The Old Boys' Club

Women are still at a great disadvantage in business leadership, and the problem is getting worse. This is unacceptable:

About 21 percent of new members named to the boards of companies on the Standard & Poor’s 500-stock index last year were female, a decline of 9 percent over the past five years, according to executive recruiter Spencer Stuart. And women represent just 16 percent of all directors at companies in the index, barely above the 15 percent level of 2006, Spencer Stuart says.

This despite the fact that companies with women in leadership perform better and attract more outside investment.