The data from this study suggest that the lack of women at the top levels of our largest corporations cannot solely be explained as a problem of a “leaky pipeline.” The fact that women comprise 25% of executive team members, drop to 10% of highest paid executives, and 4% of CEOs, points to systemic institutional bias at the highest levels of power and influence. We offer the recommendations below as a starting point for what we hope will be a deep public discussion.
We undertook this research to determine who is leading on gender and racial balance among 25 prominent Massachusetts business advocacy organizations and who is falling behind. Women and people of color represent 51.5% and 28%, respectively, of the state’s population yet are significantly underrepresented in leadership positions. Why?