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Women with balls of steel
Remember the glass ceiling? You know, that immovable barrier which women of the 70s and 80s kept bumping their heads against on their way up the corporate ladder? Bet you thought it had shattered a long time ago, didn’t you?
Women like Carole Galley and Nicola Horlick might lead you to believe that the glass ceiling has shattered – Galley built a £400 billion investment empire at Merrill Lynch Investments. Horlick, mother of five, rose phoenix-like, when she was fired from one job, to become the very successful and public face of SocGen Asset Management. There’s also Diane Thompson, named Business Woman of the Year 2001 – she was chief executive at Camelot when Richard Branson’s lottery bid was trounced. We’ve even had a female prime minister. All very impressive. All also still the exception, rather than the rule.
Where are the women?
According to the most recent FTSE Female index surveying the number of women on the boards of the FTSE 100 (a report sponsored by The Fawcett Society and the Industrial Society), 58% of the top companies have women directors. Sounds quite healthy until you investigate a little further. That number is actually down on the previous year’s. And we’re still only talking about a maximum of two women on any board that comprises of anywhere between 7 and 22 members. That’s only 9.6% women in total, according to the Institute of Management Annual Salary Survey 2000. So what is it they have that the rest of us don’t? And how come there aren’t more of them?
Obviously, the 21st century woman is no shrinking violet. Just as her younger teenage sisters are obtaining higher A-level results than the boys, so too is she entering the workforce armed with a record number of MBAs. Breaking the Barriers, a recent report by Opportunity Now, claims: ‘constantly exceeding expectations’ is just one tactic women use to get ahead.
Next page: tough tactics
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