organization of more than 450 women executive leaders actively
working to leverage the collective power of women's leadership
in the Greater Philadelphia region, has been issuing an annual
"Women on Boards Report" for many years on the status of women
leaders in top area public companies, with PwC serving as the
report's sponsor and research partner; and
WHEREAS, The Forum of Executive Women chose the theme "Forces
pushing for progress in the boardroom and C-suite" for the 2016
"Women on Boards Report" because experience shows that it takes
multiple strategies and multiple forces to get more women into
the ranks of leadership: female and male business leaders,
advocacy organizations, shareholders, investors, employees,
customers and elected officials all can be powerful forces for
challenging the status quo; and
WHEREAS, Women in the Workplace 2016, a comprehensive study
of the state of women in corporate America conducted by
LeanIn.Org and McKinsey & Company, emphasized that:
[w]omen are less likely to receive the first critical
promotion to manager--so far fewer end up on the path
to leadership--and they are less likely to be hired
into more senior positions. Women also get less access
to the people, input, and opportunities that
accelerate careers. As a result, the higher you look
in companies, the fewer women you see;
and
WHEREAS, Catalyst's overview, Women on Corporate Boards
Globally, indicated that research from many scholars and
organizations, including Catalyst, had found that three or more
women serving on a board "changes boardroom dynamics
substantially," "enhances the likelihood that women's voices and
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