Advancing Women in the Workplace

This report shares key insights from Dr. Betty Spence, Seramount’s Head of Women’s Advancement, on the critical factors influencing women’s career progression. She emphasizes five main strategies: understanding career paths early, seeking sponsors in addition to mentors, taking calculated risks, performing beyond expectations, and increasing visibility. Seramount data from its 2023 Top Companies for Executive Women highlights that 87% of top firms offer formal sponsorship programs, and nearly one-third of participating women earned promotions. Dr. Spence urges organizations to equip women with clear pathways to leadership roles—especially P&L positions—and create environments that support psychological safety, risk-taking, and recognition for women’s achievements.