editor@diversity-executive.com, 05-26-2011
Waltham, Mass ? May 26
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Bentley University, a business school has launched the Center for Women and Business to advance shared leadership among women and men in the business world and develop women business leaders.
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?We have made significant progress over the past several decades, but now more than ever, we must work even harder to create the same kinds of opportunities in the corporate world for both men and women,? said Gloria C. Larson, president of Bentley University. ?Through the Center, Bentley will engage with the business community to address the barriers preventing many women from succeeding in business.?
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The Center also announced the appointment of Betsy Myers as its Founding Director. Betsy Myers was a senior adviser and COO to Barack Obama?s Presidential Campaign and previously served as Executive Director of the Center for Public Leadership at Harvard?s Kennedy School of Government and as a senior adviser to President Bill Clinton.
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Bentley University?s largest corporate partner, PwC, also announced an additional $1 million gift to support the Center?s work.
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"Sponsors are critical to professionals in their journey up the corporate ladder. Research by Catalyst indicates that women are over-mentored and under-sponsored," said Niloufar Molavi, chief diversity officer, PwC.?
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The Center will encourage both young women and men to enter the business world through innovative undergraduate and graduate business education that promotes learning opportunities for women and men as peers and instills in them the desire to make a difference in the working world. It will support women in their advancement towards leadership positions and work to expand opportunities for women to assume top leadership roles in the business, non-profit and public policy sectors.
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The Center will also promote innovative academic research and further global discussions on the economic and social impact of shared leadership among men and women through education, thought leadership and advocacy.
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In conjunction with the launch, the Center also released the results of a nationwide survey of college-educated men and women ages 18 to 30 that explored their interest in pursuing business careers and their perceptions of how hospitable the business world is to women. The findings underscore that women believe men have an advantage in pursuing business careers and that there are significant hurdles for women who do so.
Among the survey?s key findings:
- More than half (52 percent) of the young women with corporate work experience say that little opportunity for advancement in the business world is very discouraging.
- The largest proportion of both men and women (42 percent) say that the number one reason why women are less likely to reach very senior positions is because ?business is dominated by men who tend to promote and give raises to other men.?
- Both young men and young women believe that women still face a glass ceiling, but more women believe this than men (93 percent of women, compared to 80 percent of men).
- Most men (59 percent) say they were interested in pursuing a career in business by high school, compared to just half of women (49 percent).
?This study clearly shows that young women today have very negative perceptions of business and are even less interested in pursuing business careers than those who entered the workforce a decade ago,? Larson said. ?Given the challenges recruiting and retaining high potential women, this is a trend that Bentley and the Center for Women and Business seek to reverse. It also confirms our belief that support at an early stage and throughout a person?s career is critical.?
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Source: The Center for Women and Business at Bentley University
For More Information cwb.bentley.edu/sites/cwb/files/SurveyResults.pdf
Source: http://diversity-executive.com/article.php?article=1185
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