September 2022


3 Reasons Companies Struggle to Retain Women in Leadership

Gender should never determine one’s leadership abilities, especially that of a woman. The need for more female leaders has never been more important, and there are many studies and reports supporting this.

The Fortune 500 list in America showed that women CEOs make up only 6.4% of executive leadership. It’s been proven that companies boasting a higher representation of women on their boards outperform those without. Those studies have also proven that organizations with greater gender diversity are more profitable.

This is why we see more women taking a women’s leadership program and working to climb their way up to managerial and senior positions. However, there are still significant barriers to women’s advancement and we still find fewer women in leadership roles.

Take a look at these reasons why companies still struggle to retain women in managerial and executive leadership positions. 

  1. Women Receive No-Win Roles 

Women report being offered leadership “opportunities” in no-win roles. At times, the roles offered and challenges included came without appropriate resources. Moreover, some roles are structured in a way that would make failure likely. 

A study found that FTSE 10 Index companies are likely to appoint women to their boards after an extended period of poor stock market performance.

These roles create challenges for women, as high-profile failure in leadership roles can derail careers. This is considered an external and societal push factor serving as a barrier to women’s leadership. 

  1. Women Lack Confidence 

A study from the Center for Creative Leadership found that women are likely to report feeling unsure of themselves. This meant they either wondered if they were truly qualified for leadership positions, found difficulty seeing themselves as leaders, or struggled to overcome self-limiting thoughts and impostor syndrome or self-limiting thoughts.

This is not unproven. Studies have shown that leadership opportunities for males come with more resources!

Other times, women wondered if others genuinely wanted them to take on a leadership role, therefore wondering if they will receive support. They would also report challenges in regard to asking for money and overcoming perfectionism.

  1. Women Aren’t Offered Equal Opportunities

Women feel like they do not receive the same advancement and leadership opportunities as their male peers do. They feel they have to work harder to receive the similar opportunities men do, and often have to overcome assumptions about their actions and capabilities because of their gender.

In some cases, women may report that experienced female executives entered organizations at lower levels than their male counterparts, so they required more time to get to a similar level as their male peers. This is a clear example of a push factor that becomes an obstacle to women’s leadership.

Moreover, studies show that organizations expect women to be more qualified than men for similar roles and that women are hired based on experience over potential.

Wrapping It Up

For these reasons companies struggle to retain women’s leadership, you can create appropriate strategies to let women shine.

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Online Trading Academy Secures International Honors, Awarded 2022 Business Awards

What if we told you that there was a better way to learn the ins and outs of today’s financial markets? Ostensibly a risky situation, training in the financial markets can feel like it is beholden to whim and fantasy, though this is obviously not true.

In order to make trading more palatable for older traders and newcomers to the financial field alike, the team of innovators at the Online Trading Academy has been focusing on curating a proprietary platform where traders can learn the skills that they need to succeed.

Don’t take the Online Trading Academy’s word for it and instead look at what the International Business Awards had to say about their proprietary technology and teaching methods.

International Business Awards

If we live in the age of information, then it must also follow that we live in an era of innovation. With the COVID-19 pandemic forcing much of the world to shutter its doors and windows over the past two years, Online Trading Academy made it its priority to keep moving in the educational sphere by providing traders with the tools and training curriculum that they needed to find success.

The Online Trading Academy utilizes CliK, a proprietary trading, and analysis platform, alongside Stratos to shorten the fundamental learning curve that the industry invokes. CliK is programmed to keep students focused and to tell them when they deviate from the rules instilled by Stratos. The system works in tandem with educators to provide a learning experience that few other competitors can offer.

As a result of their innovative focus, the team at the International Business Awards was quick to confer both a Gold and Silver Stevie Award. The Stevie Awards were given to Online Trading Academy for the categories of Emerging Technology and Learning Capacity-Building Solutions.

Eyal Marmareli is the Chief Technology Officer at OTA and one of the loudest voices in support of the work being done at the company. Marmareli stated, “OTA loves to be blazing a new trail. We needed to quickly pivot to a solution that would provide more effective distance teaching capabilities.”

About the Awards

The International Business Awards have been given out for 19 straight years, invoking the Online Trading Academy for two years in a row. Focusing on OTA’s insistence on education and innovation, the International Business Awards would select OTA from a list of more than 3,700 applicants. Applicants ranged from 67 nations and territories throughout the world, covering both for-profit and non-profit systems.

Online Trading Academy believes that trading is a skill and a muscle that can be developed and mastered over time. From flying a plane to shooting a basketball, OTA believes that trading is a skill that anyone can develop with the right tools, practicing methods, and repetitions in place.

As the world begins to open back up in the wake of the COVID-19 pandemic, Online Trading Academy will continue to push for more and more innovation within its field and sector. At the time of this writing, Steve Albin states, “Time and time again, our student share how much easier it is to make decisions and follow the risk management rules that they set for themselves.”

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