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Jul 26
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Most ladies who have reached top management positions, more really have kids and consider their private life as significant as their career. So is “lack of flexibility” really a factor? Or could it be that women are smarter about handling private and work life? In a study of executive males and females conducted by Families and Work Institute, Catalyst, and Boston School Center for Work and Family it was found that one in 4 managers reduced their hopes to reach top management, 34% of girls vs 21% of men.
The most significant reason listed was the sacrifices you make in your private or family life. Company America must develop a method to permit staff more suppleness with balancing the work and private life equilibrium than during the past, or they could find they’ve lost their gifted executives. The startling truth is that those baby boomers at the top end of the range have just started to tip toward retirement. Firms will lose their management talent whether or not they like it or not, so there has to be motivations for talent to remain.
Almost 3 in 10 — 29% — plan to leave in five years or less but not retire, women much more than men, maybe because ladies managers are younger roughly than men.”.
So, will this trend mean that more companies will start to have to open their doors to ladies in top management? We think so. This is good news for ladies, but now the issue is : How does the companies keep them? It is sensible to start including girls in these consultations with top management, because they may lead the way in the development of the new flexible establishment. It’ll be interesting to see the ensuing new age establishment, after girls not only start to have more input, but also more power.