Feamle career development : The importance of networking

Sammanfattning:   Past research reveals that fewer women than men possess top management positions and statistics imply that in Sweden only 24 percent of all board members are women (European Commission, 2008). Gender differences are even more obvious in the private sector and this is the reality facing today’s graduates, regardless of the fact that the number of female and males taking a business degree in Sweden is approximately the same (SCB, 2006). The purpose of this study is to examine if networking can influence women’s career development. Networking and social capital is argued to be a vital tool for career development (Yukl, 2006), and former studies present information that men and women take advantage of their networks rather differently (Burke, Rothstein and Bristor, 1995). However, as the researchers approached the subject, supplementary factors for advancing up the corporate ladder were identified. Theories regarding female leadership, female career progression and the glass ceiling are therefore taken into consideration as vital factors for career development. In order to carry out this study a qualitative approach was chosen, and five business women were interviewed, all considered proficient of the subject. The main conclusion derived from the interviews demonstrates that formal networks were less important than informal networks in order to overcome career obstacles and advance professionally. The networks that were considered most beneficial for the interviewees were the ones that evolved naturally and were reciprocal. Moreover, pure female networks were not considered as valuable as mixed networks since men more often possess access to important information than women. Having a mentor was considered vital at top positions since it provides support and further enhances information sharing. However, the results led to conclude that an additional key success factor for female career development was connected to leadership style; and having a transformational leadership style with transactional characteristics was concluded as most beneficial. Furthermore, the interviewees highlighted the importance of possessing the right personal traits and also to share the responsibilities for home and family life with one’s partner. This study is assumed to be interesting for women in their career with ambitions to reach the top of the corporate ladder. It is also assumed to be interesting for network organisations to use as a benchmark tool.