Still No Progress for Women in Top Posts: Gillis

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Dec. 10 (Bloomberg) -- Deborah Gillis, CEO of Catalyst Inc., comments on Mary Barra being named the next CEO of General Motors. She speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Ceo of gm.

Delighted to see women succeed in such an important role and to become the first woman to lead a car company.

It is a great step forward.

But at the same time, we will be more excited when we stopped counting firsts.

It is a big bill because she is the first.

We will make progress when we stopped counting them.

There are situations where a woman is qualified for a top level position but she does not get it.

His gender discrimination the reason?

There are a number of factors at play in workplaces.

Men tend to be promoted based on their potential.

Women need to prove themselves a stone their performance.

There are a number of factors that happen.

Everything from women being excluded from important networks where they can build relationships do not having access to what we would call the high potential critical jobs that are so important to investment.

What does ms.

Barra's hiring mean for the culture of all mail in the car industry?

It is a really important message, not just in the auto industry but across the board about women's leadership potential.

She is sending a message that says it is about talent.

She is succeeding in this company in an industry that we might think of as male-dominated and that really challenges stereotypes that say women can only succeed in certain sectors.

What does it say that it took her 30 years?

She has been there since she was a teenager.

She has come up through the ranks of that company.

It is interesting to see that in her most recent job, she was responsible for product development.

She was in a critical role and we need to see more women in those critical roles so they too can advance.

It is not the norm as you just alluded to.

Catalyst is out with its 2013 census of fortune 500 companies and the plans they have to advance women to top positions in corporate suites.

What were your findings?

Our findings show that women continue to be underrepresented in leadership.

Women's representation in executive officer roles is stalled and stands at 14.6%. when we look at the board rooms in the fortune 500, we see for eight consecutive years, virtually no change in women's representation.

Today it is at 16.9%. i think it -- any idea why?

I think it goes back to where companies are looking for talent and whether they are being intentional about ensuring there is a level playing field so women can advance.

What is the business and financial case for advancing women to leadership post?

There is a number pieces of the business case.

Women are half the population and half the talent force.

They influence the majority of purchasing decisions.

If you want to look like the market, serve the market, tap into top talent.

Our research shows that on average, those companies with more women in leadership -- that was the incoming ceo of catalyst.

G.m. coming up.

This text has been automatically generated. It may not be 100% accurate.


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