women shaking handsThe danger of conventional wisdom is it doesn’t have to be true to influence reality. New research reveals that the gender gaps in career growth between Harvard MBA graduates are not a result of women prioritizing family over career more so than their male peers. Rather, the unspoken assumption they do seems at play in affecting outcomes in their lives.

The “Life and Leadership After HBS” study surveyed 25,000 graduates of the Harvard Business School, majority MBAs, aged 26-67. Marking fifty years since HBS started admitting women to the MBA program, the researchers Ely, Stone, and Ammerman wanted to find out what graduates trained for leadership had to say about their experiences to date with life, work and family.

The study found that, “(All) Harvard MBAs value fulfilling professional and personal lives — yet their ability to realize them has played out very differently according to gender.”

Both male and female graduates marked success early on by career achievement and then both evolved their definition with age and experience to reflect that both profession and personal life mattered to them. Nearly 100% considered quality family and personal relationships highly important.

The researchers found both sexes also equally valued career fulfilment, stating “Their ratings of key dimensions of professional life, such as ‘work that is meaningful and satisfying’ and ‘professional accomplishments,’ were the same, and the majority said that ‘opportunities for career growth and development’ were important to them.” Women actually rated growth and development slightly more than men.

It’s no surprise that high-aptitude Harvard MBA graduates sought both personal and professional fulfilment, but seeking similar things with similar capabilities did not mean that men and women netted similar outcomes.

The Fulfilment Gap

Harvard MBA women did not step back from their career values, but their career opportunities seemed to stepped back from them.

Across three generations of graduates, 50%-60% of men were “extremely satisfied” or “very satisfied” with their experiences of meaningful work, professional accomplishments, opportunities for career growth, and compatibility of work and personal life. Across the dimensions, only 40% to 50% of women were as satisfied.

As their lives progressed, women reported feeling underchallenged by the work and responsibilities they found waiting for them, and subtly “mommy-tracked” right off the career ladder. The study revealed that only 11% of HBS women were out of the workforce for full-time child care – and then often because they were stuck in unfulfilling roles with weak prospects, so most Harvard MBA women were not “opting out”. Rather those seeking challenging part-time roles or flexibility found themselves being placed to the periphery as though they were only part-in.

Beyond that, HBS women working full-time were significantly less likely than their male peers to have direct reports, profit-and-loss responsibility, and positions in senior management, showing the gender bias reflected no matter what.

The researchers shared, “The message (to women) that they are no longer considered ‘players’ is communicated in various, sometimes subtle ways: They may have been stigmatized for taking advantage of flex options or reduced schedules, passed over for high-profile assignments, or removed from projects they once led.”

Importantly, 77% of all HBS graduates, and more women than men, believed that prioritizing family over career was the number one obstacle for women’s career advancement. But the researchers voiced with exasperation that different “choices” that would objectively reflect that priority could not explain the gap in leadership.

“We considered not only whether graduates had gone part-time or taken a career break to care for children, but also the number of times they had done so. We asked about common career decisions made to accommodate family responsibilities, such as limiting travel, choosing a more flexible job, slowing down the pace of one’s career, making a lateral move, leaving a job, or declining to work toward a promotion. Women were more likely than men to have made such decisions — but again, none of these factors explained the gender gap in senior management.”

In fact, previous research has demonstrated that even when working mothers overcome doubts about their workplace commitment through “heroic” efforts to visibly demonstrate it to their employers, they face a secondary form of “normative discrimination”. Hyper-committed mothers are perceived to violate the gender norm that they should be prioritizing family over work, and this projects negative attributes on their personality (not the same for hyper-committed fathers), which in turn harms career development. Hence, “efforts on the part of mothers to overcome doubts about their workplace competence do not eliminate discrimination; these efforts just change the mechanism of discrimination.”

It may be the persistence of the belief that women prioritize family over career (or should) that’s truly at play in tapering the career trajectory of Harvard women.

The Expectation Gap

The Harvard research reported, “we found not just achievement and satisfaction gaps between men and women, but a real gap between what women expect as they look ahead to their careers and where they ultimately land.”

Men started out with more traditional expectations, and life mostly satisfied them. 60% of male graduates expected their career to take priority, and that’s what happened 70% of the time. A strong majority of men expected their partner to take primary childcare responsibility, and 86% of the time, they did.

Women, however, launched their careers with stronger expectations that their partnerships would be equal, but reality fell short. Fewer than a quarter of female graduates expected their partner’s career would take priority, but 40% of the time it did. And while only half of women expected to take primary responsibility for raising children, two-thirds ended up doing so.

