And, it matters BIG TIME, especially if you’re a woman, or if you lead women, or if you want your organization to succeed.
According to recent research, companies employing women in large numbers outperform their competitors on every measure of profitability.
And, while men overestimate their abilities and performance, women underestimate both.
Yet, their performances do not differ in quality.
This recent research by Katty Kay and Claire Shipman, two journalists, set me back on my heels.
In an article titled “The Confidence Gap,” they write that women, specifically, lack confidence in important aspects of their professional lives.
So if you ARE a woman, or if you seek to LEAD women,
or if you are a living breathing professional in today’s world,
the article’s major points are worth keeping in mind.
Here is a small sample of the many points made in the research:
“Compared with men, women don’t consider themselves as ready for promotions, they predict they’ll do worse on tests, and they generally underestimate their abilities.”
“A review of personnel records found that women working at Hewlett Packard applied for a promotion only when they believed they met 100% of the qualifications listed for the job. Men were happy to apply when they thought they could meet 60% of the job requirements.”
“Lack of confidence informs a number of familiar female habits. Take the penchant many women have for assuming the blame when things go wrong while crediting circumstance – or other people – for their successes.”
If you subscribe to my Smart Boss e-newsletter, you’ll know that leaders count on me to distill what’s working now in Leadership and frame the most important data into ideas that can be put straight to work. I’ve distilled some of the most pertinent, actionable details from the Kay/Shipman research—19 points in all—in this LinkedIn publication, "Are You Confident?".