“I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s chairman of the board. It has been my pleasure to work with all of you and I wish you only the best going forward,” Carol Bartz wrote to Yahoo staff on Tuesday night to inform them of her sudden departure as chief executive.
While Bartz’s contract still had 16 months left to run, which suggests she will leave with generous severance pay, her exit has not come as a surprise to Silicon Valley insiders.
The deadline laid down by Lord Davies of Abersoch’s panel for FTSE 250 companies to set out targets for achieving greater board diversity has just passed. The press release reporting on what has been achieved skirts round the central question of how many companies have yet to report targets, but it is, unsurprisingly, strong on the progress that has been made.
A decade ago, the University of Michigan published a landmark study that examined why fewer women attended schools of business than schools of medicine or law.
The research became a veritable call to arms in the business school community and helped launch the Forté Foundation, a US consortium of companies and business schools that aims to address this imbalance and its effect on the corporate world.
There is a bundle of academic research showing that women tend to be more risk averse than men. In business, this plays out in a number of ways.
Executive coaching companies are keen publishers of their insights, and my bookshelf of titles on women at the top includes a good few. Usually I do not blog about them, and believe me, you should be grateful.
But last week I came across a book that should be read by any aspiring career woman (or man). Break Your Own Rules: How to Change the Patterns of Thinking that Block Women’s Paths to Power, by Jill Flynn, Kathryn Heath and Mary Davis Holt, distils the experience of the authors’ decades of coaching experience and their careers at senior levels of large companies.
Laurie Penny, blogging for the New Statesman this week, writes: “Don’t worry about the glass ceiling – the basement is flooding.”
She argues that campaigns to increase diversity among senior management in the City of London and in the boardroom are “arrant twaddle” and based on false logic.
You might think that supermarkets in the UK, whose customers are 70 per cent female, would have more than the average number of women at board or senior management level. But you’d be wrong.
Korn/Ferry International, the recruitment firm, has just published a book for job seekers billed as an “exclusive opportunity to get behind-the-scenes insight from top consultants” on how to manage your career.
A new report by Northwestern University, Chicago, shows that both men and women still see women as being less qualified or less “natural” in leadership roles.
A new course on leadership at Rotterdam School of Management, Erasmus University, will give more than a dozen of its female MBA students a taste of what it feels like to be at the top – the top of Mount Kilimanjaro, that is.