Here's how companies can clear the way for more women to climb the corporate ladder

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Here's how companies can clear the way for more women to climb the corporate ladder | By Joseph Holt for CNNBusiness Perspectives

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Joseph Holt is an associate professional specialist in the Management Department in the Mendoza College of Business at the University of Notre Dame. The opinions expressed in this commentary are his own. .leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } @media screen and { .leftside-floating-image { float:left; width:50%; max-width: 200px; display:block; margin:0 1.5rem 1rem 0; } } Despite heightened awareness of gender bias and increased calls for gender equity, most women continue to face obstacles as they try to climb the leadership ladder.

Women have no doubt made huge strides in the workplace. The successful women over 60 who spoke at the"Coming of Age: Women on the Rise" panel at the Milken Institute Global Conference are living proof that the glass ceiling has been broken, since they have risen above it. But for the women coming up after them, the path to leadership is strewn with broken glass and other sharp obstacles that make their ascent more difficult.

McKinsey's Women in the Workplace 2018 study, conducted with LeanIn.Org, observes that progress has stalled in part because companies have failed to treat gender diversity like the"business priority" it is by establishing targets and holding leaders responsible for results. Companies can do that by committing to fairness. Or they can simply commit to improving their own bottom line.

 

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