Extract from Why Men Win At Work by Gill Whitty-Collins
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yes it is an issue<br />
all-time record’ announced that 37, or 7%, have women ceos<br />
(and not one has a black female ceo). 2 It is also worth noting<br />
that these women leaders are concentrated at the bottom of<br />
the Fortune 500, where the companies are smaller. Europe is<br />
even further behind, where less than 3% of Europe’s s&p 500<br />
companies have a woman ceo. 3<br />
One defence I often hear is that most women don’t want<br />
to be a ceo because they have other priorities in life. While<br />
this may be true for some, don’t try to tell me that 90% plus<br />
of men want to be ceo but only less than 10% of women<br />
do. In fact, 45% of women – versus 54% of men – say they<br />
would like to become a ceo. 4 Furthermore, at the beginning<br />
of their career, 43% of women – versus 34% of men – aspire<br />
to reach top management. (Although, after two or more years<br />
of experience, this is down to 16% for women, while for men<br />
the number remains the same.) 5<br />
We will discuss why this happens later, but nothing here<br />
indicates that only 7% of women want to get to ceo level,<br />
even once they have started to see the barriers they will face.<br />
And this is not just an issue of men versus women at ceo<br />
level. The Hampton-Alexander Review recently celebrated<br />
the ftse 100 having 32.4% women in board positions (still<br />
a long way <strong>from</strong> 50%) with only 23.1% women in executive<br />
committee positions; and this is not on track to improve<br />
given that 68% of the new appointments are going to men. 6<br />
Another stat to note, 66% of the hr executive positions are<br />
held <strong>by</strong> women but only 15% of the Finance Director (fd)<br />
positions. Only 25 of the ftse 350 boards have appointed<br />
a woman as Chair. Two of the ftse 100 boards and six of<br />
the executive committees are all-male, as are 38 of the ftse<br />
250 executive committees. Six ftse 100 companies have no<br />
female directors. 7 Only 19% of us board positions are held<br />
<strong>by</strong> women 8 (somehow it seems more shocking to say that<br />
men hold 81% of board positions).<br />
A 2018 McKinsey report found that 65% of all female<br />
executives are in non-management roles 9 and Grant Thornton’s<br />
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