Women leadership

Why there are few Vietnamese Women Business Leaders

Depending on whose statistics you read, about 25 to 30 percent of business leaders in Vietnam are women. This is higher than the average for Asia. One-fourth or one-third is not satisfactory, however. No concrete evidence suggests that Vietnamese women aren’t as ambitious as their male counterparts. But before moving on, take note that more than 50% of Asia’s corporations are in manufacturing, which is male-dominated. Unlike in more advanced economies, there aren’t many Asian women in this sector. More are employed in health care, finance, communication, education, real estate and other services. Despite societal strides, Vietnamese women still face challenges when they aspire to greater heights. These are the main reasons. Social Norms These directly affect people’s lives – what they believe in and how they behave. Yes, norms provide order and protect people from harm. But, these can also hinder growth. The Vietnamese people should evaluate their norms and change these for women to achieve their goals.   Housework Load Women are still held responsible for the bulk of tasks at home, including child-rearing. Men’s share of the workload is around 10% or less. Unsurprisingly, many Vietnamese women give up on their dreams as they don’t have enough time to pursue careers. They may pick up jobs that aren’t demanding but forego opportunities for advancement. Gender Bias There are many successful Vietnamese businesswomen, but stereotyping persists. The majority still believe that women should focus on support and caregiving. Despite laws that improve gender equality, most Vietnamese female entrepreneurs are in the small business or informal sectors. According to one study, it is more difficult for women than men to borrow money to start a business. Access to Continuing Education  Many women need more access to higher education and fewer undergo job training. Opportunities are generic at best and need more flexibility for women who care for families. Also, educational programs should focus on increasing digital literacy in today’s environment. Women Make a Difference Advanced economies prove that women leaders contribute to the profitability of an organization. There are enough studies that show more women in business leadership positions are beneficial to organizations and employees. Today, there aren’t enough of them in entrepreneurial roles. Addressing the problems above may help more women participate and add value to society.  Vietnam supports providing more opportunities, but there is still much to do. For instance, laws allow long maternity leaves. These fall short, though, if businesses don’t provide adequate child-care services.

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Embracing the Power of Female Leadership

Embracing the Power of Female Leadership

The world is changing, and it’s time for us to embrace female leadership traits. Empathy, compassion, authenticity, emotional intelligence, and listening are all qualities that women have naturally possessed for centuries. However, these traits have often been overlooked in the workplace, where masculine leadership traits have been seen as the only way to succeed. It’s time to challenge this way of thinking. Research has shown that companies with more women in leadership positions tend to perform better financially. In fact, according to a study by McKinsey & Company, gender-diverse companies are 15% more likely to outperform their non-gender diverse counterparts. Additionally, companies in the top quartile for gender diversity are 21% more likely to have above-average profitability than companies in the bottom quartile. This is in part because female leaders tend to bring a unique set of leadership qualities to the table, including empathy, collaboration, and communication, which are highly valued in today’s workplace. Women have often had to portray masculine leadership traits to be taken seriously in the workplace. But by doing so, they’ve missed out on the unique strengths that come with being a woman. It’s time for us to embrace these strengths and recognise them as valuable assets in the workplace. The CEO of our company, My Holland, recently gave a TEDx talk on FQ (Female Intelligence), where she emphasised the importance of embracing female leadership traits. She has a book coming out soon on this topic, which I highly recommend. But embracing female leadership traits isn’t just for women. Men can benefit from these traits as well. By embracing empathy, compassion, authenticity, emotional intelligence, and listening, men can become better leaders and create a more inclusive and productive workplace. So, let’s make a commitment to embrace female leadership traits. Let’s recognise the value that women bring to the table and create a workplace that values collaboration, communication, and inclusivity. By doing so, we can create a brighter future for everyone. If you enjoyed this, you might be interested in BE FAIR TO WOMEN LEADERS and YOURSELF: LEAD LIKE A WOMAN Source: https://www.mckinsey.com/featured-insights/gender-equality/women-in-the-workplace-2020 Written by Mylan Holland

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feminity exists at work

When toxic féminity exists at work

In many countries, young girls are brought up to fit a mold their societies dictate. These include expectations that women must be submissive, married by a certain age and bear children. Even in a professional setting, many employees believe women should be subservient, passive, dress appropriately and focus on support instead of leadership. Also, several companies bypass women for promotion because they could become pregnant and their absence can cause disruptions in operations. There’s even a common belief that women are emotional and thus cannot make rational decisions. Note that it’s not just men who think this – women too. What then is Toxic Femininity? It is behavior that upholds gender stereotypes and norms that degrade and discourage women from growing personally and professionally. It is also exhibited when women try to conform to traditions or norms at the expense of their individuality. The definition of femininity is not the same everywhere, as culture, society, laws and even religion affect it. The social standards of one country may be different from that of another. But this doesn’t mean that change is impossible. It might take time for others to rid their societies of toxic femininity. Nevertheless, here are a few ways to handle it. Check your beliefs Unknowingly, you might tolerate or advocate toxic femininity because your beliefs guide your behavior. Do you believe that there are roles for men alone or that women are incapable of specific tasks at work Today, there aren’t any jobs for men only – maybe male dominated but not exclusive. Analyze your belief system and ask yourself if you’re being fair to women. Be open to new views that you never considered before. Make sound judgment It’s going to take a while to change your beliefs. In the meantime, ask yourself if a person’s gender affects your evaluation of a colleague. Even in a professional setting, certain traits are instantly attributed to women. For instance, they’re sensitive. You know that men can be sensitive too. When you assess a woman, ensure her gender isn’t a factor. Make It Part of the Conversation It isn’t wise to tell others that they are perpetuating toxic femininity. But when the opportunity arises, ask why they think that way. This allows you to share your views, though contradictory. Discussing rather than telling people they’re wrong is always the better option. They may disagree with you, but get them to think about it.

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