Identifying talent early might be the antidote to male-dominated boardrooms.
Evelyn Orr, Vice President and COO of Korn Ferry Institute, told Cheddar that that might have been what helped the women executives she spoke to break into the “Boys’ Club”.
“It didn’t occur to them that they could be CEO in their career,” she said, “until someone pointed it out to them and literally tapped them on the shoulder and said, ‘You’ve got what it takes, step-up, let’s do this!”
The lack of women in the C-Suite as been a persistent problem in corporate America. One Peterson Institute study found that a majority of firms have no female board members, and just over half had no female execs at the topmost levels. Fewer than 5 percent had a female CEO.
Orr, who interviewed 57 female execs for her study, puts the onus on companies and encourages leaders to look out for employees that show drive early on.
“Those are the raw ingredients that can lead people to be in the CEO pipeline,” she said.
As for women looking to get an executive position, she says that the best step is to understand how a company operates.
“Get close to how the business makes money, seek out jobs that are running a product line, running a P&L,” she said. “The closer women can get to how a business is making money, the better.”
For full interview [click here](https://cheddar.com/videos/how-to-raise-more-women-to-the-c-suite).
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
