By: Kathryn Sollmann, Co-founder Women@Work Network
Last week, we covered the first of seven signs that your resume needs to be updated. Here are the remaining six ways you can keep your resume as up to date as this season’s fashions.
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filed under Expert Answers
Known for fighting off unwanted bids by Deutsche Borse, Euronext, Macquarie and NASDAQ, the Chief Executive Officer of the London Stock Exchange, Clara Furse, will have the honor of becoming a Commander of the Order of the British Empire.
She is being honored for her services to the financial industry on the Queen’s Birthday List which is compiled by England’s Prime Minister twice a year. Even though the Queen’s actual birthday is April 21st, her birthday is celebrated on the first, second or third Saturday in June for practical reasons. Mrs. Furse, along with 959 other people that have made outstanding contributions to their communities, will be awarded by Queen Elizabeth the 2nd herself.
filed under Breaking the Glass Ceiling
By: Natalie Sabia
As I dial the phone number and await the first person to answer, a feeling of anxiety, yet excitement consumes me. I gather my thoughts and search desperately within myself for the golden ticket, the one that will determine if I survive this call or not: confidence. While waiting for that confidence to start brewing inside of me, I patiently listen for someone to answer. “Will I get the assistant again?” I ponder, “Will they give me a hard time?”
I obsess over these thoughts in my head, but at the same time wonder just what they will be thinking once they do pick up. Will the financial advisor give me an attitude and then laugh to himself and think, “Why is this girl calling me?”
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filed under Office Politics
by Erin Abrams
Catalyst, the top think tank for women’s workplace issues, relaunched its new website on June 12, 2008. The new site is packed full of studies, interviews and news stories on diversity and inclusion practices of major companies, women in leadership positions and the advancement of women of color.
Founded in 1962, Catalyst is a major nonprofit membership organization working with businesses worldwide to build inclusive workplaces and expand opportunities for women and business. At The Glass Hammer, we consider Catalyst to be a reliable source for research data on the subjects that women in law, finance and business find most important. They also host the Catalyst Awards, kind of like the Oscars for diversity and gender-inclusiveness the the workplace.
filed under News
Contributed By: Carol Frohlinger, Esq., Managing Director, Negotiating Women Inc.
Emotions and our ability to control them, make all the difference in our negotiations. The more important the negotiation is to us, the more challenging to manage our emotions. I had a personal experience recently when my temper flared and, as a result, I didn’t get the outcome I wanted. Yes, I knew better but still fell into the emotion trap.
Deepak Malhotra, Gillian Ku and J. Keith Murnighan’s Harvard Business Review article, “When Winning Is Everything” (May, 2008) discussed the problems negotiators face when they get so emotionally invested in besting the other party that their judgment suffers. These experts isolate three drivers of what they call “competitive arousal”:
filed under Expert Answers
Contributed By: Caroline Ceniza-Levine of SixFigureStart
Typical resume advice says that you show quantitative results — revenue generated, costs saved, profits increased. But what about people who aren’t in sales or don’t manage a budget. What results can a mid-level manager or someone new in a career show?
The benefit of quantitative descriptions is not exclusive to bottom line data; quantitative descriptions provide scope and scale for your accomplishments. Quantitative details are tangible. The significance of an event planning project changes when we know that 1,000 people attended.
filed under Expert Answers
By: Bailey McCann
Recently I spoke with Charlene Li co-author of Groundswell: Winning in a World Transformed by Social Technology and analyst at Forrester Research. She spoke to me about how women can utilize the strategies in her book and the power of social media to leverage their networks and engage customers. Li presents five core strategies for using the power of social media, they are:
Each of these strategies are outlined in detail in the book. In our interview, Li focused specifically on listening, “listening can help market research by engaging the audience and finding what people are saying.” She also went on to point out that by listening to what people are saying, you can avoid social media fatigue by presenting only the most highly relevant content.
“Connecting customers to other customers,” and being a “one stop shop,” for all the information in your business, including information on your competitors can put you ahead in the marketplace.
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filed under Next Level
By: Kathryn Sollmann, Co-founder Women@Work Network
Most women know what to wear to give the right impression in the right situation. Yet, even many women who spend thousands of dollars on each season’s fashions present themselves as paupers on resume paper.
At Women@Work we call it the “under-dressed” resume — resumes that don’t look right, sound right or project the image women so carefully craft in every other aspect of their lives.You can’t throw a resume together in a couple of hours. If you do, it’s obvious to an employer. You can run to the supermarket in your sweatpants with wet hair and no make-up, and hope that you don’t see anyone you know, but when you send out an under-dressed resume, there’s nowhere to hide.
When employers get an under-dressed resume, they wonder if you’ll take the time to make the right impression in a client meeting, if your reports will be thorough, or if you’ll embarrass the team with a presentation that you prepared in the 11th hour.
How do you know if your resume is as outdated as last season’s shoes, or as unimpressive as an old flannel shirt? Read the top 7 signs that your resume is not on the Best Dressed Resume List, and then spend more time with one or two of the most important sheets of paper in any professional woman’s life.
filed under Returners
By: Alison Maitland
Senior business men offered their take on promoting women at an evening debate in Geneva on June 6 about our book, Why Women Mean Business: Understanding The Emergence Of Our Next Economic Revolution (previously featured on The Glass Hammer on February 5 and April 8).
