Women Of The Corporate World

987 WordsJul 24, 20164 Pages
Women in The Corporate World Working Women A lack of women present in top leadership and technological positions has been a topic of discussion for many years. With more women than men graduating from college in the U.S., why is it that only 15.7% of board seats of Fortune 500 companies occupied by women (“Why is There…” 2014)? The gender issue that is of critical importance to American society is the lack of women in corporate and technological positions. The reasons why this is important is for diversity in the workplace, representation in the industry, and to break the glass ceiling. Why Women in C-Suit Positions Are Important Since the 1900s, the percentage of women in the workplace has grown substantially. From 21% in 1947 to 61% in 1990, there is no denying that women are here and ready to work (The First Measured Century). So why should businesses diversify their workplace? The issue isn’t just about women’s rights. It comes down to money as well. Companies in the top quartile for gender diversity are 15% more likely to have financial returns above their national industry medians (Biro, M.M., 2015). Companies with a high representation of women board members significantly outperform those with no female directors (Egan, M., 2015). Women bring different skills than men and are able to appeal to female consumers better. Marilyn W. Midyette, the CEO of Girl Scouts of Greater Atlanta, said that women have a more holistic and multi-dimensional perspective on
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