Work-family "balance" or "choice"?

In this piece from the Wall Street Journal, General Electric CEO, Jack Welch, pulls no punches in telling working moms that if they choose to spend more time with their families, they are likely giving up the highest levels of career advancement. Thus, he says, there is no such thing as work-family balance, only work-family choices.

He makes some valid points, but he takes his argument to an extreme and among the things he leaves out of his analysis is the fact that working fathers are equally susceptible to being “left back” for not being there "in the clutch,” as he puts it.

In fact, working fathers who spend "too much time" with their families may be even more stigmatized than working mothers, as it is less expected of them to leave work early for the ballet recital.

Do you think Welch's views are representative of today's corporate CEOs, or is he part of the old guard, being replaced by a younger generation of corporate leaders who are more attuned to the work-family balance needs of both men and women?