DIRS.INFO The most relevant business & tech news

☆ CEOs are quitting at record rates, and women are twice as likely as men to leave
▼ + stars: | 2024-04-25 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

But turnover rates are worse for women. CEOs are quitting at record rates, and the small share of women at the very top are leaving the fastest. Roughly 1 in 4, or 24%, of women CEOs leave their post within two years, according to RRA data going back to 2018. That's more than twice the share of the 10% of men who leave their CEO job in that window. With an even shorter timeline, women CEOs are four times as likely as men to leave the role within a year.

Persons: Russell Reynolds, Ty Wiggins, Wiggins Organizations: Global, Russell, Russell Reynolds Associates, McKinsey & Company Locations: LeanIn.org

☆ Sheryl Sandberg says she's leaving Meta's board
▼ + stars: | 2024-01-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Former Meta operating chief Sheryl Sandberg is leaving the company's board of directors. "With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May," Sandberg wrote in a Facebook post on Wednesday. Sandberg, 54, joined Facebook in 2008 as Mark Zuckerberg's top deputy after spending about seven years at Google. Since leaving Meta, Sandberg has dedicated much of her time on her LeanIn.org nonprofit, which focuses on empowering women tin the workplace, and related projects. "Thank you Sheryl for the extraordinary contributions you have made to our company and community over the years," Zuckerberg wrote.

Persons: Sheryl Sandberg, Sandberg, Mark Zuckerberg's, Javier Olivan, We've, Sandberg's, Zuckerberg, Sheryl, Adam Bosworth, Peggy Alford, Marc Andreessen, Drew Houston, Nancy Killefer, Robert M, Tony Xu, Tracey T, Travis, Estée Lauder, Here's, Javi Olivan, Justin Osofsky, Nicola Mendelsohn, Mark Organizations: Meta, Facebook, Google, CNBC, McKinsey & Company, Estée Locations: U.S

☆ Sheryl Sandberg says rape should never be a tool of war and the horrors of the Hamas terror attacks can't be swept under the rug
▼ + stars: | 2023-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Israeli authorities are building cases against Hamas militants accused of rape and sexual assault. "The silence on these war crimes is deafening," Sheryl Sandberg wrote in an opinion essay. Rape and sexual violence have long been tragic elements of war and conflict throughout history, from World War II to the Rwandan genocide and Sierra Leonean Civil War of the 1990s. "In many contexts, sexual violence is not merely the action of rogue soldiers, but a deliberate tactic of warfare. "We can each 'be a witness' and together call out this unacceptable horror and unimaginable suffering," Sandberg wrote in her op-ed.

Persons: Sheryl Sandberg, —, Sheryl Sandberg Dominic Lipinski, " Sandberg, Sandberg Organizations: Service, Meta, CNN, Sierra Leonean, United Nations Women, UN Locations: Sierra Leonean Civil, Ethiopia, Ukraine, Sudan, Israel

☆ Nominate a leader for CNBC's debut Changemakers list: Women transforming business
▼ + stars: | 2023-10-03 | by ( Julia Boorstin | ) www.cnbc.com time to read: +6 min

Game-changing female leadership is a topic that is close to my heart, and I'm thrilled to announce a new annual list at CNBC, Changemakers: Women transforming business. The list will highlight 40 trailblazing women who have accomplished meaningful achievements in the past year, women from companies and organizations across all sectors of the economy, including philanthropic organizations. Together, we will highlight how today's successful women leaders are taking novel approaches to old business problems and identifying new business opportunities. To help us identify a diverse and inclusive list, we have created an advisory board of experienced leaders across the business and philanthropic space. CNBC Changemakers are the new icons rewriting the rules and shaping the dynamic business landscape.