The executives represented a great cross-section of global business: Gianni Ciserani is president of Procter & Gamble, in western Europe; Paolo Fellin head of marketing in Europe for Caterpillar, the heavy industrial group; and Peter Lorange recently retired as president of IMD, the Lausanne-based business school that educates executives of multinationals like P&G and Caterpillar.
It was also an interesting setting for the latest in a series of presentations that my co-author Avivah Wittenberg-Cox and I have done on the book. Switzerland is one of Europe’s most socially conservative countries: women represent just 6% of directors on major company boards and it’s predicted that it will take 70 years at current progress to reach gender parity in business leadership. Women often have to choose between career and family; 40% of university-educated women aged 40 are childless.
filed under Breaking the Glass Ceiling
By: Bailey McCann
Last week’s big news in the on going fall out inside the financial services industry was the fall of Erin Callan and Joseph Gregory. While there are varying levels of speculation on why Ms. Callan was demoted so quickly after her promotion to the CFO position, one thing is clear: in this industry when things get tough CEO’s start shuffling the desk chairs. When banks start to falter, the pressure hits everyone in the bank but ultimately lands squarely on the CEO.
Richard Fuld, the CEO of Lehman is no exception and now makes the most current example. Promoting Callan to the CFO position was controversial, and it seems clear when the quick turnaround didn’t happen he moved her out. Fuld has been the CEO of Lehman for a long time, but if he can’t pull the bank out of its disarray he may well be the next casualty of this economic downturn.
filed under News
By: Caroline Shannon
Before she even approached the age of 22, a computer-savvy Laura McHolm had already graduated from the University of California at Berkeley, worked with the likes of big-time companies, like Apple and Intel, created and marketed games, such as Pac Man and Atari, and earned her computer law degree from the University of Oxford.
Just ask her and she’ll tell you she punched right through what is referred to as a “glass ceiling,” the invisible barrier that has been held responsible for hindering women’s career advancement. But that’s not to say she wouldn’t agree with the notion that gender bias is still 100 percent alive and well.
“It does exist – just look at the number of CEOs who are women, senators who are women, presidents who are women, managers who are women,” said McHolm, who is now the co-founder of NorthStar Moving Corporation, one of San Fernando Valley’s 50 fastest growing companies. “I don’t believe that 51 percent of the population just decided, ‘No, I don’t want to do that.”
filed under Breaking the Glass Ceiling
By: Caroline Shannon
When Adryenn Ashley was in her 20s, she dressed Sex and the City style every day – cleavage, heavy makeup and perfectly coiffed hair all the way.
But then, one of her mentors told her the reason behind her low-key, makeup-free appearance: “She said, ‘Because that’s the naked truth,’” Ashley said. “For her, it upped the honesty factor she conveyed in the workplace.”
Now, Ashley, a certified divorce financial analyst and the owner of self-promotion company Wow! Is Me, says she realizes her revealing work attire was only putting her in a situation where people were admiring the contents of her push-up bras and not her IQ.
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filed under Office Politics
Tuesday kicked off the beginning of the annual SIFMA Technology Management Conference at the Hilton Club in New York City. For those who don’t know, this conference hosted by the Securities Industry and Financial Markets Association, last three days, and provides updates on emerging trends for technology and technology management.
I spent a lot of time in the exhibition rooms looking at what all the vendors had to offer, as well as talking to people about emerging technologies in financial services. Virtualization is the next big thing for Wall Street data centers. The bulk of the people at the conference were showing all types of virtualization applications tailored for financial services, promising to make your firm everything from highly organized, to environmentally green and faster than the speed of light to boot.
filed under What's On
By: Heather Morse
A new study led by a sociologist at the University of Iowa has found that despite the legal profession’s success at hiring more women lawyers, these women remain less likely to be promoted to partner.
According to study leader associate professor of sociology Mary Noonan, women who practiced in a firm for five or more years were 13 percent less likely than men to make partner; even if their qualifications were equal, regardless of whether they had children.
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filed under News
By: Heather Cassell
PricewaterhouseCoopers’ Gender Advisory Council is helping the company pave the way to success and recognition. DiversityInc recently named PwC as one of the top five in its inaugural “Top Companies for Global Diversity” for its commitment to creative diversity and global culture.
Samuel A. DiPiazza Jr., PricewaterhouseCoopers’ Global CEO, credited the company’s Gender Advisory Council as part of the suite of initiatives which saw the company listed alongside Verizon Communications, The Coca-Cola Co., Bank of America and Procter & Gamble in a June 3 news release.
“We are extremely proud to have made it into DiversityInc’s first-ever global top five list,” says DiPiazza in the release. “Diversity is not just the right thing to do; it is a business issue. We believe that when you work in teams that reflect different backgrounds and perspectives you’re going to get a better answer and innovative solutions.”
filed under Breaking the Glass Ceiling
Contributed by Caroline Ceniza-Levine of SixFigureStart
Between interviews, networking, researching companies, canvassing job boards, and following up with recruiters, a job search takes as much time as my job. I feel like I need to quit before I start looking. Yet, traditional advice says the best time to look is when you’re employed. How am I supposed to fit a job search into my schedule?
Recruiters and employers prefer the currently employed, even if you have a perfectly good reason to be unemployed. You are in-the-know. You have access to competitor information. You have an existing network that can be tapped for candidate referrals for the recruiter and/or new business for the employer. Therefore, quitting is an absolute last resort. Besides, if you have to quit to take on a job search, then what would you do if a special work project arose or a promotion came up that required increased responsibility?
filed under Expert Answers
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