Many working women have the education and talent but still struggle to cross the chasm to their company's corner office.

One reason is that on their way there, they begin to search for the mythical balance, according to Teresa Taylor, the former chief operating officer of Qwest Communications and the author of The Balance Myth: Rethinking Work-Life Success.

"They cannot find it because it does not exist and they believe the only answer is to leave or step back in the journey," said Taylor, who currently serves as a board member for the $7.3 billion First Interstate BancSystem Inc. in Billings, Mont.

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