Call from Women on Board Turkey Association to the Business World: The company work with female manager wins over the Y and Z generations.
The Women on Board Turkey Association (WOB Turkey), which works to gets more women Board members in companies, associations and non-governmental organizations, celebrated its second anniversary. The panel titled "Dealing with the Uncertainty in 2019" organized by WOB Turkey within the scope of its second-year activities. An enjoyable panel was held under the moderation of Journalist Ebru Baki with the participation of Psychologist Prof Dr Acar Baltaş, Doctor of Medicine in Biochemistry, Wellness expert Dr Ayşegül Çoruhlu, Economist, HSBC Board Member Mehmet Sönmez, and Economist, Bilgi University Lecturer Murat Sağman as a panellist.
Studies have shown that if gender equality is achieved until 2015, a contribution of 12 trillion dollars to the world economy will emerge. It is estimated that the economic loss is up to 30% in countries where women are not in the economy. On the other hand, there is a significant difference between the employment ratio of men and women among higher education graduates. While 74.8% of men who graduate from higher education institutions participate in employment, this rate drops to 61% for women. The representation ratio of women in Turkey decreases to higher positions in the public and private sector. In Turkey, only 8% of employers are women and 9 out of 100 women entrepreneurs.
WOB Turkey, working to eliminate gender inequality and ensure that more women take part on boards, prepared 100 women leader for the Boards in two years. WOB Turkey has started its activities in 2012 and it changed its status in January 2017. WOB Turkey, which celebrated its second anniversary under the umbrella of the association this year, they will give third term graduates in June 2019.
A company work with a female manager wins over the Y and Z generations.
Mehmet Sönmez particularly drew attention to the intergenerational balance at the panel. "I'm not pessimistic about Turkey's economy. I think that the agility of institutions to improve the current picture is partly related to the fact that this group has a balanced generation. The homogeneous participation of different generations such as X, Y and those born before 1965 in execution and decision mechanisms will help us reach a solution more easily."
The WOB Turkey President Hande Yaşargil stated to the fact that there is a serious change of generations especially with the participation of Y and Z generations in the business world. "The new generation wants managers who establish strong relationships in business life, do not apply hierarchy, are flexible and include their colleagues in the decision process. The new generation is open-minded, research-loving, practical and result-oriented."
Call to the business world: Recruit at least two female members on Boards
Yaşargil continued as follows: "Global companies have realized this and select their top executives from among women. However, women who are still a minority on Boards cannot their voices sufficiently and their proposals are not accepted. For this reason, we tell the bosses that at least two female members should take part in the Boards of your companies. This will both broaden your perspective and you will have the opportunity to listen to women who make up half of your consumers first hand while making their decision."
Note to Editor:
- According to the report published by Crunchbase in April 2017, the ratio of women entrepreneurs in the start-up ecosystem around the world is approximately 17%.
- According to monitoring and supervise the start-up initiatives startups.watch data the ratio of women entrepreneurs in the venture ecosystem in Turkey 15%.
- According to the TÜİK November 2017 Basic Labour Force Indicators database, although the employment rate of men is 65.8%, this ratio remains at 29,3% for women among the total population over the age of 15.
- These show that there is a great deficiency both in our country and globally in terms of supporting women's initiatives and having an equal influence with men in business decision-making mechanisms.
