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Women Who've Broken Through The Glass Ceiling

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Vanessa Sillien

on 11 December 2012

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Transcript of Women Who've Broken Through The Glass Ceiling

...and the women who've broken through THE GLASS CEILING... What exactly is The Glass Ceiling? An invisible barrier within a hierarchy that prevents women or minorities from obtaining upper-level positions. Statistics Women represent 10% of corporate boards according to the 2012 Women on Boards report.
7.6 million women work full-time, 5.9 million part-time, many of them are mothers.
White men with a bachelor's degree still earn 40% more than white women with similar education backgrounds •The greater the fraction of women on the board, the better is the attendance behavior of male directors

•Holding other director characteristics constant, female directors are also more likely to sit on monitoring-related committees

•Diverse boards are more likely to hold CEOs accountable for poor stock price performance

•Directors in gender-diverse boards receive relatively more equity-based compensation

•Taken together, these results suggest that gender-diverse boards are tougher monitors

•Female directors have a substantial and value-relevant impact on board structure. Oprah Winfrey Stella McCartney Marissa Mayer Works Cited

Davidoff, Steven M. "DealBook." Adding Up Marissa Mayers Pay at Yahoo Comments. N.p.,
27 July 2012. Web. 10 Dec. 2012.
"Marissa Mayer Biography." Bio.com. A&E Networks Television, n.d. Web. 10 Dec. 2012.
Smith, Catharine. "Marissa Mayer Bio: Meet The New CEO Yahoo Just Poached From Google." The Huffington Post. TheHuffingtonPost.com, 16 July 2012. Web. 10 Dec. 2012.
Tellier, Alexandra Le. "What Marissa Mayer's Pregnancy Meant to Women." Los Angeles Times. Los Angeles Times, 08 Oct. 2012. Web. 10 Dec. 2012. THE GOOGLE GIG Of Mayer’s 14 offers came the 14th- from Google founders Larry Page and Sergey Brin in 1999
Quizzed her on artificial intelligence
The company had only 19 employees
Accepted an offer to lead Google's user interface and Web server teams
Mayer became the company’s 20th employee and its first female engineer
Her time at Google involved work on the company’s most recognizable products:
Google Maps
Google Earth
Street View
Google News
Gmail
Had an eye for detail, vision, and design
Credited for the unique look and feel that has come to characterize the Google experience
Responsible for approving each "doodle" (the custom logos commemorating holidays and events) appearing on the Google home page

Davidoff, Steven M. "DealBook." Adding Up Marissa Mayers Pay at Yahoo Comments. N.p.,
27 July 2012. Web. 10 Dec. 2012.
"Marissa Mayer Biography." Bio.com. A&E Networks Television, n.d. Web. 10 Dec. 2012.
Smith, Catharine. "Marissa Mayer Bio: Meet The New CEO Yahoo Just Poached From Google." The Huffington Post. TheHuffingtonPost.com, 16 July 2012. Web. 10 Dec. 2012.
Tellier, Alexandra Le. "What Marissa Mayer's Pregnancy Meant to Women." Los Angeles Times. Los Angeles Times, 08 Oct. 2012. Web. 10 Dec. 2012. ON THE GLASS CLIFF
Ryan and Haslam found that when the economy was weak, “companies that appointed a woman actually experienced a marked increase in share price after the appointment.”

Mayer contradicted the notion that most women can’t have children and achieve senior leadership positions

“Having broken through a glass ceiling women are actually more likely than men to find themselves on a glass cliff , meaning their positions of leadership are risky or precarious.”

While on the glass cliff, there is a significant amount of money on the line.
If Mayer can get Yahoo to achieve financial targets she would rake in $100 million over the next five years.
Her contract calls for her to get $5.4 million from Yahoo for 2012 and about $20 million a year after that, depending on performance targets set by the board
Since her position on the glass cliff is so precarious, she will have a chance to be richly rewarded if she can keep from falling off THE GOOGLE GIG YAHOO! I helped build Google, but I don't like to rest on [my] laurels. I think the most interesting thing is what happens next.“ –Marissa Mayer Awards Environmentalist and Animal Rights Activist Awards Career Who Is Stella McCartney? Recap On How Stella McCartney Has Broken The Class Ceiling Environmentalist and Animal Rights Activist Awards Career Career Career Born September 13, 1971

