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.

Report of the Sixth Annual National Survey on Retention and Promotion of Women in Law Firms

The National Association of Women Lawyers (NAWL(R)) and The NAWL Foundation(R) released the results of their sixth annual Survey on Retention and Promotion of Women in Law Firms. The Survey is the only national study of the nation's 200 largest law firms which annually tracks the progress of women lawyers at all levels of private practice, including the most senior positions, and collects data on firms as a whole rather than from a subset of individual lawyers.
 
For the first time since the Survey began in 2006, there was a noted decline in the number of women entering big-firm practice.
 
"Women lawyers already leave big-firm practice at a greater pace than their male counterparts, and this narrowing of the pipeline at the entry level, however slight, only further decreases the pool of women available for promotion," said NAWL President Heather Giordanella, Counsel at Drinker Biddle & Reath LLP.
URL: 
http://nawl.timberlakepublishing.com/files/NAWL%202011%20Annual%20Survey%20Report%20FINAL%20Publication-ready%2011-9-11(2).pdf

Women on Boards: Review and Outlook

"Women on Boards: Review and Outlook" includes statistics on the status of women on Fortune 1000 boards by company, industry, functional background, board leadership positions and other categories. The data was researched by CTPartners and supplemented by interviews with 50 directors, CEOs, CHROs and governance experts. The report includes suggestions to help boards add more women, tips for women interested in serving on boards, and steps for women serving on boards to strengthen their roles.
 
Marie E. Kelly, co-author of the report and Partner in the CEO and Board Practice at CTPartners, commented, "Our research uncovered pockets of improvement in the participation of women on boards as well as areas of concern.
URL: 
http://www.ctnet.com/uploadedFiles/Women-On-Boards_2012.pdf

Women on Boards: if Not Quotas, Champions!

By Linda Basch, PhD*

On Wednesday, I attended the 2011 Breakfast of Champions for an overflow audience at the New York Stock Exchange organized by the Women’s Forum of New York. It was an inspiring panel of “Champions” – CEO’s with at least 20% women on their Boards of Directors sharing insights about the difference women and diversity make to their companies.

 

Here are some highlights of what I heard.


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Sponsoring Women to Success

While mentoring is essential for leadership development, it is insufficient for advancing to top levels. Recent research has pointed to a more influential and specific professional relationship: sponsorship. Lately, organizations and the media have given sponsorship widespread attention, but questions abound.

URL: 
http://www.catalyst.org/publication/485/sponsoring-women-to-success
Member Organization: 
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