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PROFESSIONAL GUIDANCE

From 1989 to 2009, fewer than 100 females attained CEO positions in Fortune 500 corporations.

Researcher from the University of Michigan, Aparna Joshi, along with her collaborators, initiated an extensive exploration of these unusual occurrences a decade ago. Despite the extensive documentation of obstacles faced by women in high-ranking positions and the adverse reactions within the industry to their promotion, Joshi believed that conventional methodologies and results fell short of delivering actionable insights.

Her study emphasizes the “formulas” for women’s success following succession and directs organizations towards a more defined route ahead.

In the most recent episode of Business and Society, Joshi, who serves as a professor of management and organizations at U-M’s Ross School of Business, elaborates on the success factors for women in upper management and discusses strategies for fostering more nurturing and prosperous environments.

“A crucial aspect to monitor, in my perspective, is if your talent pipeline is compromised, you’re less likely to witness women enjoying long-term careers within your organization,” Joshi stated. “If internal candidates indeed serve as the primary source for successful female CEOs, companies must enhance their internal talent pipeline significantly.”

Business & Society is jointly produced by JT Godfrey of the Ross School of Business and Jeff Karoub from the Michigan News office. The audio technician is Jonah Brockman, with editorial production managed by Mads Henke. Tune in to all episodes of the podcast.

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