We've selected 100 women go beyond the traditional classifications of the power elite.By Caroline Howard, Forbes Staff
For our 10th annual Forbes Power Women list, our mission is to redefine power. We've selected 100 women go beyond the traditional classifications of the power elite (political and economic might). They are actually shifting our very idea of clout and authority and transforming the world and in exhilarating and novel ways. This annual snapshot of the 100 women with impact are top politicians and CEOs, activist billionaires and celebrities who matter. In roughly equal measure you'll find next gen entrepreneurs, technologists and philanthropists -all ranked by dollars, media momentum and impact (see full methodology here).
This year the list features eight heads of state -- including our No. 1 for the eighth time, German Chancellor Angela Merkel -- who run nations with a combined GDP of $9.9 trillion. The 24 corporate CEOs control $893 billion in revenues and of 16% of the women here have founded their own companies, including two new billionaires to the
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We've selected 100 women go beyond the traditional classifications of the power elite.By Caroline Howard, Forbes StaffRead More »from The World's Most Powerful Women 2013
- Forbes.com | Secrets to Your Success – Tue, Mar 19, 2013 2:48 PM EDT
Ilene GordonBy Jenna Goudreau, Forbes StaffRead More »from The CEO of $5 Billion Ingredion Reveals Her Secret to 'Having it All'
Ilene Gordon, 59, has never done anything simply because she was expected to. When she was in junior high, she lobbied the principal to take shop class with the boys rather than bake muffins with the girls. In high school, she was the only girl to take physics, and she later went on to attend MIT when the student ratio was 10:1 women. That was all good preparation for a pioneering career in the food and packaging industries, serving as the first female officer of Tenneco and leading $6.5 billion Alcan Packaging from Paris-all while raising two kids in Chicago.
Today, Gordon is CEO of publicly traded Ingredion, formerly Corn Products, a global ingredient manufacturer that works with food companies like Nestle, Kraft and Unilever, and one of just 21 women leading a Fortune 500 company. Since taking the helm in 2009, she has implemented a new strategy, grown the market cap from $2.2 billion to over $5 billion, and increased sales to $6.5 billion. She
More women have joined the ranks of the world's wealthiest, but as a group females still hold a small sliver of total 10-figure fortunes. Of the 1,426 people on the new 2013 Forbes list of the World's Billionaires, just 138 are women. That's up from 104 women last year. New women billionaires include fashion designer Tory Burch and Hong Kong finance executive Pollyanna Chu.
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Read More »from The World's Richest Women of 2013
- Forbes.com | Secrets to Your Success – Fri, Feb 15, 2013 10:14 PM EST
Dani JohnsonBy Maseena ZieglerRead More »from How One Woman Went from Homeless to Millionaire in Less Than Two Years
In an episode of Sex And The City, the lead character Carrie Bradshaw, once poignantly concluded, "Maybe the past is like an anchor holding us back. Maybe, you have to let go of who you were to become who you will be."
In extraordinarily different circumstances, in a far cry from the glamorous lives portrayed on SATC, a 21-year-old homeless woman named Dani Johnson, came to roughly the same conclusion, though perhaps, through a more excruciating journey.
She made a meager living as a cocktail waitress in Hawaii, and was living out of her car with just two dollars and three cents to her name and $37,000 in debt. Haunted by a childhood filled with brutal and systematic physical and sexual abuse, she attempted suicide following a cocaine binge - but in that moment, ironically, her life changed forever.
Today Dani Johnson is a multi-millionaire many times over, runs five companies and spends her time jetting around the world, giving back through her various
Got your eye on the corner office? These companies offer women the best chance of getting there.By Jenna GoudreauRead More »from The Best Companies for Women in 2013
Got your eye on the corner office? These companies offer women the best chance of getting there.
The National Association for Female Executives (NAFE), a division of Working Mother Media, this week released its annual list of the top 50 companies for executive women. While only 4% of America's major corporations currently have female CEOs, this list spotlights the businesses that lead the nation in their commitment to female leadership.
More On Forbes: The Best-Paying Cities For Women In 2013
"This year we see measurable progress for women at companies that have made their advancement a priority," says Betty Spence, president of NAFE. "For women, these are the top companies to work for."
