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- More women seek MBAs, but there's still room for additional growth
Forté Foundation member schools had 31.2% female enrollment in 2010, up from 28.5% in 2005, according to Director Elissa Ellis-Sangster. "When you talk about other graduate programs like medical school or law school, you find much more of a 50-50 split in enrollment, so business school really feels like the next frontier in that regard," said Ankur Kumar, deputy director of the Wharton School's MBA admissions office. BusinessWeek.com/Getting In blog
(5/20)
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Why fewer women go for MBAs: While the number of women with master's degrees or higher has surpassed the number of men with those credentials, men continue to outnumber women in MBA programs. Forte's Elissa Ellis-Sangster says the economy has stalled some progress. "Until the economy took its toll, we were getting a 33% average among the 36 business schools that are members of the Forte Foundation," she said. "But when the economy is tough, women are a lot less willing to make the sacrifice to go to business school. They often chose local and regional MBA programs because life issues keep them from making the choice to uproot themselves and their families." Poets & Quants
(5/7)
Women in Focus | | |
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Women, companies need to work to close wage gap: Female college graduates last year received 17% less on average than their male counterparts when starting a new job, reports the National Association of Colleges and Employers. Women need to become better at negotiating salaries, and companies need to be more proactive in eliminating the pay gap, Jena McGregor writes. Meanwhile in the public sector, the Equal Employment Opportunity Commission is holding national forums in an effort to address the issue of female federal employees lagging behind their male counterparts in pay. The Washington Post/PostLeadership blog
(5/17), The Washington Post
(5/9)
- Companies with women at the helm post revenue gains
Companies founded by women or that have female CEOs are thriving, according to a report from the Women Presidents' Organization. Firms led by women had average revenue of $82.7 million in 2010, up from $45 million the previous year, despite continuing signs that female bosses struggle to attract investment capital compared with their male counterparts. Winning "venture capital and equity investors is a networking process, and it's harder for women to get into that network," said WPO founder Marsha Firestone. The Wall Street Journal (tiered subscription model)
(5/6)
- How to answer the coffee question and other career challenges
Women face a tough challenge in finding a balance between asserting themselves to fight for their ideas and career aspirations without coming off as too aggressive. "At the end of the day, you have to be genuine to yourself," writes Linda Zecher, who recounts several experiences from her professional life, including her reaction on being asked to make coffee her first day. Forbes
(5/10)
Forté Foundation News | | |
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Connect with the Forté Foundation via social media
The Forté Foundation is on Twitter, Facebook and LinkedIn. Connect with us to get more information on women's leadership in business.
Workplace Update | | |
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- Staying out of Twitter trouble
You can hurt your career by tweeting messages, for example, that reveal confidential information or badmouth the boss, experts say. Don't think you can protect yourself completely using privacy settings, they add. "Protected tweets don't keep your followers from sharing your messages, taking screen shots, [responding to] a court order, or printing your messages," says Jessica Miller-Merrell, CEO of Xceptional HR and author of "Tweet This! Twitter for Business." CBSMoneyWatch.com/On the Job blog
(5/19)
- The essentials a woman should pack for a 4-day business trip
Businesswomen who subscribe to the "capsule wardrobe" system of packing can travel light yet always look fashionable -- even when on a four-day business trip. "You can pack fewer things, making for a less stressful trip, simply by utilizing a capsule wardrobe," writes the Road Warriorette. Reuters
(4/28)
Leadership | | |
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- Do you know what your body language is saying?
Women who want to project authority and power should avoid body-language missteps, such as tilting their heads too much while listening, playing with their hair or jewelry, or having a delicate handshake, Carol Kinsey Goman writes. "Even more than their male counterparts, women with a weak handshake are judged to be passive and less confident," Goman writes. The Washington Post/On Leadership blog
(5/2)
- Happiness is overrated, says Inwood House chief
Linda Lausell Bryant, executive director of Inwood House, says she used to think of her employees as one big family, and that her job was to keep them happy. Now, Bryant says, love is no longer her top priority. She's willing to be disliked if that's what it takes to keep everyone working hard. "I went from being the charismatic leader, the leader everyone loves -- 'I love you, and you love me, and we're a big, happy family' -- to being more comfortable with everyone not being happy," she says. The New York Times (tiered subscription model)
(5/14)
- Women can be green leaders, says White House CEQ chief
Women can be at the forefront of the green-business revolution, but they need to keep their minds open, says Nancy Sutley, chairwoman of the White House Council on Environmental Quality. Securing a C-suite sustainability job isn't always easy, but there are plenty of other ways to get involved in corporate sustainability, Sutley says. "There are opportunities everywhere ... and there's a role for everyone," she adds. GreenBiz.com
(5/20)
SmartQuote | | |
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| Be on the alert to recognize your prime at whatever time of your life it may occur."
--Muriel Spark, Scottish novelist
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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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| Recent Forté Foundation SmartBrief Issues:
- Wednesday, April 27, 2011
- Wednesday, March 23, 2011
- Wednesday, February 23, 2011
- Wednesday, January 26, 2011
- Wednesday, December 22, 2010
| | | Lead Editor: Brooke Howell
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