How business schools can promote women's leadership | Women are changing the way we think about leadership | Meet Morgan Stanley's top "gender champion"
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March 26, 2014
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How business schools can promote women's leadership
Business schools have a key role to play in helping more women prepare for leadership roles, writes Mary Lea McAnally, associate dean for graduate programs at the Mays Business School at Texas A&M University. The school, which has a series of classes and women-only seminars, is one of a number of institutions that is trying to make strides in preparing women for leadership. "The steps we take today will ensure that our children grow up in an era when qualified women fill the highest political, civic and corporate leadership positions in the land," McAnally writes. American City Business Journals/Houston/Houston BizBlog (3/17)
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Leadership at Work
Women are changing the way we think about leadership
Our understanding of leadership is evolving, with the best bosses now seen as those most able to bring out the best in others, writes Sally Helgesen. That shift coincides with the rise of women in the workplace, Helgesen argues. "[T]his shift has occurred at least partly because women have become profoundly interwoven into the fabric of most organizations and have increasingly assumed positions of authority and influence," she writes. Strategy+Business online (free registration)/Organizations & People blog (3/7)
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Meet Morgan Stanley's top "gender champion"
Keeping a career on track after a third time on maternity leave is a big challenge, says Cecile Houlot-Hillary, co-head of debt capital markets for financial firms at Morgan Stanley. She draws on that experience as "gender champion" on Morgan Stanley's Diversity Advisory Council, and she works to help the bank retain and promote talented women. "Retaining employees with high potential is obviously a priority for us. Moreover, Morgan Stanley sees diversity as an opportunity to better serve our clients by bringing diverse perspectives to the table," she says. Reuters (3/10)
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Study: High-powered women clarify their goals, accept responsibility
Organizations still aren't doing enough to support female leaders, writes M. Ellen Peebles, but some women are finding ways to get ahead. Women who manage to climb to the top tend to take time to clarify their long-term goals and are willing to accept the consequences of their choices, according to a survey of 60 female executives. In addition, these women often make an effort to help other women reach their potential. Harvard Business Review online/HBR Blog Network (3/18)
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Leadership lessons from women who faced their fears
In recognition of International Women's Day, which was this month, it's worth studying the examples set by visionary women such as Lori Garver, who climbed through the ranks of NASA, and Julia Gillard, who was the first woman to become prime minister of Australia. Their examples illustrate the importance of speaking out, facing your fears and moving on from failure, writes leadership coach Margie Warrell. "Great leaders don't lead because of the power they have been given, but because of how they've used the power that's always resided in them," she writes. Forbes (3/6)
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Forté MBA Women's Leadership Conference
Los Angeles, Calif. • June 20-21
How can you leverage substance, style and opportunity to propel your career? It takes more than "what you know" to sell yourself and your ideas. Join us at the MBA Women's Leadership Conference to explore the nature of confidence as it relates to navigating your business career. If you are an MBA woman currently attending one of Forté's 42 sponsor business schools or enrolling in fall 2014, this conference is for you! Get more information and register.
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From College to Career
How tired jargon can doom a job search
Using cliche terms such as "go-getter" and "think outside the box" on resumes and cover letters can doom a job search, advises Rosemary Haefner, vice president of human resources at CareerBuilder. She recommends candidates use clear terms such as "achieved," "improved" and "created." "Subjective terms and cliches are seen as negative because they don't convey real information," she says. CBS MoneyWatch (3/13)
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Conquer LinkedIn by following this road map
To get the most from LinkedIn, you will need a complete profile, a robust network and a high LinkedIn search ranking, writes Cheryl Simpson, who offers a checklist of everything you'll need to do to achieve these things. "One of the benefits to this social networking platform is that you can literally build a network from scratch in weeks to months," she writes. (3/19)
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MBA Outlook
Some MBAs break tuition-sponsorship deals to pursue new jobs
Some companies offer to pay for their employees to attend business school in exchange for guarantees that those employees will work for them for a few years after graduation. Now that the job market is improving, however, some students are opting to break these deals and cover the tuition costs on their own. "The choice of what you do after business school should be based on what you want to do long term, rather than short-term economics," said one student, who took a job with a private-equity firm rather than returning to Boston Consulting Group. The Wall Street Journal (tiered subscription model) (3/5)
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Tech industry proves attractive for MBA students
Some MBA students in the New York City area are exploring opportunities in the tech industry after graduation rather than seeking jobs on Wall Street. "There is a very large need for MBAs who can understand business problems, consumer needs, internal business issues and technological solutions," said Doug Stayman of Cornell University, which has a one-year digital-economy MBA program. Crain's New York Business (3/18)
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Survey: Recent MBA grads are interested in entrepreneurship
Many recent MBA graduates are more inclined to start their own companies, according to a global survey by the Graduate Management Admission Council. They also have an increasing interest in sectors such as consulting, the survey found. The Times of India (3/17)
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Women of the World
Record 172 women named to Forbes' billionaires list
Christy Walton, who controls a share of the Wal-Mart fortune, is the richest woman in the world, according to Forbes' list of billionaires. The latest version of the list includes a record 172 women, which is a 25% increase from the previous year. In all, women held about 10% of the spots on the list. The Guardian (London) (3/3), Forbes (3/3), Forbes (3/24)
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"Ban Bossy" campaign faces a backlash
Sheryl Sandberg's "Ban Bossy" campaign has the support of Condoleezza Rice, Beyonce and the Girl Scouts -- but should we really be trying to ban the word "bossy" from our speech? Critics say banning the word won't fix what holds back women from leadership positions, and that girls need other forms of help and encouragement. The New Yorker (free content)/Daily Comment blog (3/14)
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Opportunity is sometimes hard to recognize if you're only looking for a lucky break."
-- Monta Crane,
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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
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