Daughter of ex-Beatle Paul McCartney

English fashion designer

Environmentalist

Animal rights activist VH1/Vogue Designer of the Year Award in (2000, NY)
Woman of Courage Award for work against cancer at the prestigious Unforgettable Evening event (2003, LA)
Presented with an honorary degree by the University of Dundee (2003)
Glamour Award for Best Designer of the Year (2004, London)
Star Honoree at the Fashion Group International Night of the Stars (2004, NY)
Organic Style Woman of the Year Award (2005, NY)
Elle Style Award for Best Designer of the Year Award (2007, London)
Best Designer of The Year at the British Style Awards (2007, London) Best Designer of The Year at the Spanish Elle Awards (2008, Barcelona)
Green Designer of the Year at the ACE Awards (2008, NY)
Honored by the NRDC (Natural Resources Defense Council)
Featured in the Time 100 and recognized as a Glamour magazine Woman of the Year (2009, NY)
Red Carpet Award by the British Fashion Council (2011, London).
On Telegraph's list of the most powerful women in Britain in 2011 Brand of the Year – Women at the 16th annual Luxury Briefing Awards (2012,London)
Harper’s Bazaar Woman of the Year Awards’ British Designer of the year (2012, London)
Awarded Harper’s Bazaar Designer of the Year (2012, London)
Telva magazine’s International Award (2012, Madrid)
Received an Honorary Fellowship from the University of the Arts London; funding a new scholarship at Central Saint Martins for designers who adhere to her ethical view. Stella McCartney is renowned for her sharp, simple tailoring with a feminine edge and considerate approach to wearable design.
"It's not about what it looks like in the studio or on the runway. It's what it looks like on a real person that matters. That isn't easy, but it's what's fun.“

Currently operates 23 freestanding stores in locations including Manhattan's SoHo, London's Mayfair, LA's West Hollywood, Paris' Palais Royal and Milan. Stella McCartney is a staunch vegetarian
Her clothing designs reflect that.
No use of any leather or fur in her collections.
Her shoes are made of vinyl or plastic and all belts and bags are made from raffia and fabric.
Criticized others who use animal products are “heartless”

“The beliefs I was raised with – to respect animals and to be aware of nature, to understand that we share this planet with other creatures – have had a huge impact on me." "I was brought up to understand that we are all here on planet Earth together."

Always has an element of a sustainable or eco collection in everything that she does.
In her lingerie collection, part of the collection was organic.
In her Adidas collaboration organic materials or recycled materials are used in the bags or shoes.

In 2009 Stella designed an eco collection using organic and recycled fabrics and low impact dyes.
“I think it’s important to educate oneself, to try to provide a high-quality product for the consumer and not to lose any of the desirability, and yet also to try to be more responsible in the way that you think and the way you source your materials. Stella has carved out a successful career on her merit, not just her connections.
Worked hard at shaking off the accusation her success was mostly attributed to her name.

She has always stayed true to her own principles.
Never using fur or leather.
Always using elements of sustainable or eco friendly products in her collections.

Stella’s clear vision for clothes that suit women of all shapes and sizes has won her loyal customers. In January 2007, McCartney launched a 100% organic skincare line called CARE.

In 2008, her new lingerie line was launched, which was very successful.

In November 2010 Stella McCartney Kids was launched

The collection catered to newborns and children up to the age of 14.

In September 2011 Stella McCartney’s costume designs for the New York City Ballet’s Ocean’s Kingdom premiered in New York. In 2003, Stella McCartney launched her first perfume “Stella.”

Has had long-term relationship with Adidas since 2004
Adidas by Stella McCartney line that includes running, gym, yoga, tennis, swimming, winter sports and cycling.
Selected in September 2010 to be Team Great Britain's Creative Director for the 2012 Olympics by Adidas.

In November 2005, “Stella McCartney for H&M,” a 40-piece collection was introduced in H&M stores. It sold out immediately.

In 2007 she undertook another high street collaboration with Target, which was extremely successful. Burst into the fashion scene in 1995.

Tapped to be head designer at the fashion house Chloe in 1997 at 25 years old.
Had to work hard to prove she was not only hired because of her name.
"Chloé should have taken a big name. They did, but in music, not in fashion. Let's hope she's as gifted as her father“ (Karl Lagerfeld).
Creations catered successfully to the needs and desires of young women.
Tenure with the company considered a huge success.

