Europe needs more women in top positions

I found very interesting article that is a little bit related to the recent post – Firm lead by women are more profitable, but my post is more about doing European market more competitive with the United States and Asia, with women of course:-) 

The Economist has pointed out that “womanpower” is the driving force for the world economy and the companies with more women in senior management are more profitable than those with few women at the top.

While in the United States almost one out of five corporate officers are women, in Europe the female to male ratio on company boards is 1 to 20. Europe cannot afford to waste valuable human capital at a time when Asia is on the rise and Europe’s own population is aging. To cover the costs of aging and maintain its position as an economic power, Europe must increase overall labor participation considerably. If women in Europe will work more hours in better quality jobs, it will stimulate demand for service jobs like cleaning and childcare, thus reducing unemployment among low-skilled workers.

    A pro-women strategy would thus create new rate for Europe, allowing it to compete with the United States and Asia. Norway has enacted legislation that requires that both sexes be represented by at least 40 percent on all corporate boards and has set an excellent example – one that all of Europe should follow as the best way to transcend the culture of gender. Because people live longer and procreate less, raising and caring for children requires less of a parent’s life than it used to. That´s the reason why women should be able to aspire to top jobs and their success would encourage women in lower-ranking positions, because female managers serve as strong role models.

    But women, too, must adjust. Top jobs require more. Assuming the responsibilities that have long belonged to men requires women to let go of the tasks that have prevented them from advancing beyond low-ranking positions. This is the article

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2 thoughts on “Europe needs more women in top positions

  1. In Germany as one of the leaders in the economical sector even women earn in average 22% less than men after 1-5 years. Generally the collective agreement asseses womens acquirements less than those of men. Moreover they are more discriminated because of some family concerns. Consecuently because of their part-time jobs or low-skilled jobs they have a lower income .Women remain hanging frequently on the lower and middle levels of the operational hierarchy, the top positions in the economy are nearly woman-free.
    At least with equivalent activity, women in the same occupation earn up to 40 % less than their male colleagues.

    According to the family situation, a leading position is still connected inseparably with a full time activity for many enterprises, so that women must decide further between children and career. Almost in all industrial companies in the past decades the attitudes to the gainful employment of women changed themselves and to the care of children.
    In Germany the woman are still less employed evertheless, in Germany women gainfully employed in the international comparison and rare mothers – and even more both together. The differences between the women with and without children only in few states of East Europe – how Czechia and Hungary are greater. However, a equal acquisition participation of the women also depends on the social settings to the family and to the role of the woman.
    According to this problematic situation of less paid and lower positions available for woman allover Europe there has to be a change in the future even when the success of women at the top is obvious as the article above shows. Germany made hit his first progessive move with the first female chancellor Angela Merkel.

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  2. I partly do agree with this post but when talking about a quota of women in companies I could not. Until now men fightet for their ascent with performance (hard work and overtime). Why should women receive it now based on her sex?! The Indinidual is deserved, moreover the Collective. Furthermore does a quota for women mean that is a massive intervention done by the government into a companies rights. A company has the right to recruit that staff what they think which is most suitable for them.

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