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.

The Female Vision: Women's Real Power at Work

At an NCRW expert panel on September 29, 2010 at American Express, authors Sally Helgesen and Julie Johnson provided compelling evidence for the view that companies with both women and men in strategic leadership positions have a competitive advantage over companies that do not. The particular strengths of women - their broad-spectrum vision, empathy
and interpersonal skills, and their value-based, collaborative style - are increasingly recognized, but still under-valued in assessing leadership potential.

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