August 8, 2010

Check out the Bain & Company Survey. It shows that gender-parity initiatives – all those things that corporations do to help women advance up the ladder – well those initiative don’t work.

The good news: women make up almost 50% of the U.S. workforce. In the European Union, women filled 75% of the 8 million new jobs created since 2000. And for the first time in a century, working women coped with economic adversity better than men coped.

But the bad news? Women disappear as they climb the ladder rungs. Women still do not rise to leadership levels like men do. Only 3% of Fortune 500 companies had male CEOs in 2009. In Europe, only 12% of boards in the FTSE 100 companies are women. And 25% of these companies still have all-male boards.

The initiatives to fix this brain drain are not working well enough. The researchers call it the great disappearing act. What a shame. What an embarrassment. What a loss for the businesses, the communities, and our world.

Filed under: Social Commentary

About Simone Joyaux

A consultant specializing in fund development, strategic planning, and board development, Simone P. Joyaux works with all types and sizes of nonprofits, speaks at conferences worldwide, and teaches in the graduate program for philanthropy at Saint Mary’s University, MN. Her books, Keep Your Donors and Strategic Fund Development, are standards in the field.

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