What is it that keeps women from moving up the career ladder and securing the top positions in the corporate world? And why, when it comes to rewarding good work, do women still earn less than their male counterpart for practically the same job? Is it that men just happen to perform better than women in the workplace, or is the corporate environment slanted in favor of men with the proverbial "glass ceiling" firmly in place? Perhaps it's neither. Could it possibly be that many women are not hitting a glass ceiling, but are actually donning a "glass helmet?" This age old question still remains unanswered. Or does it!
Here are some interesting facts about women in business:
- Women purchase, or influence the purchase of 83 percent of all consumer goods
- Women make over 80 percent of all health care decisions and purchase two thirds of health care products.
- Women represent 46% of the labor force, yet women are a mere 5.2% of the top earners. Averaging only earn 73% of what their male counterparts earn for the same position.
- Yet, only 8 (a measly 1.6%)of Fortune 500 companies have females CEOs.
- There are 9.1 million women owned businesses in the US, yet women have access to roughly 5% of the $36 billion venture capital pie.
It doesn't make pretty reading! But fear not ladies. This week we speak to Molly Dickinson Shepard, co-author of Stop Whining and Start Winning: 8 Surefire Ways for Women to Thrive in Business. Listen to Alan Rothman of BOS interview Molly as she digs deep and tells us how women can -- and must -- make some crucial changes in order to make their mark. Learn the difference between the language of self-promotion as opposed to the language of bragging and how to stop looking like the secretary at a meeting and start acting like a CEO.