Wednesday, March 22, 2017

Why Ambitions Fall As Women Strive to Reach the C-Suite - HUNT SCANLON

by Scott A. Scanlon and Dale M. Zupsansky
Originally published: March 20, 2017

Young women, it seems, have a healthy sense of ambition. Nearly three quarters of them in the early stages of their professional careers aim to reach the top level of the corporate ladder, according to the recent ‘Leaders & Daughters Global Survey‘ report by Egon Zehnder.

The findings, based on an exhaustive seven-country examination of working women’s motivations, ambitions and their own definitions of professional success, uncover a consistent rise in ambition to reach executive leadership from the early stages of women’s professional careers through the senior management level.

But this ambition drops, precipitously, for women at senior management levels as they strive to reach the C-suite. It’s an astounding and consequential finding. “We believe that diverse and inclusive leaders create a better world where organizations and economies not only grow, but thrive,” said Rajeev Vasudeva, chief executive officer at Egon Zehnder. “We hope to find pragmatic solutions that support the professional ambitions of all women, everywhere.”