THE GLOBAL RISE OF FEMALE ENTREPRENEURS

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By JACKIE VANDERBRUG

Women's entrepreneurship has hit a media tipping point. The question is: Is it just a passing media fad that will soon be a blip on the radar screen, or is it actually a real, fundamental economic force that's reshaping the world? I think it's safe to say that it's the latter. Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike. Read More > 

THE OPT-OUT GENERATION WANTS BACK IN

By JUDITH WARNER, The New York Times

In the early 2000s, the 'Opt-Out Generation', a group of women who were "highly educated, very accomplished, well-paid professionals with high-earning spouses, made headlines for leaving the work force just when they were hitting their stride".

Since that time, the economic landscape and culture of motherhood has altered considerably.

After 10 years and many, many “why women still can’t have it all” debates, Judith Warner wanted to know what happened to the mothers who gave up promising careers in the late 1990s and early 2000s to be home with their children.

"The 22 women I interviewed, for the most part, told me that the perils of leaving the work force were counterbalanced by the pleasures of being able to experience motherhood on their own terms. A certain number of these women — the superelite, you might say, the most well-off, with the highest-value name-brand educational credentials and powerful and well-connected social networks — found jobs easily after extended periods at home. These jobs generally paid less than their previous careers and were less prestigious. But the women found the work more interesting, socially conscious and family-friendly than their old high-powered positions." Read More > 

WHY DO YOU DO WHAT YOU DO?

By TONY DEIFELL & THE HBS WOMEN'S STUDENT ASSOCIATION ALUMNI TEAM

Harvard Business School is celebrating its 50th Anniversary of female MBAs. To commemorate, HBS created the W50 Portrait Project: a profile of 50 outstanding women alumni who were asked the following question: "Why do you do what you do?" Canopy's own Brooke Borgen was selected as an entrepreneur who is forging an independent path for herself and members of the Canopy portfolio. Read More > 

THE NEW J-O-B: DEFINED BY INNOVATIVE DENVER MOMS

By JENNIFER KELLY

There is something about your youngest heading off to kindergarten. It makes you feel as if you will suddenly have time on your hands. It fills your head with ideas about working out again, reading again, taking up a hobby, and of course, going back to work.

We too once wore lipstick and shoes with heels that click-clicked down long marble hallways. We used to close our office door when we needed to think. We had lunch meetings.

We strategized and launched businesses, wrote white papers and crunched numbers for annual reports. We hired and fired people who did our bidding. Despite the high heels, we climbed corporate ladders… some to glass ceilings, which we sometimes broke. We put in hours and hours at the office, with our next promotion always top of mind. Read More >

 

THE POSITIVE ECONOMICS OF 'LEANING IN'

By DAVID WESSEL, The Wall Street Journal

In case you missed the 43-year-old Facebook executive speaking with Oprah or on the cover of Time, the thesis of her "Lean In" book is this: We have educated a generation of women well, but too few make it to the top rungs. That's partly because of societal barriers and subtle biases remain, partly because of women's behavior.

Ms. Sandberg argues that, among other things, this is economically self-defeating. "If we tapped the entire pool of human resources and talent, our collective performance would improve," she says. Read More >

 

THE REAL WOMEN'S ISSUE: TIME

By JODY GREENSTONE MILLER, The Wall Street Journal

Why aren't more women running things in America? It isn't for lack of ambition or life skills or credentials. The real barrier to getting more women to the top is the unsexy but immensely difficult issue of time commitment: Today's top jobs in major organizations demand 60-plus hours of work a week.

In her much-discussed new book, Facebook Chief Operating Officer Sheryl Sandberg tells women with high aspirations that they need to "lean in" at work—that is, assert themselves more. It's fine advice, but it misdiagnoses the problem. It isn't any shortage of drive that leads those phalanxes of female Harvard Business School grads to opt out. It's the assumption that senior roles have to consume their every waking moment. More great women don't "lean in" because they don't like the world they're being asked to lean into. Read More >

 

MCKINSEY TRIES TO RECRUIT MOTHERS WHO LEFT THE FOLD

By LESLIE KWOH, The Wall Street Journal

McKinsey & Co. wants its moms back. The big consulting firm is quietly reaching out to female employees who left some years ago—presumably to start families—to see whether they are ready to return.

The issue of lost women workers remains a delicate one for many companies, particularly in highly skilled professions, such as consulting or banking.

Read More 

 

YET ANOTHER REASON COMPANIES NATIONWIDE ARE TURNING TO INDEPENDENT CONTRACTORS FOR MISSION CRITICAL WORK

"Ahead of Health-Care Law, Small Firms Worry About Crossing the Crucial 50-Person Threshold"

By EMILY MALTBY, The Wall Street Journal

During her two-plus years in business, Elizabeth Turley has steadily recruited new employees for her apparel company, Meesh & Mia Corp., to keep pace with its rapid growth. But this year could be different. Instead of increasing her staff, she plans to hire independent contractors for tasks that can be outsourced, such as marketing and product development.

Her reason? Meesh & Mia is on the cusp of having 50 full-time employees. If the company hits that threshold, it will have to provide health coverage that meets government standards or potentially pay a penalty. Read More > 

THE RISE OF THE SUPERTEMP

By JODY GREENSTONE MILLER and MATT MILLER, Harvard Business Review

Ed Trevisani hangs with his young sons when they come home from school. He volunteers as a Boy Scout leader, serves on nonprofit boards, and teaches management at Philadelphia-area universities. He’s even been known to sit on the back porch in the middle of the workday. Not bad for a guy who’s still pulling down as much as he did when he was a partner with IBM and PricewaterhouseCoopers.

