• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii

3

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii

3

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
MPWMost Powerful Women

5 Things Women Can Do to Become CEO of a Company

By
Jen Wieczner
Jen Wieczner
Down Arrow Button Icon
By
Jen Wieczner
Jen Wieczner
Down Arrow Button Icon
September 21, 2017, 8:57 AM ET
Add Fortune on Google for similar content.

Fortune unveiled its latest Most Powerful Women list on Thursday, naming the 50 top female executives in America.

The list includes marquee names such as Mary Barra of General Motors (GM) at No. 1 and Mattel (MAT) CEO Margo Georgiadis at No. 49. Twenty-six members of this elite group hold the CEO title, a rare feat in the world of business. (Women run only about 6% of Fortune 500 companies.)

So what does it take for a woman to ascend to the top of the corporate ladder? A forthcoming study by the recruiting firm Korn Ferry, in partnership with the Rockefeller Foundation, identifies several key factors.

In interviews with 57 female CEOs of Fortune 1000 companies—38 who currently hold the title, 19 who did recently—one particular commonality stood out: 65% of the women surveyed said they’d never thought about being a CEO until someone else told them they had that potential. And just 9% of the women said they’d always wanted to be CEO.

Those findings may come as a surprise to those who assume CEOs pursued that goal. But they also highlight one way women could break open the playing field and better compete for the top job at the world’s biggest companies.

Jane Stevenson, global leader for CEO succession at Korn Ferry, says she now asks other female executive clients—non-CEOs who might one day ascend up the ranks—one simple question: “Are you comfortable owning the power yourself, or do you need to support someone else’s power to have the most impact and to feel the most fulfilled?”

That question, which many of the women acknowledge they had never thought about before, could have real benefits for breaking the glass ceiling, Stevenson says. “To look at it as an actual indicator of potential CEO capability, instead of sticking to your knitting—it could create some very different outcomes for women,” she says. For example, one relatively young Fortune Most Powerful Women alum—Stevenson declined to name her—was thinking about retiring to serve on boards of directors. Stevenson’s question inspired her to stay in the game and try to land a CEO job “as opposed to calling it 10 years early,” Stevenson says.

The study also notes that women shouldn’t count themselves out for a CEO role just because they didn’t start out on that track. Of the four types of paths the 57 women (23 of whom work for Fortune 500 companies) took to the corner office, the least common route was the one where people knew early on—in college or shortly thereafter—that they wanted to get their MBA and move up the corporate ladder. Most female CEOs took less predictable paths to power.

Are you a woman who might want to be CEO some day? Here are some tips from the study that could help you keep that door open.

1. Skip Liberal Arts and Study STEM

Of the 57 female CEOs interviewed, 40% of them had college degrees in science, engineering, or math. That was double the share that studied either arts and humanities or economics and finance.

The STEM background helped the women prove they could hack it in a male-dominated field and “also had the added benefit of leading them into careers or jobs where results were very measurable, in black and white,” says Evelyn Orr, vice president and COO of Korn Ferry’s research institute. Objective metrics helped reduce the potential for gender bias to work against the CEOs, she adds: “The women self-reported: ‘They couldn’t not promote me—I had dollar signs next to my name!'”

GM CEO Mary Barra, for one, studied electrical engineering, and tells Fortune that the best advice she ever got came from her parents, “who encouraged me to work hard and pursue my early love of math.” Leanne Caret, the CEO of the Defense, Space, and Security division at Boeing (BA) and No. 30 on this year’s MPW list, also says that her high school sport of choice was math club.

2. Seek P&L Experience

While the ranks of women in the C-suite have swelled, the proportion of female CEOs at Fortune 500 companies has been relatively flat for years. So where’s the disconnect? According to the researchers behind the study, a differentiating factor is whether or not a female executive has experience owning a profit and loss statement.

Managing a budget or running a P&L is something women haven’t historically had access or encouragement to do. Yet for women who run Fortune 1000 companies, “the seminal experience that was pivotal across those was P&L leadership,” Stevenson says.

