More than 40 business leaders attending the MAKERS Conference publicly pledged to help women advance in the workplace. The companies represented included Adobe, Aetna, Mattel, Microsoft, National Geographic, Unilever and Univision, and the pledges were specific to the organizations.
Women comprise 60% of chief HR officers at the top 100 US companies by revenue and the majority of HR executives named in 2017, according to Russell Reynolds Associates data. Only seven of those 100 largest companies have a woman as CEO.
The personal styling service Stitch Fix went public last year in what was the only female-led technology IPO of 2017. In this interview, founder and CEO Katrina Lake discusses the future of retail, how she got her start and the challenges her company has faced.
Asset manager BlackRock has written to small-cap firms on the Russell 1000 index that have fewer than two women at board level. "Irrespective of a company's industry, location or size, we believe that a lack of diversity on the board undermines its ability to make effective strategic decisions," the letter to the firms said.
Women accounted for just 18.4% of replacement CEOs that US-based companies announced last year, according to a Challenger, Gray & Christmas report. "Studies have shown that more women in leadership positions correlates to higher profits and better stock performance," noted Andrew Challenger, vice president at the company.
Some business schools are using scholarships and mentoring to recruit women for MBA programs. The Graduate Management Admission Council found financial concerns are a top barrier to women entering school.
Raise your chances of getting a summer internship by staying prepared, showing up for networking sessions and attending relevant conferences, MBA students say. Find the right position by looking for a company that is aligned with your values and that will allow you to gain important skills.
Your cover letter should be tailored to the job you're applying for, writes Daniel Kline. Use specific examples that draw on your experiences, and allow some of your personality to shine through, he writes.
Forté Foundation is a consortium of leading multinational corporations,
top business schools in the U.S. and abroad, and the Graduate Management
Admission Council (GMAC). Forté has become a powerful change agent directing
women towards leadership roles in business and enabling corporations to more effectively
reach and retain top female talent. It is the only organization that provides a national
infrastructure for women at all stages of the career continuum to access the information,
scholarship support and networking connections they need to succeed in business careers.
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