Updated: Nov 18
Recently there has been changes occurring in the social role of women and men which has been observed. Traditionally, the dominating social role of the woman was as housewife, and that of the man was focused on work and family maintenance, but times have changed and the increase in education has made women independent and no longer dependent on men to lead their lives.
Business laws have changed to allow more women in the workplace and giving them a comfortable environment to work in. Women can now stand tall like men and get equal opportunities in everything.
Women leaders defeat many workplace barriers caused by gender biases and these defeats are enabling transformational role models for society. The challenges faced in their journeys to the top allows younger girls to witness how they developed and fought for themselves to get to the top. This leaves less room for anyone to challenge the need for more women in leadership and thus promotes and empowers other women to reach for the sky and do extraordinary things they would not have normally done otherwise.
Of all Fortune 500 companies, only 8.8% have women CEOs. This indicates that about 91% of Fortune 500 CEOs are male. - Forbes
How women's role in society changed
Education has made women independent and they are no longer dependent on men to lead their lives. Business laws have changed to allow more women in the workplace by giving them a comfortable environment to work in. Women can now stand tall like men and get equal opportunities in everything.
What are the advantages of female leadership?
More diverse problem-solving. The way you approach a problem is often defined by your worldview, specifically your values and behavioral patterns regarding conflict
Increased organisational collaboration
Higher employee engagement
Improved financial performance
The importance of women's power
Women empowerment helps boost women's status through literacy, education, training and awareness creation. Furthermore, women's empowerment refers to women's ability to make strategic life choices that had been previously denied to them.
Factors that influence women to becoming entrepreneurs
There are the factors that impact women's decision to become leaders and self-entrepreneurs, below is the main reasons:-
The desire for financial independence and decision making
Market and informational networking
Availability of a start-up capital
Knowledge and skills
Responsibility for children
The truth is women in leadership roles and owning of businesses sets a strong example for the younger generations and makes a real impact in the society we live in, let's continue to support, champion and empower women for a better future.