By Melissa J. Anderson (New York City)
What’s keeping women from reaching the highest echelon of today’s top corporations? If you ask Sylvia Ann Hewlett, Founding President and Chairman of the Center for Worklife Policy, it’s certainly not a dearth of women’s initiatives, mentoring programs, and networking. Nor is it related to performance.
According to a new study produced by the CWLP in conjunction with the Harvard Business Group, a lack of sponsorship for women may be to blame. At a recent event hosted by American Express, Hewlett said, “34% of the marzipan layer, that layer just below senior leadership, is made up of women.” On the other hand, she said, only about 21% of senior leadership is female. And that number hasn’t increased in years.
“It’s about relationship capital,” said Hewlett.
Authored by Hewlett, with Kerrie Peraino, Chief Diversity Officer of Amex; Laura Sherbin Ph.D., Vice President, Director of Research at CWLP; and Karen Sumberg, Vice President, Director of Projects and Communications at CWLP, “The Sponsor Effect: Breaking Through the Last Glass Ceiling” outlines the ways in which women are missing out when it comes to sponsorship.
But more importantly, it is a detailed study into the sponsorship-protege relationship. It explains the urgent need for stronger sponsorship of women and how we can get it.