The number of women who have reached top management positions in the corporate world is significantly lower than their male counterparts. Three perspectives intend to explain the under representation of women in management positions. First, the person centered perspective analyses the individual in relation to the requirements for management positions; and explains that women's lack of managerial traits, competence and career aspirations are the main reasons for their slow advancement. The organization centered perspective examines how organizational practices and group dynamics may contribute to disadvantage women. The institutional perspective focuses on the impacts of societal and/or cultural values on the organization's perception of managerial women. Independent to the reasons of women's under representation in top management positions, organizations are increasingly aware of the need to attract and retain talent. In view of that organizations implement initiatives which may favour women's advancement