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On International Women’s Day we ask TRIUM’s alumni community – What needs to change so more women can reach their full potential in business?
Women: dare more, ask and ask! And promote women as much as you can in your domain - numbers will grow exponentially.
It is time that women are given the same consideration in being offered challenging leadership assignments that are complex and large in scale and scope, to turnaround, start up and manage within the business, in the same numbers that are offered to their male counterparts.
Access to formal executive education, especially mid-career, gives women the edge to be successful. It is very important to find our niche and specialise for success in that area.
Men in business need to recruit and promote more women into senior roles, not because it is their moral obligation to do so, but because such diversity will give their businesses a strong competitive advantage.
We need more women in Venture Capital and more venture funding invested in women-led start-ups.
We need to find a way to re-shape attitudes, change cultural blockages, and remove conscious and unconscious biases in both men and women.
We live in a world where nobody makes hiring decisions based on hair color. We should live in a world where nobody cares about gender any more than they care about hair color.
To continue to fuel innovation by women, we must change the larger landscape of capital. Beyond a moral imperative, we see this as a business case - investing in women is good business.
We need to ensure that all performance based assessments are measured equally regardles of gender, even if it's sometimes difficult to step back from engrained methods in an organization.
For women talent in particular, I believe the next key unlock is sponsorship. Today, in most cases, we still have fewer women in senior leadership teams and forums where decisions on talent moves are made. This is why it is critical that senior women sponsor the next generation of women talent, ensure diverse slates and non-biased discussions when career moves are decided.
Women entrepreneurs can significantly benefit if private and public sectors increase procurement from women-led startups.