Persons: I'm, I've, — Joanne Bradford, Desiree Gruber —, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Beth Ford, Ken Frazier, Desiree Gruber, Kris Jenner, Oscar Munoz, Laurene Powell, Emerson, Sheryl Sandberg, Stacy Smith Organizations: CNBC, Fortune, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, CNBC Changemakers Locations: Silicon

☆ Former Meta COO Sheryl Sandberg on the advice she'd give her 20-year-old self: 'Speak up earlier'
▼ + stars: | 2023-08-04 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

There are a lot of things Sheryl Sandberg wishes she could tell her 20-year-old self. But she'd start with this: Don't be afraid to speak up at work. Sandberg left Meta in August 2022 after 14 years at the company. Sandberg's tech career didn't take off until 2001 when she joined Google as general manager of its business unit. 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

Persons: Sheryl Sandberg, Sandberg, Zuckerberg, didn't, Meta, We've, Warren Buffett, — Organizations: Meta, LeanIn.org, CNBC, Harvard University, World Bank, Harvard, McKinsey & Co, Google, Lean Locations: Airbnb

☆ Sheryl Sandberg and LeanIn.org launch Lean In Girls initiative: 'We're telling girls you can lead on your own terms'
▼ + stars: | 2023-07-28 | by ( Julia Boorstin | ) www.cnbc.com time to read: +5 min

Sheryl Sandberg and her Lean In organization are rolling out a new program for girls ages 11-15, designed to encourage girls to set leadership goals, navigate risk, and identify and challenge bias. Sandberg says she was inspired to create this new initiative because the adult Lean In community is thriving, with 80,000 circles in 183 countries, growing faster than ever before. "Girls in high school are twice as likely as boys to think that having any leadership role will make them be called 'bossy.' "We really want girls to embrace and lean into their superpowers. We want girls to know that they're going to face stereotypes that there's going to be headwinds.

Persons: Sheryl Sandberg, Sandberg, –, Rachel Thomas, Latricia Barksdale, Mark, We've Organizations: CNBC, Public Charter Schools, Girls Inc, Girl Scouts of, Lean, VP, Meta, Hawaii — Locations: Girl Scouts of Northeast Texas, Hawaii, Airbnb

☆ 6 DEI leaders just left senior roles in Hollywood and media—it’s part of a larger problem: ‘It’s absolutely alarming’
▼ + stars: | 2023-07-12 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +7 min

"DEI leaders are facing extreme fatigue and burnout," says Chandra Robinson, vice president in the Gartner HR practice. "Unfortunately," she says, "with so much attention paid to DEI, undue pressures are put on DEI leaders to make progress" quickly. Half of DEI leaders say their biggest challenge is when other leaders fail to take ownership for driving diversity outcomes, and one-third say they have limited power to effectively drive change, according to a 2022 Gartner survey of 181 DEI leaders. Black women are more likely than women overall to aspire to executive roles, according to the joint Lean In and McKinsey "Women in the Workplace" report. But they also face more barriers to advance in their career: Black women leaders are more likely to be undermined at work, and 1 in 3 Black women leaders says they've been denied or passed over for opportunities because of personal characteristics, including their race and gender.

Persons: Karen Horne, Vernā Myers, Netflix's, LaTondra Newton, Terra Potts, Joanna Abeyie, Myers, Abeyie, Rachel Thomas, aren't, Chandra Robinson, Robinson, George Floyd, It's, Russell Reynolds, Thomas, they're, they've, they'd, Kelly Evans Organizations: Hollywood, North, North America DEI, Warner Bros, Academy of Motion Pictures Arts and Sciences, America, DEI, Gartner, Lean, McKinsey, Women Locations: North America, Corporate America

☆ 5 things men can do to help women be more successful at work, from a Yale lecturer
▼ + stars: | 2023-06-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

When women are able to thrive in the workplace, it benefits men, too: Men who work well with women and use the talents of a diverse team outperform their peers, LeanIn reports. Here are five things men can do right now to support their female colleagues, per Lipman:'Interrupt the interrupter'Several studies have found that men talk and interrupt more often than women. Give women credit for their ideasResearch has shown that women get less credit while working in groups than men do. Take paternity leaveIf the benefit is available to them, another move men can make to help level the playing field for women in the workplace is to take paternity leave. Paternity leave is good for dads, too: Men who take paternity leave report stronger bonds with their children than those who don't, according to the ACLU.

