Post by Allison O'Neill, contributing Women On Business writer Here is an article with statistics that prove (again!) that bosses are long overdue an overhaul! They really need to try something new – as their current approach is definitely not working. This article states that employees don't trust CEO's and senior managers. It's rather blatant statistics say that: … [Read more...]
Women, White Knights and Bullies – Navigating The Path to Leadership
Post by Patricia Hewitt, contributing Women On Business writer Last week, I shared with you a story about how nature trumps nurture and discussed the natural leadership skills all women possess. Yet, these powerful natural abilities can also be our worse enemies; tell me if this situation sounds familiar to you: You’ve worked hard and contributed a great deal to the … [Read more...]
Macy’s Adds Fourth Woman to 11-Member Board
Macy's Inc. (NYSE: M) has increased its board of directors from 10 members to 11 by appointing Deirdre Connelly to its board of directors. Ms. Connelly is the president of Lilly USA, a division of Eli Lilly (NYSE: LLY). Macy's CEO Terry Lundgren stated that Deirdre Connelly's presence on the company's board of directors will help develop strategies in the Hispanic … [Read more...]
National Women’s Business Council Appoints New Leader
Sandy Bartow has been named the new leader of The National Women's Business Council. In her new role, Sandy will act as advisor and counsel to the President of the United States, Congress and the U.S. Small Business Administration. The 15-member board of The National Women's Business Council that Sandy will lead consists of female business owners and their representatives … [Read more...]
Are Quotas for Businesswomen Managers & Executives Useful?
Norway implemented a quota system related to the ratio of males and females in Norwegian companies' boardrooms, and those companies have until January 31, 2008 to comply by ensuring at least 40% of their board members are women. If Norwegian companies don't comply, they'll face legal action. Quotas have long been the subject of debate related to equal opportunity … [Read more...]
The Chicago Network Releases ‘Women Mean Business’ Census Report
Yesterday, The Chicago Network released its 2007 Chicago Network Census report, Women Mean Business. The Chicago Network is an organization of the Chicago area's leading professional women, and their annual Chicago Network Census report tracks the representation of women in key leadership positions (e.g., board members, executive officers and top earners) based on prior … [Read more...]
50 Fastest-Growing Women-Led or Women-Owned Businesses
First, a big thank you to Gayla McCord at MomGadget for giving me the heads up about this topic. Entrepreneur magazine and Women President's Organization teamed up to create a list of the 50 Fastest-Growing Women-Owned or Women-Led Companies, and the final list of the Fastest 50 appears in the November 2007 issue of Entrepreneur as well as on the Entrepreneur … [Read more...]
Female Executives Weigh In On Hillary Clinton
A recent Wall Street Journal and NBC News poll shows that female executives earning $75,000 per year or more have less favorable feelings toward Hillary Clinton and her presidential run than women earning lower salaries. In an article published on The Wall Street Journal Online today, Carol Hymowitz notes that while women are getting their fair share of middle-management … [Read more...]
Women In Business Still the Minority
Despite the growing number of women obtaining advanced degrees in business, the gender gap between men and women in executive positions is actually growing according to a study by the London Business School's Lehman Brothers Center for Women in Business. The study researched 100 'knowledge workers' in 21 companies across 17 countries and found the following to be true: … [Read more...]
More Men in Executive Positions than Women: 10:1 Ratio
According to a study released in October by the UC Davis Graduate School of Management, women are grossly under-represented in executive positions and board seats. Of course, this comes as no surprise, but it's good to see these statistics being officially and publicly released. UC Davis Graduate School of Management and the Forum for Women Entrepreneurs and Executives … [Read more...]