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The Corporate Glass Ceiling is Still Firmly in Place
The glass ceiling remains. Among Fortune 500 companies, women occupy 15% of board seats and are 3% of CEOs. In Canada, women make up 14% of board seats and 4% of CEOs at Financial Post 500 businesses. There are only four female CEOs leading the 100 most highly capitalized blue chip companies listed on the London Stock Exchange, while 10% of board seats in Europe are held by women — a percentage largely buoyed by Norway's strict boardroom diversity laws.
Companies must take care to level the playing field from the start. The student body at Harvard Business School is 36% female, France's INSEAD, an international business school, is 29% and London Business School is 27%. When these talented women graduate this year, they should look for companies with a robust pipeline of women in middle management and at the top.