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Women Friendly = Global Friendly
For the first time in economic history, American women are being recognized for their
position as the key buyer or influencer in the majority of all purchases in markets as
diverse as electronics and financial services. Trillions of dollars are at stake as
capitalism changes the global landscape. How do companies take advantage of this
market shift? What unique female attributes drive it? And how do companies leverage
these attributes to compete globally in an “Internetted” world that gives increasing power
to the individual?
                                    Today, many companies are jumping on the “marketing to women”
                            bandwagon. They are spending hundreds of thousands of dollars to identify what
                            women want in their product and services.
                            They will spend even more in R&D as they attempt to find that one unique
                            element which will push their product above their competitors. Perhaps they are
                            missing an obvious differentiator which they already have, but have not tapped
                            into – their female employees.
                                    Could the same traits that clients learn about their female market be
                            tapped in their female employee base, and could these traits work to increase
                            bottom line profits. In this day of service and value, could their female
                            employees, become as important as or be the important differentiator for their
                            product or service? And what impact could this have on their success as they
                            move into the global economy? This paper attempts to answer these questions
                            by exploring the reasons why a company should shift its focus from
                            women as “buyer” to woman as “internal catalyst” – a catalyst which will secure
                            product and service differentiation in the global economy.




Copyright December 2004                                                                           1
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
It Takes One To Know One
                                       “It takes one to know one”, is a statement perfectly suited to the women’s
                            market. Stating the obvious, women come with a pre-understanding on how their
                            gender thinks, processes, reacts, accepts, and applies information. Without
                            trying, their decisions are more in line with their personal likes and dislikes and
                            therefore more in line with what the women’s market values. When given free
                            reign to apply their innate knowledge, woman will position products and
                            companies to be more appealing to this powerful global market force. At the
                            same time, their inherent management traits will also foster goodwill and trust
                            that the interconnected world demands regardless of gender.



Multi-tasking Masters
                                       A strong, organized female executive or project manager is often THE
                            key success element in projects delivered on time and on budget. Wearing the
                            “most organized hat”, female managers take on the myriad of thankless tasks
                            and build collaborative teams to assure that “the job gets done and out the door”.
                            This observation is well known by management, the difficulty has been how to
                            utilize these skills while not viewing them as limitations, as her only strengths
                            and in stereotyping the work required as gender suited; therefore gender limiting.



Positive Differences
                                       Research over the last decade is allowing us to move toward a more
                            politically correct methodology for gender differentiation so that corporations
                            can better address women’s strengths through the lens of positive
                            difference rather than a gender biased, male versus female perspective.
                                       In 1973, Henry Mintzberg, conducted a series of studies which identified
                            the 10 roles that cover the wide variety of activities that a successful manager is
                            required to do.1 These 10 roles can be grouped into 3 categories:
                                   •   Informational
                                   •   Interpersonal
                                   •   Decisional 2
                                       The ability to which a manager is able to integrate each of these
                            categories will determine his/her level of success in performing the key functions
                            of a manager – that of Planning, Organizing, Leading and Controlling. 3


Copyright December 2004                                                                                    2
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
Globalization and Its Impact on Managers
                                    Globalization can be described as a “proliferation of worldwide economic,
                            social and cultural networks and people’s dependencies on these global
                            networks for prosperity and security” 4. With the democratization of technology,
                            finance and information, the previously closed Cold War view of business has
                            transformed corporations into a global community. Today, business
                            managers find themselves facing “non business issues” as diverse as
                            environmental, ethical and cultural sensitivity, international employment law and
                            employee safety and security while simultaneously developing collaborative
                            networks of employees, partners and overseas business locations.



High Touch Human Skills- A Necessity in the New Economy
                                    In addition to the operational management skills required by the new
                            global workplace, international alliances and workforce development place an
                            even higher demand on human relations skills. “Rather than a single-minded
                            focus on profits, today’s managers must recognize the critical importance of
                            staying connected to employees and customers” 5. In addition, the need to
                            transmit corporate culture across new countries, time zones and non-US based
                            employees will become critical to the successful implementation and
                            maintenance of the organizations mission 6. The innate ability to stay
                            connected is a key female trait. Companies wishing to build global
                            customer communities should strongly consider how to leverage their female
                            employee population to develop and maintain critical global connections.




Education Trends- Female Versus Male
                                    Since 1979, women have outnumbered men on college campuses and
                            now make up 56% of all undergraduates 7. In 1996, there were 8.4 million
                            women and 6.7 million men in American colleges. According to the US
                            Department of Education, the enrollment of women in graduate programs rose
                            178% between 1969 and 1999 and women received 44.2% of all doctorate
                            degrees granted in 2000 8. By 2007, it is estimated that this disparity will grow to
                            9.2 million women versus 6.9 million men. Additionally, the US Census 2000



Copyright December 2004                                                                                3
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
shows that the female-to-male- ratio of bachelors degree recipients will be
                            1:42:1, for master’s degrees, the ration will be 1:51:1 9.
                                       Lastly, 2001 was a watershed year for women in law schools – for the
                            first time, female law entrant’s outnumbered men 10.
                                       These data trends clearly demonstrate that women will not only
                            outnumber men in both sheer numbers and advanced schooling, but lead to a
                            larger, more important question – will corporate America take advantage
                            of this asset?


