U.S. Women Benefit, Study from a new Harvard Business School Gender Initiative finds contrary to conventional wisdom, growing up with a working mother is unlikely to harm children socially and economically when they become adults, new research by a Harvard Business School professor concludes. The “working mother effect” actually improves future prospects, especially for adult daughters of mothers who worked outside the home before their daughters were 14 years old, according to recent findings based on a comprehensive survey of 50,000 adults aged 18 to 60 in 25 nations worldwide in 2002 and 2012.
For every car GM sold in China in 2004, it sold 10 in the United States. By 2009, sales in China equaled those in the US. Rapid economic growth in Brazil, Indonesia, China, and India will add a billion new consumers clamoring for goods and services from around the world over the next decade. With increasing frequency, professionals from one country are interacting with customers and colleagues from other countries.
Developing and Promoting Women Leaders in Global Organizations
Promoting women’s leadership in global organizations is really an economic and sustainability issue rather than a diversity issue. Companies must focus on successful outcomes and bottom lines. In this case, the bottom line is earning a profit, creating shareholder value and focusing on economic sustainability. CEO’s can’t afford to continue to conduct business as usual. Globalization has shifted into warp speed leading to limited resources, increasing costs and rising awareness of political and economic instability in certain areas of the world. And, corporate leaders must find innovative and creative ways to meet these challenges head-on.
It is a sad but true fact: we will do very little business on a dead planet. The pristine beauty of our planet is at risk of being destroyed. What has taken hundreds of millions of years to elaborate and many species could be forever gone within a few decades because of the negative impact humanity has on planet Earth.
I often get requests to address particular topics in columns and workshops, some clearly diversity-related, others not. Here are examples: “What’s it like being black in corporate America?” “Why women don’t brag – and why they should,” “Dreadlocks, long braids, weaves and wigs in corporate America,” “How to talk to a transgender person,” “How to recover from rejection at work,” and “Strategies for promoting your professional brand.” And there are others.
A new report shows that 80 % of financial industry arbitrators are male with an average age of 69. Contrary to claims made by the FINRA, its pool of arbitrators that decide virtually all investor disputes with financial professionals in the U.S. lacks diversity, according to a new report released by the Public Investors Arbitration Bar Association (PIABA). This diversity problem in arbitration is made worse by the almost total lack of transparency in how the FINRA arbitrators are recruited and what disclosures they make, said the report.
There are two basic motivations of the entrepreneur. The first is Money, the bottom line. Some say that business people have no soul, that we’re in it only for the money. But the second motivation for entrepreneurs is self-fulfillment, a spiritual sense of purpose. Maybe this spirituality is linked to your faith tradition, but the spiritual element translates across the boundaries of specific religions and cultures. We entrepreneurs make our home where spirituality and business overlap, and it’s about time that we make our address public.
A diverse group of leaders recently came together in Chattanooga to discuss the United States’ International Affairs Budget. The speakers were an unusual combination of representatives of the U.S. military, the U.S. Global Leadership Coalition (USGLC), and the Tennessee Chamber of Commerce. They mingled with us attendees from corporate, government, education, and nonprofit organizations. Given the tumultuous events around the globe, we were more than curious to hear what they had to say.
Cross Cultural is now a common professional term. On a historical note, the term ‘cross cultural’ originated in 1970 for the professional world. This was in response to the age of globalization which produced a demand for cross-cultural awareness in various commercial & professional sectors.
We are constantly shuttling between local and global in our work today. Your markets may be in your home town one month, and across the country the next. Your consulting work can be on site around the corner, or across the country. Online night and day, we inform, coordinate, network, and market here at home and across the world. In the midst of massive information overload, the diverse team must have the expertise to cross cultures competently and the wisdom to make effective decisions quickly. In the future, the overload will only intensify. How will we master the global – local connection as it moves and morphs at lightening speed?
