By Melissa J. Anderson (New York City) “My advice for women starting out in the asset management industry is to seek out mentors within their respective firms and broadly in the industry,” began Jennifer Wu, CFA, Senior Vice President of Institutional Sales and Relationship Management at ING US Investment Management. “When I entered the industry, […]
By Nneka Orji (London) “Queen bees halt the wannabes” (Article headline from The Times Higher Education, 2004) “I was really looking forward to a new opportunity at work but I just found out that the team manager will be a woman (audible sigh).” (Anonymous colleague) No doubt you’ve heard this sentiment or read a similar […]
By Melissa J. Anderson (New York City) Yesterday Catalyst honored three companies for their remarkable initiatives aimed at increasing gender diversity at its annual awards conference at the Waldorf Astoria Hotel in New York City. The three companies – Alcoa Inc, the Coca-Cola Company, and Unilever – all presented global initiatives that were then tailored […]
By Melissa J. Anderson (New York City) On average, women financial advisors make just 58 cents for every dollar made by their male peers. That’s a significant wage gap, and it’s even higher than the national average (which lies somewhere around 80 percent). One reason for the gap is that men in the industry tend […]
By Melissa J. Anderson (New York City) A new Grant Thornton / Forbes Insights study [PDF] shows that the percentage of women in senior management roles around the world has now risen to 24 percent. According to the report, “Women in senior management: setting the stage for growth” the proportion of women in corporate leadership […]
By Melissa J. Anderson (New York City) “I’ve said this many times,” began Sonpreet Bhatia, Co-Founder and COO of MyCityWay. “If you have a vision and are passionate about solving a problem, just start now. There is no better time.” Bhatia and her two co-founders took a risk when they developed MyCityWay, an app that […]
By Robin Madell (San Francisco) Ethics. Philanthropic partnerships. Stakeholder engagement. Environmental best practices. Diversity objectives. For Kathy Hannan, these are not just platitudes, but guiding principles. This is both because of what she does, and who she is. Hannan currently serves multiple executive roles as the national managing partner, chief diversity officer, chief corporate responsibility […]
By Melissa J. Anderson (New York City) How loud does money talk? That’s the question posed by the asset managers, institutional investors, senior business executives, statewide elected officials, and national women’s organizations that make up the Thirty Percent Coalition. The group aims to encourage companies to ensure their boards are composed of at least 30 […]
By Melissa J. Anderson (New York City) Leadership doesn’t begin when you’ve made it to the top of an organization. It’s something you display every day, throughout your career and personal life. Rather than thinking of leadership as something we achieve once we get to the top of a company, we should think of it […]
Contributed by Marilyn Jacobson, PhD, author of Turning the Pyramid Upside Down: A New Leadership Model Organizations will get flatter and ultimately the pyramid that has been with us for many generations will be gone. This is inevitable in this highly competitive, global, fast paced marketplace. A highly engaged workforce will be essential to deal […]