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While certain events have highlighted how far women have come in the workplace—with studies showing women bridging the gaps in pay equality and access to leadership positions—today's workplace is still rife with challenges for women.
In addition to questions of equality, studies have shown that companies with women in senior positions do better financially than those with exclusively male leadership, because women bring talents and insights men often lack. In addition, companies with women in high-visibility leadership roles appeal to market segments many companies want more deeply to penetrate.
HR's role in all this is, first, to educate current management to the benefits of having more women in senior positions and, second, to ensure that qualified women are available for promotion, which requires effective recruitment and retention strategies to get women into the leadership pipeline and keep them there.
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