Mentoring As A Powerful Tool To Boosting Women Leadership At Workplaces. Know How?

Even though women make up 47 percent of the total workforce, they do not have equal access to various resources and opportunities that can help them take their careers to the next level. Even though studies have shown that both men and women ask for pay raises in companies, men are more likely to be given what they want. This is just one example of how women employees across organizations worldwide lack opportunities for advancement.

Did you know that women make up for less than 5 percent of the total CEO positions in Fortune 500 companies? It's true. Out of the 500 companies, just 22 of them have women as their CEOs. Considering that women make up almost half of the total workforce (and rising), it's not difficult to see a distinct gender gap.

Companies need to realize that having more women in leadership positions brings about a wide range of benefits. Not only are you likely to increase your returns, but innovation is also expected to grow, as have been shown in various studies. Besides, suppose you wish to stay ahead of your competitors. In that case, you need to ensure that your milk up every last bit of your talent pool, providing all employees, regardless of gender, equal opportunity to show their worth and contribute more to the growth and development of the company.

One of the most effective ways to boost women's leadership in any company is through mentoring programs. Mentoring women is a business-changing investment, one that can increase innovation and revenue. One of the most dominant reasons women are lagging when it comes to climbing the career ladder and advancing to leadership positions is that they do not have access to the expert advice and guidance that mentors can provide. Put, and women hardly have champions they can look up to for mentorship in the workplace.

Mentoring software – mentoring driven by innovation

Fortunately, there is an easy yet effective solution to this – mentorship programs using mentoring software. Today, workplace mentorship is an important aspect that plays a crucial role in developing a company, so 71 percent of Fortune 500 companies have invested in designing a mentoring program. What's even better is that mentoring is now easier than ever thanks to user-friendly online platforms which both the mentor and the mentee can access from anywhere.

By using mentoring software, you can pair mentees with their mentors based on interests and direction, ensuring that you get the perfect pairing at all times. Mentoring women using such platforms are an excellent way for women employees of any organization to make sure that they get expert guidance and mentorship from those they can look up to, those who will provide them with sound advice to grow both professionally and personally. When women employees have mentors in leadership positions they can look up to, they are inspired and motivated to reach such levels. Still, they are handed the resources, networks, and opportunities they need to get to those levels.

Time and again, research has shown that the more diverse any group is, the better the chances are of problem-solving and innovation. Additionally, it has been found that the intelligence level rises with the number of women in that group. This means that the more women you have, not just in your workforce, but in leadership positions where decision-making for the company is crucial, you are likely to make better, smarter decisions and solve problems more efficiently. In other words, training women for leadership positions by designing a mentoring program focused on their needs and goals bring about everything good for an organization.  

If this post resonated with you, check with your organization to see whether you are part of the MentorCloud network. If not, sign up for a demo here! Our latest initiative equips Women Entrepreneurs with mentors to enhance the career of women in various fields. Our overall vision is to create a mentoring planet where true equality is achieved, and hard work is rewarded, but it's only possible with your participation.