Gender Equality: Tip-toeing to the Tipping Point
Valerie Keller, the Founder and CEO of Veritas, on being a female CEO:
From the Huffington Post:
Perhaps because I was a young CEO, I never paid much attention before to the 'glass ceiling' or other woes of women in the workplace... until a mid-career MBA at Oxford recently woke me up. A meager 10% of my classmates were women. As it turns out, that is pretty high. In 2011, women held 7.5% of executive officer top earner positions at Fortune 500 companies and a miniscule 3.6% of those firms have women as CEOs. According to a study by Pax World, Calvert and Walden Asset Management, a paltry 9.4% of directors on global corporate boards are women. We make up 46.7% of the US labor force, but in keeping with the global trend we hold fewer positions of responsibility and work part-time more frequently. And of course we're paid less than male peers: 17.2% less in the U.S., 18% less in the EU. According to Linda Basch, National Council for Research on Women (NCRW) President, the guy who sat next to me at Oxford is statistically likely to make $2M more than me over our lifetimes.
What is the problem? Nature or nurture? Are most of our sisters genetically hardwired to not seek out positions of power and influence -- and/or are there cultural and systemic blockages? What solutions are working to increase numbers of women leading in corporations and how can those be amplified and accelerated?
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What We Do
NCRW is a network of leading university and community based research, policy, and advocacy centers with a growing global reach dedicated to advancing rights and opportunities for women and girls. We also have a Corporate Circle comprised of senior diversity professionals from leading U.S. and global member companies and a Presidents Circle of college and university leaders who share our commitment. NCRW harnesses the collective power of its network to provide knowledge, analysis, and thought leadership on issues ranging from reducing women’s poverty to building a critical mass of women’s leadership across sectors.
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