22 Years — Why more still needs to be done to increase equality in the workplace
Today, thanks to 1871, I had the honor of attending the Executive Club of Chicago’s annual Luncheon, which honors innovators and creators of companies of all sizes. 1871’s very own Howard Tullman was also recognized during the luncheon for his work in leading the growth of 1871, but it was Mondelez CEO Irene Rosenfeld who headlined the event as the International Executive of the Year.
In being introduced, it was announced that Irene was the first female to win the award in its 22 years of existence (Bill Gates won the first one).
Sadly, Irene’s punchline was: “I hope it doesn’t take another 22 years for another female to win this award.”
I’ve been trying to educate myself on the disparity of women in leadership roles in business and tech, but holy Google that is eye-opening!
Let’s do the math. 1/22 is 4.5%.
I was shocked. There’s no way this could be normal.
Women make up just 28 CEOs out of the Fortune 500(which is up from 21 a year ago). You can find the list here. And that’s 5.6%, not all that different from 4.5% — so this isn’t just an isolated case, but just another marker of how unbalanced the C-Suite is.
If you don’t think that’s a problem (and not just a math problem), I don’t know what is.
Let’s start by doing what we can in our own lives to be aware of how unbalanced the workplace hierarchy is.
Check out the Inspirational Women Series (hat-tip to Megan for creating this!)
And check this out/use it at your next meeting: Are Men Talking Too Much?
If you have any resources or stories to share, please let me know in the comments below — would love to see, hear, and read more about this issue.