The women are a victim of the stereotypical bias when it comes to professional trainings programs. This should be reduced by providing special professional training assistance to women so that they can compete with their male counterparts when it comes to promotion based on their professional experience and performance.
Offer career development support groups and networks:
Female employees as mentioned above have a clear disadvantage of the lack of informal network. They fall prey to the old-boy networking hence there should be proper networking for them which does not compromise their personal and social life and takes the cultural constraints into account. The companies should also offer the career development opportunities to the women so
Generally, the male dominated environment and the models that favor them are inhospitable for women hence they tend to leave their careers. This is the reason for the findings of study conducted at the Concordia University by Steven Applebaum which state that despite the better ability of women as the leaders; only 3% of top positions in the fortune 500 are occupied by the
The increasing role of women in the economic activity has and will, in the future, continue to increase the economic growth. Half of the potential human capital in the economy comprises of the women. To enhance the competitiveness of the human capital, the effective use of this pool of talent is essential. It is proved by several studies that those companies have a competitive advantage which have women on their top management levels over those which don’t. According to a research from McKinsey, more number of women on senior positions leads to better financial performance. Women these days are considered to be invaluable management resource in corporate world. There is strong practical evidence that investment in developing women executive renders dramatic results and leads to higher productivity and efficiency in the corporate world and global environment as a whole. However, it all depends on how the male managers perceive these facts and practical observations whether they are ready to compromise their saturation in the corporate elite to make way for the human capital that the women possess and take advantage of that which leads to economic