Telle_WhitneyBy Melissa J. Anderson (New York City)

“One of the most important things I’ve learned is how much the ability to influence the ideas of others is so important for your success,” began Dr. Telle Whitney, CEO and President of the Anita Borg Institute for Women and Technology.

After earning her PhD in computer science, Dr. Whitney began her career in the Bay Area working in chip design. But it wasn’t long before she realized she had a passion for developing business, which led to her current role with ABI, influencing the world’s largest technology companies and helping women achieve their career aspirations.

“It’s not just about your ideas, but it’s about taking the rest of the world with you,” she explained.

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iStock_000008227662XSmallBy Melissa J. Anderson (New York City)

“The Project for Attorney Retention’s mission is to reduce unwanted attrition of lawyers,” explained Manar Morales, PAR‘s Executive Director. One particularly sore spot for attorneys (male and female), she explained, is the issue of work/life balance. PAR was founded by Cynthia Calvert and Joan Williams to address these issues. “One of our hallmarks is to create best practices for law firms around research,” she said.

“Women are graduating law school in record numbers, but they’re not making it into the partnership ranks,” Morales explained. “It’s not a pipeline issue, but a retention issue.”

“Work/life flexibility is important for women and men, and as long as this is solely a women’s issue progress is going to be slow,” she added. According to Morales, flexibility is a key issue for retaining diverse attorneys – and as the business case for diversity becomes more well-known, firms will have to respond with more flex opportunities.

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iStock_000008472982XSmallBy Tina Vasquez (Los Angeles)

In the past, the annual Accounting MOVE Project has revealed the best accounting firms for women; has shed light on why firms fail to advance and retain women; and has revealed why women leave at certain levels. But the 2011 report released earlier this month revealed some promising news: the next generation of top accounting professionals will bear little resemblance to the male-dominated leadership ranks currently occupying corner offices.

Joanne Cleaver, president and founder of the research firm Wilson-Taylor Associates, spearheaded the study, which focuses on figuring out millennials. According to the study, millennials are “confident and assertive. They’re loyal — to technology and to their own ambitions. They’re smart. And in accounting, they’re women.” Half of today’s accounting grads are women, which is why the report asserts that public accounting firms will have to realign their professional development programs to reflect the ambitions of these professionals. “If they do not,” the report says, “firms simply cannot remain competitive and will not have enough partners for an orderly transition when baby boomers are ready to retire.”

Based on dozens of interviews, reviews of best practices at 25 firms, and statistical analysis, the report found that some of the most progressive and promising firms are successful because of how proactive they are concerning the issues that face millennial women in the accounting industry.

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LynneMortonContributed by Lynne Morton, President, Performance Improvement Solutions

You want to get ahead – you’re working hard – your clients like you – you get good performance reviews. But you’re still not getting where you want to go professionally, or not fast enough. Sound familiar? That wouldn’t be surprising. It’s the situation in which many High Potential professional women find themselves. And it doesn’t seem “fair,” does it?

Well, “fair” is not a word that is part of the organizationally-savvy professional’s vocabulary. Yet it is often in a woman’s vocabulary. Women are more likely than men to slip into the posture of being victimized. We don’t always harness our full potential to achieve our professional goals. Reaching full potential, by which you generate FUSION energy, requires knowing how to “play” the organizational game.

Catalyst’s 2010 report of MBA professionals, The Pipeline’s Broken Promise, shows that men are more satisfied than women with their career advancement. As the study shows, despite the fact that aspirations are equal, a man’s first post-MBA job is more likely to be at a higher level than that of a woman. Furthermore, men outpaced women most when they started at the bottom of companies or firms. Additionally, more women left their jobs because of a difficult manager.

This data is very interesting since it may shed light on areas of improvement for women, as well as for organizations. It addition to driving for organizational change, we/ women can improve our abilities to understand organizational politics, see where the “land mines” are and, as is colloquially said, “play the game”. There is ample evidence to show that organizational systems do not support the advancement of women and that bias exists in many respects (compensation, flex-time, etc). However, observational and anecdotal evidence also shows that women are not as adept in finding out which organizational networks are most important, in knowing which connections they must make and nurture, nor in seeking out career advancement opportunities.

Men think more about how to get what they want, how to win the game. They set their sights on what will get them where they want to be. Knowledge of organizational politics, the rules of the game, is critical. Many management theorists believe that their earlier experiences of playing sports make men more inclined to think that way. But there is a hugely popular WNBA now. There are women sports announcers and women covering news stories on the front lines of war zones. Women know how to be team players broadly speaking. Now we have to do that within the business arena. There aren’t enough women in senior leadership to change the rules yet, so what we need to do is play by the rules that currently exist. And we can.

Women need to: Learn the (Unwritten) Rules. Make Connections. Have Sponsors.

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SarahSherberBy Melissa J. Anderson (New York City)

After spending almost 30 years working in technology, Sarah Sherber, Managing Director and Head of Securitized Products IT and Cross Product Operations Technology at Barclays Capital, has seen the industry change and grow. With a career that has brought her to almost every major financial services company, Sherber has managed to climb the corporate ladder and remain fascinated by her work.

Building a Career in Tech, from Star Wars to Dodd Frank

Sherber majored in computer science at the University of Michigan. “Reagan was president, and there was a big push into Star Wars,” she said with a laugh. “So I went to work for a defense contractor. One of my first jobs was writing software for F14s.”

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Businesswoman using smart phoneBy Elizabeth Harrin (London)

I took some time off work recently for a long weekend in Italy. As I was packing my hand luggage, I didn’t hesitate. My company mobile phone and my BlackBerry both went in. After all, someone might need me. It wasn’t until later that weekend (when I’d been exchanging texts with a colleague from the bus driving along the Ligurian coast) that I realised the boundaries between my work life and my personal life had blurred so significantly that it felt normal to be working on holiday.

