Case 15.1: The Glass Ceiling
Case synopsis and analysis
Lisa Weber is an intelligent and determined senior portfolio manager at a Wall Street firm.
Clients give her the highest commendations for performance; she has brought in the largest
number of new clients at her firm; and other employees regularly turn to Lisa privately for advice
and counsel on market performance. The CEO, Michael, does not recognize Lisa’s strengths and
speaks down to her.
Lisa yearns to make partner and was particularly frustrated when a male peer, who does not
perform as well as Lisa, was recently promoted. Lisa approached her boss about this and asked
Learning objectives:
1. Students will recognize gender prejudice and understand how it influences a woman’s
ability to excel.
Answers to questions in the text:
1. What advancement barriers did Lisa encounter?
Lisa encountered gender bias and prejudice. One prominent explanation for the leadership gap
revolves around gender biases stemming from stereotyped expectations that women take care
and men take charge (Hoyt & Chemers, 2008). Stereotypes are cognitive shortcuts that influence
the way people process information regarding groups and group members. People assign
2. What should the firm’s top executives, including Michael, have done differently to retain
Lisa?