thought-leadershipTo Reshma Saujani, Founder of Girls Who Code, success means taking risks and pursuing your passions – even with the understanding that you might fail. In fact, in her new book, Women Who Don’t Wait in Line, she explores the importance of failure and its connection to risk, and what it means for today’s women.

“It’s about understanding what your destiny is and striving for it,” she explained. “When I ran for Congress, people said ‘it’s not your turn yet.’” Saujani’s run was ultimately unsuccessful. Yet, she explained, she learned a valuable lesson. “It’s embracing failure,” she said. “Often, we feel like we have to do the job to get the job.” By shedding fears around failure and taking big risks, more women could achieve their dreams.

She also learned about the value of sisterhood during her campaign, another theme of her book. “Women have the power to help other women. We have to create a culture where we help each other. I can’t tell you how many women leaders, when I was researching for my book, said they seek to hire women. I want to encourage women to do the same.”

“It’s in our own hands to crash through the glass ceiling,” she added.

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By Melissa J. Anderson (New York City)

“I think people starting their careers often make a common mistake – they have an idealized notion of what a career might be, but they fail to investigate the day-to-day,” began Jamie Zimmerman, Founder and CEO of Litespeed Partners, an event-driven fund specializing in distressed debt.

Zimmerman learned this the hard way – she had planned on a prestigious career in law, aspiring to be the first woman on the Supreme Court. But when it came to actually being a lawyer, she discovered she wanted a different career path.

Today, she runs her own fund, doing work she finds fascinating and engaging. “Your life is the day-to-day, and I think it’s very important that you love it, that on Monday morning you get up and you want to go to work.” She continued, “At Litespeed, we are investigative reporters with an investment overlay. Every day, we try to predict and profit from the future. It is always challenging, always interesting, and a lot of fun.”

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By Robin Madell (San Francisco)

Do you have an entrepreneurial idea that you just can’t shake? Leila Kanani recommends pursuing it. “Lawyers are all, as a group, very risk averse,” says Kanani. “I’m not in that group. My advice is to quit your job and go after any idea you may have. Take the risk. Your fallback is that you can always go back to your corporate job.”

Kanani speaks from experience. After spending a decade as an associate in BigLaw firms in DC and Atlanta, she now runs her own company in Chicago, Intermix Legal Group, that helps professionals achieve better balance between work and family. She left her position last March as an intellectual property attorney at Sterne, Kessler, Goldstein & Fox to launch Intermix.

Her goal in starting the company was to help attorney parents keep their skills sharp and their resumes current if they’ve opted to leave their firm to focus on family life. Kanani’s company helps match these parents with project-based work with law firms and corporate legal departments. Participants in the program work from home, choosing their own projects and hours.

“Intermix is really an answer for all those women that leave these firms and then think, ‘Now what?’” says Kanani. “Why let their hard earned skills and education go to waste just because they choose to stay at home?”

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By Melissa J. Anderson (New York City)

According to Laurie Nordquist, Director of Institutional Retirement and Trust at Wells Fargo, one of the most important pieces of advice she has ever received was on the value of staying true to herself.

“Be yourself – it’s important for all of us. The more you can be authentic at work, the more you can use that energy to make a difference,” she explained. And after thirty years in the business, she has the experience to know it’s true.

She explained, “I had a wonderful boss who gave me that advice and it’s really helped me over the years. It’s okay to be unique or a little quirky – don’t think there’s a particular style you have to follow. Just come in and be yourself.”

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carol sawdyeAccording to Carol Sawdye, Chief Financial Officer at PwC, it’s important to maintain a “sense of urgency” about your career. It took Sawdye 17 years to figure this out, she said with a laugh.

After climbing through the ranks to partnership at PwC, she set out for a new chapter as CFO and COO at the M&A firm Skadden Arps, which led her to a more recent, challenging role as CFO at the NBA. Now, she is back at PwC, working as part of the US Leadership Team to transform the nature of how the firm does business in a rapidly changing, 24/7, global marketplace.

Sawdye explained, “You don’t necessarily need to move to new employers. There are typically a lot of opportunities in the place where you are currently employed to get new experiences and advance your skills. The way to get from point A to point B is not necessarily a straight line.”

“After moving up the ranks at PwC for 17 years, I made the move to Skadden – it was a big leap. But I had the desire to become part of a management team so I just decided to do it. You really need to be willing to see opportunities and take calculated risks.”

