KarenWimbishBy Melissa J. Anderson (New York City)

Karen Wimbish, Director of Retail Retirement at Wells Fargo, refers to herself as a “second half champion.” Having been in the industry for over 35 years, and worked in several functions, she saw her career pick up significantly after her kids were high school age – and she said, women in particular can benefit from a new, more flexible vision of the workplace.

She explained, “The old notion is that you have to sky-rocket up through the ranks. You can actually do it a little later.”

At a time when people are living and working longer, Wimbish said, women shouldn’t feel locked into a particular career path. “I never managed anyone besides my part time assistant until I was over 40. I was always an individual contributor. But now in the second half of my career, I manage hundreds of people. I don’t believe in career paths – I believe in opportunities.”

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deborahfarringtonBy Melissa J. Anderson (New York City)

Deborah Farrington, Co-Founder and General Partner of StarVest Partners, said one of her key career themes has been an ability to take risks at the appropriate time and seize opportunities as they presented themselves.

She encouraged women to be more open to taking on new challenges when they arise – to walk through doorways when they are opened. “Don’t shy away from things. I think you’ll be surprised at how well you can do them,” she said.

Farrington is now a leading venture capitalist, and as one of only two women named on the Forbes Midas List of top tech investors this year, she is enthusiastic about getting more women into the field.

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alisonmaitlandBy Melissa J. Anderson (New York City)

According to Alison Maitland, co-Author of Future Work: How Businesses Can Adapt and Thrive in the New World of Work, it’s time for companies to adapt to employees’ needs – rather than the other way around. By doing so, she believes, companies can unlock untapped potential and productivity – particularly when it comes to women – and that’s good for business.

She explained, “We need corporate cultures to adapt to the two new realities of workforces and careers. First, that women are nearly half the workforce in most advanced economies. And yet many organizations are still built and designed by and for men of another era. That is no longer suitable for today’s workforce. “

“There is a connection between the way work is done and women’s lack of progress to the top.” Location should be removed from the equation when evaluating work, she continued. “Really, it’s results that should count rather than hours spent in the office.”

Future Work was released in the UK in October and in the US on the 8th of November, and discusses the urgency with which corporations need to address a changing workforce as the global marketplace becomes more complex. The book is co-written with Peter Thomson, a former HR director and a long-time expert on new ways of working.

She explained, “We both thought the way we work is crazy, and that there are much better ways to be doing it, and change is on the way.”

Maitland and Thomson interviewed over 60 executives and experts around the world and surveyed managers in their research for the book. “The majority of these managers expect there to be a revolution in working practices in the next decade. The book has a driving vision to explain how work can be done better and how people can be more productive, in a way that is good for people, good for companies, and good for the environment,” she said.

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EllenGalinskyBy Melissa J. Anderson (New York City)

“My biggest piece of advice,” said Ellen Galinsky, Co-Founder and President of the Families and Work Institute and a pioneer in the study of work-life issues, “is don’t think that tension will totally disappear. We will always have some work-life tension.”

Galinsky’s work has spanned decades and subjects – parents, children, men, women – and she’s gained key insight into the evolution of the problems faced by working parents.

“I think a lot of mothers worry about how their work will affect their child. But the fact is, the real impact on your children comes from the kind of relationship you have with them. Decades of studies have shown that work doesn’t have that much of an impact — you as parents do! So ask yourself, “what kind of parent do I want to be?”

Galinsky’s most recent work shows that more men are reporting work-life conflict than women. The Institute’s new report, The New Male Mystique [PDF], examines the reason behind it – and why it’s important for women.

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MariaCoyne2By Melissa J. Anderson (New York City)

“I wanted to be a banker my whole life,” said Maria Coyne, Executive Vice President, Business Banking Segment Group at Key Bank. Coyne graduated with a degree in finance from Notre Dame in 1982, and besides a three year foray into the non profit sector, has spent her 25 year career in banking. While she has worked in just about every part of the bank, she said, she’s always come back to small business.

“It’s where my heart was,” she said. “Particularly the women’s business sector.”

Among her proudest achievements, Coyne includes the work she’s done with the Key4Women program – Key’s program for female business owners, providing financial solutions, networking opportunities, and education. She explained that, going back to the late ’90s, Key Bank was studying the needs of women business owners. “We saw that they just weren’t applying for loans.”

“We identified it as a need and wanted to make it real.” She said the program has gone a long way in helping understand the economic value in women-owned businesses. “This is not just a “feel good” project,” she said. “These women have sophisticated business needs.”

She continued, “The most thrilling thing for me has been to see these companies grow and expand through the program.”

