I spend many hours in the company of awesome professional women every week and I am always amazed by their spirit and frustrated by their stories, simultaneously. I have been saying we need to stop fixing the women and start fixing the organisations for many years and still I see little shift in most company’s diversity strategies. I listened with mixed emotions to a 25 year old, female publishing Exec in London last week as she told me she had to go into her boss and demand a raise because she knew all the men in her office, doing the same job as her were paid atleast £7k a year more. She talked of the embarrassment and humiliation of having to do this but recognised if she didn’t she would be failing ‘all women’. As a young feminist she talked about ‘taking one for the team.’
No doubt, most young women, well, the ones with any aspirations, will enter corporate life excited, with the belief that equality is absolute. But unless they join a structured graduate or intern programme their starting salary is likely to be less than their male colleagues and by middle management many of them will have disappeared, as the journey upward becomes less and less attractive. Fuelled by endemic sexism, testosterone driven values and the clear message that military tenacity is demanded to even consider integrating the role of mother and executive.
The choices simply become impossible to juggle and any attempt to live an authentic life is futile. At the heart of this phenomenon is the loss of female identity and the de-valueing of motherhood. Emily Davison staged her protest and many suffragettes endured horrific hardships to secure women the right to vote, to be heard, to have their say. At no point did any of them express the desire to behave, think or act like men! Equality was fought on the basis of difference, votes for women.
Since 2002 the number of women leaving the corporate sector has hit an all time high with many organisations losing up to 40% of their senior female talent and this trend is not set to change anytime soon. But are we tackling the real reasons for this exodus? Many of these women have since set up their own businesses or moved into freelance working so they are clearly more than competent and driven, are they not? Being an entrepreneur not only allows some flexibility on hours worked but more importantly it is attractive to smart women as they can steer their own ship, name it, define it and lead by their own values.
However, do not be fooled into believing that this is the easy option. Running your own business comes with a different set of challenges. Being your own boss is certainly NOT less hours, less stress or less brain power,but it does allow you to stay true to self, lead from your feminine side without having to justify this and fit your work hours around motherhood. Maybe these benefits give us some insight into why women may be walking away from corporate UK? Young women know the journey to the top is tough. They see few role models of women who have done it and done it with ease. They have working Mums, Aunts and Sisters who have gone before them and their stories are not always pretty! They know the decision to have a family will come up at some point and they know this may be a deal breaker for their career so many are asking ‘why bother?
The jury is out on the effectiveness of gender balanced boards but still we debate and debate and whilst we continue to debate this and women’s role in the workplace, the talent pipeline is drying up! We need to acknowledge that testosterone fuelled environments, unworkable hours (not the quantity, the set patterns of 14 hour days in the office, the lush hour, etc) and a blasé approach to risk are no longer valued nor prized in business today. We need to shift from ambition to inspiration; sales to service and competition to collaboration, all truths easier to achieve with women on boards.
At the moment as women hit the top levels of middle management they have 3 choices:
1. Go native ie. behave like a man, become one of the boys, don’t rock the boat.
2. Continue to climb and become a trail blazer. This demands focus, a thick skin and highly tuned influencing skills with the acceptance that you will need to switch identities several times a day. It is emotionally exhausting and tough to sustain long term.
3. Get out. Whist I continue to salute and champion the women out there making a difference, if we are going to fix the talent leak we need to stop fixing the women and start fixing the organisations.
Jane Kenyon is a regular contributor to the3rdimagazine.