“The first responsibility of leadership is the creation of meaning.”—Warren Bennis. Welcome to the Sum, where I share my take on the meaning of sum of the week’s parts. I want your voice too. Leave comments here or @GloriaFeldt. The word of the week is MOVE. As in a movement has to move to be…Read More
Jamera Lee Massop was an administrative assistant in New York when she became pregnant. She didn’t think being pregnant would or should impact her job. However, with no reason other than “your contract says we can terminate you at any time for any reason,” Jamera’s company fired her when she was six months pregnant.Read More
Somebody once gave me a greeting card that read, “Just when you think you are done, you are really just beginning.” That is certainly my story with Take The Lead which I co-founded with my wonderful partner-in-good Amy Litzenberger. So when the question came up about how I came to be teaching this online certificate course, “9 Practical Leadership Power Tools to Advance Your Career,” I took a little trip down memory lane to recall why I became an advocate for women’s leadership parity and how I learned what makes a successful movement to achieve that–or anything else you want to make happen.Read More
A few days ago, I went to the best funeral I’ve ever attended.
It’s unusual to say that about an occasion normally considered sad and somber. But the memorial service for Muriel “Mickie” Siebert, a well-known finance executive in the U.S. and the first woman to own a seat on the New York Stock Exchange, goes down in my book as a perfectly delightful send off.
Mickie founded her brokerage firm, Muriel Siebert & Co, Inc. which became part of Siebert Financial and went public in 1996. She also served as New York State’s Superintendent of Banking (referring to herself in her 2008 autobiography Changing the Rules as the S.O.B.). Mickie’s career has lessons for all women, no matter their occupation:
- Have a dream and go for it.
- Start your own game if those in power won’t let you into theirs — or even if they will but you prefer your vision of how things should be.
- No matter how high you climb, help other women rise and keep them close to support you.
As always, they begin with a raucous reception at Christie’s for several hundred guests, after which we all scatter around town for intimate dinners in beautiful homes. At each party, there are several WCF-endorsed candidates or elected officials who tell their tales and make their pitches.
Here are a few photos I took during the evening, which was peppered with chants of “Change the players. Change the game.”Read More
Sally Jewell is a one-woman powerhouse. The REI CEO has just been approved by a bipartisan United States Senate Energy and Natural Resources Committee by a vote of 19-3, according to the New York Times. Her next stop—a full review by the U.S. Senate.
“She is going to give each member of this committee her ear and her expertise that comes from having managed to pack a host of professional careers – petroleum engineer, C.E.O. and banker, to name just a few – into just one lifetime,” Senator Ron Wyden, Democrat of Oregon, told the committee.
Jewell’s diverse experience has made her a unique contender for the job. In comparison to her possible predecessor, former Senator Ken Salazar, Jewell has no government experience. However, just as Salazar made a historic impact by becoming one of the first Hispanics to earn a spot in the Senate, Jewell’s confirmation would make her the second woman to hold the Interior Secretary position.
An avid environmentalist these days, Jewell, 56, is not afraid to say that she started off as a petroleum engineer for Mobil Oil. Her range of experience provides her with a widened perspective. She has worked as a foreman for drill crews, an investment banker, and is now the CEO of a highly successful outdoor sports corporation. She’s a Jane of all trades—a banker, a boardroom member, and a mountain climber. She takes heed to both economic fronts and conservation efforts.
“She knows the link between conservation and good jobs,” President Obama said during Jewell’s nomination earlier this month. “She knows that there is no contradiction between being good stewards of the land and our economic progress.”Read More
The yoga class I took just before last night’s State of the Union (SOTU) address wiped me out. I fell asleep immediately afterward. Which is good because I had a chance to think overnight about the parts that resonated most with me.
I’ve been tough on the president in the past, disappointed with his timidity and unwillingness to set a big bold agenda.
The other good thing about writing the day after is that others have fact checked. And the de rigeur liberal critique as well as Sen. Ted Cruz’s (R-TX) really awful other-party rebuttal have been duly hashed and rehashed.
With the benefit of reflection, here are my three favorite parts of the speech.Read More
Last week, Sen. Barbara Mikulski (D-MD) introduced the Paycheck Fairness Act, which would allow employees to discuss their salary information without the fear of companies pursuing legal action against them.
The bill is on its third try. In a 2010 senate vote, the bill failed to get any Republican support, even by the female Republican Senators Susan Collins (R-ME), Kay Bailey Hutchinson (R-TX) and Olympia Snowe (R-ME), who all voted for the Lilly Ledbetter Act.
According to Senator Tom Harkin (D-IA), the Fair Pay Act will:
• Amend the Fair Labor Standards Act of 1938 to prohibit discrimination in the payment of wages on the basis of sex, race or national origin;
• Require employers to provide equal pay for jobs that are comparable in skill, effort, responsibility and working conditions;
• Prohibit companies from reducing other employees’ wages to achieve pay equity;
• Require public disclosure of employer job categories and pay scales, without requiring specific information on individual employees; and
• Allow payment of different wages under a seniority system, merit system, or system that measures earnings by quantity or quality of production.
The bill makes perfect sense—give all female workers a chance to see what their equal male counterparts are earning, and see if it matches up without getting sued by employers. In an economy where women earn some 33% less than males, why wouldn’t politicians see this as a good measure for ensuring equal rights?Read More
For now, it seems that the fiscal cliff crisis has been temporarily adverted. The Senate and House approved the American Taxpayer Relief Act of 2012, which has prevented old budgeting from sending the country hurtling down the Fiscal Cliff.
But don’t get too excited. The battle isn’t over and in some ways it’s just beginning. The new deal, which is designed to keep our economy from another recession, increases taxing on the wealthy but has temporarily halted many changes in government spending.
In further detail, here’s what some of the new bill entails:
- Tax rates will increase for taxpayers with incomes higher than $450,000
- Changes in estate taxing was adverted
- Middle class has an extension on stimulus tax cuts
- Capital gains taxes increase to 20% for high earners
- Some estimates say the deal will provide bout $600 B in revenue over the next 10 years.
However, there’s been no real agreement on what should be done about government spending cuts.Read More
“I never doubted that equal rights was the right direction. Most reforms, most problems are complicated. But to me there is nothing complicated about ordinary equality.” – Alice Paul, suffragist and author of the still-not-ratified Equal Rights Amendment.
Alice Paul had a singular mission, from which she never strayed: women’s full and unequivocal equality.
Today, on what would be her 128th birthday, I sing her praises and birthday wishes for at least three reasons.
First, She lived her principles—“wore the shirt” as in Power Tool #6. Interestingly, though today most of the opposition to women’s equality comes from the fundamentalist denominations of many major religions, Paul credits her religious upbringing for her deep convictions about the righteousness of women’s suffrage and women’s equality in general.Read More