Why There are Fewer Women CEOs in the US, and What to Do about It - Building Gender Balanced Business

• Women are the majority of US college graduates, but they represent fewer than 1 in 5 start-ups and a tiny 3% of tech entrepreneurs of late. And besides there being few women CEOs overall, there has yet to be a women in charge of a major US finance company. Why is that?

• Vivek Wadhwa, an IT entrepreneur who is a senior research associate at the Labor & Worklife Program at Harvard Law School and an executive in residence at Duke University, was puzzled by this, too. But he thinks he has found the answer — “societal failure” — and a solution.

• Wadhwa contrasts the US with India, a more conservative country but one where more women are represented in top corporate ranks. He found that this is in part because the modern corporation is a much newer development in India, and he quotes another entrepreneur/academic as saying that women in Indian business may have to contend with fewer entrenched players.

The rest of this article, including a summary of Wadhwa’s research and the solutions it prompted, is available to subscribers of the 20-first.com Toolkit, a complete, step-by-step guide to implementing sustainable gender balancing strategies. The Toolkit delivers all of 20-first’s experience in a manager-friendly, ready-to-use resource. It includes mutli-media presentations, guidelines, tools, videos, case studies and CEO interviews and more for each of the four phases – audit, awareness, align, sustain.

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