High-ranking mentors, assessment of skill gaps, and small group sessions are part of an innovative program at Texas Instruments in Dallas, Texas, designed to promote women to line management positions with profit-and-loss responsibility. The Women’s P&L Initiative is credited with a 60% rise in the number of women in P&L roles in the company since 2009. A recent study by McKinsey & Co. found that although women comprise 15% of executive-committee members at Fortune 200 companies, 62% of these women are in “softer” areas including human resources and strategy. According to the study, these positions “rarely lead to a CEO role.”
Read full article here: TI Battles a Gender Gap in Job Experience