Monday, September 12, 2016

How to Become a C.E.O.? The Quickest Path Is a Winding One

"New evidence shows that a mix of skills, especially technology skills, counts more than simply long experience in one specialty." An excerpt:
These are some of the big findings in a new study of 459,000 onetime management consultants by the social network LinkedIn. Experience in one additional functional area improved a person’s odds of becoming a senior executive as much as three years of extra experience. And working in four different functions had nearly the same impact as getting an M.B.A. from a top-five program.
Good news for (courageous) job switchers:
And two business school professors, Jennifer Merluzzi of Tulane and Damon J. Phillips of Columbia, studied hundreds of graduates of an elite M.B.A. program who went into investment banking. The people who were specialists — who had focused only on banking in the past — received fewer offers and lower starting bonuses than those who had worked across various specialties.
Read more in the NYT.  Thanks, +Ted Sumers 

Why Women Aren’t C.E.O.s, According to Women Who Almost Were

"It’s not a pipeline problem. It’s about loneliness, competition and deeply rooted barriers." Read more in the NYT .