Category: Enterpreneurship

Women executives say the pandemic is exacerbating gender bias

This year is hard on working women. They’re losing their jobs and leaving the workforce at higher rates than men. Not to mention school closures are disproportionately creating more work for mothers.

So how are women at the top doing? How do they see the pandemic changing their work?

To find out, Fortune surveyed a group of more than 600 women leaders in our Most Powerful Women (MPW) community. In all, we received 112 responses in September. Among those, 88% work on at least one corporate or nonprofit board and 30% are CEOs. 

Among the women executives surveyed by Fortune, 66% say the pandemic is exacerbating gender bias.

The pandemic is resulting in more childcare work for employed parents—and much of that is falling to mothers. But 57% of women leaders told Fortune that their company is not offering additional child-care resources or paid leave. On the flip … Read the rest

Sheryl Sandberg: Companies can’t risk losing their best women leaders

Good morning, Broadsheet readers! Two women are the finalists to head the World Trade Organization, we get ready to welcome special guests to Fortune’s MPW Next Gen Summit, and Sheryl Sandberg sounds the alarm on the importance of retaining corporate America’s best leaders. Have a restful weekend.

– Senior-level crisis. Earlier this week, the Broadsheet covered the astounding number of women leaving the workforce: 865,000 in September alone.

That crisis is just the tip of the iceberg for corporate America, write Lean In cofounders Sheryl Sandberg and Rachel Thomas in a new op-ed for Fortune. Businesses risk losing their top female leaders—the senior most women at their companies—as a result of the coronavirus pandemic.

“Senior-level women—tough, tested, ambitious leaders—are being pushed to their limits and beyond,” write Sandberg and Thomas. “This is a real problem for companies because these leaders are too important to lose.”

Like many working … Read the rest

Kamala Harris says ‘Mr. Vice President, I’m speaking’—and women can relate

This is the web version of The Broadsheet, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.

Good morning, Broadsheet readers! Two women win the Nobel Prize in Chemistry, Laurene Powell Jobs exits some media investments, and Sen. Kamala Harris takes part in a historic debate. Have a thoughtful Thursday.

– ‘I’m speaking.’ Sen. Kamala Harris and Vice President Mike Pence engaged in the most consequential vice presidential debate in a generation on Wednesday night, given that both are second-in-line to men who will be the oldest president ever elected, no matter which one wins. Plus, it was the first time a Black woman debated a white man in a one-on-one national debate.

There was plenty of distraction from the weight of the contest: The plexiglass, a visual reminder to viewers of the on-going COVID-19 outbreak at the … Read the rest

Slack keeps up with the coronavirus pandemic through new updates like corporate DMs

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Slack’s popular corporate messaging app is getting several new updates to help out the wave of companies frantically shifting to accommodate employees now working from home.

The workplace software company announced the new tools on Wednesday as part of its Frontiers user conference, which like many other recent tech events, is now online due to the impact of COVID-19.

As Slack chief product officer Tamar Yehoshua explained in an earlier interview with Fortune, Slack’s internal research concluded that overall, “people are pretty positive about” working from their homes. 

However, she added, “We are finding that people have an increased feeling of loneliness and isolation,” underscoring the challenges companies face dealing with workers who may be struggling with mental health and grief in the coronavirus pandemicRead the rest

The WNBA gives a lesson on choosing political action over empty words

Good morning, Broadsheet readers! Kayleigh McEnany tests positive, all eyes are on the VP debate, and why the WNBA won’t say her name. Have a healthy Tuesday.

– She who must not be named. While most of the U.S.’s attention is, understandably, focused on presidential politics, I was interested to see that the New York Times yesterday ran a pair of stories focused on a certain female member of Congress.

If I were a WNBA player, I wouldn’t get any more specific than that. While I am a fan, I haven’t dribbled a basketball since junior high, so I’ll spell it out: Georgia Sen. Kelly Loeffler.

The first NYT story digs into how Loeffler—who is perhaps best known for making some very profitable stock trades soon after senators received a private briefing on COVID-19—went from “from political moderate to ‘more conservative than Attila the Hun.’” It’s an object lesson in … Read the rest