Tag Archives: executive women’s networking

Does the Inclusion of Women in Team Decision Making Actually Increase a Group’s Intelligence?

Some new and interesting research by Anita Woolley (awoolley@cmu.edu) and Thomas Malone (malone@mit.edu) has been cited in June’s Harvard Business Review. Woolley is an Assistant Professor of Organizational Behavior and Theory at Carnegie Mellon University, and Malone is the Patrick J. McGovern Professor of Management at the MIT Sloan School of Management and the founding Director of the MIT Center for Collective Intelligence.

Their research of team behavior and problem solving makes an interesting business case for gender diversity, concluding that “there’s little correlation between a group’s collective intelligence and the IQs of its individual members. But if a group includes more women, its collective intelligence rises.” Thus, where strategic business decisions are being made at a group or team level, the inclusion of women spikes the quotient of intelligence, making a positive difference in decision-making outcomes. As Malone states, “The standard argument is that diversity is good and you should have both men and women in a group. But so far, the data show, the more women, the better.” Indeed, research shows teams with more women tended to fall above the average of the collective intelligence scores of the teams studied by Malone and Woolley; the teams populated by men were below average in the same regard.

Read full article

New Study Reveals that Women Board Members Create Opportunities for Women Executives

New findings by the Kellogg School of Management at Northwestern University underscore the benefits of adding more women to corporate boards. Kellogg’s study, entitled “Chipping Away at the Glass Ceiling: Gender Spillovers in Corporate Leadership,” reveals that “a higher representation of women on a company’s board of directors directly increases the female share of and access to higher positions within the company.”

The news that putting more women on a company’s board leads to more women in top management positions at that company is very encouraging. As David Matsa, assistant professor of finance at Kellogg aptly points out, this is a situation of “‘women helping women’ at the highest level of company leadership.” However, on the flip side, the study found that increasing the number of female top-level managers at a company won’t result in more women occupying board seats.

Read full article

"Goddess Shift" Wins Book Award

I’m thrilled to report that Goddess Shift: Women Leading for a Change just won the USA Book News “Best Books 2010” award in the Women’s Issues category, and was a finalist in the Anthologies Nonfiction category.

Goddess Shift is an anthology of personal stories written by 43 women in leadership positions about how they have empowered themselves to create change in all walks of life. I am honored to be among the book’s contributors, which include Oprah Winfrey, Suze Orman, Venus & Serena Williams, Angelina Jolie, Madonna, Barbara Walters, Olympia Dukakis, and Maya Angelou. 

Read full article

New Workshops Help Women Strengthen Their Leadership Skills

If you are in the New York City area and would like to strengthen your leadership skills and network with other women professionals, the Athena Leadership Lab at Barnard College (Columbia University’s Liberal Arts College for Women), in Manhattan is offering hands-on courses designed to “teach women the practical elements of leadership – from the art of negotiation to effective public speaking, from financial fluency to management savvy.” You don’t need to be a current or past student of Barnard College to enroll.

Read full article

Do Women Really ‘Hold the Cards’ in Our Modern Economy?

You may have read a controversial and thought-provoking article in the July/August issue of The Atlantic magazine called “The End of Men.” The article poses the following question: “What if the modern, postindustrial economy is simply more congenial to women than to men?” After all, as author Hanna Rosin points out, many more men than women lost their jobs during the recent recession, women now make up the majority of the U.S. workforce, most of the job categories that are expected to grow in the next decade are dominated by women, and women are obtaining more B.A. degrees than men. Ms. Rosin believes that all of these developments suggest that “the modern economy is becoming a place where women hold the cards.”

But is the picture really that rosy for women?

Read full article

What It Takes to Be a Winner

Please CLICK HERE to read about PowerPlay NYC’s exciting, upcoming event–“What It Takes to Be a Winner”–which will be held on July 6, 2010, from 11 a.m. to 1 p.m., at The Yale Club (50 Vanderbilt Avenue in Manhattan).  The event will feature a conversation with Venus Williams, who is celebrating the publication of her new book entitled Come to Win: How Sports Can Help You Ace Your Goals and Top Your Profession, and lunch and leadership conversations with PowerPlay’s Summer Leadership Academy participants.

Read full article

Honoring Iranian Bloggers’ Freedom of Expression

I would like to applaud the Iranian women bloggers at we-change.org who recently received the “Net Citizen” award. Because of their strength and determination, these bloggers were able to issue reports online about the unrest in Iran after last year’s election, despite being detained by the Iranian government for their reporting. The blog now plays an important role in disseminating information about women’s rights in Iran. Yes, blogging can become a powerful tool!

Read full article

The Women Business Leaders’ Summit

I’d like to bring to your attention an upcoming program and a fundraising event that will be hosted by the Women Business Leaders of the U.S. Health Care Industry Foundation (WBL), a great women’s organization. The WBL was established to help senior executive women in the health care industry improve their businesses and continue to grow professionally. One of my colleagues at EpsteinBeckerGreen, Lynn Shapiro Snyder, is WBL’s founder and president.

On March 17 – 19, 2010, in Dallas, Texas, WBL will host the 2010 WBL Summit. You can learn more about this program at www.wblsummit.org. The Summit is WBL’s annual meeting and the only industry-wide meeting for senior executive women and women board members from the health care industry. Registration is currently closed, but there is a waiting list. 

Read full article

The Changing Numbers of Women on Wall Street, in the Workforce, and in Boardrooms

The New York Times recently published a few intriguing articles about women that I wanted to share with you.

Women are working in the financial industry in fewer numbers these days, despite more than 20 years of increased hiring and promoting, according to the article “Where Are the Women on Wall Street?” What is responsible for this decline? As The Times notes, fewer female graduates are seeking careers in the financial industry and women are abandoning the industry faster than men. And when women are laid off from a financial job, it’s harder for them to return to the industry because they face an environment that’s more hostile to women than men. While this is disappointing news, The Times adds, on a positive note, that women continue to maintain “a strong presence in some areas in finance, including wealth management.”

Read full article

A Benefit for the People of Haiti

If your schedule permits, please join us on March 12, 2010, for an event in Manhattan to raise funds to help the people of Haiti. Daniel Boulud and other chefs will graciously donate delicious treats for all guests to enjoy. The benefit also will feature music, art, and a silent auction. Click here for more information.

Money raised at the event will be given to World Hope International, a faith-based relief and development organization that is deeply committed to the long-term, sustained rebuilding of Haiti after last month’s tragic earthquake.

Please save the date. I hope that you can make it!

Read full article