In 2005, Key Bank has committed to lending $1 billion over the next three years, and accomplished that goal early in 2007. “So we said, ‘Let’s double it.’” That goal, she said, was achieved in 2009. The bank is on track to achieve its next goal of 3 billion by 2012.

On the horizon, Coyne said, is a program for non profit entities similar to Key4Women. “We want to help non profits find financial solutions. We’re very excited about it.” Additionally, Coyne said, so many of the bank’s employees sit on non profit boards that the program is energizing the entire leadership team. “We’re well suited to serve non profits,” she added.

Coyne is particularly excited about the financial education portion of the two programs.

She said, “I think financial education is so important in virtually every aspect of our industry. On the consumer side, particularly in the “unbanked,” there is heightened awareness around people better managing their finances. One of the good things that came out of this bad cycle is that we are building the tools to help people manage their finances better.”

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jacquelineallenBy Melissa J. Anderson (New York City)

Jacqueline Allen, SVP of Finance, Equities Reporting, North America at Citi, said the achievement she is most proud of is going back to school for her MBA. She explained, “I finally took the leap after having breakfast with the CEO of Equities at Citi. It was three years ago, when Citi was entering the most tumultuous time of the downturn. The message I took away was that I needed to be the best I could be to propel my career. So I took inventory of myself and realized that to compete in the changing environment, I needed more education.”

Now that Allen has completed her MBA, she is looking for the next opportunity on the horizon.

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charlottelaurentottomaneBy Melissa J. Anderson (New York City)

“It’s been the driving mission of ION since our founding in 2006 to increase the number of women on public company boards and in the executive suite. One of the criteria for member organizations to join is that this must be part of their mission,” said Charlotte Laurent-Ottomane, President of the InterOrganization Network (ION).

ION is a consortium of 14 regional organizations in the United States, dedicated to the advancement of women to positions of power in the business world.

Laurent-Ottomane explained, “There has been a growing body of research showing the high correlation between gender diversity in the boardroom and the financial performance of the company.” She continued, “Women make up a huge portion of the workforce and the consumer market means it’s only natural that you have women on the board representing that audience.”

“And simply put, it just has to be that way. It’s the natural balance,” she added. “In this country, we’ve gone through many variations of equality. Now its women’s time to be equal, and that means equality in the economy and in the board room. That’s where the power lies.”

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marychungBy Jessica Titlebaum (Chicago)

We were having lunch somewhere in the 50’s in Midtown Manhattan. I had just gotten off the plane from Chicago and hailed a cab. I was meeting Mary Chung, Senior Vice President of Corporate Communications and Marketing at ELX Futures, an electronic futures exchange launched in July 2009 and backed by a consortium of investment banks including Bank of America, JP Morgan, and Goldman Sachs; among others. She had recommended we meet at a Thai place down the street from her office.

The first thing one would notice about Chung is her size. She is petite and svelte at 40 years old and in shape. At the Futures Industry Association’s annual conference in Boca Raton in March this year, she placed first in the women’s 5K run and won an iPad.

“I’ve always enjoyed pushing my body to the limit,” she said. “You are never too old to be in shape,” she said.

However because of her petite frame and youthful appearance, Chung said she felt she had to prove that she was tough enough to handle the derivatives industry.

“I probably overcompensated in the beginning because of my appearance,” she said. “I dressed in Brooks Brothers suits, rarely wore make up and tried to bury my femininity because I thought I needed to do that to be taken more seriously. I’m confident in myself now and in my experience and ability that I don’t feel the need to wear boxy pants- suits and sensible shoes to prove my professional presence,” she said with a chuckle glancing down at her Jimmy Choos.

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karenhughesBy Melissa J. Anderson (New York City)

Karen Hughes, Vice President, Technology at American Express is passionate about ensuring that women feel comfortable taking a career break – whether taking leave to care for children or other family members, or taking time off to care for themselves.

She explained, “Perceptions around on-ramps and off-ramps are still causing women uncertainty around their careers. Things are getting better though.”

Hughes leads the New York chapter of American Express’s new global Women in Technology group – and is enthusiastic about how networking and career development can help women grow.

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Image Courtesey The Network Journal

Image Courtesy The Network Journal

By Melissa J. Anderson (New York City)

The best advice Antoinette Hamilton ever received came from a Mary Timmons, a former mentor. “I was nineteen years old, and she told me ‘Find a job you love and you will never work a day in your life.’ It set the tone for my career.”

Now Director of Diversity and Inclusion at L’Oréal USA, Hamilton’s own advice for young people entering the workplace is just as encouraging: “Be curious and be great,” she said.

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