Crucial Guidance Specifically for Women in the Year 2025
Crucial Guidance Specifically for Women in the Year 2025
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Alrighty then, as the year 2024 transitions into 2025, some hindrances attempt to hinder women's progress – like the reversal of reproductive rights, diversity policy rollbacks, and more. However, this period also marked significant victories for women in business and finance, which could propel them further.
The number of female executives in billion-dollar private corporations doubled this year, as per the Women's Business Collaborative. Furthermore, the proportion of female CEOs in the Russell 3000 (a listing of the 3,000 largest US corporations) increased from 6.8% in 2023 to 9% in 2024. Moreover, athletes such as Caitlin Clark broke records and amplified women's sports globally.
In addition, women are poised to inherit approximately $30 trillion by 2030, just 5 years ahead, according to McKinsey. This massive wealth transfer is dubbed "The Great Wealth Transfer" by the World Economic Forum.
The transitioning economy is prioritizing both profitability and ethics, giving rise to new careers and opportunities in sectors like clean energy, climate, sustainability, and artificial intelligence. For instance, a Department of Energy study found that clean energy jobs grew at twice the rate of overall job growth. Now is the perfect time for businesses to steer with purpose, even if they don't acknowledge it, as Daryl Brewster, CEO of Chief Executives for Corporate Purpose, mentioned recently.
Yet, women seemingly sabotage themselves. Here’s what’s happening.
Numerous women tend to underestimate their abilities, skills, competence, and talents in a job opportunity. They often point out their lack of qualifications, rather than highlighting their unique skills.
As a result, these women either shy away from seizing these job chances or present themselves in an interview in a manner that undermines their expertise and worth. It's easy to misunderstand this as humility, but it's essentially signaling that such a job opportunity should not be theirs. They end up eliminating themselves from the ones they truly deserve and excel in.
Being modest during job interviews or any conversation isn't necessarily a bad thing, but it's not the ideal approach, either. Instead, showcasing your expertise without being arrogant is vital.
Essential career advice, particularly for 2025
The most vital career advice for 2025 is to realign yourself with your knowledge, talents, and the value you can bring. Believe in your qualification for any opportunity that materializes. Though there will always be room for improvement, your distinct set of skills, resourcefulness, and problem-solving strategies cannot be acquired elsewhere.
Learning new information is easy, but qualities like initiative, enthusiasm, and creativity are unique to each individual. Building a network also comes with special talents and acquiring the knack to effectively leverage it for the betterment of the company.
"Women often have more competencies than their resumes reflect"
So, tidy up your posture, stand tall, lift your chin, claim the space you occupy, recognize and assert your expertise.
Celinda Lake, a renowned opinion research leader and President of Lake Research Partners, put it cleverly on Electric Ladies Podcast this year: “Women often have more competencies than their resumes translate into. In fact, employers and organizations are now more inclined to seek your skillset instead of your job titles. And that's great news for women since we possess numerous competencies acquired from various avenues.”
“Contribute everything you have,” she added. “People appreciate your involvement in public service and the lessons learned from unpaid roles, as well as those from paid jobs outside the home.”
Don't be disheartened if you’re turned down after putting yourself out there. By raising your hand, applying for new roles, or requesting bigger projects, you still get noticed, remain on their radar, and make an impression in their databases.
“Persistence, and remember, it's not personal,” Lake advises. “The competition is fierce, and it requires tenacity, but keep in mind that you have immense potential and believe in it.” That's how top athletes like Caitlin Clark thrive and rise to the top.
Recognize and capitalize on your strengths and talents. And vision your career differently in 2025.
- In the electric ladies podcast, Celinda Lake, a renowned opinion research leader, emphasized that often, women have more competencies than their resumes reflect, encouraging them to recognize and assert their expertise.
- Joan Michelson, a host on the McKinsey & Company podcast, discussed the importance of women capitalizing on the significant wealth transfer expected to occur by 2030, with women set to inherit approximately $30 trillion.
- According to Caitlin Clark, a prominent athlete, breaking records and amplifying women's sports globally has created numerous job opportunities in the sports industry, providing women with potential career paths and motivating others to pursue careers in sports.
- Caitlin Clark's success and the growth of clean energy jobs at twice the rate of overall job growth in the Department of Energy study have highlighted the need to prioritize innovative and ethical careers in sectors like renewable energy and technology, creating new job opportunities for women in the workforce.
- In light of the evolving job market, the Chief Executives for Corporate Purpose (CECP) and other organizations have promoted the importance of corporate purpose, emphasizing the need for businesses to prioritize both profitability and ethical values in order to attract and retain talent, particularly women in high-demand fields like clean energy and technology.