Women are underrepresented in leadership roles and are less likely to be promoted than their male peers, according to a report from LeanIn.Org and McKinsey. Part of the problem is that women continue to deal with negative perceptions when they negotiate and ask for opportunities, writes Facebook Chief Operating Officer Sheryl Sandberg.
Female board members often have valuable expertise in key areas such as risk management, sustainability and human resources, finds research by Daehyun Kim of the University of Toronto. "The quality of group decision-making is enhanced with diverse opinions," he said.
S&P 500 companies led by female CEOs tend to outperform the index as a whole, finds an analysis by Bloomberg. Meanwhile, research from Credit Suisse finds that companies led by women produce a return on equity 19% higher than those led by men.
Twenty-seven S&P 500 companies are now led by female CEOs, up from just over 20 last year, research shows. However, that means women lead just 5.4% of these companies, and female CEOs tend to have shorter tenures than their male counterparts.
Applications increased for full-time, one-year MBA programs and several other program types, 2016 Graduate Management Admission Council data show. Conversely, full-time, two-year MBA programs experienced declines.
Nine out of 10 students who graduated with an MBA or other master's degrees in business say their degree has had a positive effect on their career, according to a survey by LinkedIn and Carrington Crisp. Graduates with a specific goal, such as making more money or advancing their career, were most likely to say they were satisfied and successful.
Every job seeker must have critical thinking and social skills and a passion for their industry to impress potential employers, writes Jeffrey Kudisch. Other important qualities include the ability to improvise during interviews and think outside the box.
Forté MBALaunch is a hands-on, 10-month program for women planning to pursue an MBA degree. MBALaunch provides guidance, resources and ongoing feedback on the application process, including a one-day launch event, monthly webinars, peer group meetings and one-on-one feedback from an experienced adviser. The program will be held in Boston, Chicago, Houston, Los Angeles, London, New York, San Francisco, Toronto and Washington, D.C. Apply now.
Whatever beginning goals you set for yourself, following through on them will build momentum and a sense of achievement -- and those small successes will point the way to bigger ones.
Pamela Glass Kelly, writer
About Forté Foundation
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.
Learn more at