Technology makes it possible for us to work at any time of the day and night. With financial markets opening and closing at all hours, and team members spread out across the world, it’s a surprise we ever get any down time at all.

“I’ve done a lot of work with people in different time zones and have many clients in this predicament,” says Carolyn Thomson, Director, Dixon Hughes Goodman LLP. “There are many ways you can alter what some might consider a ‘traditional’ work schedule to accommodate the globalisation of business. One is to split up your day in an unusual way that accommodates both your personal schedule and your professional demands. When I was doing a lot of work in Singapore, I left my office a little earlier, had dinner with my family, then got back online for a couple of hours in the evening to deal with what I needed to for my clients who were just getting to work there. That gave them several hours – while I slept – to do what they needed to do on their end, then when I got up I started a couple hours earlier than I needed to so I could wrap up with them at the end of their day.”

It takes a certain kind of organisational ability to be able to structure your day like this. It also takes the ability to use technology to the best advantage.

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iStock_000006413659XSmallBy Tina Vasquez (Los Angeles)

In her 2007 book Off-Ramps and On-Ramps: Keeping Talented Women on the Road to Success, Sylvia Ann Hewlett explores the often “non linear” career paths women take because of the still constant tug of domestic responsibilities. According to Hewlett, women typically provide 75 percent of the housework and childcare, which makes it harder for them to cope with today’s extreme jobs.

“Thirty seven percent take an ‘off ramp’ at some point in their careers, voluntarily quitting their jobs for a short period of time. Another 30-plus percent take scenic routes and the consequences aren’t pretty: 50 percent of those seeking to return to mainstream jobs fail to find them and those taking an off-ramp lose 18 percent of their earnings power,” Hewlett wrote.

Presumably, these off-ramps are an attempt to raise children or manage other family responsibilities, with the goal of returning to the workplace. But as statistics show [PDF], there is often no workplace to return to. And for those who manage to return to their previous employer, many suffer what’s been called the mommy penalty. It is assumed their head is no longer in the game and they no longer care about their career as much as they did pre-child.

According to a new survey by the SFN Group, over half of working moms aren’t satisfied with their careers. Fifty-six percent of the 600 working mothers surveyed said they are not satisfied with their career and 62 percent said work/life balance is the most crucial aspect to their career happiness. The problem is that work/life balance is difficult to attain, so it comes as no surprise that 70 percent of the survey respondents report not having a flexible work arrangement.

Yet so many continue moving forward, hoping to successfully balance an exceptional career and a healthy family. Can ambition and motherhood go hand-in-hand; will one always suffer as the result of the other? Essentially it comes down to the one question that has been haunting working mothers since day one: Is it possible to have it all?

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AnnDalyHighRes-2Contributed by executive coach Ann Daly PhD

The way the media goes on about women “finding balance,” you’d think that Balance is a town in upstate New York. Just program it into your GPS and life will be perfect!

As if.

I hear it from my coaching clients every day: the workplace is more competitive than ever, and there is no reprieve in sight. These smart, ambitious women tell me: “I am required to deliver more and more, faster and faster, at both home and work. I feel pulled in every direction and never feel I’m doing anything well.” And that, dear reader, is the perfect formula for personal burnout and professional stagnation.

There is no such thing as “balance.” (And BTW, Prince Charming isn’t going to show up to save the day, either.) If you want to feel less stressed out and scattered, then you have to choose to harness and shape your energy. Let go of the female ego: trying to do it all, and doing it all perfectly. Instead, you have to focus, focus, focus.

That means committing to being present in every moment, wherever you are. That means being ruthless about your priorities. That means taking responsibility for how and where you direct your attention. Because more than ever, attention is the most precious gift we have to offer. Don’t squander it.

So, how do you find your focus?

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Young woman gesturing positive business perspective.Contributed by Liz O’Donnell, Author of HelloLadies.com

The theme of this year’s Simmons Leadership Conference, held in Boston last week, was “Passion & Profession,” and the program examined how passion fuels success. The Conference took place at Simmons College, home of the first and only MBA program in the US designed specifically for women.

Eileen McDargh, a speaker at this year’s event, helps individuals and organizations transform their careers, their lives and their businesses by connecting them with their passions. We had the opportunity to sit down with McDargh during the conference and examine how women can blend a productive career with a personal passion.

McDargh has first-hand experience. Thirty year ago she walked out of her public relations job and never looked back. “I just couldn’t write another press release,” she said. And she leapt at a time when she needed the money. She was confident, though, that if she followed her passion, she would land on her feet.

And she was right. Realizing, of course, that not all women can walk out on a steady paycheck to pursue a new idea, McDargh acknowledged, “Sometimes, it’s our job that supports our work.”

She encouraged women to pursue their passion, even if they aren’t totally clear on the outcome. “You don’t have to be crystal clear,” she says. “But you must be crystal on the intention.” And forget about achieving work/life balance.

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lindaalbornozBy Melissa J. Anderson (New York City)

“With the entry of new technologies, and the ability to be accessible 24/7, the challenges of work-life balance exist for everybody, not just women,” began Linda Albornoz, Vice President of B2B Payment Solutions within the American Express Technologies group.

She continued, “The key is for individuals to set priorities and have clear goals. Your own boundaries have to be clear. There will be high stress times that arise when you’re needed more at work, and during those times, you have to monitor stress and create checkpoints.”

“This is also one reason why building great teams is so important. It ensures you don’t have to work 24/7,” she explained.

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