If we are to look at the survey results of a study conducted by the Pew Research Center as to whom between men and women make better leaders, it was confronted with a paradox. Women prevailed over men with seven out of eight leadership habits that included honesty, intelligence, hard-work, decisiveness, ambition, compassion, outgoingness, and creativity. Men only came out better in the aspect of decisiveness.
Although these results were not at all surprising, the result of the main question can probably provide an answer as to why we have the kind of leaders we have today. In spite of lording it over the survey for leadership traits, women only managed to snag a mere 6% as compared to men who get 21%. If it’s any consolation, 69% see men and women as co-equals in leadership positions
So why the hesitancy on choosing a perceived better candidate for leadership? In spite of the great strides accomplished by women in career development and the political arena, female CEOs and female political leaders are still too few for comfort. If people are so sold out on the leadership abilities of women, why is it hard to translate this to an actual higher management position or office of authority?
The reasoning behind such a decision that appears to reserve the higher position in business and government for male occupancy is anchored on two main issues: that Americans are not ready to elect a women for high office and that there is a perception that women are held back by men in the area of politics. Other given reasons pointed to discrimination faced by women, family responsibilities held by women, and lack of required experiences. There are a few who see women as not being good enough leaders or tough enough for politics. Apparently stereotyping also works against women for being perceived as more emotional and more manipulative. True leadership is measured by real abilities and not by perceptions and preconceptions.
People who wish to open a business can do so through three (3) different forms – sole proprietorship, partnership, or corporations. Each holds its distinct advantage over the other as well as their corresponding disadvantages. The choice of what form to take would depend on the business goals set at the beginning. It is possible for a business to initially adapt one form and change to another in the course of operation to accommodate developments that come with time.
A sole proprietorship is the easiest form among the three because of lesser documentary requirements and the absence of the need to consult several people when making business decisions. The start-up cost is lower and no payroll will be required to be set up in businesses having no employees. It is however fit for smaller scale businesses since the owner represent the company fully and legally. This means that the owner is personally liable for all actions of the company, including debts that may be incurred during operation. The ability to raise capital is very limited in this form of business.
Partnerships are arrangements between two or more people or business entities where they agree to work together for their common interests. This includes contributing money and/or industry to a common fund having the intention of dividing the profits among the partners. A partnership has a separate juridical identity from individual partners where liability can be unlimited or limited. It is dissolved when a partner dies or leaves the partnership.
The most preferred form of large businesses is the corporation. It provides the most effective business organization required in having several shareholders owning the company. That said, it is still the most difficult to create, manage, and organize due to the standard requirements to start and operate one. However, corporations usually have the advantage of having accounting, consulting, and legal professionals do the work. Shareholders of corporations are only liable to the extent of their investment in relation to the debts and obligations of the corporation.