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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Business woman in conference with associatesBy Melanie H. Axman (Boston)

Out of all the potential hurdles women face in the workplace, surprisingly the biggest challenge can sometimes be a lack of self-confidence. According to a survey titled, “Ambition and Gender at Work” [PDF] published by the European Institute of Leadership and Management, “There is a strong link between managers’ confidence levels and ambition.” The study further cites that “individuals with high levels of personal confidence are more likely to have a very clear idea of their career path as well as greater expectations to ‘take on a management or leadership role,’ and have these expectations met.”

Given the direct correlation between confidence, ambition, and subsequent achievements for women in the workplace, how do we push through our uncertainty and begin to focus on our abilities and talents? Here are 5 tips to consider.

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iStock_000009254444XSmallContributed by Liz O’Donnell, Author of HelloLadies.com

Remember those reports of the “man-cession” and the “she-conomy” over the last couple of last years? It seems they may have been premature. According to a recent study from global accounting and consulting firm Grant Thornton International, the number of women in senior management positions globally decreased to from 24 percent in 2004 to 20 percent in 2009. Furthermore, the percentage of privately held businesses with no women at all in their senior management ranks has risen to 38 percent, up from 35 percent in 2009.

This decrease has surprised those who believed the recession was “The End of Men.” In the United States, economists had predicted the number of women on the national payroll would surpass the number of men in 2009 because 82 percent of recession-related job losses had impacted men.

While that prediction came close to reality in the fourth quarter of 2009, women never actually surpassed men and the numbers started gradually dropping off again by early 2010. In addition to that prediction, Wall Street-watchers were asking whether or not corporate diversity and more gender-balanced leadership was the key to a recovery.

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iStock_000000214466XSmallBy Melissa J. Anderson (New York City)

This article originally appeared on our sister site Evolved Employer.

Last week, Deutsche Bank hosted the first ever Out On the Street conference, an event designed to address the commercial advantage of LGBT inclusiveness for Wall Street firms.

Seth Waugh, CEO of Deutsche Bank Americas, explained that the conference held two missions. First of all, “to make sure Wall Street is an attractive and welcome place for all LGBT professionals.” And secondly, “it’s not only the right thing to do, but it is a commercial imperative.”

He explained that a broad perspective of view points enables companies to make better decisions and appeal to a broader audience of potential clients. The need for diversity of perspectives is gaining steady acceptance. This is important, Waugh said, because “Things that are nice to have but not ‘needs to have’ tend not to have a long lifespan.”

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iStock_000006074898XSmallBy Melissa J. Anderson (New York City)

This month the Financial News released the results of its fourth annual survey of women in the financial services. One of the most surprising findings was that 90% of the women surveyed want banks to be required by the government to provide greater transparency on compensation data.

The research, which surveyed 200 of the most senior leaders at twenty investment banks and corporate and investment banking divisions, showed that women represent only 8% of leaders in the industry.

The fact that almost all of them named compensation transparency as a policy of key importance is revealing. Even the most senior women in the financial services feel the wage gap is a hindrance to recruiting and retaining the best and brightest female employees – that is, half of the best potential workforce.

But based on the research, compensation isn’t the only area where transparency could be useful. Shining some sunlight in other areas of the workplace could benefit both women and the firms that need to employ them.

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Businesswoman negotiating with menBy Melissa J. Anderson (New York City)

Last week, the New York City Bar Association hosted an intimate women in law career workshop with Ida Abbott, co-founder and Director of the Hastings Leadership Academy for Women at the University of California Hastings College of the Law, co-Chair of the Women in Law Empowerment Forum, and a lawyer development consultant.

Women in any career walk a fine line – between assertive and aggressive, collaborative and accommodating, bold… and the b-word. And in a relationship-focused field like law, these tensions become even more concentrated.

Abbott said, “I remember years ago, a lawyer referred to me as a dragon lady – and he didn’t mean it as a compliment. I took it that way anyway.” She continued, “Politics is not something you can ignore – it’s a process for reconciling competing interests. As a leader, you have to find ways to persuade people with different interests to do things they might not want to do.”

There are ways to gain the upper hand in a politically charged workplace – here are three pieces of advice Abbott recommended.

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iStock_000009382221XSmallBy Melissa J. Anderson (New York City)

A recent survey by Opportunity Now, a UK-based group working as part of the non-profit organization Business in the Community, showed that men are seriously in the dark about the challenges women face in the workplace.

Helen Wells, Acting Director of Opportunity Now, said, “The percentage of women at the top has not changed – and in fact 21% of FTSE Boards have zero women on them. We wanted to see why this might be.”

“The main takeaway from this research was that the vast majority of male line managers just couldn’t see the obstacles that women are dealing with,” she explained. “It’s quite important to understand that men and women had different perceptions of the same workplace.”

Wells explained that cultural assumptions were a key culprit in the slow pace of progress in terms of getting women to the top. She said, “Success will require engaging men in the dialogue around culture change.”

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Becky Sheetz-Runkle-1Contributed by Becky Sheetz-Runkle

The Art of War. If you’re like most women in business, you haven’t read it. It probably never appealed to you. In fact, if you’re like many smart and accomplished women I’ve met, you may believe it to be completely contrary to your nature.

There are certainly women who’ve read The Art of War and applied it to their lives and their businesses. But if you’re like most, you may wonder how you can possibly adapt the wisdom of a Chinese military strategist from 500 B.C. to your daily business challenges.

That’s a fair question.

The answer is in an approach to business and life that is both time-tested and innovative. Sun Tzu’s classic has had profound influence the world over. It’s shaped Eastern military and business thinking, and in the West, its popularity continues to grow as managers and leaders apply its principles to their business challenges.

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portrait of Buisnesswoman Working with her colleaguesBy Jessica Titlebaum (Chicago)

How do you promote yourself? Many women may feel uncomfortable speaking about their accomplishments and don’t take advantage of simple procedures that can help advance their careers. But it’s something that can be critical to your career development. This week, The Glass Hammer talked to an array of experts to understand why women might need to improve their self-promotion skills, how to be better at it and what it takes to gain visibility in the workplace.

Walking the Fine Line

Lauren Rikleen, Executive-in-Residence at the Center for Work and Family at Boston College believes women walk a fine line.

“Women walk a fine line between being told that they need to promote themselves better,” said Rikleen. “On the other hand, women are sometimes seen in a negative light for promoting themselves too much.”

Rikleen believes that we should all reframe how we view self-promotion and look at it as something positive.

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Confident business womanBy Melissa J. Anderson (New York City)

How does the likeability/competence double-bind affect female lawyers today? According to some new research, it doesn’t.

A new paper published in the Duke Journal of Gender Law & Policy has surprising new insight into the classic likeability vs. competence dichotomy reviled by professional women. We’ve discussed this issue on The Glass Hammer in the past, that women tend to face disproportionate penalties when they are perceived as being “pushy” or “aggressive,” while a man displaying the same behavior would simply be perceived as “assertive” or “confident.”

But according to the study, Likeability v. Competence: The Impossible Choice Faced by Female Politicians, Attenuated by Lawyers, “in style and in effectiveness, there is no difference between how female and male lawyers are perceived.”

This flies in the face of many women’s experiences in the professional space – what are these women doing right?

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