Corporations

The largest companies in the U.S. – those with gross annual revenues of at least $20 billion – report a larger representation of women and other underrepresented groups on their boards of directors. Seventy percent have at least two women and 53 percent have two or more directors from underrepresented groups. Women managers, however, are increasingly opting out of high-end careers when companies fail to meet their professional needs and goals. Fewer than 15 percent of Fortune 500 officers and directors are women, and graduate business schools (unlike law and medical schools) have far fewer women than men applicants. NCRW is supporting efforts to make the corporate environment more welcoming and the career ladder more accessible to women and people of color.

Going beyond Women’s Ambition: Diversifying Corporate Leadership from All Angles

*By Áine Duggan*

In his recent  LinkedIn post, PricewaterhouseCooper’s (PwC) Bob Moritz, Chairman and Senior Partner, shares steps CEOs can take to tackle the challenge of diversifying corporate leadership and closing the gap.  Bob, one of our 2013 “Making a Difference for Women” Award recipients, highlights accountability, inclusivity, and awareness, all of which seem to be common sense. However, it is in implementation of these principles, or lack thereof, where some companies miss the mark and PwC leads.  Bob acknowledges that the solution goes beyond women’s ambition, requiring work by institutions and individuals, BOTH men and women.  We all need to work together, not just to discuss what needs to be done, but to take action.


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Women Matter

Since 2007, McKinsey’s Women Matter research has explored the role women play in the global workplace, their experiences and impact in senior-executive roles, and the performance benefits that companies gain from gender diversity. In this video, McKinsey partners Joanna Barsh, Sandrine Devillard, Emily Lawson, and Jin Wang recount the progress women have made in reaching the executive suite.
 
report | Women Matter 2012
Many companies are making serious efforts to improve the number of women in top jobs. Some detect progress. But others say change is frustratingly slow. This report looks at what companies can do to make a breakthrough.
URL: 
http://www.mckinsey.com/features/women_matter
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