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By Melissa J. Anderson (New York City)

After excelling in mathematics at her Quebec high school, Catherine Reimer, now Vice President and Senior Insurance Portfolio Manager at ING U.S. Investment Management, went on to study actuarial science in college. For her first internship, she worked on the investment side of an insurance company and from there she was hooked. “I really enjoyed the dynamic environment of fixed income,” she said. She began her career working in asset and liability management and then moved to new product development for institutional clients, derivatives and then to Insurance Portfolio Management.

“I had a great boss at the time, who gave me plenty of opportunities to work on new projects. When he moved to the USA, he asked me to work at his new company, so I moved to the USA too.”

In fact, Reimer emphasized the importance of good bosses and mentors she has had along the way in helping build her career. “I’ve never had a formal mentor, but I have been blessed with having really strong male bosses, who opened doors for me and gave me credit when I deserved it. Being surrounded by great people has been the key to my career.”

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By Melissa J. Anderson (New York City)

Reflecting on her career, Julie Sweet, General Counsel at Accenture, says her path was shaped by a drive to do the unexpected. “One thing to note is that I didn’t set out early in my career to be the general counsel at a big company.”

She explained, “Sometimes early in their careers, young people think they have to have it all figured out. But I think it’s important to leave your life open to unexpected opportunities.”

Sweet began her career at the global law firm Cravath, Swaine & Moore, and spent ten years there after making partner. In 2010, she made the leap into the corporate space at Accenture. “At each stage of my career, I’ve really focused on doing something that others haven’t done – I call that exploring uncharted territory,” she said.

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By Melissa J. Anderson (New York City)

“What excites me and makes me driven is that I love to invest capital,” began Vivian Lau, Partner at Serengeti Asset Management. “And when it comes to investing, the markets are exciting. Every year it’s hard to make money until you finish the year and find ways to make money. I just love coming to work every day.”

At 34 years old, Lau has achieved quite a bit. After graduating from Harvard in 2000, she began her career at Goldman Sachs on its distressed investments desk. Six short years later, she became managing director at the firm. She ran Goldman Sachs’ proprietary business until 2008 when she joined Serengeti Asset Management as a partner.

At Serengeti, she is responsible for managing the business as well as the portfolio. “Our goal is to find investments that are cheap or misunderstood in some way.”

“I’ve never been someone tremendously proud of accolades, but I think what I’m most proud of is what we have accomplished here at Serengeti. We’re a five year-old business with a billion dollars in capital,” Lau continued. “I’m also proud of the team we have built. We’ve attracted people we’ve worked with in the past – I’ve worked with these colleagues for seven to ten years.”

“I work with people whom I trust and whom I truly love working with. When you find the right people and work with them, I think you can build a tremendous investment firm.”

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thought-leadershipToday, with our myriad platforms on which to publish, promote, “like,” and share, maintaining a reputation is both easier and more difficult. The Internet as a tool can make our thoughts and feelings public instantly – so you had better be sure what you do share is authentically you, and carefully considered. That goes doubly for leaders – because especially when they self-publish over social media, leaders are the subject of other people’s scrutiny and discussion. And that’s the essence of reputation – you can craft it with your own behavior, but it is spread by other people.

Davia Temin, Founder and CEO of the global reputation management firm Temin & Co., sincerely believes that your reputation is your biggest asset – and it’s also a big responsibility. She explained, “The first quote on our website is by Warren Buffett and I think it’s the best and most true way leaders think about reputation. He says, ‘It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.’”

Your reputation encompasses how you conduct yourself, what you say and do, what you say about yourself, and what other people say about you. It’s built on a lifetime of actions and interactions, Temin says. Leaders need to be sure they’re living up to the reputation they want to have. “Seek to create an authentic and consistent reputation that encapsulates and captures your best self. And then live up to it.”

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By Melissa J. Anderson (New York City)

“You really have to take charge of your career,” began Stephanie Breslow, Partner & Co-Head of the Investment Management Group at Schulte Roth & Zabel. The reason, she explained, is because while partners or senior people may take an interest in you, you have to leverage that interest into advancement.

She continued, “It’s like the television show Downton Abbey – the people who work downstairs know so much more about the people upstairs than the other way around. You know that your firm is going to try to train you, but you will be much more aware of what you need and what you are pursuing than the partners.”

Breslow advised junior lawyers not to be timid about seeking more responsibilities or experience from those at the top. Also related, she continued, is knowing when it’s time to start doling out responsibilities to people who are more junior.

“It’s human nature that people will be happy to let you handle work if you are happy to do it. But you have to learn when to start to delegate or to hand off tasks to someone else so you can get to the next level.”

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