Persons: Joanne Lipman, Lipman, That's, It's Organizations: LeanIn.org, McKinsey & Company, Yale University, ACLU

☆ New grads are already worried about being overworked in their first jobs out of college
▼ + stars: | 2023-05-03 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The top concern soon-to-be-grads have about entering the current job market has nothing to do with money, according to a new survey of 500 incoming college graduates from A.Team, a tech hiring platform. Instead, when asked about their top concern about the work landscape, 21% said they were most worried about finding a role that affords them work-life balance. Not far behind, 19% of new grads are concerned about not finding a job they're passionate about, while another 18% say potential layoffs are their biggest worry. Reports of academic burnout from college students got worse during the pandemic and remains a problem: As of 2022, 2 in 5 undergrads say they frequently feel stress while attending school, according to research from Gallup and the Lumina Foundation. Gen Z's calls for work-life balance could reshape workplace culture

☆ A generation of high-profile women tech leaders have stepped aside. What’s next?
▼ + stars: | 2023-02-24 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +7 min

The tech industry has now lost an entire generation of trailblazing women leaders and replaced them mostly with men. And in the wake of the pandemic, women leaders in corporate America more broadly are more likely than ever to quit, according to the most recent Women in the Workplace report from McKinsey & Company and LeanIn.Org. Now that she’s departing, Big Tech is facing a new reckoning over its failure to promote and support women leaders, and what this could mean for the next generation of women in the industry. “Without women in the C-suite who have come before them, it could make this transition period tougher for next generation women leaders,” Kray said. “I think that what she achieved and what she modeled will be something that will live on beyond the fact that now we don’t have a female Big Tech CEO.”

☆ 'It's a huge concern': Senior-level women are calling it quits after decades climbing the career ladder
▼ + stars: | 2023-02-21 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Some of the world's most powerful women are calling it quits. To give some context, for every woman stepping into a director-level leadership role, two are choosing to leave, says Alexis Krivkovich, McKinsey senior partner and an author of the joint Lean In and McKinsey "Women in the Workplace" report. The pattern has the potential to unwind decades of progress toward gender equity and increased female leadership in the workplace, she tells CNBC Make It. "They're meeting their goals and being successful, and some are choosing to leave before they get burned out," Workman adds. The problem remains that there are too few women in high levels of leadership, Krivkovich says: "Lots of men leave their positions, but we analyze and scrutinize when women leaders do in a different way.

☆ As accomplished, high-profile female leaders step back from their careers, I wonder whether any woman can have it all
▼ + stars: | 2023-02-19 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

I don't fault them; they're women who achieved much and then, it appears, made the best decision for themselves. Women face bias when they're leaders. McKinsey & Company recently said it found that "compared with men, senior women leaders report higher rates of burnout, chronic stress, and exhaustion." A report last year from LeanIn.org and McKinsey said women leaders were leaving their companies at the highest rate ever; the organizations started tracking the data in 2015. "You're not promoting enough women into the leadership ranks, and now you have more women leaving leadership roles," Thomas told CNBC Make It in October.

☆ 2022 in gender equality: Share of female Fortune 500 CEOs hits all-time high, but other progress stalls
▼ + stars: | 2022-12-20 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Women continue to face a significant wage gap that has hardly budged over the last 15 years, with women of color bearing the brunt of the disparity. The year "2022 really is a mixed bag when it comes to gender equality," says Melissa Boteach, the vice president for income security and child care/early learning at the National Women's Law Center. Aside from that victory, there has been little progress in closing the gender wage gap over the past decade. This year, the wage gap narrowed by one penny. The wage gap Black women face narrowed by about four cents in one year, while Latinas' wage gap didn't budge at all.

☆ December 8 is this year's Latina Equal Pay Day, or the day Latina workers finally earn what white men made in just 2021
▼ + stars: | 2022-12-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

That means it takes Latinas almost all of 2022 to make what non-Hispanic white men made in just 2021. Latinas earn 54% of what white men earn per Census Bureau data. NWLC's analysis of Census Bureau data show full-time, year-round working Latinas earned 57% of non-Hispanic white men's median earnings. That means an overall lifetime earnings loss for Latinas working full-time, year-round of almost $1.2 million, which can have serious consequences. "Latinas ask for promotions and raises at similar rates to white men, they're just not getting them," Sandberg said in a statement.

☆ Gender equity at work is stalling after 'mass exodus' of women during pandemic, new research finds
▼ + stars: | 2022-10-26 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +4 min

Gender equity progress in the workforce has slowed down over the pandemic, a KPMG report found. Progress slowsBefore the pandemic, many businesses were making strides toward gender equity, but their progress has significantly slowed down since, the report found. Among most of the surveyed companies, women made up just 17% of leadership positions and 25% of total employees as of 2022. Women still make up just 17% of leadership positions, according to the latest KPMG DEI Progress survey. "Only 12 percent have reported making significant changes in their companies' DEI profiles," it found.

