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Behavioral Attributes Of Charismatic Leadership In Organizations - Research Paper Example

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The paper "Behavioral Attributes Of Charismatic Leadership In Organizations" compares the transformational leadership style of women business owners and those women in the top position of organizations with women executives who are not in the top leadership position of organizations…
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Download file to see previous pages Increasing the numbers of women in the workforce is important to organizations around the world. In particular, workforce diversity continues to be a focus for most large corporations. To determine current initiatives, a recent study found that globally, most large organizations (over $500m revenue) view diversity as a priority and implement initiatives to promote diversity in the workplace (Economist Intelligence Unit, 2009). Further, the majority of organizations target their “diversity and inclusion” effort at women. Nearly 80% of the organizations responding to the survey viewed women as one of the “most important groups to have in the organization’s talent pool” (Economist Intelligence Unit, 2009). Since women are viewed as the “most important” group for increased inclusion, how then do organizations attract and retain women while ensuring their effectiveness? Understanding how they lead successfully in different environments could contribute to increase effectiveness, success, and retention of women in organizations.
Absent the diversity initiatives, the number of women in the highest level of organizations is increasing. Women-owned businesses are continuing to grow at an unprecedented rate. According to the U. S. Census Bureau, “the number of women-owned businesses grew 20% between 1997 and 2000. For the past two decades, majority women-owned firms have continued to grow at two times the rate of all firms” (U. S. Department of Commerce, 2006). In addition, the contributions in sales of women-owned businesses have generated $1.9 trillion in sales and the number of individuals employed in women-owned businesses has passed 12.8 million (CFWBR, 2006). ...Download file to see next pagesRead More
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