Why Are Women Leaving Corporations?
Note from the Editor: Why are women leaving the workplace before they reach upper management? It’s this question that we at Switch and Shift and our invited guests will answer in our latest blog series – Pivot Point: Women Ditching Upper-Management Positions. The answers to this question range from provocative to practical, but all are thoughtful. We kick off the series with a teaser post from our co-founder and co-CEO, Shawn Murphy.
I asked myself, “What do I know about why women are leaving the workplace?” After all, I’m a guy without kids. But the truth of the matter is, women leaving the workplace isn’t solely a gender issue. My gender does not preclude me from understanding the growing problem of women leaving the workplace before reaching upper management.
Before I share what I think about this workplace constraint on growth, let’s look at some data from McKinsey and Catalyst.
- 37 percent of middle-management positions are held by women, as are
- 28 percent of vice-president or senior management positions
- 14 percent of executive committee positions, and only
- 3 percent of Fortune 500 CEOs are women
- Men’s possibilities for advancement in the talent pipeline are twice than that of women’s
When we at Switch and Shift wanted to look at workplace issues, we couldn’t ignore the glaring need for organizations of all sizes to step up and address heirloom beliefs about how women move up in management. Women leaving the workplace before getting to upper-management is a 21st century problem viewed through 19th and 20th century worldviews and management practices.
The shrinking numbers of woman middle-managers moving up to executive or CEO, as listed above, limits organizational growth. But how? And why does it matter?
These questions and others will be answered and solutions explored in this special blog series. Through September 26th we’ll feature two posts a day from women or men who draw their line in the sand offering insight and solutions about this cultural and societal issue.
I’ll be back later in the series to offer my insights.
For now, let me share with you those who are participating in this series.
- Dr. Janice Presser
- Rebel Brown
- Patti Johnson
- Ellen Weber
- Mark Babbitt
- Deb Mills-Scofield
- Graeme Codrington
- Ted Coiné
- Lisa Shelley
- William Powell
- Chanelle Schneider
- Angela Maiers
- Dana Theus
- Todd Dewett
- Sarah Hathorn
- Irene Becker
- John Bell
- Anne Perschel
- Deb Babbitt
- Shawn Murphy
We want you to read the posts each day and share the insights with your network of people. Dr. Janice Presser will be the first full post in the series later today.
We hope you’ll participate by sharing your responses in the comment section.
Image credit- artqu / 123RF Stock Photo