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April « 2011 « Diversity in Leadership

Archive for April, 2011

WSJ article – Women Need More Coaching

According to a Wall Street Journal article on April 4, 2011, a  just-released McKinsey study reports that a lack of coaching and career development for women, especially mid-level women, is a major reason women don’t reach top levels in organizations.  Results were based on a survey of over 2500 college-educated men and women.

Data from Catalyst indicates that while women are 37% of lower-level and middle managers, they are only 26% of vice presidents and senior managers. Only 11 of the Fortune 500 CEOs are women, down from 15 in 2010. Report author Joanna Barsh encourages organizations to focus on getting middle level female managers to the VP level through coaching and placement in special developmental programs. 

Lyn Turknett

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