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).
The FAA prepares to select cities for its eVTOL pilot program, marking a major step toward electric air taxis and the future of urban air mobility in the U.S.
Rising oil prices tied to the Iran conflict are driving up gas and airfare costs, creating new challenges for travelers heading into the spring break season.
The Supreme Court strikes down Trump-era tariffs, limiting presidential trade powers and raising questions about refunds, global trade, and business impact.
New research from GoDaddy and UCLA shows small businesses signal shifts in GDP, jobs, and digital growth earlier than traditional data or Wall Street trends.
GoFundMe launches Back in Business Fund with Paris Hilton to provide targeted grants helping women entrepreneurs recover and rebuild after natural disasters.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Gen Z workers are increasingly worried AI could replace their jobs. However, experts say companies are using AI more to assist workers than replace them.
Matt Schultz of CleanSpark discusses Bitcoin mining and AI infrastructure converge, energy demand dynamics, and the company’s position in the evolving market.
