Few work forces and even fewer adult females make it to the function of main executive officer ( CEO ) at major corporations. Although there are fewer female CEOs than males ( merely 13 of America’s largest 500 companies were run by adult females in 2009 ) . the path to the top is non much different.
Unfortunately. it can acquire lonely at the top for female executives. Harmonizing to a survey conducted by Carnegie Mellon University’s Tepper School of Business. adult females account for merely 2 % of top executive places such as president. president and CEO. The survey besides showed adult females made up merely 6 % of lower-level executive places such as main fiscal officer ( CFO ) and frailty president.
A women’s research group. the figure of adult females in executive functions at Fortune 500 companies has risen. In 1999. adult females held 12 % of corporate officer places. In 2008. the figure had risen to 15. 7 % . It may non be a dramatic rise. but advancement has been made. PepsiCo CEO Indra Nooyi one time said. “The glass ceiling will travel off when adult females help other adult females break through that ceiling. ” To happen out how these adult females made it to the top of the battalion. we’ll expression at 10 businesswomen who accomplished this great effort and see what they have in common. These Womans are Very Knowing
The first common yarn these adult females portion is a college instruction. Every executive on the list obtained an undergraduate grade from a four-year college. Six of the executives went on to finish post-undergraduate instruction. Our list includes four executives with MBAs and two executives with alumnus grades in direction.
Kraft CEO Irene Rosenfeld obtained her MBA and a doctorial grade in selling and statistics from Cornell University. Angela Braly. CEO of WellPoint. earned her Juris Doctor ( JD ) from Southern Methodist University School of Law. eBay’s Meg Whitman earned an undergraduate grade in economic science from Princeton and went on to have an MBA from Harvard Business School. Citigroup’s Sallie Krawcheck earned an MBA from Columbia University. Both Indra Nooyi and Carly Fiorina earned alumnus grades in direction from MIT. They Reinforced Their Education with Varied Experience
A strong educational background can function as a good foundation for executive leading. but instruction must be reinforced with experience. Each executive on our list served in multiple capacities within her house or industry before doing it to the function of main executive officer.
Get downing at the Bottom of the Ladder
Anne Mulcahy joined Xerox in 1976. as a field representative. and staged a progressive ascent to the executive suite. In 1992. she became frailty president of human resources. and in 1997 she became main staffing officer. Mulcahy served as corporate senior frailty president before she was selected as the CEO in 2001.
Traveling into Roles with Higher Responsibility
Carly Fiorina spent the majority of her calling at AT & A ; T ( NYSE: Thymine ) before presuming the high-profile place of CEO at Hewlett-Packard. She began her calling at AT & A ; T in 1980 as a direction trainee. After 16 old ages. she was appointed president of the consumer merchandises concern at Lucent Technologies. an AT & A ; T spinoff. In 1999. Fiorina left Lucent to return to Hewlett-Packard. a company that one time employed her as a impermanent worker. This clip. she joined HP in the function of CEO. She reigned atop Fortune’s list of the “50 Most Powerful Women in American Business” from 1998-2004.
Mastering a Line of Business
Before fall ining Avon. Andrea Jung served in several functions affecting women’s dress and cosmetics. She worked as senior frailty president at high-end retail merchant I. Magnin for four old ages before traveling to Neiman Marcus in 1991 as executive frailty president. Jung joined Avon in 1994 as president of the Avon U. S. Product Marketing Group. She was so promoted to president and head runing officer ( COO ) prior to going CEO in 1999.
Finding a Big Interruption
Possibly the most publically chronicled ascent was that of intelligence ground tackle turned media mogul Oprah Winfrey. In 1973. Winfrey started as a local intelligence ground tackle in Nashville. Tennessee. She transitioned into hosting a Baltimore talk show five old ages subsequently. Winfrey’s large interruption came in 1984 when she became host of “AM Chicago. ” Less than two old ages subsequently. the show was renamed “The Oprah Winfrey Show. ” The show has been the No. 1 talk show in the U. S. for 22 back-to-back seasons. Winfrey serves as president and CEO of HARPO Productions.
They have Business and Finance Knowledge
Business and finance cognition is a basis of success for any CEO. Most of the top female CEOs gained this cognition long earlier traveling to the helm of their several companies.
From CEO to CFO
Indra Nooyi served as PepsiCo’s CFO before being named CEO in 2006. As CFO. Nooyi was credited with taking several of PepsiCo’s reconstituting attempts including the initial public offering ( IPO ) of Pepsi Bottling Group and the separation of Pepsi’s eating houses. now known as YUM! Trade names ( NYSE: YUM ) . from PepsiCo.