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A report which aims to investigate the reasons why women in banking are not motivated enough to apply for higher positions in management
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Management Communication
Level 5
Unit Tutor: Dominic Walters
Collective Bank
Report
Ioana Ruxandra Mindruta
Public relations and communication
Southampton Solent University
Abstract
This report aims to investigate different ways of motivating female employees to apply for
higher positions in management, inside the Collective Bank, which faces a tough time be-
cause of the low number of women working as senior managers. A variety of theories are
going to be explored, primary research is to be analysed and finally, the most appropriate
solutions for improvement and development are going to be suggested, regarding profes-
sional preparation, flexible working hours, mentoring, feedback, empowering employees,
goal setting or financial rewards.
2
Contents
Introduction.......................................................................................................................4
Terms of reference............................................................................................................5
Literature review................................................................................................................6
Methodology......................................................................................................................9
Results............................................................................................................................10
Discussions.....................................................................................................................13
Conclusions.....................................................................................................................16
Recommendations..........................................................................................................17
References......................................................................................................................18
Appendix.........................................................................................................................19
3
Introduction
The Collective Bank, a medium sized retail bank widely known for its services throughout
UK, differentiates itself from the other banks by the fact that it puts ethical trading practices
and investments at the core of its activities. Its Corporate Social Responsibility policy em-
phasised on equality of opportunity, fair and ethical trading and promotion diversity. How-
ever, in contradiction to all these values, it has emerged that the Collective Bank does not
have enough female employees in senior management.
The purpose of this report is to examine the problems that prevent women from putting
themselves forward for a higher position in management in the Collective Bank and to de-
vise an effective communication plan which will suggest various strategies to help increase
motivation among female employees. Issues regarding motivation will be widely explored
as, according to Vroom & Deci: “The problem of how to motivate employees has puzzled
and frustrated managers for generations. One reason the problem has seemed difficult, if
not mysterious, is that motivation ultimately comes from within the individual and therefore
cannot be observed directly” (1992, 198).
4
Terms of reference
This report aims:
•To review existing thinking regarding women working in banking
•To analyse the primary market research that will lead to an effective communication plan
•To explore the reasons why women do not apply for senior management positions in the
Collective Bank
•To critically examine the possible strategies that could encourage women to aim for higher
positions
5
Literature review
The management role
Manager-watching studies have revealed that, on average, managers “they spend over
60 per cent of their working time in scheduled and unscheduled meetings with others,
about 25 per cent doing desk-based work, some 7 per cent on the telephone and 3 per
cent walking the job” (Hargie, Dickson & Tourish, 2004:1). Furthermore, Vroom& Deci claim
that an ideal definition of a good manager should include characteristics such as ‘ providing
support for its subordinates and rewarding them according to their work performance,
keeping them informed, fostering a strong sense of team spirit and making them feel proud
to belong to that specific company’ (1992).
Above all these skills, managers at all levels engage in four main types of activity: planning
(‘decisions, setting objectives and targets, creating strategies and action plans’); organising
(‘co-ordination, allocation of tasks’); leading (‘motivation, allocating rewards and sanctions,
maintaining a good working environment’); evaluating ( ‘measuring work performance, set
targets, implement corrective action, devise new plans’)- Hargie, Dickson & Tourish, 2004
Motivation
Valas and Sletta pointed out that “the motivation of subordinates is probably the biggest
challenge for managers”(1999:20). Motivation can be extrinsic (meaning everything that
comes from the outside: rewards, promotion, bonuses) or intrinsic (inside the person, its
own feelings, expectations and attitudes towards work. Previous research has shown that
“intrinsic motivation is encouraged by managers who take an interest in employees and
who listen to their ideas and concerns”.(Hargie, Dickson& Tourish, 2004:20)
Judging critically, which could be the most effective tool for motivating employees? The
researchers writing about this issue have different perspectives and ideas, and come up
with different solutions. On one hand, Vroom & Deci believe in goal setting and sees it as
“a simple, straightforward, and highly effective technique for motivating employee perform-
ance”. (1992:205). On the other hand, Hargie, Dickson& Tourish (2004) discuss factors
‘which were considered to be most de-motivating, such as lack of communication from
managers, no interaction, lack of information coming from their employers and a general
lack of feedback’. Another view on this issue belongs to Smith, who emphasises on the
importance of feedback, and underlines all its positive out comings: ‘it allows employees
6
to acknowledge their strengths but also the areas they should work more on, it contributes
to people’s self-awareness, it tells them about their personal development and the progress
they are making towards achieving their personal aims’. (2000)
Apart from widely known academics, surveys contribute significantly to the general findings
regarding motivation. The UK@work report (2003) revealed that, in order to keep the staff
satisfied and ready to work, the following aspects of work should be in place: “safety and
security (continuity of employment); reward (suitably paid); affiliation (with pleasant col-
leagues); growth (personal development and developing organisations); work/life balance
(with time to lead a personal life)” (Weightman:2004:158)
Gender issues
All the factors that contributed to gender segregation, in Britain, originate from the nine-
teenth century and include: ‘some jobs were designated as “women’s work” and they were
paid less, in order to fulfil the need of some employers who wanted cheap labour; women’s
domestic responsibilities; men’s will to save the best jobs for themselves; the division of
jobs in two categories: suitable for men and appropriate for women; and workers’ prefer-
ences for working in groups with persons of the same sex (Bradley, 1989).
