Last night BBC 2 provided us with some gripping television which is a major feat considering the Paralympics are grabbing the viewing audience.
Hilary Devey, a British multimillionaire entrepreneur, presented a programme called “Women At The Top.” Designed to discover why there are so few senior women in UK corporates. And a severe lack of women at the top.
It was a great programme but it reminded me of the superficial presentations we all get a company induction day, that day when, after we start at a new company, all new recruits sit through hours of powerpoint presentations in a stuffy room having one manager after another show vision statements, organisation charts and strategy slides in an effort to educate us about the business. And we learn about the business but we are never told the real nitty gritty of how the organisation really works, and how you need to behave to fit in and be a success.
Women At The Top was a little like that. It did a great job in raising the issues and informing us of the reality of the inequity between the genders as the seniority of the positions changes. It gave brilliant examples of how women and men operate differently in groups and at the workplace. It showed how Proctor and Gamble examined the productivity of its project teams based on gender, and found that those with an equal balance performed 5% more effectively. And when your profit is close to $9 billion, a percentage point can make a massive difference to the dividend return.
So why do I think it could have gone deeper? I wanted them to go past childcare, flexible working and women not applying for bigger, more challenging roles because of the language used and examine the culture of the corporation. Research I conducted earlier this year of 300 women business owners about why they left corporate to set up their own business, showed that the main reason women left was due to the toxic culture.
They were tired of the politics, opaque decision making, poor leadership, and ultimately they felt that their values clashed with that of the organisation. So they start to think about leaving, an idea for a business emerges and then they leave.
They leave to create a working life that they control. They relish the freedom and flexibility that being their own boss gives them. They are on top.
Even though 68% of them are earning less than in their previous job, two thirds of them would not return to paid employment. Once they leave, they’ve gone for ever.
I would love Women At The Top to uncover more about the Toxic Culture and how women refuse to tolerate it. And why do women make the choice to leave, and men make the choice to stay. My hypothesis on this is that men will put up with anything to get that golden prize (pay rise, title, salary, bonus etc) but women won’t. Their apolitical values push them to think of leaving and then one day they say “I am worth more than this – I’m off”.
I would love to know your thoughts.
The summary of the research mentioned in the blog can be downloaded here.