Women Rising: Five Predictions for Women in the 2012 Workplace
In Society 3.0, Dr. Wilen-Daugenti presents a compelling case for how women’s prospects in business are on the rise. Based on her research at Apollo Research Institute, she predicts that in 2012, women in the workplace will reach the following milestones:
1. More women will become leaders in the workplace.
In 2012, 18 women will be running Fortune 500 companies—the highest number yet. This confirms a rising trend of women’s corporate leadership. The U.S. Government Accountability Office reported that in 2009, 40% of managers in the workforce were women. In 2010, women held 15.7% of board seats at Fortune 500 companies.
2. Women-owned firms will drive job creation and employment.
Women business owners employ 35% more people than all the Fortune 500 companies combined. Women own 10.1 million U.S. firms, employing more than 13 million people and generating $1.9 trillion in sales as of 2008.
3. Women will obtain higher education in greater numbers.
Women now earn more degrees than men, with graduates from all ethnic, racial, and socioeconomic groups racing past men in rates of completing programs of study. Women aged 25 to 34 are more likely to have a college degree and are more likely than men to go to graduate school. By 2012, women are expected to earn 60% of bachelor’s degrees, 63% of master’s degrees, and 54% of doctoral and professional degrees.