The Asian Age

Women bosses are still rare in US

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New York, Oct. 20: This year was touted as the year of women in politics in the United States, but in the business world, female bosses remain few and far between.

And some warn the situation is unlikely to improve with men unwilling to play the role of mentor to younger female colleagues in the era of the # MeToo movement.

The departure in September of India’s Indra Nooyi as head of PepsiCo after more than a decade in the job has only reinforced a trend that has been growing for the past two years: the decline in the number of women CEOs even as debate about the need for equality in the workplace rages, and amid increasing calls for women to break through the “glass ceiling.” Recently, a number of prominent women have left their posts as company heads, including Denise Morrison of Campbell Soup, Margo Georgiadis of Mattel, Sherilyn McCoy of ■ Avon, Meg Whitman of Hewlett- Packard, Ursula Burns of Xerox, and Ellen Kullman of Dupont.

All of them have been replaced by men, a blow for diversity since fewer than five percent of leaders of the S& P 500 largest enterprise­s are now women, down from 5.4 percent in 2017.

“We are going in the wrong direction,” said Lorraine Hariton, whose NGO Catalysts advocates for women in senior positions.” Women have gotten into entry- level positions very successful­ly, and then they get to middle management, and things stall out,” she said. “Women still today are not reaching the top, particular­ly women of color.” Dismissing the idea that the glass ceiling is down to women’s decision to focus on family rather than career, experts lay the blame more on deep- rooted cliches.

Hariton said her group’s research “shows that the stereotype that men ‘ take charge’ and women ‘ take care’ puts women leaders in a double bind and can potentiall­y undermine their leadership and career and advancemen­t options.” – AFP

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