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Facebook COO Sheryl Sandberg on Why We Have Too Few Women Leaders (Transcript)

Sheryl Sandberg

“As the COO at the helm of Facebook, Sheryl Sandberg juggles the tasks of monetizing the world’s largest social networking site while keeping its users happy and engaged.” – TED.com

Listen to the MP3 Audio here: Sheryl Sandberg_ Why we have too few women leaders

TRANSCRIPT: 

So for any of us in this room today, let’s start out by admitting we’re lucky. We don’t live in the world our mothers lived in, our grandmothers lived in, where career choices for women were so limited. And if you’re in this room today, most of us grew up in a world where we had basic civil rights, and amazingly, we still live in a world where some women don’t have them.

But all that aside, we still have a problem, and it’s a real problem. And the problem is this: Women are not making it to the top of any profession anywhere in the world. The numbers tell the story quite clearly. 190 heads of state — nine are women. Of all the people in parliament in the world, 13% are women.

In the corporate sector, women at the top, C-level jobs, board seats — tops out at 15%, 16%. The numbers have not moved since 2002 and are going in the wrong direction. And even in the non-profit world, a world we sometimes think of as being led by more women, women at the top: 20%.

We also have another problem, which is that women face harder choices between professional success and personal fulfillment. A recent study in the U.S. showed that, of married senior managers, two-thirds of the married men had children and only one-third of the married women had children.

A couple of years ago, I was in New York, and I was pitching a deal, and I was in one of those fancy New York private equity offices you can picture.