Hats off and a shout out to General Electric for finding more ways to promote women throughout their organization. An article appeared yesterday in the Wall Street Journal which profiled how General Electric promotes more women. According to WSJ, “The company has intensified efforts to groom women for the highest echelons – partly by creating different paths to get them there.”
The WSJ mentions how CEO, Jeffrey Immelt, has an initiative for, “putting more executive women in powerful roles which is a crucial aspect of his current reinvention effort.” According to Mr. Immelt, “Women are more loyal than men and more willing to try things when times are rough.” The number of women executives has increased from 16% to 25% since 2001, the year he became CEO.
The post features women leaders at GE. One executive, Jamie Miller, was recruited after she obtained an MBA degree. Another, Rachel Duan, manages operations for a workforce of 22,000 employees in China, which includes a health-care business.
We will continue to highlight the efforts of companies such as GE and Google who act upon their values to execute policies and initiatives which are favorable to advancing more women.