Studies over time have found that when women step into executive roles at a company (CEO, CFO, director, etc), the company will experience an increase in profitability – in one study that increase was 15%. On NPR’s Planet Money podcast The Indicator, this reality is explored with Professor Corinne Post, a professor of management at the Villanova School of Business. One of the interesting findings in Professor Post’s research was that “after women were appointed to top executive positions, two things happened. A management team’s tendency to take risks dropped by between 13 to 14%, and then their willingness to become more innovative – their openness to new ideas – that increased by about 10%.” To hear more about the research and a discussion on the topic, listen to “The Indicator” podcast.
In recognition of her contributions to the fashion industry, Mattel has announced its latest Barbie honoree as Vera Wang. The daughter of Chinese immigrants, Wang first became one of the youngest editors at Vogue and then became the design director for accessories at Ralph Lauren before finally becoming an entrepreneur when she opened her own boutique in 1990. How wonderful that Barbie can reflect trailblazing entrepreneurs in women’s fashion! Read more about the story in WWD.
MSNBC’s Mika Brzezinski recently interviewed Institute Faculty Director, Deborah Streeter and program grad/Institute Special Advisor Jeannette Kaplun on her “Mika Straight Up” podcast. During the episode, the three discussed the background of the 12-week certificate program as well as specific challenges that face women entrepreneurs.
With the world slowly returning to normal after the pandemic and more businesses asking their employees to resume domestic and international travel, we thought this piece might be useful to share. Small Business Trends highlights a list of 18 safety tips that women should keep in mind when hitting the road.