Why we need the old boys network for women in business. | Bharti Lim | TEDxSt Albans

TL;DR

Enhance visibility for career growth through strategic networking and mentorship.

Transcript

[Applause] 47% of the global network of working is women but only 27% of women are in management leadership roles 27% I just want you to take a moment to think about that on that ladder to management lies a broken rung for every 100 men promoted from entry level to management roles only 87 women are promoted and that number is even lower for women ... Read More

Key Insights

• 🤦‍♀️ Women face a "broken rung" on the ladder to management, impacting their career advancement opportunities.
• ❓ Performance alone is insufficient for promotions; visibility through image and exposure is critical.
• ❓ Strategic networking involving mentors, coaches, cheerleaders, sponsors, and advocates can enhance visibility and career growth.
• 🥺 Overcoming societal norms through increased visibility and networking can lead to improved career opportunities.
• 🏛️ Building a diverse and inclusive network of supporters is essential for career advancement.
• ▶️ Paying it forward by supporting and championing others in their careers can create a positive domino effect in the workplace.
• 🥶 Creating a modern-day version of the old boys' network can provide exposure and opportunities for career advancement for all individuals.

Questions & Answers

Q: Why are only 27% of women in management roles despite being 47% of the workforce?

This disparity exists due to the lack of visibility and exposure that women face in the workplace, hindering their career progression.

Q: What role does strategic networking play in building visibility for career advancement?

Strategic networking involves finding mentors, coaches, cheerleaders, sponsors, and advocates to support and promote your career growth, leading to increased visibility within your organization and industry.

Q: How can individuals overcome the ingrained societal norms that hinder visibility in the workplace?

By stepping outside of one's comfort zone, actively seeking visibility opportunities, and building a network of supporters, individuals can challenge societal norms and enhance their visibility for career advancement.

Q: What are the key factors influencing promotions beyond performance in the workplace?

According to the PI theory of success, performance accounts for only 10% of promotions, while image and exposure make up the remaining 90%, highlighting the importance of visibility for career progression.

Summary & Key Takeaways

• Only 27% of women hold management roles despite being 47% of the workforce.

• Visibility is crucial for career progression, with image and exposure playing dominant roles.

• Strategic networking involving mentors, coaches, cheerleaders, sponsors, and advocates is key to advancing in one's career.