To be considered, companies needed a minimum of two women on their boards of directors and at least 1000 employees in the U.S. They were chosen based on female representation at all levels, employees' access to and usage of programs and policies that promote the advancement of
By Susan AdamsRead More »from Questions You'd Better Ask Your Boss
Consider asking your boss about his or her previous work experience.I once worked on a team that helped produce a nightly television news show. The format didn't vary much, the deadlines were the same every night and my colleagues and I were experienced pros. But our senior producer had a tough time letting us just do our thing. Even though we sat in offices mere feet from the boss, she wanted us to send frequent e-mail updates on our progress. We could've been the most crackerjack TV producers. If we didn't keep the boss in the loop, she thought we were falling down on the job.
That's because this boss had what management professor Joe Magee calls a strong sense of ownership over the work her staff performed. An authority on power and politics within organizations, Magee teaches at New York University's Stern School of Business. In order to be successful at work, he recommends employees get curious about their bosses' backgrounds, their goals, their values and their day-to-day management styles. To that end, he's come up with 10
- Forbes.com | Secrets to Your Success – Tue, Jan 8, 2013 5:09 PM EST
By Meghan CasserlyRead More »from Three Critical Steps to Acing the Next-Generation Job Interview
Be prepared to be put to work at your next interview--or even before you're asked in.Ask anyone: managers, recruiters and job applicants are all unhappy with the current standards in hiring. A candidate comes in after a paper resume's been given the once-over and rattles off her best qualities over the course of a 30 minute interview, during which time you learn little more than whether she can tell a decent story or if you like her blazer. She leaves, feeling dissatisfied that she hasn't been able to show you what she's truly capable of.
More often than not, you will never see each other again.
But hiring trends are changing, and experts predict within the next 365 days a new practice will take root that will change the job application process on both sides of the interview table forever. It's called the challenge-based interview process and, in short, it's a process by which candidates, show rather than tell prospective employers their skill-sets.
Elli Sharef, the co-founder of Y-Combinator-backed recruiting company HireArt has found herself in
By Susan AdamsRead More »from The Least Stressful Jobs of 2013
Jewelers have one of the least stressful jobs.University professors have a lot less stress than most of us. Update: Well maybe not, see ADDENDUM below. Unless they teach summer school, they are off between May and September and they enjoy long breaks during the school year, including a month over Christmas and New Year's and another chunk of time in the spring. Even when school is in session they don't spend too many hours in the classroom. For tenure-track professors, there is some pressure to publish books and articles, but deadlines are few. Working conditions tend to be cozy and civilized and there are minimal travel demands, except perhaps a non-mandatory conference or two. As for compensation, according to the Bureau of Labor Statistics, the median salary for professors is $62,000, not a huge amount of money but enough to live on, especially in a university town.
Another boon for professors: Universities are expected to add 305,700 adjunct and tenure-track professors by 2020, according to the BLS. All of
By Jenna Goudreaureport by the American Association of University Women (AAUW), in 2009-the most recent year for which data is available-women working full time earned only 82% on average of what their male peers earned just one year out of college. Thus, the pay gap begins in your first job out of school.
The study authors conclude that a primary cause of the earnings difference is choice of college major. Men are more likely to study higher-paying specialties like engineering and computer science, while women are more likely to pursue lower-paying specialties like education and social sciences. However, one-third of the pay gap remains unexplained, and is likely the result of lingering gender discrimination and differences in salary negotiations.
More On Forbes: The Most Valuable College Majors
"Although womenRead More »from The 10 Best-Paying College Majors for Women
- Forbes.com | Work + Money – Tue, Nov 20, 2012 2:54 PM EST
By Meghan Casserly
Women in the U.S. earn $10,784 less than their male counterparts each year, according to The National Partnership for Women and Families.22-year-old twins Mike and Caitlin are one year out of college. Both studied at a four-year University, received bachelor's degrees in engineering and are 12 months into entry-level jobs. Both siblings carry $20,000 in student loan debt, just about the national average.
All things being equal, Caitlin and Mike are on even (if unfortunate) footing for recent grads-making those first arduous steps up the career ladder, living on entry-level salaries and chipping away at hefty student loans. All things being equal.
Except that, at least according to new research from the American Association of University Women, all things are not equal. In fact, in comparing the salaries of men and women with comparable education in comparable fields just one year out of college, it's plain to see that when it comes to paying off student loan debt and getting ahead financially, Caitlin-and all women-are much worse off. Men and women pay the same amount for college, butRead More »from The Student Loan Debt Crisis is a Women's Issue: Here's Why