The Failure of Women to Advance into Senior Management Roles
Sadly, it is true that women have failed to advance into a senior management position because of the compromises that a majority of them make in their choice of career and career preferences. This could be intentional or it could be based on how women and men are brought up in the society. The traditional setting of a woman's role has continued to be engrained in the minds of women and this has had a huge impact on the careers that most women would prefer (Melkas and Anker, 1997). The bringing up of children is never the same especially in regards to gender, and this causes of children to identify with their specific gender. It is no lie that the career path chosen by an individual will determine how far they will reach in terms of the progression within an organization. The career choices mostly made by women have been in the humanitarian and arts while those chosen by men have been in the sciences. These early decisions result in gender segregation because the career paths are different and the education level is also different. Another contributing factor to gender segregation within the labor market is that women enter the market with less human capital and this is mainly due to the subjects they study (Charles and Grusky, 2005). Many employers consider the humanitarian and arts subjects to be less valuable. Women have also been accused of not advancing their careers once they join the labor market, which in turn results in them remaining stagnant and they cannot aspire to higher levels. The failure to invest in training is attributed to the notion that a majority of women anticipate family responsibilities, and they will opt for careers that give them the flexibility to work and leave the workforce without suffering too much in terms of the career.
Statistics have shown that currently in the US about 15 percent of top the five leadership positions amongst the fortune 500 companies are held by women. The numbers are even worse when you only consider the top five companies. Of the 500 companies, there are only 24 female CEOs. This is quite shocking considering the attention that this issue raises and one would be mistaken to think that companies would do much better. It has been noted that there has been a tremendous improvement in the recent past, but this number is not likely to change especially considering that there is no strong pipeline of women talent raring to take up the leadership positions. There are many stereotypes that persist and the image that...
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