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November 28, 2012
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News to get ahead and get connected

  Top Story 
  • How can more women get on corporate boards?
    Corporate boards are still dominated by men, with only a small percentage of seats at Fortune 500 companies being held by women. However, women may be able to work their way onto corporate boards by focusing on networking, according to Christine Westland of Brocade. Before joining a board, make sure it's a good fit for you, she advises. "[Y]ou never want to join the board feeling like you would be the token woman," she said. "Ideally you join because you have the relationships and because the board members value your ability to contribute." Forbes (11/14) LinkedInFacebookTwitterEmail this Story
  Leadership at Work 
  • Study: Lack of women in critical positions hurts pay equality
    Women aren't earning as much as men because they don't get the most in-demand jobs -- positions involving global travel or those that are profit-crucial and high-profile -- a Catalyst study says. Many companies are providing leadership training, especially to women, but "sponsorships" from key players are more important, the study says. The Washington Post (11/14) LinkedInFacebookTwitterEmail this Story
  • Is Martha Stewart damaging her business empire?
    Martha Stewart holds almost 90% of shareholder voting rights in Martha Stewart Living Omnimedia, but critics say she's too often failed to put the company's health before her personal interests. The company's share price has collapsed in recent years even as Stewart has collected a sizable salary and billed the company for expensive perks. "The flaw is, she's not a manager. She's a brand icon. She's a visionary. But she's not a CEO," says one confidant. The New York Times (tiered subscription model) (11/9) LinkedInFacebookTwitterEmail this Story
  • How leaders can overcome their fears
    Many bosses have fears that hold them back, writes Mary Jo Asmus. Overcoming them requires having a clear moral compass and using that conviction to work past jitters. "If you are a leader who has a solid value system in place ... fear becomes a non-issue," Asmus writes. (11/26) LinkedInFacebookTwitterEmail this Story
  • Women become aerospace and defense high-fliers
    Women are taking on leadership positions at traditionally male-dominated aerospace and defense firms, including the CEO posts at Lockheed Martin and General Dynamics. That's unlikely to greatly affect business strategies, but could make it easier for female engineers and managers to rise through the ranks. "[W]hile the glass ceiling in aerospace and defense may not have been entirely shattered, it's certainly become more transparent," said Marion Blakey, Aerospace Industries Association's CEO. Los Angeles Times (tiered subscription model) (11/20) LinkedInFacebookTwitterEmail this Story
  From College to Career 
  • How students can use social media to get ahead
    In this blog post, writer Meagan Cook suggests that now is the time for college students to learn to use social media effectively to improve their chances of landing a job after graduation. Cook offers 10 tips for students interested in making the most of their social media profiles, such as being genuine, connecting to people working in fields of interest and using social media to search for jobs. She also suggests students stay semi-professional online and involved in online conversations. B2C Marketing Insider (10/30) LinkedInFacebookTwitterEmail this Story
  • A 5-step process to help graduates create a budget
    As recent college graduates transition to the real world, one important step in that process is creating a budget. In this blog post, columnist Sabah Karimi offers a five-step process to help graduates craft a budget in 30 minutes or less. It includes listing income sources, identifying fixed expenses and new expenses, setting aside money for savings, thinking about variable expenses and selecting tools to use to manage a budget. U.S. News & World Report/My Money blog (11/12) LinkedInFacebookTwitterEmail this Story
  MBA Outlook 
  • A data-fueled look at the MBA experience
    Members of the MBA class of 2012 applied to an average of 3.7 programs, and 82% of them got a job offer by the time they graduated, data show. More than one-quarter of graduates in the class went into consulting; meanwhile, interest in the financial industry has waned. Detailed salary information shows the variation that exists between and within schools. For example, graduates of Harvard Business School make an average of about $124,000, but those in financial services make about $60,000 more than those who work at nonprofits. Bloomberg Businessweek/Getting In blog (11/19), Bloomberg Businessweek/Getting In blog (11/16) LinkedInFacebookTwitterEmail this Story
  • Make yourself an admissions interview "STAR"
    If one of the business schools to which you applied has invited you to participate in an interview, you can begin to get ready by reviewing your application, writes Stacy Blackman. It's a good idea to practice answering questions using the STAR method, which allows you to highlight a past experience by talking about the situation you faced, the action you took and the result you achieved. "You need to be prepared to elaborate, but just start with the basic elements of your story," Blackman advises. U.S. News & World Report/MBA Admissions: Strictly Business blog (11/2) LinkedInFacebookTwitterEmail this Story
  Women of the World 
  • 4 retirement-planning hurdles women must overcome
    Women generally have fewer funds saved for retirement, which is especially problematic considering that their life expectancy is also longer, writes Eve Kaplan. More women are becoming the primary earners in their households, but they generally lag behind when it comes to financial knowledge, she notes. "[P]rofessional input regarding retirement streams of income is critical for women since they run a higher risk of outliving their assets," she writes. Forbes/The Fee-Only Planner blog (11/8) LinkedInFacebookTwitterEmail this Story
  • Election is sending record numbers of women to Capitol Hill
    Women are heading to Congress in record numbers after the Nov. 6 election, including the first Asian-American woman to serve in the Senate, Hawaii's Mazie Hirono, and Iraq War veteran and triple amputee Tammy Duckworth. "The gains women have made this election are real, and they're here to stay. ... On critical issues like equal pay and access to health care, more women in Congress means an agenda that's better for American families," said the group Emily's List, which works to elect pro-choice women. CBS News (11/8) LinkedInFacebookTwitterEmail this Story
Don't measure yourself against other people; measure yourself against your own yardstick."
--Royale Scuderi, writing at

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