The researchers reported, “The fact that HBS alumnae are finding themselves in relationships in which their careers are subordinate to their partners’ more often than they anticipated strikes us as meaningful. Our findings indicate that ending up in less-egalitarian partnerships is disappointing—perhaps especially so when a career has stalled.”

Women whose careers and child care responsibilities were seen as equal to their partners felt more satisfied with their career growth than those in traditional arrangements. Tellingly, men in more equal relationships reported lower career satisfaction, likely thrown against their own expectations and gender norms too.

The Guardian lamented, “Somewhat depressingly it seems that we are still in something of a time warp, with the reality of working life for mothers falling far below expectations and ambitions.”

Who needs to Lean in?

The researchers concluded that, “Women are leaning in”. At least when it comes to Harvard MBA graduates, “Women want more meaningful work, more challenging assignments, and more opportunities for career growth. It is now time, as Anne-Marie Slaughter has pointed out, for companies to lean in, in part by considering how they can institutionalize a level playing field for all employees, regardless of gender or caregiver status.”

The study suggests we need to get beyond the conventional wisdom that a “woman’s primary career obstacle is herself” – and the premises hiding underneath it that silently justify brushing women’s career ambitions discreetly under the corporate rug.

Theglasshammer has an organizational consulting arm called Evolved Employer that specializes in helping companies do the necessary work to ensure the future progress of all employees.

iStock_000007530963XSmallBy Natalie Soltys (Kansas City)

The world is becoming more connected, companies are becoming more global, and the workforce is more international. As a highly-motivated woman, you may have had the intuition that you need global experience and education to further advance your career. You see a need to manage culturally diverse teams and deliver growth in new markets. You’ve thought of going back to school either part- or full-time, but a business school in the United States just doesn’t seem quite enough.

The good news? You’re not alone in your thinking. Increasingly, women are recognizing and taking action on the desire to build an international network and enhance their business acumen and skills. You understand that we are all operating in a more global world.

“Business education is the single most effective investment you can make in one year to transform your career,” noted Wendy Alexander, associate dean, London Business School for Degree Programmes and Career Services. “But, if you want a global education, you need to come to a global school.”

Jointly, the London Business School and the Forté Foundation researched an emerging trend: North American women heading to Europe to study for and obtain their MBA degrees. These women, according to Alexander, have found “the X factor for the future: experience, expertise and cultural awareness.”

That is not to say those who chose this path did not already have successful careers. Most graduated from some of the best universities in the U.S. and embarked on finance or consulting careers. They, however, reached a point where they needed to take the next step to move forward.

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HurryContributed by The Runaway MBA

I can’t really remember when I decided that I wanted a MBA. In college, I believed that it was the next step after my first five years of work. However, my career progressed because of what I achieved. My salary was quite high without the degree. I could not see how derailing up to two years of work experience plus the investment of a small house could lead to career advancement. When I heard the word “MBA,” I saw professionals that were overpriced, inexperienced, and ungrounded.

With the onset of the financial crisis, my career stalled at the Vice President level. Although times were difficult, there were meaningful roles to which I was being passed up for. I lost track of the number of times in which I was told “But you don’t have a MBA.”  I examined the biographies of over 500 CIO’s, and of all the leaders that I admired; all had earned an MBA or JD from a leading institution. “Could there be something to this?” I thought. I gave in, applied, and enrolled.

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Woman Smiling Behind PodiumBy Melissa J. Anderson (New York City)

What’s one way to pull more women into the leadership pipeline? Be a role model.

On The Glass Hammer, we shine the spotlight on successful professional women in an effort to inspire other high-achieving professional women to break the glass ceiling, and to show that there are plenty high performing women out there – even if they aren’t always highly visible. We’re committed to providing role models and peer networking for our audience of successful women.

But the need for role models begins early. Currently, female MBA enrollment rates are hovering around 30%. The leadership gender imbalance is at play even before women actually make it into the workforce. Only a small percentage of MBA instructors are female – and the lack of successful female role models in business education is one thing keeping women out of the career pipeline.

Do you want to make an impact on the next generation of female business leaders? Be a role model at the MBA level. Teach a course, give a guest lecture, or speak at a networking event. Make yourself visible!

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Adult Education SeriesBy Elizabeth Harrin (London)

Have you dreamed of going back to school? Hours in the library, long conversations with intelligent professors and nothing to worry about except the deadline for that next assignment. Studying as an adult isn’t much like that, unfortunately. However, if you are unemployed with time on your hands, or want some extra skills to boost your resume, this could be the ideal time to dust off your books and get back in the classroom.

What’s your existing skill set?

