Intrepid Woman: Amanda Steinberg, Founder and CEO, DailyWorth

AmandaSteinbergBy Melissa J. Anderson (New York City)

“Our mission is to transform women’s relationship to self worth and money – to empower women to increase their net worth,” said Amanda Steinberg, Founder and CEO of DailyWorth. “There is a lot of media attention around increasing savings and salary potential, but increasing net worth – you don’t hear a lot about it.”

“We want to really understand what the particular issues are around money, and provide engaging and interesting financial information,” she continued. DailyWorth is a web community for women to learn about personal finance in a more engaging, empowering way.

“It’s about freedom of choices in life,” Steinberg explained. “The endgame for many women – even successful ones – is this ideal of the ‘full scholarship.’ So many women still strive toward this husband/provider construct. It’s like some sort of princess rescue fantasy.”

She continued, “But for far too many women, it doesn’t work out that way – and it’s an antiquated idea that lives in our subconscious.”

“The next level of the women’s movement is knowing that you have a choice. You don’t necessarily have to be the breadwinner or the CEO – but you can choose to be.”

“It’s about liberation. Or it is for me, anyway,” Steinberg added.

Read more

/by

Voice of Experience: Joanna Cound, Managing Director, Government Affairs and Public Policy, BlackRock

joannacoundBy Melissa J. Anderson (New York City)

According to Joanna Cound, Managing Director of Government affairs and Public Policy at BlackRock, a critical career juncture for women is the move from director level to managing director.

“I made MD in 1994, before there were a lot of [women’s leadership] programs in place. It’s amazing how robust the program that BlackRock has set up is,” she said. BlackRock Women’s Initiative Network (“WIN”) was launched in April 2010 and currently has seven regional chapters with over 1,800 members. She advised that women begin to build a supportive network early, to help navigate and seek mentorship throughout their career.

“Networks are hugely important to your career,” she said. “Women know this but often neglect networking for more immediate priorities. Seeking guidance from senior executives, both from mentors and more informally from colleagues, is also critical. They say ‘feedback is the food of kings’ and it’s true. Ask for feedback and act on it.”

Read more

/by

Voice of Experience: Monica McConville, Partner, Practice Leader, English Law Equity Capital Markets, Shearman & Sterling

Monica_McConvilleBy Melissa J. Anderson (New York City)

“It’s important for women, when first starting out, to remember that you have a right to a seat at the table, even if you’re the only woman in the room,” said Monica McConville, a London-based partner and leader of Shearman & Sterling’s English law equity capital markets practice.”

She added, “Opportunities will come your way. Always try to embrace them.”

Read more

/by

Voice of Experience: Natalie Horton, Head of Synthetic Equity Trading for North America, Deutsche Bank

nataliehortonBy Melissa J. Anderson (New York City)

Natalie Horton, Head of Synthetic Equity Trading for North America at Deutsche Bank, has spent seventeen years learning the business. And her biggest piece of advice comes down to building relationships.

“Network – I could say it a thousand times. It’s so important. Above you, around you, and below you,” she said. “Get to know everyone. That’s how you learn. If I have any sort of problem, maybe I don’t have the answer, but I know who does,” she explained.

Horton has built her career by taking risks and making connection with others – and, she said – she wants more women to feel comfortable doing the same.

Read more

/by

Voice of Experience: Jennifer Fitzgibbon, Managing Director, Treasurer, Americas, RBS Global Banking & Markets

jenniferfitzgibbonBy Melissa J. Anderson (New York City)

“Think about how you are going to distinguish yourself in this industry,” advised Jennifer Fitzgibbon, Managing Director and Treasurer, Americas at RBS‘s Global Banking and Markets division. “What are the things I can do to stand out and establish myself as a go-to person?”

This is something Fitzgibbon has worked hard to do throughout her career. She recalled attending an off-site ski trip in Austria early in her career. She didn’t know how to ski but managed to connect with a colleague whom she had not previously met). He convinced her to ski down the black diamond slope with him.

“Later, I found out he was actually our new global head, and subsequently had recommended me for a large role because he thought I could handle anything. That’s the importance of putting yourself out there and taking a risk. Just try to do it without so many bruises!”

Read more

/by

Voice of Experience: Kim Stafford, Executive Vice President, PIMCO

Stafford_KimBy Melissa J. Anderson (New York City)

“One of the challenges women face in financial services is the overall number of senior women we have as an industry. There are many amazing women at PIMCO, and in the industry broadly, but there are fewer of them than men,” explained Kim Stafford, Executive Vice President at PIMCO.

She continued, “But I’m actually quite heartened that this is changing. We’re actually seeing many more female leaders in the industry and that’s exciting.”

