Why aren't there more female leaders? | Mary Barra on how to thrive in a new role | 3 components of executive presence
January 28, 2015
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Why aren't there more female leaders?
Women remain underrepresented as CEOs despite the fact that four-fifths of respondents to a recent Pew survey said men and women are equally effective as leaders. "It's not that the public thinks women aren't qualified. The public is really pointing to deeper societal barriers," said Kim Parker of Pew. More than half of female respondents said they are held to different standards than their male peers, and 65% of women said they are discriminated against. Los Angeles Times (tiered subscription model) (1/14), The Wall Street Journal (tiered subscription model)/Real Time Economics blog (1/14)
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Women and Leadership
Mary Barra on how to thrive in a new role
When stepping into a new position, focus on the customer as you make decisions, writes Mary Barra, CEO of General Motors. Also, pay attention to what the people around you have to say and be willing to adapt along the way. "[A] big part of leadership is being able to look over the horizon and anticipate the changes to come," she notes. LinkedIn (1/21)
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3 components of executive presence
Female leaders need to convey gravitas, polish their communication skills and know that appearance matters, says Sylvia Ann Hewlett, economist, consultant and co-director of the Women's Leadership Program at Columbia Business School. These are components of executive presence, or "projecting potential and being seen as leadership material," she says. Forte Foundation/Business 360 (1/23)
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How to manage office politics
Many women view office politics as uncomfortable yet unavoidable, writes Kathryn Heath, a principal at Flynn Heath Holt Leadership. You can handle difficult situations by planning, relying on the advocacy of your peers and recognizing that political situations don't have to be personal. "The female executives we know who can look upon politics like a game -- win some, lose some -- tend to be more resilient and have smarter responses when a political interaction takes them by surprise," Heath writes. Harvard Business Review online (tiered subscription model) (1/14)
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Helping women speak up at work
Research suggests that women in the business world may face a backlash when they share their ideas, write Facebook executive Sheryl Sandberg and professor Adam Grant. Companies can overcome this problem by helping more women move into leadership roles, encouraging them to participate and using innovative strategies to overcome bias. The New York Times (tiered subscription model) (1/12)
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MBA Outlook
Where MBA salaries are headed in 2015
About half of companies plan to increase salaries for new MBA graduates this year to keep pace with inflation, and 18% expect to raise pay beyond that, according to a survey conducted by the Graduate Management Admission Council. Seventy-two percent of respondents are planning to hire employees with MBAs in 2015, up from 69% of employers who said the same thing last year. Bloomberg Businessweek (1/7)
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MBAs eye Silicon Valley jobs
Graduate-level business students are beginning to turn away from Wall Street jobs, choosing instead to pursue roles with startups. Business schools are responding with programs that cater to this trend. Yahoo (1/7)
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From College to Career
Put in the effort to catch an employer's attention
Candidates looking to land a job should develop a concise "elevator pitch" highlighting how they can help a particular organization, MIT career development specialist Lily Zhang advises in this blog post. Job seekers also should do research on a company, prepare their materials and look for people within the company to help them get an interview, Zhang writes. TheMuse.com (1/19)
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It may be necessary temporarily to accept a lesser evil, but one must never label a necessary evil as good."
-- Margaret Mead,
American cultural anthropologist
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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 www.fortefoundation.org.
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