Women Leaders Provide 6 Market Advantages

Businesswoman standing on outdoor bridgeBONUS CHECKLISTS: 4 benefits for organizations and 9 benefits for sponsors.

By Ida O. Abbott
Sponsoring Women: What Men Need to Know

Most male leaders today under­stand how important it is to keep high-performing women in the pipeline and help them achieve their potential within the organization.

These men are genuinely concerned about their firms’ inability to retain and advance the women they hire because having a substantial number of women leaders is a demonstrably significant benefit to the company, while a lack of gender diversity at the top of organizations can be very costly to the bottom line.

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MORE ON SPONSORING WOMEN FOR LEADERSHIP: Why CPA Firms Need More Women | Beyond Mentoring to Sponsorship | How to Keep Sex from Derailing a Sponsorship | ‘Soft Skills’ Advice Needed, Too | Use Others to Promote Your Protégée | 8 Ways Sponsors Can Highlight Opportunities | 3 Ways to Open a Sponsorship Conversation | What Sponsors Need from Protégées | 3 Ways to Derail Sponsorships | 4 Reasons Women Hold Themselves Back | 4 Ways Sponsors Can Help Women Seek Power | Bias About Women with Families Lingers | Judged on Performance, Not Potential? Must Be a Woman | Why Women Are Overlooked (And How to Fix It) | 3 Ways Men Are Favored in the Workplace | Women Need Promotions, Not Just Advice | Mentor or Sponsor? How to Distinguish Roles

In an increasingly competitive market for talent, retaining the best people and placing them in executive roles where they can have the greatest impact is a business imperative. Abundant research shows that companies with higher percentages of women leaders and senior-level managers tend to outperform their competitors.

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Ida O. Abbott



About the Author

Ida O. Abbott has long been recognized as a leader in the fields of mentoring, leadership development and professional development.

Abbott is the author of Sponsoring Women: What Men Need to Know

For many years, Ida has been at the forefront of efforts to promote women in the professions. She is co-founder of the Hastings Leadership Academy for Women at the University of California Hastings College of the Law, where she is also a Faculty Fellow.

She is on the Advisory Board of the New York Women’s Bar Association Foundation and operates the Roundtable for Women Leaders. Ida is a member of the Executive Committee for the National Legal Mentoring Consortium, Advisor to the Institute of Mentoring and Special Advisor to the International Bar Association Law Firm Mentoring Program.

She is a Fellow of the College of Law Practice Management. Before starting her consulting firm, Ida practiced law for 20 years. She specialized in complex litigation at Heller Ehrman White & McAuliffe, where she also ran the firm’s professional development and pro bono programs. Ida received her J.D. from Hastings College of the Law, M.A. from the University of Miami, and A.B. from Smith College. Ida is the author of several books and publications, including Women on Top: The Woman’s Guide to Leadership and Power in Law Firms and The Lawyer’s Guide to Mentoring.

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