Specifically analysing, the higher percentage of men in better paid posts can be traced
back to ‘to the old two-tier system in banking, in which men used to study more and be
preoccupied of an academic lifestyle, while women acted as a “white-collar proletariat” fill-
ing subsidiary positions with no chances of promotion (Crompton and Jones, 1984).
Gherardi (1996) creates an indestructible barrier between male and women by claiming
that ‘women who work in a field which had always been categorised as manly, are no more
that outsiders entering an alien culture. Gherardi’s vision is further supported by Marshall
(1984), who uses a different phrase for stressing the same issue, describing women as
“travellers in a male world”.
‘Women have been regarded as less suitable managers because they lack “male” qualities’
(Marshall,1995). However, according to Powell “being a good manager is less about com-
petitiveness, aggression, and task orientation and more about good communication,
coaching and people skills, and being intuitive and flexible, all more typically or at least
stereotypically associated with women”. (1999:41)
7
Critically examining all the gender differences in career paths, the disparity between men
and women has most frequently been attributed to the glass ceiling, ‘which restricts women
from attaining the highest positions in corporations, compared with men with similar back-
grounds and education (Brett & Stroh, 1997). Explanations for the glass ceiling reference
‘career interruptions (women have more than men) or industry differences (men are more
likely than women to be promoted to executive positions in manufacturing companies)’
(Powell:1999:310)
In addition, Bartol (1978) suggested that filtering points at different career stages keep
women from progressing up organisational hierarchies. For example, women may be fil-
tered out of managerial careers at the pre-organisational-entry stage by socialisation for
traditional female roles, at the organisational-entry stage by selection discrimination, at
the first-assignment stage by unchallenging work assignments, and at the promotion of
levelling-off stage by promotion discrimination.
Motherhood
One of the most debated factors that might prevent women from putting themselves for-
ward for senior management positions is motherhood. According to Halford, Savage& Witz,
”the incompatibility of motherhood being combined with a ‘career’ orientation showed little
sign of being challenged. The only significant change is the fact that a number of mothers
now do come back to the bank in part-time capacities, and later as full timers, and are
keen to resume their employment, and no one has any desire to be promoted into a senior
post” (1997:204)
An interesting view on the issue is further explored by Mills (1989), who argues that: “Do-
mestic location and biological reproductive capacity are reference points that are constantly
drawn upon to restrict/throw doubts on women’s ability to be organisationally effective”
(1989:35). Due to the fact that women are the childbearing sex, they ‘are assumed to carry
potential problems with them, either because pregnancy may be a possibility or because
dependent children may make incompatible demands’ (1997:213)
All the different views on theory discussed in this literature review represent the foundation
on which all the ideas and suggestions will be implemented in order to achieve a highly
effective communication plan.
8
Methodology
In the preparation stage, there was established an overall view over the issue, general in-
formation gathered from discussions with peers, television, internet, followed by some per-
sonal reflections which helped building a personal view over the development of the report.
The second stage, primary market research, was conducted by producing questionnaires,
which were shared among the Barclays Bank’s employees (5 women aged between 27-
52).This facilitated a deeper understanding and lead to the third phase, the analysis which
consisted of an attempt to apply theory on facts regarding employee motivation and to
suggest some appropriate solutions for increasing the number of females to consider a
career in senior management.
9
Results
The questionnaire completed by 5 females working in the banking sector, aged 27-52 has
revealed that:
The management role
•The main factors that would prevent women-
from applying for senior management posi-
tions are: they do not feel prepared enough
from a professional point of view (40%) and
the fact that family is more important to them
and a higher position could diminish the time
they spend with the beloved ones.20% of the
them claimed that stressful work conditions is
also a barrier.