So when the opportunity arises, a woman should seize it—or at minimum look for roles where she can get hands-on with the financial side of the business. It’s more important than seniority or even face time with a company’s current CEO, Stevenson says. Running a P&L “is going to really be imperative to be considered as a CEO,” she says. “Don’t walk, run, for P&L experience.”

3. Shake Off Sexism

Another common trait of female CEOs: resilience. While many survey respondents noted that they had experienced sexism in their career, they all had strategies for overcoming it—whether by staying positive and upping their dedication in the face of detractors or by ignoring it and moving on. “They just didn’t get as hung up on that,” Orr says.

One CEO recalled a previous job in which she’d told her manager she hoped to make partner within five to 10 years, only to be told to erase it from her evaluation because it was “irresponsible” to have such an unrealistic goal on file with the human resources department. The woman began looking for a new job the next day.

Aetna (AET) president Karen Lynch—No. 21 on this year’s MPW list and a potential successor to the health insurer’s current CEO—echoed a similar attitude. In the running for a senior role, she was told in an evaluation “to avoid wearing pink because it made me look too ‘girlish,'” she tells Fortune. “I was told I was too short, too blonde, and my voice wasn’t deep enough.” She got the job anyway. “Ever since then, I’ve made it a point to wear pink,” she says. “If you are somewhere where you are not recognized and appreciated, find someplace, someone else, who does.”

4. ‘Package’ Yourself

Another important lesson for women? “Just getting the results isn’t going to be enough,” Orr says. Women can’t expect good work to automatically get them noticed as a candidate for promotion. They need to package themselves as a potential CEO—through networking with high-up executives and board members, seeking out mentors and advocates, and acting the part of a leader with team members and subordinates.

“We also just recommend: If you know you have an inkling of that ambition, say it out loud to somebody, because how else would they know?” Orr says.

Lynne Doughtie, CEO and chairman of KPMG U.S. and No. 36 on this year’s MPW list, offers similar words of advice. “Don’t wait for someone to tap you on the shoulder,” she tells Fortune. “Make your goals known and proactively develop relationships with those that can help get you there either in the form of mentors or sponsors.”

5. Be Ready to Say ‘Yes’

Then again, Orr notes, 65% of the female CEOs might never have gotten the job if someone hadn’t tapped them on the shoulder, because they’d never considered themselves eligible before. “But the response is really critical too,” she adds. ‘They needed to be ready to say, ‘Yes.'”

In fact, Stevenson says, many women were so surprised when they were asked if they wanted to be CEO that they answered in the following way: “Hm, I never thought about it. Let me think about it and get back to you.” In several cases, she adds, the women were told, “Don’t ever do that again.” They got the job anyway, but other women might not be so lucky. Don’t make the same mistake: “There is a readiness indicator,” Stevenson says.

About the Author
By Jen Wieczner
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in MPW

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in MPW

ice
PoliticsImmigration
ICE arrested a woman in a habit walking to mass, then released her after realizing she was a nun
By Valerie Gonzalez and The Associated PressJune 30, 2026
3 days ago
MacKenzie Scott (left); Elon Musk (right)
SuccessMacKenzie Scott
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: ‘Sadly,’ it makes the world a worse place
By Sydney LakeJune 29, 2026
4 days ago
swisher
Politicspodcasts
‘Podcasts are the NBA’: Scott Galloway on Kara Swisher’s big success — ‘there’s a small amount of people making a lot of money’
By Steven Sloan and The Associated PressJune 29, 2026
4 days ago
np
PoliticsColleges and Universities
Nancy Pelosi brings her legendary congressional knowhow to a new Berkeley institute with $35 million in funding
By Kevin Freking and The Associated PressJune 29, 2026
4 days ago
Illustration of a bomb with the Bitcoin logo printed on it, against an orange background.
CryptoCryptocurrency
Bitcoin down 20% since May as Strategy fallout spooks investors
By Camila Grigera NaónJune 26, 2026
6 days ago
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
SuccessMacKenzie Scott
MacKenzie Scott alone accounted for one-third of America’s $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
12 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
Success
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
22 hours ago
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
Success
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
By Emma BurleighJuly 2, 2026
14 hours ago
Current price of oil as of July 2, 2026
Personal Finance
Current price of oil as of July 2, 2026
By Joseph HostetlerJuly 2, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.