I find this story about the shrinking number of female C-suite execs quite insulting. The implication seems to be that women reached those levels because of diversity and inclusion initiatives that are now waning. That implies that women are not C-suite material and need to be propped up by measures aimed at achieving a certain gender balance.
..one possible contributing factor to this trend is a “waning focus on diversity initiatives”. Mentions of “diversity” and “inclusion” on S&P earnings calls — which surged during the pandemic, when the terms were mentioned 1,367 times in total — have fallen consecutively to fewer than 100 in the most recent quarter, as legal complexities and backlash have stalled inclusion efforts.
The truth is women have to work a lot harder to get to that position and just because they channel energy into their career does not absolve them from having to deliver an all A performance at home as a spouse and a mother. Sometimes that combination may prove too much to deal with. So its no surprise, the best and brightest don't always want to take on the big promotion
S&P Global published research just last month finding that women held less than a third of stepping-stone management positions, with Fortune also finding that women stayed for an average ~2.7 years less than male counterparts once they reached the coveted top spot.
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