The ability to connect with established networks is a further challenge for female in leadership.
https://www.businesstelegraph.co.uk/why-there-are-few-women-in-finance-farnoush-farsiar/ Farnoush explains that historically, men were able to join a thriving "boys club," of business acquaintances.
Particularly susceptible to this risk is the sector of wealth management sector which is dominated by men.
Men have always enjoyed having friends who can help them develop their careers.
Women have a difficult time getting into these groups as they may not be taken as seriously as male colleagues.
In the end, female entrepreneurs might not be able to receive mentorship or support or advice, and could suffer the consequences of their hard work.
Women are now able to build strong networks and group support with the help of social media.
This could assist them overcome the obstacles that come by not having traditional network access.
Women in business are perceived to be more emotional
According to Farnoush Farsiar, there is an assumption that women are not as capable of managing a business than men.
This may be due to the reality that women are typically seen as being more emotionally driven. This could make women less rational, unstable and, consequently, more "aggressive."
Farnoush Farsiar claims that women have more emotional expression and men are more likely to feel threatened or even attacked when women handle them.
It can also result in women being perceived as less capable and competent as men.
Women should be open and aware of changing their perceptions in order to combat this. Women must be confident, clear-headed and clear in expressing their ideas.
Companies have a significant role to play when it comes to improving the perceptions.
Farnoush Farsiar They must also strive to create a work environment that is inclusive and respectful of all.
They can transform women's perceptions of leadership and business through this.
They can also prove they are just as capable and competent as anyone else. Additionally, leadership programs designed for women can assist in the development of these abilities.
The balance between work and personal life is a further challenge for women leaders.
As Farnoush Farsiar points out, "women remain the main culprits for the vast majority of non-paid jobs at home."
Farnoush Farsiar It isn't easy to manage this when they are working in demanding environments.
Women often feel pressure to excel in all aspects of their life. This can be very stressful.
Women who lead should be aware that it is okay to not have everything all together at all times.
It's also fine to ask for help if you need it.
Employers should also make sure that their workplace lets employees be able to manage their personal and professional lives.
This may be a telecommuting option, flexible working hours and parental leave policies for both women and men.
Farnoush Farsiar Farnoush Farsiar offers possible solutions to the issues faced by female business leaders
Farnoush believes women leaders have the potential to overcome many issues they have to face.
A few of these solutions are:
Programs for leadership specifically designed for women: Farnoush believes that the programs to develop female leadership are essential. They can provide women with the confidence and abilities they need to be successful in leadership roles.
Women leaders are often faced with issues with their communication because of the perception that they have more emotions than men. Farnoush Farsiar They must be able to speak clearly and confidently in order to dispel the perception.
Collaboration with Human Resources to Influence policies: Women leaders have the chance to collaborate with Human Resources to develop policies that are more inclusive of both women and men. This could result in an equal and fair workplace for all employees.
It is not secret that women leaders confront unique challenges that male counterparts don't.
Good news: The challenges that women leaders face can be overcome by using the right strategies.
Women leaders can succeed through being aware, and using all the solutions availableto conquer the obstacles they face.
Farnoush Farsiar discusses the challenges women in business face
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4 min read
