Why Are There So Few Female CEO’s?
Only 25 companies in the Fortune 500 are run by women. Why? How can we change these stats?
Women made up just 4% of the CEO’s of the 2016 Fortune 500 Companies. And yet, they make up almost half (49%) of the work force. With more women attending University than men, and almost equal representation in the workforce, why don’t we see more women in management positions?
A 2016 Pew study found that 34% of individuals believe that male executives are better than women at assuming risk. In the same study, a significant portion stated they felt men would do a better job leading tech, oil and gas, and finance companies than women. Overwhelmingly, female CEO’s are running businesses in industries like retail and food production.
But the research shows that women are actually good for business – they are perceived as more honest and ethical than male executives, and trends show that having more female leaders (both in business and government) improves everyone's quality of life.
Farhana Kabir, CEO of Deservia Realty and Financial, knows all too well the struggles of women in the workforce – especially at the top.
“Women were traditionally behind the scenes. Being a leader wasn’t seen as an option.”
But by building her own company - and choosing to only hire female agents – Farhana is the embodiment of what’s needed: to change the way women are perceived in business.
“The women who work with me get to truly be who they are, and can create their own world. They are a part of an uplifting community, made up of women all working together and supporting one another.”
We need to change the way people perceive women in the workforce. You can do your part by working with businesses that support and empower women – because they are amazing at what they do.
Deservia Realty and Financial can help you find, and finance, your dream home. Click HERE for more information.
Pew Research findings provided by Fortune.com.