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Gender Diversity Essay

4114 words - 17 pages

Helping Women Climb the Ladder: How Corporations can Profit from Gender Diversity
The need to make a commitment to encouraging diversity is paramount in today's business world. Executive women leadership can help corporations at the board level with success, find creative ways for face challenges, and spot talent within and outside the corporation while making the boardroom more innovative. Unfortunately, business women do not possess equal access to leadership. They face complexities not encountered by business men because of continuing uncertainties about their ability to lead. Requiring a diverse boardroom is a smart and practical way of bringing a different perspective and most ...view middle of the document...

A continuous debate goes on whether the gap on gender diversity is becoming larger or smaller fifty years later. In 1950, only a small minority of women, approximately 29 percent worked outside the home, but in 2000 nearly three quarters of the women did. In 1950, women who were employed worked in a relative exclusive female occupation; however in 2000, they were spread across a vast array of occupations. Finally, the average woman in 1960 earned 64 cents for every dollar a man earned while in 2000 earned 73 cents. In the past 11 years, it has only grown by 4 cents (Pay-Equity.org). Landmark federal legislation was passed in the 1960s, the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964, was to provide equality in the workplace for women. However, in the current year 2012, the fight still remains. Governor of Wisconsin, Scott Walker, on April 7th, 2012, signed a repeal of the 2009 Equal Pay Enforcement Act, workplace discrimination law. This act is meant to prevent employers from discriminating against women by giving them more avenues by which to press charges. Women in Wisconsin make 75 cents on the dollar less than men. This is 3 cents less than the national average which means they lose more than $4,000 per year due to unequal pay (FoxxMediaGroup.com). So instead of the clock moving forward, it continues to move backward. By rescinding this act, put's women's economic security in greater jeopardy and makes it even tougher to get ahead economically. It is daunting how easy it is to erase rights then to gain new ones. Laws are meant to assist in the pursuit of happiness and equality, and by repealing them, makes it that much harder for business women to negotiate the labyrinth to power.
Business women around the world are proving that we can make a difference when they are in positions of power. Oprah Winfrey in 2010 was named the sixth most powerful and influential business woman (MoneyCNN.com). Her tenacity to be a strong role model for all genders on every continent, along with numerous jobs and opportunities along the way, has helped established her as Chairman of the Board of her own network, Oprah Winfrey Network. In an essay entitled "How I Got There" that she wrote for Newsweek, she described her secret to success. "I'm always aiming for the truth. I relate to the core of everyone's pain and promise. I understand that the common denominator in the human experience from the thousands of people that I've talked to is that everybody just wants to be heard" (Wiehl 8). And what about Beth E. Mooney, who became the first female CEO of the largest independent financial institution, KeyCorp in May 2011. She spoke at the World's Most Powerful Women Banking event in October of last year and in her message he used the analogy of carrying the torch and lighting the way. She used this analogy for all women who are handed the torch to make sure they light the way for others. And another woman of power...

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