Sixty percent of the top U.S. companies now have at least two women on their executive committees. Eight companies (including IBM, Pepsico, Lockheed Martin and General Motors) have a woman CEO. But closer inspection shows there’s a long way to go.
20-First has just published its annual Gender Balance Scorecard (pdf) of the top 300 companies in the world across the US, Europe and Asia. They tried to broaden the focus from the current buzz around corporate boards to the more relevant metric of the gender balance of executive committees.
By focusing on the top management of a company – people who have worked their way to the top and have executive responsibility for its results – the report offers a clear picture of the attitudes and environments that companies have built – or haven’t – to gender balance their leadership teams.
Study shoes that leadership is the key variable in improving the balance of gender at the top.
See on blogs.hbr.org