smallairplane.JPGby Kate St. Vincent Vogl (New York City)

Flying by the seat of your pants is more than making things up as you go along. It’s trusting your instincts. I learned how in a Piper Cherokee. Not the first small plane I’d ever been in, but the first time for me in the left seat.

My flight instructor had a comb-over and shoulders hunched from years of folding into impossibly small cockpits. I was so sure I’d earn quicker than most. For years my family had planes—Beechcraft, Cessena, Mitsubishi. I already knew about the walk around, the preflight checklist. I knew to yell “Clear!” before starting the propeller. But, I didn’t know I couldn’t count on the instruments, white numbers dialed in black upon a dusty instrument panel. Read more

racecar.JPGby Sima Matthes

According to a 2007 report, women make up fewer than 5% of the total number of CEOs in the automotive industry. However, the recent appointment of Kim Harris Jones to the position of senior vice president, corporate controller and auditor at Chrysler LLC, may be a sign that the industry on the road to change.

Read more

gates-massoudi_heather_spring_07_clr1.JPGby Caroline Shannon (Akron, Ohio)

For Heather Gates-Massoudi, balancing work and personal life has always been a juggling act. When she was in her twenties, it was all work and no play, with her spending much of her time cranking out audits or investment banking deals long into the night. Then, as her early thirties rolled around, Gates-Massoudi found herself squeezing in more personal time, including annual vacations to exotic locales. The same went for her late thirties, when she was able to take time off for her maternity leaves and to spend time with her family.

“Which leads me to today, where balancing means enjoying the time I spend at work and enjoying the time I spend with family and friends,” says Gates-Massoudi, 40, who is the director of venture capital services at Deloitte. “I feel incredibly balanced today taking time to work out, learn with my children, laugh with my spouse, spend with friends and being thoughtful, but efficient at work.”

And Gates-Massoudi’s thoughtful efficiency is exactly what got her where she is today. Graduating with her bachelor’s of arts in accounting from Colorado University, she moved right on to public accounting at Coopers & Lybrand which is now PricewaterhouseCoopers. Despite a brief hiatus, she spent nearly a decade there before continuing on to investment banking at Hambrecht & Quist, where she worked on initial public offerings in corporate finance. Once her work was done there, she joined venture-backed company, Participate Systems, as the vice president of business development and general manager of channel partnerships, eventually, leading to her position at Deloitte.

Read more

greatwall.jpgby Kate St. Vincent Vogl (New York City)

Traveling to another country is a bit like traveling to an alien planet. “Assume laws of gravity won’t apply,” international marketing guru Christin Walth says, “and just roll with it.”

With this attitude, no matter how strange the land, Walth has always landed on her feet. In charge of marketing for Microsoft in Europe, Africa and the Middle East, she’s worked in Stockholm, London, Paris and Shanghai. In all her travels, Walth has found one universal truth, even in the remotest reaches of China: the common language of currency. Even street vendors pull out foreign phrases as if another of their most precious wares. “Beautiful lady,” they’ll say, “for you special deal.” It’s small talk that’ll get shoppers to buy, these micro-entrepreneurs know.

Read more

03011.jpgby Erin Abrams (New York City)

Kathy Robb, a partner in the New York office of the law firm Hunton & Williams, credits her success as an attorney in part to a willingness to embrace change and a passion for environmental issues.

The Glass Hammer recently sat down with Kathy, whose practice focuses on energy, environmental and administrative law, to talk about her background, her accomplishments and her advice for young women in law.

Read more

pharma.JPGby Pamela Weinsaft (New York City)

Writing for PharmExecutive.com, Kristin Rand recently asked “Where are the women in Pharma?” (article) . The article reported on a study–commissioned by the nonprofit Healthcare Businesswomen’s Association and fielded by Booz Allen Hamilton–which showed that, despite a concentrated effort on the part of the industry to ensure diversity, women at the top of pharmacuetical companies remain few and far between.

Perhaps the most telling fact is that the percentage of women in management in pharma showed little, if any, increase, over the course of the five-year period studied. The researchers, drawing on data from 19 US and European pharmaceutical companies, found that women held only 17% of senior management positions and 34% of middle management positions over the five years.

The Glass Hammer is hopeful that the following women, already making their marks in the industry, will pave the way for the next wave of women in pharma:

Read more

by Jane Lucken

How do you make partner not once, but twice, before reaching age 35? To find out, The Glass Hammer spoke to Laura Hinton, Tax Partner at PricewaterhouseCoopers LLP (PwC) in London.

Upon graduation from university, uncertain of her direction, Hinton applied to accountancy firms to boost her qualifications and gain exposure to a range of businesses. With an eye toward some day having a business or consulting career, she started her career in 1994 at BDO Stoy Hayward, an accountancy firm in London.

