NEWS AND INSIGHTS UPDATE:
Women hold 53% of entry-level jobs in Corporate America but just 14% of executive-committee level jobs. A study from McKinsey & Co reveals some possible reasons why the careers of most business women stall at middle management.
Sue Shellenbarger of The Wall Street Journal shares a variety of reasons that were identified in the study. For example, she reports that the odds are discouraging overall explaining:
“Although 83% of mid-level women have a strong desire to move up to a higher level in their companies, their chances of landing a senior executive job are 60% those of men. Vikram Malhotra, McKinsey’s chairman of the Americas, says, ‘Middle-management women get promoted on performance, while middle-management men get promoted on potential.’ That means that some women may have to work even harder than their male counterparts to get promoted.”
Read the Full Article: Why Women Rarely Leave Middle Management via blogs.wsj.com
Susan Gunelius
Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 30-year veteran of the marketing field and has authored a dozen books about marketing, branding, and social media, including the highly popular Ultimate Guide to Email Marketing, 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics. She holds an MBA in Management and Strategy and a Bachelor of Science degree in Marketing and is a Certified Professional Career Coach (CPCC).
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