This report briefly summarises McKinsey & Co.'s research into women's economic potential. Companies are increasingly recruiting women graduates, but the talent pipeline is failing to progress women to top roles. Women feel they lack access to informal networks, sponsors and role models. Lifestyle issues, as well as institutional and individual mind-sets also act as obstacles to advancement.
The report advises companies to focus on progressing female middle managers to higher positions, and warns that a comprehensive transformation of a company's culture is necessary to effect lasting balance in diversity. Actions recommended include developing awareness of the business case for diversity, refinement of staff performance measures, and buy-in of senior management to promote change.