Women make gains, but there's still work to be done | More women are taking the GMAT, but inequalities remain: | Stress at work triggers emotional eating in women
 
March 28, 2012
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Women make gains, but there's still work to be done
More women are graduating from business school, but gaps in gender equality remain, writes Elissa Ellis Sangster, executive director of the Forté Foundation. Women make up about 30% of MBA classes, and only 4% of Fortune 500 companies are led by female CEOs, she notes. MBAs can provide women with some of the skills they need to overcome business obstacles, she writes. Forbes (3/8)
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More women are taking the GMAT, but inequalities remain:
Women made up more than 40% of test takes of the Graduate Management Admission Test last year, but a pay gap among graduates remains. Women with MBAs make 81% of what their male counterparts earn, according to the Graduate Management Admissions Council. Women represented more than half of GMAT test takers in China. Elissa Ellis Sangster, the executive director of the Forté Foundation, referred to the report as a "call to action" for the U.S. government and business community. MSNBC/Life Inc. blog (3/1), The Globe and Mail (Toronto) (tiered subscription model) (3/6)
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Women and Leadership
Stress at work triggers emotional eating in women
A Finnish study in the American Journal of Clinical Nutrition found that women who reported work burnout were more likely to experience emotional and uncontrolled eating behaviors compared with those who were not stressed at work. Study authors recommend addressing work burnout first and assessing eating behaviors in obesity treatment. Reuters (3/12)
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Are you the office mommy?
Dishing out relationship advice to colleague, bringing in cookies or taking care of the community marathon sign-up sheet are some of the ways women undermine themselves at work by sending out a "mommy" signal, Anita Bruzzese writes. "Learn to think like a man: Adults are capable of doing things for themselves, whether it?s getting a cookie or finding the 5K race sign-up sheet on the office wiki," she writes. The Fast Track (3/7)
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3 reasons it pays to be a woman-led startup
Some people in the startup world have misogynistic attitudes, but there are also some advantages to being a woman, writes Laura Smoliar of Peppertree Engineering. Smoliar notes she stands out from the crowd and that her business gets a lot of attention. "Overall, the benefits of being visibly different outweigh the downside," she writes. Inc. online (free registration)/Entrepreneurship for the Rest of Us (3/15)
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Other News
 
From College to Career
Hiring is on the rise for MBA graduates
Research finds that a greater percentage of 2011 MBA graduates were able to find jobs within three months of graduation than were members of the classes of 2009 and 2010. Seventy percent of business schools are also reporting an uptick in on-campus recruitment, according to the MBA Career Services Council. However, that figure is lower than the 76% of schools that reported increased in recruiting in 2010. U.S. News & World Report (3/19), Bloomberg Businessweek (3/1)
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Merit-pay systems favor men, research finds
When asked to distribute bonuses based solely on merit, male and female managers both tend to offer higher pay to men, writes Stephen Benard, who co-directed research on the issue. To combat such biases, companies should increase the "accountability and transparency of the process by which raises and bonuses are awarded," Benard writes. Harvard Business Review (tiered subscription model) (4/2012)
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Study: Talented men and women fare differently after job change
Star employees react to job switches differently based on their gender, writes Boris Groysberg, a professor of business administration at Harvard Business School. Groysberg, who has studied gender differences in employee performance, said women tend to perform well after a switch, while men's performance often declines. In this article, he outlines how companies can develop rising stars of both sexes. Harvard Business Review online (tiered subscription model)/HBR Blog Network (free registration) (3/8)
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Harvard, Stanford tie for first on list of best b-schools
Harvard University and Stanford University have the best business schools, according to a ranking compiled by U.S. News & World Report. The University of Pennsylvania's Wharton School came in third on the list. However, it's important to remember that rankings aren't the last word on business school quality, writes Linda Abraham, founder of Accepted.com. "Rankings are a good place to begin school research and an absolutely terrible place to end it," she writes. Bloomberg (3/13), Technorati (3/13)
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Other News
MBA Outlook
3 tips for C-suite success from a woman executive
Patricia Koopersmith, who became chief operating officer of Washington, D.C.-based consultancy The Clearing in 2011, learned that she had to alter her approach after entering assuming a leadership position. She discovered the importance of focusing on the big picture, viewing challenges as opportunities and inspiring others to achieve success. InPower Women (3/15)
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Charlotte Beers on a woman's place in an ad agency
JWT's first female vice president, Charlotte Beers, says that women in advertising will tend to withdraw "when the work is overwhelmed by the relationships and it's intensely competitive." Beers says her greatest lesson was to not take the criticism in the industry as a "personal indictment." Adweek (2/29)
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University of Minnesota's business school gets its second woman as dean
Sri Zaheer, who was selected as the dean of the University of Minnesota's Carlson School of Management, is only the second woman to lead the school. "I think increasingly we've seen so many women presidents and deans of educational institutions all over the country, so I don't think it is newsworthy anymore," she said. Bloomberg Businessweek (3/8)
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Study suggests women are better bosses than men
Men account for nearly two-thirds of all leaders, and eight out of 10 top bosses, write Jack Zenger and Joseph Folkman, but data suggests female bosses may be outperforming their male counterparts. Women were rated higher than men by peers, bosses, workers and direct reports, with the most senior female business leaders being ranked a full 10 percentage points higher on the researchers' good-leadership index than the top male CEOs. Harvard Business Review online (tiered subscription model)/HBR Blog Network (3/15)
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Forté Foundation News
Upcoming Forté Webinars in April and May
We have 2 exciting webinars in April and May for Forté Premium Members. Register today:

April 19 -- Making Mentoring Work: Creative and Leveraging Effective Mentoring Relationships -- Changes in career trends and conditions have made mentoring relationships even more important and relevant in today's work environment. But effective mentoring relationships don't just happen -- there are skills and strategies for successfully creating and leveraging mentoring relationships.

May 9 -- Forté Dialogue with Leadership -- Dina Powell, president of Goldman Sachs Foundation and Global Head of Corporate Engagement, and Lili Chahbazi, partner at Bain & Company, will share how they navigated the challenges and opportunities of rising to a position of senior business leadership. A Q&A session will follow their discussion.

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SmartQuote
I?ve never had a humble opinion. If you?ve got an opinion, why be humble about it?
Joan Baez,
American singer
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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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