Business

Sheryl Sandberg, the chief operating officer at Facebook, recently sat down with an interviewer from Business Insider to discuss the difficulties women executives face when trying to balance their careers with having a family. As Sandberg says, "The data...shows very clearly that men assume they can have it all -- meaning a great career and a great family -- and women do not. And that is largely true, because we don't have an even split in the home....If we would get to an even division of labor in the home, more women can have it all." Personally, Sandberg says she and her husband work to prioritize both of their careers equally and split household labor down the middle -- especially in front of their kids.

A new study from the Institute for Corporate Directors finds that "Canadian corporate directors agree board diversity is an important and worthwhile initiative that can contribute to better decision making and governance." The study of 550 ICD members found that 90% of those surveyed believe board diversity is "a governance issue of importance," while nearly 80% said it "contributes to better decision making." The ICD offers several recommendations for Canadian corporate boards seeking to diversify.
Jill Abramson, the first woman executive editor of the New York Times, says that "The idea that women journalists bring a different taste in stories or sensibility isn't true." But some newspaper veterans disagree. For instance, Ann Marie Lipinski, who in 2001 became the first female editor of the Chicago Tribune, says, "Do I think gender plays a role in that case? I suspect at times it does. Being a woman gives you access to some experiences in life that men don't have, just as the reverse is true."

More than 50 media organizations have sent a joint letter to FCC chairman Julius Genachowski urging him to "make diversity a central focus of [the FCC's] upcoming Quadrennial Media Ownership Rule Review." The letter states, "Women and people of color historically have been grossly underrepresented in ownership of radio and television stations — media forms that use the public airwaves and rank as our nation’s most popular and influential outlets....The continued absence of FCC action in the face of deep and intractable ownership disparities is unacceptable."

Controversial blogger and entrepreneur Penelope Trunk writes, "There’s a lack of women in the startup economy, but it’s not a problem." She goes on: "[I]f diversity was really a problem in the startup world, VCs would be solving it. Because VCs like making money, and VCs are great at seeing an opening market and jumping on it. Second, women are not victims. Women are not powerless. If women wanted to do tech startups, they’d be doing them. Women don’t want to do them because it is a lifestyle that is renowned for being unglamorous, living hell and completely incompatible with kids."
Clinical psychologist Leslie Pratch discusses the role self-confidence may play in the success of women executives. "For women, the ability to identify and face difficulties in the external world openly and non-defensively predicted leadership beyond any chance occurrence," she writes. "The correlation between self-confidence and leadership effectiveness was also overwhelmingly statistically significant."

Startup America is aiming to help women get their businesses off the ground.  The government initiative has

Most women think a mentor is important to success in their work life according to a new study by Linkedin of 1,000 women. The good news, younger women are getting a leg up: about half of Generation Y women reported having a female mentor, as opposed to 34 % of Boomers. The bad news: we're too shy to ask. Of women who haven't mentored, it's because no one asked...
Women 2.0, an organization dedicated to increasing the number of female founders in tech startups, reveals the number of women starting companies has doubled over the past three years. Three years ago, a survey of the same audience found that 25% of its community were women founders. Today, it's 50%.
Startup companies are the best source of new jobs. And America could create more of those jobs, if women were better able to start high-growth companies. Currently, women make up about 35 percent of startup business owners and their companies have less growth and prosperity than male-owned startups. However, making a few key changes could result in women driving more economic growth.

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