Women in Leadership: Why It Matters

Women in Leadership: Why It Matters

The vast majority of Americans say women and men are equally qualified to lead businesses (96 percent) and that it's important for women to have the same career advancement opportunities as men (82 percent), yet only 4 percent of Fortune 500 companies are headed by women, a report from the Rockefeller Foundation and Global Strategy Group finds. Based on an online survey, the report, Women in Leadership: Why It Matters (10 pages, PDF), found that 92 percent of respondents said expectations of male leadership in workplace cultures contribute to the underrepresentation of women at the top, while women face barriers such as lack of support from mentors when going for leadership positions (83 percent) and with respect to career advancement in general (80 percent), as well as a lack of access to connections that can advance a woman's career development (75 percent). Respondents also said women leaders have a positive impact on workplace policies, including measures to reduce the pay gap (76 percent), implementing policies that benefit both men and women (74 percent), and attracting a diverse workforce (71 percent).