In 2001 McCartney landed a joint venture with Gucci Group.
Agreed to let her have her own label.
Has since gone on to launch a number of different products, from lingerie and eye care, to organic skincare and perfume. Davidoff, Steven M. "DealBook." Adding Up Marissa Mayers Pay at Yahoo Comments. N.p., 27 July 2012. Web. 10 Dec. 2012.
"Marissa Mayer Biography." Bio.com. A&E Networks Television, n.d. Web. 10 Dec. 2012.
Smith, Catharine. "Marissa Mayer Bio: Meet The New CEO Yahoo Just Poached From Google." The Huffington Post. TheHuffingtonPost.com, 16 July 2012. Web. 10 Dec. 2012.
Tellier, Alexandra Le. "What Marissa Mayer's Pregnancy Meant to Women." Los Angeles Times. Los Angeles Times, 08 Oct. 2012. Web. 10 Dec. 2012.
Schulyer, John. "Decision-Making Styles of Women vs. Men." Decision-Making Styles of Women vs. Men. N.p., Nov. 2005. Web. 8 Dec. 2012.Adams, R., and D. Ferreira. "Women Have Beneficial Impact on Board Governance - Building Gender Balanced Business." Women Have Beneficial Impact on Board Governance - Building Gender Balanced Business. N.p., Oct. 2008. Web. 7 Dec. 2012."Women CEOs Turning the Tables." YouTube. YouTube, 12 May 2010. Web. 3 Dec. 2012.Kropp, Robert. "Cracking the Glass Ceiling: Women Finally Represent 10% of Corporate Boards." GreenBiz.com. N.p., 9 Mar. 2012. Web. 11 Dec. 2012.
http://www.vogue.co.uk/spy/biographies/stella-mccartney-biography
http://www.nytimes.com/2012/02/26/magazine/stella-mccartney.html?pagewanted=all
http://www.biography.com/people/stella-mccartney-20680899
http://www.stellamccartney.com/experience/us/stellas-world/about-stella/
http://www.guardian.co.uk/theobserver/2011/sep/25/observer-profile-stella-mccartney
http://fashion.telegraph.co.uk/article/TMG9646917/Stella-McCartney-women-are-expected-to-do-everything.html
http://www.guardian.co.uk/culture/2011/mar/08/stella-mccartney-100-women
http://topics.nytimes.com/top/reference/timestopics/people/m/stella_mccartney/index.html
http://www.theecologist.org/green_green_living/clothing/270958/fashion_conscience_stella_mccartney.html Sources Sources: Marissa Mayer Breanae Langhorne, Lynn Schiffman, Vanessa Sillien, Maura West Born on May 30, 1975 in Wausau, Wisconsin

Daughter of Margaret Mayer, an art teacher of Finnish descent, and Michael Mayer, an engineer

Considers having a “small-town childhood”

Grew up with ballet lessons, ice skating, and debate team competitions.

Mayer displayed an affinity for math and science at an early age.

Attended Wausau West High
Simultaneously worked at a local grocery store
Memorized the prices for hundreds of items in order to streamline the checkout process
Aspired to be a doctor Early Life Early Life Attended Stanford University
Developed a passion for computers
Earned a Bachelor of Science degree in symbolic systems and an Master of Science degree in computer science with a specialization in artificial intelligence
During her schooling, she taught undergraduate courses in computer programming
Had research internships at the university, & Union Bank of Switzerland’s research lab in Zurich
Earned 14 job offers out of grad school Of Mayer’s 14 offers came the 14th- from Google founders Larry Page and Sergey Brin in 1999
Quizzed her on artificial intelligence
The company had only 19 employees
Accepted an offer to lead Google's user interface and Web server teams
Mayer became the company’s 20th employee and its first female engineer

Her time at Google involved work on the company’s most recognizable products:
Google Maps
Google Earth
Street View
Google News
Gmail

Had an eye for detail, vision, and design
Credited for the unique look and feel that has come to characterize the Google experience
Responsible for approving each "doodle" (the custom logos commemorating holidays and events) appearing on the Google home page In July 2012, she was appointed president and CEO of Yahoo at 37 years old
Responsible for:
Declining stock prices
Layoffs
Slowing ad revenue
Was hired by Yahoo as the fifth CEO in the past five years
One of the only 20 women running a Fortune 500 company
20 women out of 500 is only 4%
As a female technology CEO
Follows in the footsteps of former Hewlett-Packard CEO Carly Fiorina and former eBay CEO Meg Whitman.
Mayer sets a precedent as the first woman to ever take the top position while pregnant
Questions of whether or not her first baby will impact her performance or perception as the strong leader Yahoo desperately needs
Legally, women do not have to disclose a pregnancy and employer cannot ask
Mayer chose to reveal the news to a member
Still continued through rounds of interviews
Planned to take only a few weeks of maternity leave and work throughout it •Men love to lecture; women like to listen.

•Men are more likely to act alone, apt to blame others;

•Women collaborate, listen, and build teams.

•Men are more focused on long-term results, women on short-term goals.

•Men put more weight on the how the decision will affect the competitive environment; women consider how it will affect the team.

•Men exercise their decision making power, if they have it. Women want to work through people, even if they have the decision-making authority.

•Men are more-likely blindsided by a crisis, where women will more often see the crisis looming (e.g., a woman anticipated the Enron disaster).

•Men think men are better at problem-solving or decision-making. Women think women are better at both. However, if the job is in general management, both sexes think men are better decision makers. The exception is in "female" jobs, such as human resources. •It is possible that gender diversity only adds value when additional board monitoring would enhance firm value •At age 19 she landed her first broadcasting job in a radio station in Nashville,TN


•In 1986 she started her own show “ The Oprah Winfrey Show”


•In 1988 she established her own charity “Oprah’s Angel Network”


•She created her first international magazine “O” launching her first edition in south Africa


•She started her own school, “the Oprah Winfrey leadership academy” for young girls in south Africa in 2007
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