•Regarding the awareness of the careers
available in the banking sector and the higher
positions they could apply for in the near fu-
ture, the percentages were split in the follow-
ing way: 50% outlined that they have no
information in this field, 30% have a vague
idea, while only 20% were actually aware of
their possibilities of promotion.
•When asked if they see themselves having a
senior management role in the sector they are
working in, the majority of women (40%) were
undecided and they answered with “I do not
know”; in addition, there was an equal per-
centage between those who said “Yes” and
those who answered negatively (30%).
10
Motivation
•In terms of motivation strategies, free training
provided by the company seems to be the
most effective solution, as it was chosen by
40% of the participants. This is followed by:
better pay (20%), flexible working hours (20%)
and part-time working (20%).
Gender issues
•The last question was about their opinion re-
garding the existence of any
discriminations/differences between the way
men and women are treated/rewarded/pro-
moted. An overwhelming 60% did not have any
knowledge about this issue which proves that
they had never encountered such a situation,
30% firmly answered with “No”, while only 10%
believe that discrimination between sexes ac-
tually exists in the working environment.
Motherhood
•In order to observe their priority in life, all the
female employees were asked about what is
the most important thing for them: 50% empha-
sised that both family and career are equally
important, showing that they are looking for a
well-balanced lifestyle, 30% opted for family
and only 20% proved to be keenly focused on
career.
11
•Most of the female employees (60%) claimed
that they do not know whether motherhood is
compatible with a successful career in bank-
ing or not, as they have not got any children
yet. Furthermore, 20% answered with “Yes”,
while the same percentage was achieved by
the number of employees who said “No”.
12
Discussion
After analysing the results obtained through the questionnaires, a strategy plan is going to
be devised in order to help The Collective Bank motivate its female employees to put them-
selves forward for senior management positions. The initial tactic was to recruit more
women from a diverse range of backgrounds, having the necessary skills to apply for higher
positions in the company. Furthermore, this first step will be supported by several additional
suggestions, ideas and pieces of advice, which are going to help the Collective Bank
achieve its goal.
To begin with, as 40% of the interviewed women claimed that they do not feel prepared
enough from a professional point of view, the first suggestion would be that the Collective
Bank should provide free trainings inside the company, to make the female employees feel
more capable and confident in their own strengths.
As the same proportion of women (40%) feel that they do not want to leave their families
in order to spend more time working, the company is advised make all the necessary
arrangements so that all female employees will be able to work part time or have the
chance to work from home. Theory also confirms the validity of this initiative: ‘Virtual or-
ganisations (working from home) will provide greater flexibility for combining work and fam-
ily, and have a liberating effect for men as well as women, allowing more time for family’
(Dooley,1996).This change could have several benefits including: increased employee mo-
tivation and less women leaving their job after giving birth.
Considering the fact that 20% of the interviewed women claimed that a better pay would
motivate them, maybe the corporation should consider the benefits of several rewards and
bonuses being put forward. It is also very important to create a balance between the
amount of work an individual produces and what he/she gets back. People may get de-
motivated by receiving too much/ not enough in comparison to their efforts.
Furthermore, if a company wants to increase its number of employees applying for higher
positions, what should it do first? Well, there is a simple and effective rule: provide your fe-
male employees with all the information they need (what positions are available, what skills
are required, which are the benefits) and make them feel a part of the organisation. The-
oretically supporting this suggestion, Hargie, Dickson& Tourish (2004) claim that ‘lack of
communication from managers, no interaction, lack of information coming from their em-
ployers and a general lack of feedback’ are the main reasons why employees feel de-mo-
13
tivated’.
The primary research conducted in this report revealed the shocking fact that 50% of the
interviewed people had no idea about their possibilities of promotion. So, in this case, how
could they ever apply for senior management if the company was not communicating prop-
erly with them?
An efficient way to motivate employees is to treat them fairly and in the same way. 10% of
the female participants claimed they believe there are some differences between the way
male and female are rewarded or promoted. Even though this is a small percentage, it is
absolutely vital to always be aware of what your employees are thinking. This is why an-
other solution for improvement is providing feedback sessions which should be face to
face; start using feedback as a way of communicating both good and bad things, not only
areas of improvement.
To feel motivated, people need to know that they are on the right way. One of the biggest
advantages of these feedback sessions, would be the chance to actually listen to the em-
ployee, finding out her problems and difficulties and trying to solve them. Furthermore, by
listening to the employee you can also help grow her intrinsic motivation as Hargie, Dick-
son& Tourish (2004:20) suggest that “intrinsic motivation is encouraged by managers who
take an interest in employees and who listen to their ideas and concerns”.
