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May 23, 2012
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  Top Story 
  • Jack Welch is behind the times, say female leaders
    Former GE chief Jack Welch stirred up trouble this month by telling a group of high-powered women that they should work harder and sacrifice their family life if they wanted to achieve their career goals. The assembled leaders took particular umbrage at Welch's suggestion that gender-blind appraisal systems mattered more than programs for encouraging gender diversity. Former White House press secretary Dee Dee Myers noted, "If objective performance measures were enough, more than a handful of Fortune 500 senior executives would already be women." The Wall Street Journal (5/4) LinkedInFacebookTwitterEmail this Story
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  Women in Focus 
  • Alumna share stories of being the first women in b-school
    As one of the first women to attend the full-time MBA program at Harvard Business School, Sharon Baum had to deal with the lack of bathrooms and other facilities for female students. In this article, Baum and other women share their experiences as pioneers at previously all-male business schools. Despite the obstacles they faced, they say getting a business education was worthwhile. "The MBA was key to all my career moves," said Hélène Ploix, who attended Insead in France. The Globe and Mail (Toronto)/Financial Times (5/8) LinkedInFacebookTwitterEmail this Story
  • Growing number of women pay alimony, child support
    Many attorneys report that more women are paying alimony and child support to their former spouses after a divorce, according to the American Academy of Matrimonial Lawyers. "It shows that women have really moved up financially and that in many instances they are the major bread winners in a lot of families," said Alton Abramowitz, the academy's president-elect. The Daily Mail (London) (5/10) LinkedInFacebookTwitterEmail this Story
  • Study: Female CEOs are viewed more negatively
    Research suggests that people may view female CEOs more negatively than their male peers. Participants in a university study viewed a company less favorably when they were told that its CEO was a woman. "We don't want to point fingers and say there's overt discrimination, but we think there are other biases that may trip up valuations, and this one has significant social welfare impact," said Lyda Bigelow of the University of Utah. The Wall Street Journal/Venture Capital Dispatch blog (5/3) LinkedInFacebookTwitterEmail this Story
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  Forté Foundation News 
  • 2012 Forté MBA Women's Conference
    Exclusively for MBA Women at Forté sponsor schools, this must-attend event taking place June 29 to 30 in Los Angeles will help define the shape of things to come as women cross the tipping point in influence, power and leadership. Register now. LinkedInFacebookTwitterEmail this Story
  • 2012 Forté Financial Services FAST Track Conference
    Interested in a career in financial services? Get on the fast track and gain valuable insight into this exciting industry. The Financial Services FAST Track Conference June 4 to 5 in New York City provides an opportunity to explore the exciting world of Finance and the diverse career opportunities available in this industry. Apply now. LinkedInFacebookTwitterEmail this Story
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  Workplace Update 
  • 5 networking tips for MBA students
    Networking is key for securing a position after graduation, writes Roxanne Hori of Northwestern University's Kellogg School of Management. You should separate your contacts into two groups: those who are essential to your job-search process and those who have less direct, but still useful, connections, she writes. Create a quick pitch that you can use to introduce yourself, and thank everyone after you find a position, she recommends. Bloomberg Businessweek/Getting In blog (5/9) LinkedInFacebookTwitterEmail this Story
  • Gender diversity adds to the bottom line, research shows
    A company with both men and women at the top can be more profitable, according to separate research by McKinsey and Catalyst. "With a balance of masculine and feminine approaches, the organization gets more of the strengths and less of the downsides of each," writes business consultant Caroline Turner. "And there is more likely to be a balance with both men and women at the top." Forbes/WomensMedia (5/7) LinkedInFacebookTwitterEmail this Story
  • Report: Older women are underpaid, pushed out of the workforce
    The wage gap between genders tends to be wider among older people than among their younger counterparts, according to a study. Also, older women are more likely to be underemployed than older men, according to the study. "We just have a long history of discounting older women as productive workers," according to Margaret Huyck of the Older Women's League National Board. ABC News/Consumer Report blog (5/10) LinkedInFacebookTwitterEmail this Story
  • Work depression touches men and women differently
    Women were more likely to be depressed if they were not properly appreciated or rewarded on the job, while men were more likely to suffer depression when work stress was high, Canadian researchers found. The study by the University of Calgary in Alberta also found that men's depression risk rose when family interfered with work, and women's when work conflicted with family. The study appears in the American Journal of Epidemiology. (5/10) LinkedInFacebookTwitterEmail this Story
  • Why an MBA should include lessons in social media
    Many top business schools don't prepare their students to work with social media after they graduate, writes Michael Kempner of MWW Group. "We're facing a social media skills gap that can have serious implications, not just to a company's reputation, but to its long-term growth, and ultimately, our national competitiveness," he writes. It's important for business leaders to be aware of the platforms available and to gain an understanding of the analytics involved. The Huffington Post (5/10) LinkedInFacebookTwitterEmail this Story
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  • KeyCorp's Mooney discusses career challenges for women
    Beth Mooney, chairwoman and CEO of KeyCorp, met resistance in her climb to the top and faced criticism for being "too prepared." Mooney, who discusses obstacles for women in the workplace in this Q-and-A, credits "the willingness to take the ugly job, to fix the thing that's not working" for some of her success. The Wall Street Journal (5/7) LinkedInFacebookTwitterEmail this Story
  • High-performing businesswomen build effective teams
    Successful business owners are adept at finding the right people and providing them with the proper support, writes Geri Stengel. Jennifer Smith of Innovative Office Solutions said, "The key to our growth has been to hire great people and then empower them to make a positive difference every day with our customers and vendors." Women may be especially skilled at building effective teams. Forbes (5/16) LinkedInFacebookTwitterEmail this Story
  • Female CFOs share their stories from the road to success
    Check out these profiles of three female CFOs who embraced risky career moves to make it to the top. They include Fannie Mae's Susan McFarland, Erie Indemnity's Marcia Dall and Novartis' Meryl Zausner. "Sometimes we don't take on risky situations that have wonderful possibilities, because we're afraid of the downside," McFarland says. CFO Magazine (5/2012) LinkedInFacebookTwitterEmail this Story
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You can be pleased with nothing when you are not pleased with yourself."
--Lady Mary Wortley Montagu,
English writer and aristocrat

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