Women now account for 50 percent of the U.S. workforce.[i] In 1969, they made up 33 percent of the workforce.[ii] Women have become important breadwinners in the U.S. and now account for 62 percent of college associates’s degrees, 57 percent of bachelor’s degrees, 60 percent of all master’s degrees, 50 percent of all professional degrees and a little less than 50 percent of all Ph.D.s.[iii] With these kinds of numbers, expect more women to be coming into leadership and decision-influencing roles.
According to Illuminate Ventures, "organizations that are the most inclusive of women in top management achieve 35% higher ROE and 34% better total return to shareholders versus their peers – and research shows gender diversity to be particularly valuable where innovation is key."
Although jobs that have been associated with the female gender such as nursing are still dominated by women, they are making serious inroads into the business world. To support this progress for women, businesses are changing their cultures and general behavior. Women are also increasing their decision-making influence inside organizations in which they work.
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