Monday, June 27, 2016

Women Make Significant Contributions in Our World

Women have been starting businesses at a higher rate than men during the past 20 years.
Forecasts indicate that by 2018, there will be more than 9.72 million new small business jobs created and women are expected to create more than half of them. This is a remarkable increase since 2010, when women-owned businesses created only 16 percent of U.S. jobs.
Our friend and colleague, Dr. Sharon Hadary (pictured), former executive director of the Center for Women's Business Research, said that successful women business owners tend to share some characteristics that set them apart.

To find out what those characteristics are, visit:  Women business owners:  What sets them apart?

Sunday, June 19, 2016

What Fathers Teach Us

Does father know best?  I'd like to think so.  In honor of fathers celebrating Father's Day, we feature nine things CEOs and business leaders learned from dads.

Read more:  Nine Business Leaders Share the Best Lessons They Received From Their Fathers
My own father taught me to always be myself and to stand up for myself, which would teach people how to treat me.
What did you learn from your father?

Monday, June 13, 2016

Dr. Marsha Firestone Helps You Get to the Next Level in Business

How do you reinvent yourself?  Keep your team motivated?  Get to the next level with your business?  Dr. Marsha Firestone, founder and President of the Women Presidents' Organization has your back.
Dr. Firestone [as we know her] is a visionary who works tirelessly to bring together the best minds to inspire the members. She is very passionate about the quality of the organization and what it delivers.
Read:  Women Entrepreneurs Find Their Place Thanks to Dr. Marsha Firestone

Monday, June 06, 2016

How Safe Is Your Business?

Is there a straight line to success?  According to Harry Red, not quite. He says:

Just like on the Titanic, look out the window and you will spot icebergs, dead ahead. Tough problems which can deplete your time, energy and capital.

What do you struggle with?  See if it falls into these three buckets:
  1. Hiring the right team.
  2. Picking the right priorities.
  3. Serving the right customers.
Find out how to tackle some of these challenges here:  How Safe Is Your Small Business From These 3 Icebergs?

Monday, May 30, 2016

Philly Is Open to Women Business Owners

According to a new report published by Small Business Trends, Philadelphia is a top city for women entrepreneurs. Small Business Trends finds Philadelphia among the top cities for women entrepreneurs.
There are about 40,906 women-owned companies in Philadelphia, according to the report, primarily in health care, construction, technology and staffing services.
Learn more:  Philly is a top city for women entrepreneurs:  Small Business Trends Report  Are you based in Philly?  Consider WPO membership, for we have a chapter in Philadelphia.

Monday, May 23, 2016

A Q&A with Christina Ochs, President of Corporation for Interest Rate Management

Our very own WPO Chicago member Christina Ochs (pictured), President of Corporation for Interest Rate Management (CIRM), a Chicago-based advisory company, is interviewed by Real Estate Finance and Investment (REFI).
Ochs gives some excellent insight into the advisory company’s business of working with real estate developers and corporate borrowers to mitigate interest rate risk since 1981 and explains how it functions as an extension of its clients’ treasurer or chief financial officer functions. 
Read:  Q&A:  Christina Ochs, Corporation for Interest Rate Management (requires free trial registration)

Monday, May 16, 2016

Do You Assign More Tasks to More Competent Employees?

According to The Atlantic's, "Being a Go-Getter Is No Fun," people do, in fact, assign more tasks to those they perceived as more competent.
In a survey, participants read statements about a fictional employee “Sam[Sally]”—different groups read different statements about Sam[Sally] indicating how much self-control he[she] had (self-control was used as a proxy for competence). When Sam[Sally] was presented as someone with great self-control, participants expected much more of Sam’s[Sally's] performance at his[her] manufacturing job. In a separate experiment, undergrads were asked to delegate essays for proofreading to other students with varying levels of self-control. Unsurprisingly those with more self-control ended up with more work assigned to them.
Read more:  Being a go-Getter Is No Fun -- The Atlantic

The lesson to learn from this article?  If someone is doing more than his or her fair share, compensate him or her for it. If not, he or she may ultimately leave and seek recognition elsewhere.