Abstract:
Women constitute almost half of the world's population yet their representation in business
does not correspond to this. They are faced with several challenges in both their social and
professional spheres of influence which hinder them at times from succeeding in business.
The research study sets out to investigate the role of mentorship and networking on the
success of women business leaders and how these challenges can be mitigated. The
ensuing benefits therefore make it necessary to investigate how the economy is impacted by
the demise of women in business.
Qualitative research with an exploratory design was conducted, as a means to investigate
this predicament. 13 in-depth interviews with successful well renowned business leaders
across different industry sectors were held to unravel the challenges and pitfalls surrounding
this issue. The invaluable data that was unearthed was analysed using thematic content and
frequency analysis.
The empirical findings of this research found that women face a multitude of challenges
when it comes to upward mobility in corporate organisations or in leading their own
businesses. However mentoring and networking are some of the ways that are most
effective in ensuring active and effective participation of women in business. The benefits of
these are numerous and beneficial to individuals, organisations, society and the national
economy at large.
