Women in business are redefining the game throughout America’s free enterprise system. They are marked by a spirit of entrepreneurship that is critical to our economy’s success and the development of a 21st century workforce. In partnership with Georgetown University, the U.S. Chamber of Commerce is proud to publish this groundbreaking research on the women who lead America’s mid-cap companies. These are the leaders who play an integral role in business, who create lasting value.
Challenges to businesswomen remain in these tough economic times. Though women represent half of America’s workforce, they make up only 5.7 percent of the executive ranks in mid-cap companies. In our free enterprise system, talent knows no gender and opportunity no bounds. We can and must do better.
The informative and often surprising results contained in this report will be invaluable resources to businesses. It points to how companies can better incorporate women into their workforce and develop them into the leaders of tomorrow. It also identifies industries and regions of the country where improvements are needed to fully capitalize on the leadership women can provide. Based on the data, it is clear that more research remains to be done on the shifting demographics and changing dynamics of today’s workplace. Companies have a unique opportunity to devise a strategy that enables talented women to advance in the workplace.
Through the Center for Women in Business, the U.S. Chamber of Commerce will continue in its commitment to educate, facilitate, and communicate the critical role of women in the workforce. Advancing the goals of women, especially in positions of leadership, remains an essential priority of the Chamber for the years ahead.
David C. Chavern