This Sunday, I opened up my New York Times, and was excited when I spied the headline “Becoming the Boss,” which appeared to be an article about women entrepreneurs starting their own businesses.
The article opened by reporting that, in New York City, more than a half million businesses are owned by women, and these businesses employ 533,437 people. The article quoted a study by the Center for Women’s Business Research which found that these businesses have brought in $93 million so far in 2008.
I read on, hoping to find some inspiring stories about women who had branched out to start their own financial services firms, law firms, and businesses in growing sectors like energy, technology, communications and health care. I was hoping to learn a thing or two about the new female movers and shakers running companies in New York City.
However, upon closer inspection, I realized that most of the “successful women business leaders” described in this article clearly fell into the dreaded “pink ghetto” of decidedly women’s work. They were from industries that are universally acknowledged to be the province of women, and the kind of jobs that high achieving men would more than willingly cede entirely to the other gender.
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Becoming The Boss?
Next LevelThis Sunday, I opened up my New York Times, and was excited when I spied the headline “Becoming the Boss,” which appeared to be an article about women entrepreneurs starting their own businesses.
The article opened by reporting that, in New York City, more than a half million businesses are owned by women, and these businesses employ 533,437 people. The article quoted a study by the Center for Women’s Business Research which found that these businesses have brought in $93 million so far in 2008.
I read on, hoping to find some inspiring stories about women who had branched out to start their own financial services firms, law firms, and businesses in growing sectors like energy, technology, communications and health care. I was hoping to learn a thing or two about the new female movers and shakers running companies in New York City.
However, upon closer inspection, I realized that most of the “successful women business leaders” described in this article clearly fell into the dreaded “pink ghetto” of decidedly women’s work. They were from industries that are universally acknowledged to be the province of women, and the kind of jobs that high achieving men would more than willingly cede entirely to the other gender.
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6th Annual Hedge Fund Industry Awards
NewsAlternative Investment News’ 6th Annual Hedge Fund Industry Awards recognizes the hedge funds, fund of funds, endowments, foundations, and corporate and public pension funds that have stood out for their notable accomplishments in alternatives investing during the past year.
This year’s nominees will be honored and winners will be announced and awarded ‘oscar-style’ at the dinner and ceremony on June 25th at the majestic Cipriani Wall Street.
This gala awards dinner, held in conjunction with Institutional Investor Conferences’ Hedge Fund Investor Symposium, will host more than 400 leaders from across the hedge fund industry and is an event not to be missed!
Evening Agenda:
6:00 p.m. – 7:30 p.m.: Cocktail Reception
7:30 p.m. – 10:00 p.m.: Dinner and Awards Ceremony
10:00 p.m. – 11:00 p.m.: Awards ‘After-Party’ Sponsored by: Fraser Yachts
Dress Code:
Black-tie preferred
To Reserve a Seat / Table
Women & Networking Effectively
Next LevelBy: Robin Barone
Imagine the start of a cocktail party: the setting is a terrace of a midtown office building with an impeccable view of Bryant Park. The bar is full stacked with a selection of good wine and attended by two attractive bar tenders. Tables and chairs scatter the balcony with a selection of antipasta, crudite, and cheese to dine on. God held up his promise of good weather and you can feel good karma spreading in the air through the beats of background music.
As the event progressed, I noticed a trend. As each woman arrived, they would enter the terrace, look around, grab a glass of wine, find their friends, sit down, and get comfortable for the remainder of the evening. I will admit the chairs were really comfortable and the food was really good. But in the back of my head I kept thinking, “Aren’t they here to meet other women in our field?”
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Ask-A-Recruiter: No Magic Bullet Answers
Ask A RecruiterContributed by: Caroline Ceniza-Levine of SixFigureStart
What is the best answer to the strength and weakness interview question?
I got this exact question after a workshop I recently led. Other than his name and industry background, I had no other information. Yet, he fully expected me to come up with answers to very personal interview questions.
Actually, I am asked this question so much I almost expect it after every workshop I give. It seems that many jobseekers out there are looking for the magic bullet answers that will get them past the interview to the offer stage.
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Brokering Change: A Wall Street Multicultural Women’s Exchange Interbank Conference
NewsSave the date!
Goldman Sachs cordially invites you to save the date for the Brokering Change: A Wall Street Multicultural Women’s Exchange Interbank Conference. The half-day conference will be held from 12:00 p.m. to 6:00 p.m. at Bayard’s in New York City, immediately followed by a cocktail reception.
11:30 a.m. – 12:00 p.m. Registration
12:00 p.m. – 6:00 p.m. Conference
6:00 p.m. – 7:30 p.m. Cocktail Reception
Please contact for more information
Work/Life Balance For Singles
Office PoliticsBy: Cynthia Diaz
No lifestyle options are easy and while being single, living alone, certainly has its perks, the single lifestyle—as with every lifestyle choice—does have its challenges. There is an incredible amount of freedom in fending for oneself and not having to answer to anyone but, is being solitary all it’s cracked up to be?
Generally, unless one lives the single life, it is difficult to understand that being single is not all “Sex and the City” and impossibly high heels. Often, there are higher expectations for those without spouses and children. Working in corporate America, I have been told that putting in extra hours would be expected during a crunch, not a problem. I think everyone has heard that request at one time or another. It is what often follows that is insulting: “After-all, you’re single. You have no responsibilities.” Being single somehow allows my free time to become someone else’s asset.
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Dressing Your Resume For Success Part Two
Expert AnswersBy: Kathryn Sollmann, Co-founder Women@Work Network
Last week, we covered the first of seven signs that your resume needs to be updated. Here are the remaining six ways you can keep your resume as up to date as this season’s fashions.
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Clara Furse, Dame of the Capital Markets
Breaking the Glass CeilingShe is being honored for her services to the financial industry on the Queen’s Birthday List which is compiled by England’s Prime Minister twice a year. Even though the Queen’s actual birthday is April 21st, her birthday is celebrated on the first, second or third Saturday in June for practical reasons. Mrs. Furse, along with 959 other people that have made outstanding contributions to their communities, will be awarded by Queen Elizabeth the 2nd herself.
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Confessions of an Equity Saleswoman
Office PoliticsBy: Natalie Sabia
As I dial the phone number and await the first person to answer, a feeling of anxiety, yet excitement consumes me. I gather my thoughts and search desperately within myself for the golden ticket, the one that will determine if I survive this call or not: confidence. While waiting for that confidence to start brewing inside of me, I patiently listen for someone to answer. “Will I get the assistant again?” I ponder, “Will they give me a hard time?”
I obsess over these thoughts in my head, but at the same time wonder just what they will be thinking once they do pick up. Will the financial advisor give me an attitude and then laugh to himself and think, “Why is this girl calling me?”
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Catalyst Provides Fresh Research on Women’s Business Leadership
NewsCatalyst, the top think tank for women’s workplace issues, relaunched its new website on June 12, 2008. The new site is packed full of studies, interviews and news stories on diversity and inclusion practices of major companies, women in leadership positions and the advancement of women of color.
Founded in 1962, Catalyst is a major nonprofit membership organization working with businesses worldwide to build inclusive workplaces and expand opportunities for women and business. At The Glass Hammer, we consider Catalyst to be a reliable source for research data on the subjects that women in law, finance and business find most important. They also host the Catalyst Awards, kind of like the Oscars for diversity and gender-inclusiveness the the workplace.
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