Read more

by Sima Matthes (New York City)

I am a fearless public speaker. I know this to be my strength, and marvel at the number of otherwise well-spoken and intelligent women who identify public speaking as their greatest business fear. I certainly understand; I was not always this confident.

I also understand because I have my own fear—well, not fear, but substantial discomfort—of business entertaining. I dislike small talk, and find it draining to be one-on-one with someone with whom I have nothing in common except a business interest. Put me before hundreds, no problem; face-to-face, I have to pretend there’s a crowd in order to get through.

I am awed by the skills of some of my colleagues and friends, moving with ease from business event to business event. At each, they are engaging, “on” and relaxed. How fortunate that I had them to turn to when, recently, I found myself faced with the prospect of an important dinner out with potential clients.

Michelle, a VP at a large public relations firm, suggested cultivating relationships with your favorite local places. She has a list of ten restaurants that she takes time to patronize regularly. She has one or two that have a great brunch, another that allows her to pre-select the menu when there’s only an hour available for lunch, and more than a few that can accommodate larger groups for dinner. She greets the staff warmly, tips the maitre d’, and knows the menus well enough to order and make recommendations confidently. She takes the time to confirm the reservation herself—no delegating of this critical task—and makes sure that the wait captain knows that she’s the host of the meal.

These relationships allow her to request the privacy she requires for particular meetings, and to pre-select the menu. She usually arrives early, positions herself at the proper place at the table, then meets her client or guest at the captain’s station without disrupting the table setting. If she meets her guest at the table, she stands as they arrive, gives them a firm handshake, and invites them to sit in the best seat, the one that looks out into the room.

Michelle and my friend Larra—a partner in a prestigious law firm—recommend tipping 20 percent or more, particularly as you’re building your relationship with those restaurants. Larra says that rather than sulk about a problem and stiffing the wait staff, cultivate the ability to speak up kindly and professionally for the resolution you seek.

Larra regularly arrives fifteen minutes before her guests, and arranges to pre-pay the bill. She takes care to handle even the smallest detail, including tipping the coatroom attendant. She makes it her job to smooth over every problem, and allow her guest a carefree experience.

She offers her guests a “beverage” rather than a “drink.” This may seem like just semantics, but many of her corporate clients discourage drinking, especially at business lunches. This is an important detail—knowing the corporate culture of your industry and your client’s company.

Another friend, Candace, related an anecdote about a $700 business lunch for four people early in her career. It seems that she was unaware that she could set limits discreetly, and found herself with clients who knew no limits. After their third expensive bottle of wine, she realized she was in trouble. When the credit card bill arrived at her firm, a lesson followed the reproof: Set the limits on hospitality by casually suggesting an appetizer and some of the items on the menu. Discuss the menu with the wait staff, and then defer to your guest. If your guest orders an expensive item on the menu, you should as well. You want your guest to feel comfortable with his or her choice.

It occurs to me that the turning point in my fear of public speaking came the day I realized that with preparation and timing, I could get through even the biggest presentation. I expect that the same is true for business entertaining: preparation and timing are the keys to success.

by Margarita Shelley-Smith (Ann Arbor, Michigan)

The Glass Hammer recently spoke with Michelle Crumm, the co-founder and chief business officer of Adaptive Materials, an innovative company in Ann Arbor, MI. Adaptive Materials (AM) develops portable, quiet and efficient fuel cell systems capable of converting low cost, ecologically friendly fuel into electrical energy. These devices are already being used by the United States Armed Forces, commercial industries, and in emergency response situations by the Department of Defense.

Michelle Crumm, the business mind behind the success of the company, is a licensed CPA, with an MBA from University of Michigan. She was awarded the Crain’s Detroit Business “Most Influential Women” award in 2007 and was named one of “2008 Women of the Year” by the Enterprising Women magazine. Under her guidance, the company grew from a start-up into a manufacturing enterprise with double-digit increase in revenue. In March, the company moved to brand-new 47,000 square foot headquarters, and noted that its staff had tripled in the past year.

Read more

by Heather Cassell (San Francisco)

What do Liquid Paper, the submarine telescope and lamp, Kevlar, the windshield wiper, and the rotary engine have in common? They were all invented by women. Women have been creating innovative technologies that benefit the lives of people worldwide since before the start of the Industrial Revolution; however, until relatively recently, few, if any, women have been acknowledged for such achievements.

The Anita Borg Institute for Women in Technology is helping to fill the recognition gap with the Women of Vision awards. The Institute, an organization that provides resources and programs to help the public and private sectors recruit, retain, and develop women leaders in high tech fields, created these awards nearly three years ago to recognize and honor women’s achievements in innovation, leadership and social impact through technology.

Read more