If you have successfully climbed the corporate ladder, you have experience, knowledge and influence to share. Why not leverage your strengths and empower another woman’s career? It’s not as difficult as you may think, and there are important reasons to help.
Reason #1: You can make a difference
Even though women are entering the workforce in numbers just about equal to men, only a fraction reach the highest rungs of management. It is widely believed that one important reason is that not enough women are receiving the career development help they need.
Reason #2: You will benefit too
When you give your time and energy to help boost another woman’s career, the benefits go both ways. You’ll likely gain a sense of personal satisfaction, a broader business perspective and expand your visibility in the organization.
Reason #3: Helping women makes good business sense
Studies have shown a direct relationship between women in leadership and corporate profitability, because diverse leadership teams tend to deliver better outcomes.*
How can you help?
If a junior colleague asks for your advice and guidance, consider becoming her mentor. A mentoring relationship is generally a short-term, coaching relationship initiated by the mentee. If you’re willing to go the extra mile for someone worthy of your support by helping to advance her career, consider becoming her sponsor.
Look to Luma Wealth for community
Luma Wealth Advisors offers a wide array of social, educational and career building resources for senior executives. Have a question or looking to network with individuals in your field? We’re here to help.
*Is Gender Diversity Profitable? Evidence from a Global Survey, Marcus Noland, Tyler Moran, and Barbara Kotschwar, Peterson Institute for International Economics, February 2016