Trevisani is a Wharton MBA and GE alum who now manages high-powered projects for Fortune 500 companies and advises executives on operational issues, change management, and potential mergers. He does all these assignments on a temporary basis, working as an independent contractor.

Let’s call Trevisani a supertemp. He and others like him belong to the “free agent nation” popularized a decade ago by the author and workplace guru Daniel Pink, but they inhabit its most rarefied precincts. Supertemps are top managers and professionals—from lawyers to CFOs to consultants—who’ve been trained at top schools and companies and choose to pursue project-based careers independent of any major firm. They’re increasingly trusted by corporations to do mission-critical work that in the past would have been done by permanent employees or established outside firms. New intermediaries have sprung up to create a market for such marquee talent. Supertemps are growing in number, and we think they’re on the verge of changing how business works. Read More >

FOR FREELANCERS, LANDING A WORKSPACE GETS HARDER

By KAOMI GOETZ, NPR

The recession brought widespread unemployment across the U.S., but it also prompted a spike in the number of freelance or independent workers.

More than 30 percent of the nation's workers now work on their own, and the research firm IDC projects the number of nontraditional office workers — telecommuters, freelancers and contractors — will reach 1.3 billion worldwide by 2015.

Typically, freelancers get to choose when and where they work. Many opt to set up shop in "co-working" arrangements, where they can rent a cubicle and other office resources by the day or the month. Read More >

 

WHAT DOES WORK LOOK LIKE WHEN HALF OF AMERICANS ARE NOT IN A JOB?

By HAYDN SHAUGHNESSY, Forbes

George Bradt‘s article, here on Forbes, describing the top three questions employers ask, proved to be very popular (at 1.5 million views). But it got me thinking in a different direction.

During the same week, a Time magazine blogger pointed out that the majority of workers will be free agents by 2020 (that data comes from consultants MBO who presented it at the Dec 2011 GigaOm NetWork Conference). Read More > 

 

FREELANCERS, GET THE PERKS OF A FULL-TIMER

By EMILY GLAZER, The Wall Street Journal

As a freelance art director without employer-sponsored health insurance, Anthony Scerri couldn't afford doctors' visits and medications to treat his various allergies and other ailments. Then he found insurance through the Freelancers Union, an organization that aids independent workers through free advocacy, education and resources.

He paid a monthly premium of $476 for medical, dental and vision coverage from January 2010 until he took a full-time job last October—nearly half of what he would have paid for private insurance and a lot less than the thousands of dollars he would've shelled out for treatment without insurance.

"If I didn't have the freelancers insurance," says the 28-year-old from New York. "I honestly don't know where I would be." Read More >

 

MILLENIAL WOMEN ARE BURNING OUT AT WORK BY 30... AND IT'S GREAT FOR BUSINESS

By MEGHAN CASSERLY, Forbes

Rochelle Behrens spent five years in political affairs as both a White House intern and an associate at a bipartisan lobbying firm. She loved the political scene but by age 25, something began to bother her. Like many of her Millennial peers, Behrens says she was raised on a diet of encouragement to live her dreams. “The attitude was very much, ’Do what you love and success will follow,’” she says, “and so there’s this pressure to not just succeed at a young age, but to be fulfilled and passionate about your day-to-day.” Read More >

 

5 CAREER MAKEOVER SUCCESS STORIES

Make no mistake about it, bouncing back from career disruption is no cakewalk. A brief look at how five professionals managed to successfully reinvent themselves.  

By DOUGLAS ALDEN WARSHAW, Fortune

Fixing a Broken Legal Industry:  

Mae Tai O'Malley

Then: Lawyer, dotcom exec

Now: Owner, Paragon Legal

The first time Mae Tai O'Malley was disrupted, she was 27 years old. Until then it had been one win after another: She'd sprinted through high school in San Francisco with straight A's, followed by Stanford and Berkeley's Boalt Hall School of Law. She'd joined a prestigious firm, then left it for a dotcom that went public, tripling in value, three days after she arrived. Then the bubble burst. Read More > 

BEST INDUSTRIES 2011: FOR STARTING A BUSINESS

Employment and Recruiting Agencies.  

By GABRIELLE M. BLUE, Inc.

Let's admit it: The jobless rate is still high. So are profits for recruitment, staffing, and temp agencies.

Job hunting can be so much easier when someone else is doing it for you. Although reports from IBISWorld show that growth for employment and recruiting agencies are still negative, the future looks bright. Evidence of an economic recovery is seen in the numbers.

Temp agencies and staffing services have shown an 18 percent year-over-year growth rate, according to AnythingResearch.com. That's largely because companies are more comfortable with the flexibility of temporary labor, in case of another recession, and IBISWorld reports a nearly 5 percent growth annually from 2011 through 2016. Read More >

MBAs FIND CAREERS OUTSIDE OF CORPORATE AMERICA

By DMBA NEWS TEAM

While earning her Master of Business Administration degree at the University of North Carolina-Chapel Hill, Bridgette Young hoped her concentration in human resource management would lead to a lucrative career in corporate America.

When she graduated in 1985, Young went to work for Baxter Healthcare Corp. as a human resources manager. Three years later, she moved on to become a human resources manager for Taco Bell, where she oversaw the restaurant chain’s staffing in North and South Carolina.

In 1990, just five years into her career, Young became ill and was diagnosed with lupus. After a year on disability, she was able to return to work and was offered a position as a human resources director with Coca-Cola in Atlanta. But Young decided to change her direction and chose not to take the job. Instead, she opted to enter the ministry and use her MBA training for the church. After obtaining her Master’s of Divinity in pastoral care and counseling, she went on to oversee the ministries and staffs at Cascade United Methodist Church and, later, Mt. Bethel United Methodist Church. Both are “mega-church” congregations in the Atlanta area, with a membership of about 7,000 each. Read More >