Twenty years ago when I was a young consultant, when discussions would turn towards glass ceilings and the lack of women in leadership positions, the conventional response at the time pointed to factors of pipelines and funnels. For instance, if we had recently reached the tipping point of more than 50% of college graduates being women, it would take about 20 years for them to work their way up the corporate ladder and certainly, in 20 years, we’ll see equal numbers of women in leadership positions as men. Fast forward to now. 2012. Seriously…women comprise LESS than 20% of the Fortune 500 CEO spots. That’s insane. Check out this statistical overview of women in the workplace chart from Catalyst, a research firm that studies women in business.
Women at the Top
- Women’s representation in Fortune 500 leadership positions has stagnated in recent years.
Women’s Share of Fortune 500 Leadership
In an article on the Harvard Business Review Blog called Corporate Leadership Is Still All About the Boys, Aviva Wittenberg-Cox points out that “Most male managers I work with have no idea how male normed today’s corporate cultures, management mindsets, and policy processes still are. Many haven’t given it a moment’s thought. As anyone who has worked internationally and cross-culturally knows, you have no idea how much you are a product of the country you come from until you leave it. And most senior male executives have never (yet) left their male-dominated environments and companies.”
Catalyst goes on to share these facts about women in the US Labor force, so you can see that the percentage of women represented in leadership is not aligned with the percentages of women in the workforce. So what does this mean? Exactly how far have we come in the last 20 years?
The U.S. Labor Force
- In 2010:
- Women made up 46.7% of the labor force.
- 58.6% of all women 16 years and over were in the labor force, compared to 71.2% of all men.
- Women comprised 51.5% of management, professional and related positions.
- In 2010:
- 56.5% of all mothers with children under the age of 1 were in the labor force
- The labor force participation rate of parents with children under the age of 18 was 70.8% for mothers and 93.7% for fathers.
Women in Law
- In the U.S., for the 2009-2010 academic year, women made up 47.2% of law school students.
- In 2010, women were 31.5% of all lawyers.
- In 2011, women were 45.4% of all associates, and 19.5% of all partners
Women and MBAs
- Women in the U.S. earned 36.8% of MBAs in 2010-2011.
- Women in Canada earned 34.5% of MBA in 2010-2011.
And don’t get me started on the issues of pay equity!
I can’t help but recall a conversation I had about ten years ago with the Queen of Feminism herself, Gloria Steinem. I was asking her to comment on how far women have come since she started advocating for women, and she said something to me that I will never forget. In my naivete, I suggested that things in the workplace (at least in my limited experience at that time) seemed pretty egalitarian. “We do not have equality, ” she said. “When an incompetent, asshole of a woman gets promoted to the top spot in any company, THEN we can say we’re equal. Today the women in leadership still have to work twice as hard and be twice as excellent to get half the recognition of their male counterparts.”
There you have it. Comments?