Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek


Filed under: News


Young Women Are Busy Knocking Down Barriers In Business

Jan 6 2014, 10:36am CST | by

10 Updates


Recommend Your Tweet as Top Tweet:

Full Story

Young Women Are Busy Knocking Down Barriers In Business

It doesn’t take much to kick off a raging debate about the lives of working women. Consider how quickly, Lean In entered the lexicon, how author Sheryl Sandberg a name known well beyond her role as COO of Facebook, and how long the debate has raged. Like most popular examinations of women and work, the focus is on what’s wrong; in this case how women hold themselves back in their careers. It’s doubtful that a book on how well things are going for women would get you a spot on 60 Minutes. Add the parade of coverage about pressures of family, the biases of male-dominated cultures, the dearth of role models and other sinkholes on the path to career success, and it might appear that life for women in business is unbalanced, unfair and unrewarding. But looking at new studies – and digging deeper into some old ones – women  at the younger end of the management spectrum, the future leaders of business, are happier, more challenged, and more confident about their futures than the tone of current discussions would indicate.

A 2012 Accenture study called The Next Generation of Working Women found, compared to other generations,  Millennials have “the most positive outlook for women in the workplace. Sixty five percent of women polled feel women were equal on the job. Sixty six percent see visible female role models in their companies. Only a third described their career path as “stagnant.” Slightly less than a third said that work-life balance is the most important career factor. The survey found less than half were dissatisfied with their career opportunities, but “most said they are taking a variety of steps to actively manage their careers – including taking different role or responsibility, receiving more education or training, and working longer hours.” All of that would indicate optimism that there is a payoff for their efforts.

Young working women are also ambitious. A 2012 Pew Research Center study found that, for the first time, young women top young men in the value they place on a high-paying career. According to the findings, two thirds of women ages 18 to 34 rate career “high on their list of life priorities. That compares with just under 60 percent for young men. In 1997, those findings were reversed – 56 percent for young women and 58 percent for young men. While the percentages are lower, Pew reports that for the past 15 years, there has also been an increase in the percentage of middle aged and older women who say being successful in a high-paying career or profession is “one of the most important things” of “very important” in their lives. For both men and women ages 35 to 64, the percentages are virtually even at 42 and 43 percent.

What then do we make of the findings of a McKinsey study that shows a steady drain of female management talent as they rise through the ranks? McKinsey reports that 53 percent of entry level jobs are going to women. But women hold only 37 percent of mid-management positions, and 26 percent in senior management.

Those numbers might set off alarms about talent being driven off to career obscurity. In fact, many are being lost to family choices and the desire to run their own business. the entrepreneurial trend will accelerate. A Kauffman Foundation poll indicates that 44 percent of Millennial women want to start their own business.

As the hand wringing about the barriers to women in business continues, young women are busy knocking them down.

Follow Peggy on Twitter and Facebook and learn more about Peggy at

Source: Forbes


You Might Also Like


Sponsored Update

Update: 10

MRCB, Nusa Gapurna and PKNS settle suit over RM3 billion PJ Sentral project

Source: Malaysia Today

(The Malaysian Insider) – Malaysian Resources Corp Bhd (MRCB), Nusa Gapurna Development Sdn Bhd (NGD) and PKNS Holdings Sdn Bhd have reached an out-of-court settlement over the ownership of the ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 21 2014, 2:53am CDT


Update: 9

Story behind Syed Mokhtar’s ‘RM2.25 billion tax-exempt’ Bernas deal revealed, says PKR MP

Source: Malaysia Today

(The Malaysian Insider) – An innocuous written reply in Parliament has provided a peek into the cosy relationship between the Najib administration and Malaysia’s best-known businessman, Tan Sri Syed Mokh ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 15 2014, 12:56pm CDT

More From the Web

Update: 8

Constitutional monarchy still murky concept

Source: Malaysia Today

After the RM4.5 billion land sale, the Sultan of Johor secured a 15% stake in MOL Access Portal (MOL) for RM396 million and took a 20% stake in Berjaya Times... READ MORE ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 14 2014, 12:37am CDT

Update: 7

Sultan of Johor’s RM4.5 bil backlash?

