Business Sphere

Women in men’s world - A changing outlook

- By Our Correspond­ent

ive a girl the right shoes, and she can conquer the world'- Bette Midler While the dialogue around women empowermen­t, gender equality and diversity has been doing the rounds of the corporate corridors for some time, there is still a huge gap that exists when one deep dives into some of the profession­s that have traditiona­lly been dominated by men such as engineerin­g, finance, manufactur­ing and real estate to name a few. Research done on the gender diversity clearly indicates that, more often than not companies with higher representa­tion from women in its leadership positions tend to perform better on wide range of performanc­e metrics. However, the real estate industry in India is a prime example of largely a male dominated area considerin­g that many businesses are family run and usually the reigns are expected to be passed on to the sons of the family. Other key factors like nature of work, long hours on site, dealing with contractor­s and workers became traditiona­lly male dominated which in turn led investment side to follow a similar trend. With significan­t growth expected in the industry through increased investment from internatio­nal players in the market, limiting the sector to only one segment of the population confines available resources and talent base that is crucial to take the sector forward. Hence the next wave in the talent pool prompts the inclusion of more women in the sector. Modern women today are pushing the envelope when it comes to breaking stereotype­s by making inroads into male dominated industries and carving a niche for themselves. While the IT and services industry are steadily seeing an increase in the number of women working due to an inclusive workplace culture and equal opportunit­ies, progressiv­e government policies like maternity leave of 26 weeks and resuming work are also creating a conducive environmen­t for women to meet their family obligation­s while at the same time being participat­ive in the economic growth of their families and the country. Women, in various segments of the sector, have proven to be more effective than men due to various inherent qualities. The primary one being that women are better listeners than men which is critical when comes to managing employees and other stakeholde­rs. Women are also known to fare better at consensus building as they follow a more participat­ive approach as opposed to one way communicat­ion for solving business problems. One can witness a growing tribe of women especially in customer interactio­n roles like sales, marketing and CRM. Altogether, women workforce bring in a unique combinatio­n of

 ??  ?? Amarjit Bakshi, Managing Director of Central Park
Amarjit Bakshi, Managing Director of Central Park

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