This has been extracted from an article by a financial columnist, Cliff Pletschet, that outlines just what I have been saying about women led companies as something indicative of the changing world around us. Thankfully so.
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Women Move Up: That shattering sound you hear in the corporate world is not distraught executives going into a rage over Washington's intrusion, but new holes in the glass ceiling as women make progress as chief executive officers.
Last year was a very good year for companies led by women, which as a group far outperformed the Standard & Poor's 500 Stock Index, reports USA Today. Fifteen companies led by women returned an average of 46.1 percent last year, compared with an increase of 24.7 percent in the S&P 500.
The top performer was Rite Aid, up 38.7 percent last year, followed by TJX, WellPoint, DuPont, Avon Products, Reynolds American, Western Union, Sara Lee, PepsiCo, Archer Daniels Midland, Xerox, Kraft Foods, Sunoco, Yahoo and BJ's Wholesale Club. (The latter two didn't have a female head for the entire year.) All this is good news since a lot of companies run by the Old Boys Club have not been doing such a great job.
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Do you wonder why women led companies are out performing traditionally led companies? Do you think men and women alike love working for a woman? Do you think women that lead use their intuition to know what is right? Do you think the sound of high heels on the floor make people smile?
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Do you wonder why women led companies are out performing traditionally led companies? Do you think men and women alike love working for a woman? Do you think women that lead use their intuition to know what is right? Do you think the sound of high heels on the floor make people smile?