tokenism. critical mass, the generally accepted theory regarding women on boards and executive...
TRANSCRIPT
Critical mass, the generally accepted theory regarding women on boards and executive management, says that when women occupy more than 30 percent of the positions in a specific group, positive
social change within the organization starts to happen.
But…
Gray area between having no women in a group of leaders and having three or more women in that group
That area is tokenism
What if Harvard Business School gave itself a gender makeover, changing its curriculum, rules and social rituals to foster female success?
Harvard MBA
Women with same GMAT test scores fell behind on grades
Retaining female faculty was difficult
HBS
In 2011: The administrators installed stenographers in the classroom to guard against biased grading, provided private coaching — for some, after every class — for untenured female professors, and even departed from the hallowed case-study method.
Fast Forward 50 years…
$10,784
The median earnings of full-time female workers is 77 percent of the median earnings of full-time male workers
Problems with the measurement
Are we comparing individuals working for the same # of hours?
Does it include bonuses? How do we compare across fields? Larger #s of women enter the “helping”
professions which pay lower wages
When comparisons are made between men and women who work 40 hours per week, women make 87% of men’s earnings, according to the Labor Department.
When economists compare men and women in the same job with the same experience, the analysts find that they earn about the same.
Solutions?
Actively nurturing solidarity amongst women in organizations
Female mentorship Negotiation
20 years of financial data on the S&P 1,500
Greatest negative effect on whether there will be women on a senior management team is the presence of a female CEO.
“Female CEOs may not generally endeavor to further the interests of other women in their firms, that is, at least with respect to the CEO position…”