Women in Banking: Shared Challenges, Yet Different Paths to Leadership

Women in Banking: Shared Challenges, Yet Different Paths to Leadership

  • Case
  • Teaching Notes
Abstract

Women represent the majority of the workforce in the banking industry, yet are underrepresented in senior level positions. Having women represented in top leadership roles is advantageous, not only for the women themselves, but to the organization as well. Research shows women bring strengths to many leadership contexts, reflect the diversity of banks’ stakeholders, make more ethical business decisions, and even positively impact company performance in return on sales, return on invested capital, and return on equity in comparison to companies that do not have representation of women leaders. Although these benefits support women’s leadership, perceived gender-based barriers inhibit women from advancing in banking, including but not limited to: unsupportive women, interpersonal conflicts with men, gender discrimination, proving oneself, and workplace harassment. This case depicts ...

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