Rebecca Knight

The official definition of the glass ceiling, courtesy of the US Department of Labor, is: “those artificial barriers based on attitudinal or organisational bias that prevent qualified individuals from advancing upward in their organisation into management-level positions”.

Rebecca Knight

Niall FitzGerald, former chief executive of Unilever and chairman of Thomson Reuters, spoke last week at Brandeis University’s International Business School, just outside of Boston, about the qualities of good, strong leaders.

Rebecca Knight

For years now, men and women have entered law firms in the US in almost equal numbers. And yet, the number of women in leadership positions at these firms remains remarkably low.

Rebecca Knight

Sheila Wellington was the first woman to become secretary of Yale University in the 1980s, a prestigious role that ranks just below the Yale provost and president. After completing her stint at Yale, she ran Catalyst for 10 years, a nonprofit group that works to improve opportunities for women in business.

Rebecca Knight

Want to retain more female employees? Appoint more women to the top.

Rebecca Knight

It is not easy being a woman on Wall Street. And it’s even harder being a woman of colour. According to new research from Catalyst, the non-profit group that aims to expand opportunities for women in business, those belonging to racial minority groups face greater challenges than white women in developing trusting relationships with their managers in the financial services industry.

Rebecca Knight

According to the Center for Women’s Business Research, women-owned businesses account for 40 per cent of all privately held companies – which is not too shabby. But only about 3 per cent of all of these companies have revenues of $1m or more, compared with 6 per cent of companies owned by men. According to a study by the Kauffman Foundation, just 1.8 per cent of women-owned companies have revenues above $1m.

Rebecca Knight

My colleague, Liz Bolshaw, recently wrote in this space about new research that examines entrepreneurship’s gender gap. The study found that 29 per cent of privately held firms in the US are women-owned, but just 1.8 per cent of those firms had revenues above $1m. The study also found that women lodge less than half the number of patents of men.

Rebecca Knight

Norway has the highest level of participation of women in the boardroom than any other country in the world, having introduced a 40 per cent quota in 2003. (The quota became mandatory in 2008.)

Rebecca Knight

Catalyst, the non-profit group that aims to expand opportunities for women in business, has published a new study on October 13 that looks at the obstacles male and female high-potential employees experience as their careers advance.

This blog is no longer updated but it remains open as an archive.
 

The 'Women at the Top' blog is part of a series of online and print publications that focuses on women's achievements in business. With up-to-date news and incisive analysis, the blog will provoke discussion on the role of the world's most prominent businesswomen. www.ft.com/womenblog

For more Women at the Top news, video interviews and other features, visit www.ft.com/womenatthetop

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About our bloggers

Liz Bolshaw

Liz Bolshaw is a business journalist and editor. She has been a successful book publisher, online editor, magazine editor and publisher.

She was launch editor of the Europe-wide online community Entrepreneur Country, has published magazines for PwC, 3i, dunhill and Bafta, and launched The Sharp Edge, a magazine for and about entrepreneurs, with Duncan Bannatyne. She is a regular contributor to Thomson Reuters’ Venture Capital Journal.

Her last project for the Financial Times was as editor of the paper’s Business Education magazine.

Rebecca Knight

Rebecca Knight is a freelance journalist based in Boston. She writes regularly for the FT on business education, entrepreneurship, and management.

Andrew Hill

Andrew Hill is an associate editor and the management editor of the FT. He was City editor of the FT and editor of the daily Lombard column on British business and finance from September 2006 to December 2010.

He was the FT’s financial editor from June 2005 to September 2006, with overall responsibility for coverage of companies and markets. Before becoming financial editor, he was the FT’s comment & analysis editor, in charge of the paper’s opinion and features pages.

From 1999 to 2003, he was the FT’s New York bureau chief. He joined the FT in 1988 and has also worked as foreign news editor, UK companies reporter and correspondent in Brussels and Milan.

Pino Bethencourt

Pino Bethencourt is a professor and leadership expert at IE Business School in Madrid. She is also an author and executive coach.

Lynda Gratton

Lynda Gratton is professor of management practice at London Business School.

Linda Tarr-Whelan

Linda Tarr-Whelan, former ambassador to the UN commission on the status of women, is a Demos distinguished senior fellow.