Are Men from Mars and Women from Venus?.. I am not convinced. But…it appears that there are differences between professional, entrepreneurial women and men in how they run their business and in the results they achieve.
Many women possess strong communication skills, social intelligence and common sense. They are sharp judges of character, and good at making quick social connections. These traits generally go hand in hand with good listening skills. It increasingly seems that Board of Directors seek women, not because they are required by law to diversify, but because women bring something extra lacking in a men-only group. Is that “extra” good instincts, a higher emotional intelligence level, sensitivity, openness, willingness to cooperate and compromise?
Women can turn relationships from formal to friendly – by being empathetic, caring and creating an environment of cooperation, team work, heightened creativity, balanced decisions, deeper engagement, stronger motivation and a warmer, non-threatening atmosphere. Paradoxically, the digital economy requires these skills, and women may enjoy a slight edge over their male counterparts if they stay focused, consistent and relevant. If it is true that women are more risk (and conflict) averse, as some may suggest, that in itself could lower their stress level and competitive edge. Also, if women seek more work-life balance, they will be more prone to understanding their employees’ familial issues and offer flexible solutions. But, it seems that on average, men-owned firms are larger and more successful than women’s. Men-led firms tend to have more employees and generate more income. Is it because men feel the burden of supporting their families more so than women? Women may run a business because they like what they do, and they juggle work and home responsibilities, even if that limits their financial success. For the generation of women 40 (or so) and up, one reason could be the contradictory messages that they received growing up, about their roles as business leaders and mothers/wives. The new generation of women will see sky as their only limit. They will grow up with a sense that they belong in the entrepreneurial arena, and they will deservedly do as well, or better, than their male counterparts.
More to follow soon,