Username:
Password:
Forgot Password?

Advocacy, Networking and Risk Taking

Print this Article Print this Article
Email this Article

Australia has been identified as one of the worst OECD countries for its support of working women, with recent OECD survey results ranking Australia as seventeenth out of 20 countries . 
 
According to Group Executive of Culture and Reputation at IAG, Sam Mostyn, who recently spoke at the Institute of Chartered Accountant’s inaugural Tall Poppies Women’s Series, these figures are indicative of the gender disparity in Australia. 
 
“While many Australian businesses are working to develop strategies to attract and retain women, there is still a culturally assumed gender imbalance that is supported and perpetuated by society and the media, who regularly profile the business acumen of men rather than women,” Ms Mostyn said. 
 
While reflecting on the benefits of having a greater female presence in the higher echelons of organisations, including the benefits to the bottom line, Ms Mostyn offered valuable guidance to women wanting to hone their skills and advance their careers including: 
 

  • Overcome the barrier of self-advancement – women by their very nature are more self-effacing than men; it is important that women become more masculine in the sense of having a go;
  •  
  • Build confidence – learn from those who are good at self-promotion and be confident in putting yourself forward for opportunities to advance;
  •  
  • Be a risk taker – women should be less averse to taking risks in order to get ahead in their careers;
  •  
  • Become a networker – women wanting to advance their careers need to “network up”, forge informal social links with key industry players, clients and management; and
  •  
  • Advocate for a better reflection of women – through increasing the profile of women in areas such as the media, it will become more widely accepted that a female presence in management roles is beneficial for businesses.
 
 
Businesses also have a lot to learn and while Ms Mostyn suggested that IAG was not necessarily the benchmark example of gender balance, it is an organisation that recognises the advancement of women, with several women on the executive management team and a corporate acknowledgement for the need to advance women in the workplace. 
 
The methods utilised by IAG to attract, promote and retain women are based on straightforward, long-term thinking and include a regular women’s forum, mentoring program and flexible work arrangements. 
 
“In Australia, men outnumber women in managerial and administrative jobs by more than three to one , women need to become more involved in self-promoting and negotiating opportunities for career advancement in order to reach their career goals,” Ms Mostyn said. 
 
“Businesses can also not afford to ignore the impact women are having on the work force and the new and diverse skills they bring to the table. Providing careers and opportunities to advance will not happen by itself, organisations need to develop holistic approaches to their internal cultures to remain current on the basic fundamentals of good leadership and good management,” Ms Mostyn warned. 
 
For further information about other Institute events visit www.charteredaccountants.com.au  
 
Stephen Bevan – The Work Foundation Building Diversity & Productivity 
Equal opportunity for women in workplace agency www.eowa.gov.au