• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
CommentaryHillary Clinton

Why it’s impossible for companies to advance women

By
Monica McGrath
Monica McGrath
Down Arrow Button Icon
By
Monica McGrath
Monica McGrath
Down Arrow Button Icon
March 19, 2015, 10:41 AM ET
Monica McGrath, Vice Dean for the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania.
Monica McGrath, Vice Dean for the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania.
Add Fortune on Google for similar content.

Sometimes, I find this thought running through my head: how can the United States still not have a law providing paid maternity leave? What is this, 1965?

In case you’re curious, the only other industrialized countries without paid maternity leave are the Marshall Islands, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Suriname, and Tonga.

This data point — along with a wealth of other numbers about the health, education, and status of women and girls — appears in the “No Ceilings” report recently published by the Clinton and Gates Foundations. It’s a follow-up on 21 years of progress since the 1995 UN Conference on Women held in Beijing.
As the Wharton School of the University of Pennsylvania’s vice dean of executive education, an organizational psychologist, and an executive coach, I wasn’t surprised — unfortunately — by much of the business-related data.

The report highlighted the fact that women’s participation in the U.S. labor force has stagnated (55% of women compared with 82% of men), and that women are still much less likely than men to hold executive management or decision-making roles. This holds true even though women now outnumber men in universities. At Wharton, we have 7,000 to 8,000 executives coming through our courses and programs every year, and the proportion of women to men is nowhere near equitable.

A lack of laws and organizational policies such as paid maternity leave make it impossible for companies to retain women and advance them. Many of today’s female middle managers earned their degrees sitting in classrooms alongside the same or even a lesser number of boys, yet the equality stops there if they happen to want a family. It’s true that there’s more engagement by men with their children these days, and that’s wonderful, but it’s not the same as making a systemic change in organizational policies.

The nuances of advancing a female manager up the ladder are very difficult to navigate. It’s only through powerful, aggressive senior executive advocacy that companies can make the mindset change needed to boost women to that next level of leadership. Many organizations of course have policies and trainings for women, but these are mostly handled by HR departments. And even the best HR person who sits at the table of the business (which itself is rare) will hold little sway over the senior team and the board.

In a conversation related to the report held at NYU between Hillary and Chelsea Clinton and Melinda Gates, Hillary talked about entrenched beliefs: “Even if we get past the laws leveling the playing field… we are left with attitudes.” She commented on how Japanese Prime Minister Shinzo Abe wants to “get our smart, educated women into the workforce” in order to revive his country’s sluggish economy, but is running up against Japan’s cultural biases.

I witnessed similar biases here in the US recently when I sat in on a meeting regarding a high-potential female manager and an upcoming overseas assignment. Because the woman had three young children, her manager decided that the most benevolent, empathetic choice would be to never mention the opportunity to her. But in fact, his decision was paternalistic; it was surrendering to the stereotype. And that’s only one conversation: I guarantee you this will happen tomorrow afternoon to another high-potential female. “Well, she’s got kids, so we’ll give her a chance later.”

I’m heartened, though, by seeing the likes of Hillary Clinton, Chelsea Clinton, and Melinda Gates get behind women’s issues in a high-profile way, and with plenty of hard data. But it’s disappointing that there is no powerhouse leader focused specifically on business. Facebook (FB) COO Sheryl Sandberg tried, with Lean In, and she did manage to reignite the conversation about women’s success in the workplace.

But we need Sheryl Sandberg and someone else. Maybe Nissan’s CEO Carlos Ghosn, who changed his organization in incredible ways and understands the power of transformational change. At the World Economic Forum in Davos this year, he sat on stage talking about women’s leadership. We need someone like him championing the cause of executive women.

And let’s keep the statistics coming. Let’s find out if Google’s (GOOG) reputedly excellent maternity policy actually contributes to its success. Let’s find out which companies increased their market share because of the number of women in senior positions. Then somebody can sit down in this country and say to GE or Procter & Gamble or Colgate-Palmolive, “you need to get on this.” Because, as Hillary put it during the NYU conversation, you’ve got to make more of a case than “you have to treat me the same.” You have to be able to say, “Look at the data and see what you’re losing if you don’t.”

Monica McGrath is the Vice Dean for the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania. She is also an Adjunct Assistant Professor of Management focused on women and executive leadership.

Watch more business news from Fortune:

About the Author
By Monica McGrath
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

rn
CommentaryCryptocurrency
Former Iran director at NSC: Crypto legislation is a ticket to sanctions evasion
By Richard NephewJuly 2, 2026
12 hours ago
m
Commentary250 Years of Innovation
McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment
By Eric Kutcher and Shubham SinghalJuly 2, 2026
12 hours ago
em
Commentary250 Years of Innovation
America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
By Owen LamontJuly 2, 2026
16 hours ago
paramount
CommentaryAntitrust
How Paramount’s theater commitments could boost local economies across the nation
By Ike BrannonJuly 2, 2026
16 hours ago
elon
CommentaryChina
China has 400 private space companies. The West is barely paying attention
By Rainer ZitelmannJuly 2, 2026
18 hours ago
senate
CommentaryCongress
One rare bipartisan AI bill is moving through Congress. Here’s why it deserves to pass
By Neil Björkman and Betsy BrewerJuly 1, 2026
2 days ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
Success
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
20 hours ago
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
10 hours ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
2 days ago
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
Success
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
By Emma BurleighJuly 2, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.