Women Pursuing The Corporate Cracker Jack Prize

06/24/2004

elosieMore women are going after the prize in the corporate America Cracker Jack box...the title of CEO...than ever before. Research by Catalyst indicates that 55% of top female executives and 57% of their male counter parts strive for the top spot. Not much of a difference.

However, when it comes to the balancing act of professional and business lives it was a slightly different story. 51% of the study's female respondents want more work-life balance vs. 43% of the men who were interviewed. [Would be interesting to know what percentage of the women and men on the fast-track were concerned about work-life issues.] Management consider more telecommuting, flex hours and job sharing opportunities if you want to attract and retain your women employees.

One more point - Women cited seeking out high-profile assignments and networking as their most successful strategies for advancement, though they did report struggling with gender-based stereotypes, lack of female role models and exclusion from informal networking opportunities. A study by Demos, Girlfriends in High Places, reported similar findings. Boston.com article

Though more and more women are shattering the glass ceiling, it can be a costly undertaking. An inspirational read - Freda Diamond, Estelle Ellis, Dorothy Shaver and Brownie Wise – four women who made it to the top during a time when most women never even thought of attending college.

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