By Lucy Dollens, Quarles & Brady LLP
The Wall Street Journal recently published an article titled "Women at Work: A Guide for Men" that discusses how, in the author's view, "[e]ven the most well-intentioned male managers can be clueless when dealing with women in the workplace."
The author makes a compelling case for why companies should care about striving to retain and promote women within their corporate structures: "Fortune 500 firms with the most female board members outperform those with the least by 26 percent on return on invested capital and 16 percent on return on sales, according to a 2011 Catalyst study. Yet the number of women at the top is barely budging: some 5 percent of Fortune 500 chief executive officers and 17 percent of board members. Numbers in law and finance are dismal too."
The author then posits that formal policies and corporate initiatives are crucial, but that men need to get involved on a day-to-day basis as well. Concrete solutions are difficult to craft in order to overcome many challenges, but being made aware of inherent differences and some unintentional reactions to those differences is a good starting point to effectuate gradual change on some of these issues.
The author takes us through some some of those in this interesting article, which can be found here.
This post was written by Lucy Dollens of Quarles & Brady LLP. If you would like to submit content or write an article for the Young Lawyers Division page, please email Mary Kay Price at email@example.com.