Vlaad & Company Harvard Case Solution & Analysis

Vlaad & Company Case Solution  

Significantly, the gender differences at the workplace (diverse team) would most probably lead the company towards better problem solving &an efficient decision making,which in turn would last positive impact over the organizational success and growth.Moreover, the gender differences at the workplace tend to lead towards better decision making, and it is more adaptable to a wider range of different situations as well as appeals to a wider range of clients. Indeed, it is pertinent to note that women invest different as compared to men, and women have a different attitude towards risks. Improved representation of the females would result in rounder view of the customers, which is critical in the financial service,because of the fact that majority of women control their household finance and are responsible for household savings and investing.(Trager, 2019).

The decision to recruit more women in the capital market jobs would increase the communication risk of getting lost. There is also a chance that the company would fail to find enough women to be employed in it. When the company will start looking for workers, it would not just want to know whether the workers that the company is recruiting are good workers, but would also be concerned about knowing if the hired women are qualified to be a part of the company.Furthermore, in the financial services, the women could have lack of interest due to the rising concerns related to balancing work & family commitments,politics and the perceived pressure about jobs,due to which the career path of women are less appealing.(Alexis Krivkovich, 2018).

Specific actions Vlaad & Co. take as part of its women in capital markets initiative

Building the pipeline of talent

The initiative to recruit more women on the jobs of the capital markets, needs effective solutions to propel equality through initiatives and strategies that grow the pipeline of women, encourage a shift towards management styles and more inclusive workplace culture, and build the knowledge of diversity in the industry. The company should offer exceptional networking and professional development opportunities to women at all phases of their career. It should support the advancement of women into roles of senior leadership and should provide solutions for an increased retention of the top female talent in the market.

Additionally, the company should introduce the mentorship program through which it would be able to exemplify the power of the human relationships. Furthermore, the mentor would be responsible to support the growth and development of the professional aspirations and goals of women.

Critical research

The company should conduct researches in order to provide valuable insights and data to the industry, in order to reflect the progress made in the equality of gender and to highlight the key improvement areas. With the use of the results of the research being conducted; the company would be able to offer strategies to the organizations for the development and advancement of their diversity and inclusion policies and it would also be able to offer valuable information on how to build a more diverse corporate culture. The company is also advised to build the awareness of the current state of gender differences as well as to provide education through the latest leading research, which tends to drive gender diversity.

Advocacy

The company is recommended to support its partners in bringing a change and ensuring that the gender diversity should be the key priority of the organization, as it leads towards more strong financial returns and creates more innovative and better-performing companies. Additionally, the company should stress over the significance of the gender diversity by highlighting the major benefits of hiring women in the capital markets as more diverse perspective could enhance the decision making and innovation capabilities for the new services and products, and many would investors prefer to engage with firms with strong records of supporting women.

Furthermore, the company should inspire and equip leaders with information and valuable insights to drive change internally, provide the managers with training and educational tools to strengthen the style of management and to work with the stakeholders as well as the government in order to implement the supportive policies.

Strategy to hire diverse talent

The company should hire a diverse talent by conducting a deliberate outreach to diverse individuals and networks across the industries for identifying the talent,expanding the point of entry with paid rotational programs, contractors and internships, standardizing the criteria of evaluation of candidates and using specific measures across the system of candidate screening, integrating machine learning, social media & increased analytics capabilities, identifying the skills or traits of individuals that cause candidates to fail and suggesting ways to address them.

Candidates are likely to be successful at attaining the capital markets jobs they want

Traits of successful women in capital market

There are several characteristics of women that are sufficient to help them earn the success in attaining the capital market jobs. Women who are successful in this field, should have a positive attitude towards their job. They need to be able to look at the bright side of things and always look for the ways to make their job easier and profitable. They should have an ability to demonstrate the emotional intelligence, and they should be willing to learn new things and to work with new people in a diverse environment. They should never lose the sight of their job’s bigger picture and should work towards the achievement of the purpose. They should always be ready to take risks and to try new things.

Women need to have strong discipline and the ability to keep an undivert focus on their goals. They must be able to follow their plans and make sure that everything is in place. They should be able to get along with the team and stay motivated and focused.Women who succeed in the capital market jobs should have good communication skills. They should be able to talk to clients in a good manner so that they would be able to convince them on the benefits that they can get from the company’s services.Women who are successful in this field also should have high knowledge and experience in terms of business. Their knowledge about the industry can help them earn a good amount of money in a short period of time. Women can take advantage of these resources and use them to their advantage. They should also be able to balance the work and family commitments and to work passionately and actively for achieving the common goals of the company.

Traits of unsuccessful women in capital market

In contradiction to the qualities required by women for attaining the capital market jobs they want; there are some don’ts which are required to be discussed as they could cause the women to fail in the fulfillment of their job commitments. The women should not underestimate the significance of emotional intelligence and instincts, they should have risk-taking behaviour and should never stop learning. Additionally, if the women refuse to delegate and they hesitate to make decisions and opinions and are not mission-driven, purposeful, meaningful and passionate; they won’t get success in attaining the desired capital markets jobs. The women should not be reluctant in adopting the new ideas and should not hesitate from proving their self-worth and value by exceeding their performance expectations.......................

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