WOMEN EMPOWERMENT IN CORPORATE WORLD

Women Empowerment is a major social phenomenon which requires an understanding of its multi-dimensional influence on the society and counterparts of Society. Corporate Sector forms a major part as it involves social economic factors. In today’s corporate world Women are competing at par with their male peer and are also recognizing their talent and providing equal opportunities to them but Companies still are facing challenges of managing its women employees which has become a critical and significant issue in every organization. Women empowerment helps in reduction of poverty and achieving global targets in meeting Millennium Development Goals (MDGs). The corporate firms are playing a significant role in empowering women through different ways and means to get organizational benefit as well as countries benefit. The study describes the factors influencing women empowerment, which in turn helps to increase the women empowerment to determine the status and benefits of women empowerment in corporate sector. The study found that the empowerment of Women in the organization provides the benefits of self-reliance and financial independence. Women lacks political stability and this may be due to male dominance prevailing in the politics of corporate and so only, few could reach the management and leadership positions. Companies can concentrate on special training facilities to women as a part of corporate social responsibility for enhancing their skills and confidence levels. To ensure that their skills and experience are fully used in policymaking at all levels, capacity-building efforts should pay attention to the needs of women. Many women after attaining qualified professional degrees cannot work due to family pressure, loaded responsibility etc. True Women Empowerment is help seeking jobs to women who have not worked for years and are facing lot of hardships starting fresh.
Moreover, women must be economically and socially empowered through focussed efforts. Statistics showed the overall picture of gender inequality in India is stark and the way out is not to camouflage reality by resolving to tokenism and parading exceptions, but tackling problems head on. But mere Government intervention is not enough. Better results can be produced by determined women citizens empowering themselves and being encouraged to do so by enlightened segments of society and public opinion. Government of India's policy on women development has undergone various shift of emphasis since independence. The most significant changes occurred during the Fifth Five Year Plan with the shift from welfare to development. During the Eighth Plan, there was a renewed emphasis on development of women as equal partners in the development process. Today, with focus on inclusive growth, there is a heightened awareness about inclusiveness and empowerment. Women need to empower themselves from below, and this calls for a change of values and behaviour and the need for economic empowerment. All problems centre around inequality and therefore, steps to promote equality of treatment and full integration of women in the development of the country must be promoted.