☆ Female leaders do more for diversity, equity, and inclusion at work than their male counterparts, but they aren't being recognized for it, a new report says
▼ + stars: | 2022-10-18 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

They're twice as likely as male leaders to spend substantial time on DEI work, but 40% say their DEI work isn't acknowledged in their performance reviews. as male leaders to spend substantial time on DEI work, but say their DEI work isn't acknowledged in their performance reviews. Fixing this issue could aid retention of female leaders at work at a time when companies are losing them at an unprecedented rate. The report notes that 43% of female leaders are burned out, compared to 31% of men at the same level. This could in turn lead to faster promotions and better pay, which can aid retention of female leaders at a time when companies are losing them in droves.

☆ Why women in leadership roles are more likely than ever to quit
▼ + stars: | 2022-10-18 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

And women who do ascend to leadership roles are more likely than their male counterparts to have their authority undermined and have some of their efforts go unrecognized. For Black women leaders, the undermining is worse. Of women leaders surveyed, 40% said their diversity, equity and inclusion efforts are not acknowledged in performance reviews. Roughly half (49%) of the women leaders surveyed said flexibility is among their top three considerations when deciding to join or leave a company versus 34% of men leaders. “Women leaders are leaving their companies at the highest rate ever, and the gap between women and men leaders leaving is the largest it’s ever been,” the study’s authors noted.

☆ 'It's a disastrous situation': Women leaders are leaving companies at the highest rate ever
▼ + stars: | 2022-10-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Women leaders are leaving their companies at the highest rate ever, and the gap between women and men in senior roles quitting their jobs is the largest it's ever been, according to new data from LeanIn.org and McKinsey & Company, which started tracking these numbers in 2015. Women are still struggling to climb the corporate ladderMore than half (58%) of women under 30 say career advancement has become more important to them over the past two years, compared to 31% of women leaders. What's more, women leaders are twice as likely as men leaders to be mistaken for someone more junior — and 37% of women leaders have had a co-worker receive credit for their idea, compared to 27% of men leaders. "It's a disastrous situation … you're not promoting enough women into the leadership ranks, and now you have more women leaving leadership roles," Thomas says. "In a world where women remain dramatically underrepresented in senior leadership, those two problems together create a pretty awful one-two punch for companies trying to hold on to women leaders."

☆ 'There are a lot of miserable women in corporate America': Women leaders have been leaving their jobs and companies in unprecedented numbers, a new report suggests
▼ + stars: | 2022-10-18 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

A new report suggests female executives ditched their jobs in unprecedented numbers in 2021. The report suggests women leaders experience a range of microaggressions that undercut their authority and stymie their career progression. For instance, the report indicated that 37% of female leaders had had a coworker get credit for their idea, compared with 27% of male leaders. It also suggested that women leaders were twice as likely as men to be mistaken for someone more junior. Wade Hinton, an inclusion consultant, told Insider he's not surprised by the large numbers of women leaders leaving their employers.

☆ Black women are underrepresented in business and on the golf course. This Harvard Business grad is working to change that.
▼ + stars: | 2022-09-24 | by ( Ebony Flake | ) www.businessinsider.com time to read: +7 min

CitySwing seeks to create pathways for Black women on the golf course and in the boardroom. Yet she knew many women who looked like her didn't share that comfort because golf courses can be unwelcoming to Black women. Cash's realization that day gave way to an idea: create a place where people from all backgrounds — especially Black women — could golf. But the dichotomy is that the boldness required to get ahead is often read as aggressive or pushy in Black women." According to US News and World Report, some 552,000 Black women have left the workforce in the years since the pandemic began.

☆ Is your boss 'quiet firing' you?
▼ + stars: | 2022-09-15 | by ( Bonnie Dilber | ) www.businessinsider.com time to read: +10 min

So what is quiet firing? Quiet firing is when an employer does the bare minimum to keep their employees: no support, no development, no growth, no rewards. Women, and especially women of color, are particularly susceptible to quiet firing. Lots of workers have been 'quiet fired'When faced with quiet firing, some employees get fed up and exit on their own. A few weeks ago, I wrote a LinkedIn post on quiet firing that quickly went viral.

Search resuls for: "LeanIn.org"

21 mentions found