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Cover Story
As Shatter-Proof as Ever!
Women have broken a lot of Gender Barriers in Society, But The Glass ceiling is not Exactly in that List Yet
Issue Date - 17/03/2011
Although times have changed and there are many more women entrepreneurs today in developing countries, it is also true that the number of women entrepreneurs is much less than males. Also, it is a fact that fewer women go into entrepreneurship than men because of prevailing discouraging attitude. Women do not get as much support and encouragement to start their own enterprises. However, the number of women entrepreneurs is steadily increasing in India. And, what is remarkable is that Indian women are achieving this by surmounting prejudices and barriers. Attitudes have changed and women have begun to express their independence, while society in general is acknowledging the role of women in the economic development of the country. Earlier, the main issues that women had to face regarding their careers, were to get husband and family to accept their career ambitions and desire for financial independence. Such issues may still be at the core of the problems, but today’s woman is better equipped to cope with such issues and attitudes.

Women do face a tough challenge in developing countries, but now-a-days there is more assistance available for women. There are many opportunities for women to secure loans from public sector banks at concession rates. NGOs and Self-Help Groups, Micro-finance Institutions, PSBs, Government Finance Schemes, and Venture Capitalists are also there to provide support and information. But the problem is that in a country like India still many are unaware of these facts.

Nevertheless, attitudes have changed and women have begun to express their independence. At the same time, society in general is also acknowledging the role of women in the economic development of the country.

Coordinated By : Swati Sharma
Women in Management: Setting The Stage for Change
The Challenges INVOLVED in increasing Women Representation in Professional and Managerial jobs ARE many, BUT The Reasons and Motivations for doing so Are Worth The Effort.

The Glass Ceiling is alive and well Consider the following “facts”-

1. While women have made progress in both professional as well as managerial positions, their career progress has been slow and uneven.
2. There are now more women than men graduating from universities with undergraduate degrees, almost equal numbers of women and men graduating with advanced degrees in law and medicine, and at least one third of MBA graduates are women.
3. There will be a labor shortage in all developed countries over the next two decades as the population ages and the low birth rate in these countries fails to provide enough new workforce entrants. This will add to the current “war for talent”. Organisations will no longer be able to afford ignoring half the available population.
4. More women at work gives them more income and greater purchasing power. Women professionals and managers may better understand the needs of these newly empowered women consumers (Wittenberg-Cox & Maitland, 2008)
5. There is some evidence that companies with more women in top management positions are financially more successful
6. There is some evidence that women are less greedy than men, less likely to engage in theft, fraud and corruption, are less narcissistic and show less hubris, again protecting the organization from failure and a poor reputation.
7. Women continue to face discrimination in pay, promotion and types of assignments.
8. A few women have reached the top of their organizations and in elected offices. Consider the woman, now President of Brazil (Dilma Rousseff), the woman elected to be the first female speaker of the Indian parliament (Meira Kumar), the women now serving as CEO of Yahoo (Carol Bartz), Dupont (Ellen Kullman), Weyerhauser (Anne Giardini) and the woman who recently became the first female gondolier in Venice (Giorgia Boscoli). The fact that these “firsts” get our attention reflects the magnitude of the problem. There is still considerable work to be done to achieve “equal opportunity”


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