After eleven years at the firm, Stafford recently joined PIMCO’s executive office, working on firm-wide strategic, financial and operational initiatives. Also an enthusiastic supporter of women in the industry, Stafford is a member of the steering committee for the firm’s Women’s Leadership Network.

Read more

/by

Intrepid Woman: Learning about Effective Leadership by Rappelling Waterfalls

laurabergerContributed by Laura Berger, Executive Advisor and Founder of The Berdéo Group. She is also Director of Corporate Programs at Tiara—Exceptional Women’s Coaching.

While living in Costa Rica, I learned to rappel waterfalls from great heights. I overcame what I thought was an insurmountable challenge – my fear of heights.

When my husband and I went on our first rappelling trip, I was instructed on the techniques for gradually rappelling without having to plunge into the water from the precipice 110 ft up. Rappelling reduces the acceleration of gravity, thereby avoiding the crushing clash of two surfaces—one being part or all of the adventurer’s body and the other being the rocky pool below. Fortunately when done properly and with control, rappelling allows you to enjoy your surroundings during the gradual descent and exercises the brain by learning new techniques to be applied to the next rappelling experience.

Certainly, significant preparation is required. Our guides had rappel anchors with backups already in the trees at the top of the waterfall. Even so, they invested significant time and energy in retesting these anchors before our rappel. They also tested our knots, checked that the ropes were properly looped through our rappel devices and made sure that our ropes would not come into contact with any sharp objects during our descent for fear of their severing.

My rappel could only begin when I committed myself to angle my body 90 degrees so that I could walk on the wall face horizontally. This was extremely counterintuitive, but trying walk vertically as I was used to resulted in my body slamming into the wall face-first, very painfully.

The descent was controlled by grabbing the rope below my waste, not above. Since my body was hanging from the rope above, my natural inclination was to grab the rope hard above my waist with both hands to avoid a fall. Of course, this would only scour my hands raw, before I fell anyway. Truly, there is no strong grabbing required. Rather, lifting the hand outward away from the waist speeds up the descent and bringing that hand downward below the waist slows it.

Rappelling waterfalls is exhilarating on so many levels. First, realizing that slanting my back flat horizontal to the ground 110 feet below actually was safer was a thrilling paradigm. Then, walking a wall of orchids, mosses, insects, and other wonders gave the feeling of exploring uncharted territory. The brake hand is a fantastically unreasonable anomaly as well. That is, to completely stop and dunk my head in the waterfall or examine a plant by lowering one hand was complete defiance of natural laws.

Finally, arriving at the bottom of the rock face and seeing the wall above was organically awe-inspiring in that an otherwise unconscionable route was taken in a methodical, controlled manner. The unconventionality of the experience was a rush, even though there was never any true danger given the safeties in place.

Read more

/by

Movers and Shakers: Ellen Galinsky, Co-Founder and President, Families and Work Institute

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.

Read more

/by

Voice of Experience: Liv Sandbaek, Managing Director, Technology, Accenture

LivSandbaekBy Melissa J. Anderson (New York City)

In her 20 year career in technology, Liv Sandbaek has climbed the ranks at Accenture to become Managing Director of Technology in the company’s UK office. In fact, she’s become so well regarded that she was recently awarded by Science and Technology award at the CBI and Real Business’ 2011 First Women Awards.

According to Sandbaek, women have the skills to get ahead – but often lack the confidence to take charge. She said, “Women need to feel 100% confident to do a job before they accept, but men will volunteer for anything. We need to take a few chances here – it’s all to do with the confidence you feel inside.”

Read more

/by

Rising Star: Kelly Widelska, Knowledge Leader – Global Transaction Advisory Services, Ernst & Young Global

By Cleo Thompson (London), founder of The Gender Blog

For London based Kelly Widelska, an Associate Director at Ernst & Young, knowledge really is power and has led to global opportunities. Following her Masters in Information Management from the University of Sheffield, Widelska joined the accounting giant’s EMEIA management consulting division for two years, prior to moving to Cap Gemini following the sell-off of E&Y’s consulting practice. A year later, she returned to the Ernst & Young fold and headed to China and Hong Kong, where she helped to set up and develop the Centre for Business Knowledge, an internal function for knowledge management, providing programmes, techniques and technologies to help E&Y staff share what they know.

After three years in China, her role expanded into the Far East, after which she returned to the UK in 2005 to a transaction advisory role in a country knowledge management capacity. Her next move saw a shift to a broader cross-firm position, supporting Global functional teams in areas such as Tax, Climate Change and Sustainability and People teams with their knowledge sharing needs. Widelska has been in her current role as Global TAS Knowledge Leader since 2009 and now leads a team of ten as part of a highly matrixed knowledge organisation.

Read more

/by