There is a yawning gender gap in Corporate America. Women make up 45% of the S&P 500’s workforce and they are CEOs at only 5% of those S&P 500 firms. Studies show that companies with disproportionately low numbers of women in leadership do not perform as well as those with a more balanced gender ratio. For years, boards have vowed to change that formula, yet still it remains.
To help spur changes, Korn Ferry partnered with the Rockefeller Foundation to interview 57 women CEOs. The ultimate goal: 100 women CEOs of Fortune 500 companies by 2025. Over the course of 2018, Korn Ferry talks about the insights gleaned from the interviews and other research in a six-part podcast series, "Women CEOs Speak."
Part 5, “Mentors & Sponsors,” highlights the roles, both big and small, that other people have played in promoting the careers of the nation's top female executives. Speaking on the podcast are Evelyn Orr, chief operating officer for the Korn Ferry Institute, and Peggy Hazard, a Korn Ferry associate client partner specializing in executive development, leadership, and coaching.
Listen to Part 5 here:
Listen to earlier installments of Women CEOs Speak:
Part 1: Research Foundations looks at common qualities shared by the women who became CEO.
Part 2: What Organizations Can Do reveals how companies and institutions can identify and nuture top female leadership candidates.
Part 4: Dealing with Sexism in the Workplace deals with how sexism shows up and what strategies to use to overcome it.