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#78 5 Strategies To Empower Female Talent in Your Organisation Beyond International Women’s Day (and Why This is So Critical Right Now)
The 360 Leadhership Podcast, Episode 78, 21 June 2023 by Lucy Gernon
Is Your Company Missing Out on this Secret Weapon for Innovation and Growth?
Don’t get me wrong, International Women’s Day is a fantastic initiative and I am a big advocate for it. It’s essential to celebrate women and raise awareness about gender equality, and equity.
But here’s the truth – Supporting female talent shouldn’t be limited to just one day. That’s not enough to create lasting change.
After talking to numerous women leaders on the topic, something really stood out. People often see these events as one day, PR stunts that are quickly forgotten about.
Have you ever felt this way?
As a keynote speaker at multiple International Women’s Day events each year, I’ve immersed myself in organisational cultures and witnessed the gaps in nurturing and empowering female talent first hand. The gender pay gap is still there, and not all women receive the support they need to advance their careers.
And guess what? Even after these events, women approach me privately seeking coaching and mentorship services yet still can’t manage to secure the necessary funding to invest in their own development. It frustrates me to see organisations make their female talent jump through hoops for minimal investment, while they themselves generate billions.
Episode 78 delves into the importance of prioritising investment in female talent and provides five strategies to foster lasting change within organisations.
Here are some stats to show you why it is so important:
Studies reveal that 75% of women experience imposter syndrome during their careers, compared to 62% of men. This confidence gap can lead women to doubt their capabilities, overwork, and neglect work-life balance.
Shockingly, only 25% of women negotiate their salaries, compared to 46% of men. This disparity contributes to the persistent gender pay gap. Organisations need to empower women to advocate for themselves by offering negotiation training and cultivating an environment where salary discussions are encouraged.
Research shows that women often apply for jobs only if they meet 100% of the listed qualifications, while men apply with just 60% alignment. This mindset gap restricts women from taking risks and putting themselves forward for opportunities.
So what can organisations do to bridge the gender gap and unlock the full potential of their female talent? Below are 2 ways to get started, but tune into episode 78 of the Powerhouse Revolution Podcast to reveal all, my friend.
Strategy #1: Unlock the Power of Mentorship and Sponsorship Programs.
Empower your female talent by implementing mentorship and sponsorship initiatives within your organisation. By pairing experienced leaders with aspiring professionals, you can provide invaluable guidance and support, paving the way for career advancement.
And if you’re unsure about starting a formal program, don’t worry! You can personally seek out mentors who inspire you, or better yet, get in touch to learn more about my coaching and guest speaking services to enhance the impact and effectiveness of these programs.
Strategy #2: Invest in Tailored Leadership Development Programs.
Equip your women leaders with the skills and knowledge they need to excel in their roles. My specialised leadership development programs are designed specifically for women, addressing competency gaps, overcoming biases, and empowering them to thrive.
Through personalised coaching and training, I help women navigate challenges such as self-doubt, emotional regulation, and assertiveness, allowing them to build a strong executive presence without compromising authenticity.
If you’re ready to take your leadership development efforts to the next level, contact me about my services to create a transformative experience for your female talent.
In addition to these 2 powerful strategies, there are 3 more game-changing approaches discussed in this episode. Tune in to discover how they can further support the growth and success of your female employees.
Here’s the episode at a glance:
[03:38] Discover the Game-Changing Weapon for Innovation and Growth Your Company Might Be Ignoring
[06:28] The Surprising Secret Behind Women’s Job Applications You Can’t Afford to Miss
[11:19] How Prioritising Female Talent Can Revolutionise Your Organisation For Real
[16:05] How to Optimise Mentorship and Sponsorship Programs for Unparalleled Success
[20:51] The Secret to Securing Funding for Your Women’s Group
Contact me now to discover how I can support your organization through our tailored programs to develop your female talent.