Saturday, July 10, 2004

Unacceptable Progress

Study shows qualifed women remain untapped for leadership roles.

Highlights from the article include:

... Although some companies are adding women to their top ranks, there are several big ones that have not, the survey showed. Aon Corp., CNA Financial Corp. and Household International Inc., to name a few, had no female executive officers during most of the six-year period the census measured. Two companies, Motorola Inc. and Illinois Tool Works Inc., did not have a female executive officer in the past six years.

... The Chicago Network's conclusion, based on its data, is that talented women are largely overlooked by management. This practice spurs more women to become entrepreneurs, switch to "family-friendly" employers, or seek jobs outside the traditional corporate setting.

... "We feel that the pipeline is leaking ... Women are going off to do other things where they feel they have more opportunity," says Erin McInerney, chairwoman of the Chicago Network Census Committee, which supervised the survey.

To read the full article, visit Crain's Chicago Business:

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