Nine years ago, we came to grips with the fact that women at Deloitte were on the march—out the door. In 1991, only four of our 50 candidates for partner were women, even though Deloitte & Touche—America’s third largest accounting, tax, and consulting firm at the time—had been heavily recruiting women from colleges and business schools since 1980. Not only that. We also found that women were leaving the firm at a significantly greater rate than men.

A version of this article appeared in the November–December 2000 issue of Harvard Business Review.