Good morning! Gisèle Pelicot’s daughter filed a rape case against Dominique Pelicot and releases her book, big law firms are the next target of Trump’s anti-DEI agenda, and P&L responsibility is critical—but it can come too late.
– Never too late? Seventy-one percent of women leaders have held P&L (or profit and loss) responsibility at some point in their careers, according to a new survey by the leadership advisory firm Spencer Stuart. The issue is, many women are getting that responsibility too late for it to have a meaningful impact on their career trajectory.
P&L responsibility is a key qualifier for most senior leadership roles including CEO, demonstrating the ability to drive revenue, manage budget and headcount, and own a business unit. Non-P&L roles—in operations or human resources, for example—are a less traditional trajectory to the very top. Spencer Stuart defines P&L roles as coming with broad exposure to the business, more visibility, and more risk.