In addition, 50% of the participants disclosed that family and career are both equally im-
portant for them. But what can be harder to achieve than keeping both your spouse/children
and your employer happy? As this can become tough and stressful, one key strategy for
the Collective Bank is to employ mentors, with experience in the psychology field, who
should always be there and help women overcome the obstacles and difficulties they face.
This initiative will be extremely beneficial, as women might see in a mentor a close friend
(who is not related to her job, it is not her boss or manager), so they could be completely
transparent and would benefit from receiving valuable pieces of advice. This idea is also
supported by Powell (1999), who says that: “Mentors significantly contribute to their pro-
tégés career success and satisfaction” (338).
As Vroom & Deci believe in goal setting and see it as “a simple, straightforward, and highly
effective technique for motivating employee performance” (1992:205), another appropriate
suggestion would be use it as a tactic for motivating women. Employers should give them
clear, challenging but achievable goals, to make them feel that their work is valued and it
actually counts for something.
14
Empowering people, “encouraging them to become more involved in the decisions and
activities that affect their jobs” (Smith:2000:1) is a good idea because, if applying it, women
could become more conscious of their working environment, they could develop a deeper
sense of belonging to the Collective Bank and therefore they would become more involved
in decision-making.
15
Conclusions
To conclude, this report aimed to identify the obstacles that women face when deciding on
whether to apply or not for a higher position in senior management, inside the Collective
Bank and to explore the possible solutions and strategies in order to determine female
employees to take action and actually and put themselves forward for those positions.
Different perspectives on theory regarding management & motivation, motherhood or gen-
der issues management, coming from experienced writers such as Powell, Mills, Bartol,
Vroom or Deci helped shaping an overall view over the strategy. Their views also con-
tributed to the actual suggestions of improvement, fact that adds value and proves that
the communication strategy has significant chances of being successful.
The actual measurement and evaluation process should be conducted 3 months after im-
plementing these changes. The main channel for evaluation is going to be the actual num-
ber of female employees applying for a higher position. If a significant increase will be
noticed, this will surely prove that the strategy plan was extremely adequate and led to a
successful outcome. In order to be able to adjust or change some of the measures taken,
The Collective Bank should permanently communicate with its female employees, asking
for feedback on how they have perceived all these changes.
16
Recommendations
The communication strategy plan, designed to motivate women to put themselves forward
for position in senior management inside the Collective Bank, consisted of the following
main suggestions and ideas:
•The Collective Bank should provide free management trainings
•All female employees should be entitled to maternity leave and career breaks and they
ought to have the chance to return at work at a level commensurate with their leaving
grade
•Make part-time arrangements
•Provide bonuses and financial rewards
•Arrange face-to-face feedback sessions
•Keep all the employees informed at all times
•Employ mentors
•Empower employees, give them the chance to make decisions
•Motivate them through goal setting
•Treat employees in the same way
17
References
Bradley, H., 1999, Gender & Power in the workplace, Basingstoke: Macmillan Press LTD
Hargie, O& Dickson, D.& Tourish, D., 2004, Communication Skills for Effective Manage-
ment, New York: Palgrave Macmillan
Halford, S. & Savage, M., Witz, A., 1997, Gender, Careers and Organisations, London:
Macmillan Press
Powell, G., 1999, Handbook of Gender & Work, London: Sage Publications
Smith, J., 2000, Empowering People, London: Kogan Page Limited
Vroom, V.& Deci, E., 1992, Management and Motivation, Selected Readings, London: The
Penguin Group
Weightman, J., 2004, Managing people, London: Chartered Institute of Personnel and De-
velopment
18
Appendix
19
Q u e s t i o n n a i r eQ u e s t i o n n a i r e
Age:
Years of experience in the banking sector:
1. What factor would determine you not to consider a career in senior management?
A. Too much work/ stressful work conditions
B. You are not prepared enough from a professional point of view
C. Family is more important
D. The environment you work in does not encourage you to do that
2. What would motivate you to apply for a better position inside the company you work for?
A. Better pay
B. Flexible working hours
C. Free training provided
D. Working part-time
E. Being helped in family issues management
3. Do you think that motherhood is compatible with a successful career in banking?
A. Yes
B. No
C. I don’t know
4. Are you aware of the careers available in the banking sector and the higher positions you
could apply for in the near future?
A. Yes
B. No
C. I have a vague idea
5. Do you see yourself having a senior management role in the sector you are working in?
A. Yes
B. No
C. I do not know
6. What is more important to you?
A. Family
B. Career
C. Both equally
7. Do you believe that in the sector you work in, banking, are there any discriminations/ dif-
ferences between the way men and women are treated/rewarded/promoted?
A. Yes
B. No
C. I do not know
20