<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=290086984736480&amp;ev=PageView&amp;noscript=1">
Search
word-map-thumb

The Alternative Board Blog

Why More Female Business Owners Are Joining Boards

Jan. 10, 2019 | Posted by Phil Spensieri, TAB York Region
Phil Blog-1

It’s encouraging to see more women business owners joining boards. I’ve found that most women in management, specifically on boards, offer a different style of leadership and a fresh perspective, taking companies to a whole new level of decision-making. It’s wonderful to see so many women interested in assuming strong leadership roles on boards, and I’m excited to report that the numbers are growing.

The number of women who own businesses and operate at senior levels has increased by 114% over the past 20 years. This increase shows that there are more women who are willing to take on prominent leadership roles, which has ultimately contributed to the rise of their participation on boards. With stronger board diversity, more female leaders offer a welcome change of pace.

So, what exactly is attracting more women to the boardroom?

The following factors have contributed to the continuing rise of women on boards:

Fulfillment of diversity quotas

Yes, the fulfillment of a diversity quota may seem a bit trite, but it’s an important point to touch on. As the business world evolves, there’s a greater emphasis on the filling of diversity quotas. These quotas are in place to ensure that equal opportunity is given, regardless of gender or cultural background. Because of this, more women are stepping up to the challenge and putting themselves on the boardroom frontline.

Although there are many other reasons why women are taking on stronger leadership roles, this factor has opened the floor for further discussion towards a better gender balance in the boardroom.

Want additional insight? Download Easy Ways to Improve Your Company Culture

DOWNLOAD
A different perspective

I’ve seen many women on our TAB Boards communicate their ideas and initiatives in a way that makes for a stronger, more connected dialogue amongst board members. In terms of leadership, I’ve found our female board members are not afraid of passion and drive. Their enthusiasm helps other board members to see business not just as a means to an end, but as a journey towards something infinitely more rewarding.

Ability to relate to a wider audience

A strong board needs to be one that reflects the community at large, in which people can feel free to provide input, as well as receive it. Often, women will stay in management roles longer due to family commitments, allowing them to gain a better understanding and offer input from a broader perspective.  Female board members’ experiences in achieving a work/life balance will often help them better understand the plight of employees, and in turn, offer that perspective to the board.

The presence of more women in leadership roles is an essential step towards equality and balance in the workforce. In a board setting, as well as in other management roles, women comprise a valuable demographic that offers unique perspectives and opportunities for expansion.

I’m looking forward to increasing the diversity on our TAB boards in 2019 by inviting more female entrepreneurs to our boards. Contact me if you’re interested in joining my TAB Board.

Read our 19 Reasons You Need a Business Owner Advisory Board

DOWNLOAD

Written by Phil Spensieri, TAB York Region

Phil Spensieri is a TAB Facilitator in the York Region of Ontario, Canada.

Related posts

How to Plan a "Pivot Strategy" to Grow Your Business
Mar. 12, 2019 | Posted by The Alternative Board Worldwide
“Failure” is a word no CEO or business owner is comfortable with. But inevitably, failure occurs all the time (in lesser or major ways) in the business world. Small companies can’t get a foothold in...
How to Plan for Your Company’s Expansion
Mar. 5, 2019 | Posted by The Alternative Board Worldwide
Successful business growth doesn’t happen accidentally. While there are times when rapid expansion occurs due to unforeseen factors such as large-scale market changes or shifts in demographics, for...
A Guide to Reducing Workplace Stress and Improving Productivity
Feb. 26, 2019 | Posted by The Alternative Board Worldwide
Everyone experiences stress at some point, but when it occurs in the workplace, the effects can become dangerously widespread. Job performance is diminished, productivity lessened, and if left...
Developing The Art Of Time Management
Feb. 19, 2019 | Posted by Phil Spensieri, TAB York Region
Although many of you are fantastic managers of your employees and operations, the issue of good time management is almost always a part of every discussion I have with business owners. Good time...
What Habits Can Cripple a Leader’s Productivity
Feb. 19, 2019 | Posted by The Alternative Board Worldwide
With all the attention given to boosting employee productivity, it’s sometimes easy to lose sight of the same urgency for business owners or CEOs and their executive teams. Ask yourself: are you’re...
Keep Your Team Productive and Motivated in Our Uncertain Times
Feb. 14, 2019 | Posted by The Alternative Board Worldwide
There’s a great deal of uncertainty in the world today, some of which directly (or indirectly) affects the businesses you lead. Political, financial, cultural and religious upheavals generate what...
5 Tips on Reducing Workplace Distractions
Feb. 12, 2019 | Posted by The Alternative Board Worldwide
These days, employees are faced with an unprecedented onslaught of workplace distractions, chief among them all the apps and digital sideshows that now pervade everyone’s consciousness. With all of...
Why Branding Is Important to Your Marketing Efforts
Feb. 7, 2019 | Posted by The Alternative Board Worldwide
Everyone used to know what “branding” meant—a logo, name, catchphrase, or some mixture of these and other graphic design elements to promote a business. In the twenty-first century, the concept of...
Leadership Part II: Why be a Boss when you can be a Leader?
Feb. 6, 2019 | Posted by Phil Spensieri, TAB York Region
In my past 30 years of business I have met thousands of business owners and while all of them have been the ‘boss’, not all of them have been leaders. How to be a better leader is a topic that comes...
5 Tips on Improving Your Company’s Sales Process
Feb. 5, 2019 | Posted by The Alternative Board Worldwide
For just about every business, one principle is tantamount: every sale counts. A company’s sales process should be streamlined, well-structured, transparent and efficient. When one or more of those...