“Everyone who wants to excel in business needs to understand finance and accounting,” says Dr. Linda D. Henman, President of the Henman Performance Group. “If you’ve studied HR but don’t seem to be getting anywhere, now would be a good time to pick up those classes. If you’re a finance professional, advanced training and a masters can only help.”

There has never been a better time to study finance and economics, as Jennifer Small, a graduate of Stetson University in Central Florida, found out when she studied for her executive MBA. “The classroom curriculum was naturally adjusted to reflect the challenges of this period, in addressing the tactical, economic, and ethical aspects of the economic meltdown,” she says. “I feel these valuable discussions and explorations have given me the tools to anticipate future economic calamities. I feel I’ve been provided with the means of identifying challenges and problematic trends before they transpire through the thorough examination of examples of past mistakes that led up to this recession. I strongly believe this has made me more forward-thinking in comprehending the importance and relevance of developing contingency plans to survive the economy’s many ebbs and flows.”

Small feels that studying in the context of the recession has given her new skills and a broader focus. “One of my very first classes was Economics, where recent headlines were not only explained, but heavily delved into with the professor leading lengthy discussions carried out by classmates from all areas of U.S. industry. The concept of ‘too big to fail’ was examined and scrutinised, in regards to government bailouts of certain banks and institutions. These tough economic times have shown the spotlight on business areas such as executive compensation, financial risk factors, and conflicts of interest.”

Learning new skills also has the benefit of making you more valuable to employers. “As a professor of a number of MBA schools, further education makes many professionals more viable,” says Dr. Ted Sun, Professor of Organisational Leadership at SMC University, Switzerland. “When there’s a layoff, the least valued employees are let go. If you’re in school and bringing new knowledge and skills, you’re the last to get let go. Even in this recession, I’ve had students who get promotions based on what they’re capable of doing, well before the finished the degree. Especially for females, the glass ceiling is still present. Further education is a must to compete.”

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business schoolBy Andrea Newell (Grand Rapids, Michigan)

After decades of stagnant female enrollment in graduate business schools, The Financial Times reports that recently the numbers have begun to climb. Female enrollment is currently at an average of 37 percent, up from 33 percent five years ago and 30 percent 10 years ago. And it’s not just a U.S. phenomenon—top European business schools are reporting higher female enrollment as well.

While these numbers are still low, they can be seen as a success – the rise in enrollment follows a decade of serious efforts by non-profits, corporations, and universities to improve gender diversity at the MBA level.

But even still, there is a long way to go. Since an MBA can open many doors in the business world, why aren’t more women pursuing them? What is being done to improve these numbers?

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By GiGi DeVault (Munich)iStock_000009074834XSmall

Build a better Executive MBA (EMBA) program, and they will come. But who benefits most—university coffers or women executives with newly minted EMBAs? EMBA programs now offer women’s support networks, clubs, and mentoring. Some even offer symposiums on work/life balance. Della Bradshaw from the Financial Times described an EMBA as the “Gucci handbag of the business school world.” Glitter and attract, they must—competition is keen. But have universities really just constructed better mousetraps for snapping up tuition?

The challenges women and men face in business are not identical, and the value they place on their MBA degrees reflect this difference. According to the 2005 MBA Alumni Perspective Survey of 2,209 graduates, including EMBAs, men are more likely than women to rate successful MBA program outcomes in terms of their increased knowledge base and their ability to score an international assignment. Women tend to look at whether they are more respected or gain more recognition at work, and if they experienced an increase in self-confidence.

After graduation, like a professional baseball player returning from spring training, an EMBA may still play the same position and, if things are going well, still be on the same team. But now they are expected to play better.

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mba.JPGby Pamela Weinsaft (New York City)

MBA JumpStart was created to address the lack of diversity and under-representation of minorities in the consulting and financial services industries and to “bridge the gap between minority talent entering top business schools and firms actively seeking to increase minority representation.”

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The New York Times ran a thought-provoking article this week called “Hedge Funds and Private Equity Alter Career Calculus,” by Louise Story. The article challenged the conventional wisdom that getting an M.B.A. puts young Wall Streeters on the fast track to top finance jobs. Instead, Ms. Story explains that many of today’s top performers in private equity and hedge funds are making way too much money in their first few years out of college to give up two years of earning potential and attend business school. Additionally, she provides a range of examples of 20-something finance whiz-kids who say that they can learn more and advance faster at their companies than by going back to school and pursuing a business degree.

Interestingly, the article quotes five men who all decided to forgo an M.B.A. and stay with their private equity, hedge fund or banking jobs, but only one woman, Katie Shaw, who left her private equity job for Harvard Business School. The other two women quoted in the article work as recruiters for major financial institutions, but were not asked about their personal decision to pursue an MBA or not.

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