Women on the List

What do Queen Elizabeth II, J.K. Rowling and Oprah Winfrey have in common?

Answer: They're all on Forbes magazine's July 28 list of The World's 100 Most Powerful Women.

The women on Forbes "power rankings" are chosen according to three elements. There's the resume (a prime minister trumps a senator). There's the size of the economic sphere over which a leader held sway (large national treasuries and corporate coffers count for more than smaller ones). And then there are the blips on the media radar, which Factiva, a Dow Jones company, tallied for Forbes.

Like all lists--top 100 movies, top 100 books, top 100 cities--this has an inherent taxonomic interest. After all, we all want to know who's who and what's what so it's instructive to know that Forbes--aided by Catalyst, the women's business research outfit, Laura Liswood, secretary general of the Council of Women World Leaders, and Elizabeth Ryan of Worldwit, a women's business group--thinks Condoleezza Rice leads the pack of alpha females. And who knew that Susan Berresford, president of the Ford Foundation, would pop up in 93rd place?

The list also includes women who are partners of powerful men, such as Laura Bush (No. 46), Cherie Booth Blair (No. 62) and Queen Rania of Jordan (No. 80).

It's also interesting--in the ghoulish way of reality TV elimination shows--to see who's disappeared since Forbes compiled the list for the first time in 2004. Gone now is Megawati Sukarnoputri, the former president of Indonesia, who lost her re-election contest in September 2004. Carleton (Carly) Fiorina, forced to resign as the head of Hewlett-Packard this past February, is also off the list.

Assessing Power the Old-Fashioned Way

But the odd thing about a list like this, which assesses power the old fashioned way--by economic clout and media attention--is that it mainly serves to show how few women are actually at the pinnacles of power.

To test this theory, just cast your eye over the top 10:

Condoleezza Rice, U.S. Secretary of State

Wu Yi, vice premier and minister of health, China

Yulia Tymoshenko, prime minister, *Ukraine

Gloria Arroyo, president, the Philippines

Margaret Whitman, CEO, eBay

Anne Mulcahy, CEO, Xerox

Sallie Krawcheck, CFO, Citigroup

Brenda Barnes, CEO, Sara Lee

Oprah Winfrey, chair, Harpo

Melinda Gates, co-founder, The Bill and Melinda Gates Foundation

Men Dominate the Media

Women's media profile, in fact, is so low that if this were a list of the world's most powerful people--male or female--very few on this list would make the lineup, since men dominate the airwaves and newspapers to such a profound degree.

For years, study after study has put newspaper front-page mentions of women in a range of between 20 percent and 25 percent, with women having less visibility in business and sports sections, somewhat more in metro and lifestyle pages.

Television, particularly Sunday morning talk shows where influential newsmakers appear, also tends to bypass women, even those of the stature on the Forbes' list. And a female newsmaker on the cover of Time, Newsweek, and U.S. News and World Report is still a rarity.

At the end of the day, what's most intriguing to me about this list of supposedly highly visible and economically powerful women is how many names I don't recognize and believe I should.

There are women such as Helen Clark, prime minister of New Zealand (No. 24), Mary Sammons, CEO of Rite-Aid (No.27), on whose pharmacies I depend, Ann Moore, chair and CEO, Time, Inc., (No. 38) and Nancy Barry, president of Women's World Banking (No. 98).