Lawmakers often have a background in the legal profession, but "understanding the dynamics of business would seem to be an equally crucial skill for legislators," writes Elissa Sangster, executive director of Forté. Rep. Abigail Spanberger, D-Va., who earned an MBA through a dual degree program, notes that her education "was all about learning how to think through problems from different perspectives."
The S&P 500 only has 24 companies led by women, but the stocks of 13 have outperformed the S&P as a whole during the CEOs' tenures, according to FactSet data. Notable outperformers include Gail Boudreaux of Anthem, Mary Dillon of Ulta Beauty, Michelle Gass of Kohl's, Marillyn Hewson of Lockheed Martin and Phebe Novakovic of General Dynamics.
Several high-profile female leaders shared their ideas about the things that matter in 2019, pointing to issues such as economic empowerment and equal pay for women. "We need to make sure women feel everyday bravery -- the courage to say the things that they want and to dream big and to leave imperfection aside," said Reshma Saujani, founder of Girls Who Code.
Gender progress has stalled at the leadership level because women are still constrained by a "double bind" of gender expectations, say Columbia University professor Katherine Phillips and Stanford University sociologist Shelley Correll. One of the challenges, they say, is persuading people to act toward a more equitable and diverse workplace even when that would mean giving up some power.
Companies that treat women and men equally tend to be more innovative, according to a study of workers in 27 countries by Accenture. The study considered several indicators of equality, including whether companies had diverse leadership teams and parental leave policies.
MBA programs that offer internships and other real-world experience are best for candidates seeking to enter nonprofit management, says Jonathan Westover, an associate professor at Utah Valley University's Woodbury School of Business. Judith Chevalier, a professor at the Yale School of Management, recommends candidates look for a school's track record in placing graduates with nonprofit organizations.
MBA applicants seeking to enter a business school's deferred admissions program should communicate a clear vision for their future career and highlight leadership and community-building skills, writes Matt Symonds, co-director of Fortuna Admissions. In this commentary, he offers a brief review of several popular deferred MBA programs.
You'll have a better idea if promises about a company's culture are true if their website and blogs offer specifics about values, writes Andy Talajkowski. Request a tour of the office, consult former and present employees about their experiences, and research online employee reviews and employer rankings.
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.
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