Male directors, who made up 75% of the survey sample, prefer making decisions using rules, regulations and tradition, the survey found. Female directors, by contrast, are less constrained by rules and more prepared to “rock the boat,” the researchers found. They are also more likely “to use cooperation, collaboration and consensus-building.”
Companies with women on their boards performed better in challenging markets than those with all-male boards in a study suggesting that mixing genders may temper risky investment moves and increase return on equity.
Some women are combining the dual challenges of motherhood and start-up companies — dispelling the image of the tech entrepreneur as a single, usually male, wunderkind.
"Looking ahead, investors may find themselves at a disadvantage if they don’t invest in companies run by women, including those with children. That’s because “women are going to be a huge force in developing Web and mobile companies,” says Ms. Lee at Kleiner Perkins.
Or as Ms. Roney put it, “Women are going to come up with the best ideas for women, who are driving our economy.”
No one knows the truth behind the KPCB fiasco, but one quote goes to the gut of every woman who reads the reports on the lawsuit -- the comment by a partner regarding an event that only men, even the junior men, were invited to but none of the women, "women kill the buzz." Every woman over 25 has a litany of experiences of this kind, and at an earlier time wehad no recourse but to shut up and take it. Like the time in '87 when the executive team where I was EVP was invited by the CEO of Baxter Health Care to play golf. I showed up in Chicago with my team and my clubs eager to spend quality time with the VIP's of this life sciences corporate giant--only to be turned away at the gate of the men-only golf club. Hadn't even crossed the minds of the Baxter team that there might be a woman on the executive team of this emerging business, so bizarre was the idea in their corporate culture. The CEO coaxed me not to make a big deal of it, just go get a massage somewhere, which I did for the good of our start-up. So while my colleagues were enjoying a full day of time with the corporate decisionmakers and drinks in the club following their outing, I was only able to join then for a late dinner. Did this impact my ability to close deals, use these contacts as a resource, be seen as a multi-dimensional leader? You bet it did--and its the kind of thing that impacts your future business and financial opportunities. It happened all the time in big and small ways. It's why women make only 70% of what a man makes. It was wrong then and it is wrong now, AND THERE IS NO PLACE IN THE BUSINESS WORLD TODAY FOR THIS TYPE OF BEHAVIOR.
Probabaly the KPCB sexual harrassment part of the case will end up in a 'he said/she said" dilemma, regardless in the legal outcome. but the gender discrimination piece shouldn't be so difficult to determine. If women were ever excuded from company business or 'social' events, meetings, conversations, they are ethically guilty, if not legally. If those types of words were uttered ever-and everyone inside knows if its true--that partner (or partners) needs to be relieved of his duties, and a pubic apology should be issued to their team, their LPs, the venture community and any businesswoman who have come in contact with them.
The Fair-Pay Law would have required employers to prove that differences in pay are based on reasons other than gender and would put them on the hook for compensatory and punitive damages.On Tuesday, GOP senators blocked the bill that would have made it easier for women and others who suspect their employers are stiffing them to bring their grievances to court, voting down the Paycheck Fairness Act by 52 to 47. There is no room in business today for discriminatory pay practices.
What's actually new about this project is not the creation of this Pipeline Fellowship program to prepare women philanthropists to become angel investors--that was being done 20 years ago by Susan Davis at the Investors Circle, by Sue Preston and myself at the Kauffman Foundation, Golden Seeds, and many others. The real difference is Natalia Oberti Noguera's attitude! It's the chutzpah predominantly demonstrated by males. She has little experience in the space but pushes through with sheer will-power and confidence, pulling together what she needs as she grows--and creating change. Good for you, Natalia!
Content companies have struggled to monetize on the Web, and there has been plenty of debate over the effectiveness of paywalls, yet Lynda.com has over 1200 education videos and annual revenue of $70M...all bootstrapped!
This short interview with Lilly Ledbetter is so powerful.
"When we entered an office, the first thing I did was to tell my story, and to say what it means to a family for women to be paid fairly. It means your children have a better college education. It means they eat better food. It means they have a better house to live in; they wear better clothes. Their healthcare, their dental work — everything is better. It also boosts up the community, and it will boost the country. It’s good all the way around. It makes sense."
"...those VCs that do invest in women-led companies have their pick of good opportunities that others overlook. It’s a classic behavior of underfunded markets, Plummer says: “It generally means there’s very little money chasing a lot of good ideas."'
The data is consistent...countries that don't enable women to create companies have the worst economies. Now we find that investors that don't see opportunities brought by women, have compromised returns on average.
The average female primary care physician would have been financially better off becoming a physician assistant. With lower starting salaries and fewer hours work, over the long term it isn't worth the cost for a medical degree.
News and Research on Women this Week! Good Girls Finish Last .... but people don't want to work with women who talk to much or are too 'intense.' Women aren't aggressive enough, or if they assert themselves, they're too aggressive. The rules are still written for women in a way where you can't really win either way you go! The only answer is to step out to build your own environment with your own rules....but the challenges for you to do this as a woman is harder than for men as well. Stick in there!
One reason girls are performing so much better than boys in school -- at every level from kindergraten through grad & professional school--is that we've been taught to follow the rules to succeed in these cerebral and sometime static environments. Good girls.... taught to smile and push your way through with focus and determination, but not to 'color out of the lines,' push authority or disrupt the status quo.
Over the years I've pushed myself to create and enjoy physical adventure that enables me to evaluate true risk in a more effective way: skydiving, rapelling, walking on hot coals. It's become a touch-stone experience that reminds how easily it is to move beyond one's boundaries, once to take that first big step.
Women are leaving the workforce in droves in favor of being at home. Not to be a homemaker, but as job-making entrepreneurs.
"Women have been starting businesses at a higher rate than men for the last 20 years and tend to create home-based micro (less than 5 employees) and small businesses. Women will create over half of the 9.72 million new small business jobs expected to be created by 2018 and more and more are doing this from home offices across the country."
"If you’re a woman who suspects you’re making less than your colleagues, it’s extremely hard to a) prove it and b) win in court. Many companies have human resource policies dictating that people be fired for asking about pay—or even for disclosing one’s own salary. "
Thirty-seven percent of female entrepreneurs meditate, making them more than twice as likely as the average American adult to engage in this practice, according to findings from a religion survey at Baylor University in Waco, Texas. They also meditate more than male entrepreneurs, about 28 percent of whom do so.
Gina Trapani says the technology companies that promote a culture of frat house fun will lose out in attracting the smartest people.
"The tech industry's testosterone level can make the thickest-skinned women consider a different career. But the rise of the brogrammer joke and its ensuing backlash has some benefits: It helps talented women choose worthy employers, it gives a name and face to a problem that plagues the industry and it publicly shames some of the most sexist offenders "
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