Source: Malaysia Today

49th Karlovy Vary International Film Festival
Has Sultan Ibrahim of Johor’s succession of big money deals over the last six months caused the tide of public opinion to turn against Johor’s royal palace? KiniBiz examin ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 11 2014, 8:49am CDT

Update: 6

Putrajaya denies carpet dealer given interest-free loan

Source: Malaysia Today

Eileen Ng, The Malaysian Insider Putrajaya today refuted allegations that Bank Rakyat had allowed carpet dealer Deepak Jaikishan to repay a RM32 million loan without interest following intervention ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 11 2014, 5:44am CDT

Update: 5

Malaysia Spends Over $9 million on MH370 Hunt: Report

Source: NDTV

49th Karlovy Vary International Film Festival
Malaysia has so far spent about RM27.6 million (over $9 million) on search operations for missing Malaysia Airlines flight MH370, an officia ...
Source: NDTV   Full article at: NDTV Jun 9 2014, 3:12am CDT

Update: 4

Bill for Kidex likely to soar to RM3.4b

Source: Malaysia Today

The original RM2.4 billion tag on the proposed highway did not take into account the cost of acquiring the land mostly in the urban areas, claims an assemblywoman Fabian Comelius,... R ...
Source: Malaysia Today   Full article at: Malaysia Today Jun 9 2014, 2:51am CDT

Update: 3

MACC: No elements of graft in Bank Rakyat’s loan to businessman

Source: Malaysia Today

BET AWARDS '14 - Red Carpet
(Bernama) – The Malaysian Anti-Corruption Commission (MACC) found no elements of corruption in Bank Rakyat’s RM32 million interest free loan to a businessman. MACC in a statement today said ini ...
Source: Malaysia Today   Full article at: Malaysia Today May 31 2014, 9:33am CDT

Update: 2

IHH Healthcare posts 25% rise in 1Q earnings to $62 mil

Source: The Edge Singapore

IHH Healthcare Berhad announced that revenue grew by 8% y-o-y to RM1.8 billion ($703 million) for 1Q2014 ended March, as earnings grew 25% YoY to RM159.1 milli ...
Source: The Edge Singapore   Full article at: The Edge Singapore May 29 2014, 11:29am CDT

Update: 1

Hasan Malek evades media over RM32 million Bank Rakyat loan scandal

Source: Malaysia Today

Elizabeth Zachariah, The Malaysian Insider The minister embroiled in the RM32 million Bank Rakyat loan scandal refused to take questions from the press today at an event in Kuala L ...
Source: Malaysia Today   Full article at: Malaysia Today May 28 2014, 11:42pm CDT

Shopping Deals


<a href="/latest_stories/all/all/31" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.




blog comments powered by Disqus

Latest stories

Teresa Giudice avoids Simple Answers to Questions
Teresa Giudice Avoids Simple Answers to Questions
Teresa Giudice recently avoided giving simple answers to questions regarding her prison sentence.
Microsoft CEO Satya Nadella addresses employees in an email
Microsoft CEO Satya Nadella addresses employees in an email
"I am committed to making Microsoft the best place for smart, curious, ambitious people to do their best work."
Reese Witherspoon Plays a Makeup-Free Role in Wild
Reese Witherspoon Plays a Makeup-Free Role in Wild
The actress Reese Witherspoon is going to play a makeup-free role in the film Wild. See yourself in the trailer of Wild below.
29 Celebrity Impressions, 1 Original Song Viral Video Debunked
29 Celebrity Impressions, 1 Original Song Viral Video Debunked
A music video got embraced on Youtube over the last week amassing over 7 million views. In it singer Rob Cantor performs a song with 29 celebrity voices. Well, turns out he cannot do a single celebrity impersonation. He had a bunch of others do it for him.