Women – Communications Strength
                                       While US businesses acknowledge that a new, fluid global workplace is
                            emerging, they often remain male inspired with male dominated hierarchies and
                            management styles. The women’s movement has forced recognition of women’s
                            “rights”, but not women’s “strengths”. In Judy Rosener’s book, American’s
                            Competitive Secret- Women Managers 11 the following female management traits
                            are outlined:
                                   •   Linking rather than ranking workers
                                   •   Favor interactive-collaborative leadership styles
                                   •   Sustain fruitful collaborations
                                   •   Comfortably sharing information
                                   •   See redistribution of power as victory, not surrender
                                   •   Readily accept ambiguity
                                   •   Honor intuition as well as pure “rationality”
                                   •   Inherently flexible
                                   •   Appreciate cultural diversity
                                       However, just having innate traits does not assure the effective use of
                            them. There is mounting evidence that women, rather than men, make better
                            corporate managers. In a study of 425 high-level executives, female managers
                            were rated higher than their male counterparts in 42 of 52 skills
                            measured 12.
                                       Lastly, in business, women are believed to be better with customers,
                            more efficient, more trustworthy and more generous and understanding with
                            colleagues, than their male counterparts. These feminine skills (working in
                            teams, better at persuasion, communication skills and adaptability)


Copyright December 2004                                                                                 4
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
meet the demands of the rapidly changing global workplace and could
                            go a long way in improving the dismal customer service ratings that consumers
                            give corporations.



Nature Versus Nurture
                                    Today modern medical technology is allowing us to move from intuition
                            gender based assumptions to scientific evidence of distinct differences in men
                            and women. The greatest leaps in research have taken place in the last ten
                            years due to the development and use of the functional Magnetic Resonance
                            Imaging, MRI. The MRI is able to depict areas of brain activity and provide clear
                            images of various areas of the brain which control our perceptual, cognitive and
                            emotional make-up 13.
                                    The following summarizes the work of researchers at Indiana University
                            School of Medicine, headed by Dr. Joseph T. Lurito. The purpose of Dr. Lurito’s
                            work was to determine the way men and women process information. MRI
                            studies show that women have four times as many connections
                            between the left and right brain. This connection area, called the corpus
                            callosum is not only more well connected in the female brain, it is 15% thicker in
                            females than males making it much easier to transfer data from one side to the
                            other at a high rate of speed, as well as take in a variety of information and add it
                            to basic, objective logic. Women have a naturally ambidextrous brain, capable of
                            enhanced perceptual speed, fine motor skills and a higher degree of
                            verbal fluency. This accounts for the high level of multi-tasking skills that
                            women possess. Women are more efficient at processing information in general,
                            by adding external clues, and are incredibly flexible at adjusting to different ways
                            of relating to the world.
                            Researchers believe that this combination of size and connectivity makes women
                            more perceptive, articulate and verbally fluent 14.
                                    We use our physical senses—sight, sound, smell, taste and touch to
                            gather and store information. One of our senses; the eye, has been shown to be
                            influenced by gender. The cones and rods in our retina are connected. The
                            cones help us focus more intensely and intensify clarity and color. The rods help
                            us detect the slightest movement in the visual field. Women have more rods
                            which provides them greater peripheral vision and the ability to see the whole
                            picture all at once – not just seeing the picture but “feeling” it, an


Copyright December 2004                                                                                 5
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
important part of intuition. This allows women to identify emotion and discriminate
                            subtle facial expressions faster than men. Men, on the other hand, focus best on
                            one thing at a time, having greater depth perception 15. This attention to detail is
                            what makes women such discriminating shoppers and voracious information
                            gathers. It is also a skill which can be leveraged throughout the entire
                            product development cycle and market strategy phase if a company understands
                            the benefit of the perceptual differences that women bring to the planning table.



Win-Win, A Natural Outcome
                                    The skills required for successful negotiation—the sharing of information
                            and the view that the redistribution of power – can be seen as victory and not
                            surrender and are innately female qualities 16. Coupling the intuitive sense with
                            these skills makes for a formidable asset at the negotiation table—resulting in a
                            win-win solution for both parties. Viewing these same negotiation skills as
                            customer problem solving skills provides another way of assessing the value of
                            woman’s skill as part of the total customer experience.
                                    The chart on the next page outlines the old and new
                            workplace management traits.




Copyright December 2004                                                                                 6
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
Management Traits – Women’s Unique Strengths for the New Economy
                            The Rosener’s, Woman Manager Skill Sets18, have been aligned with the new
                            workplace management traits as defined by Daft & Marcic          17.

                                         .

         Characteristics                Old Economy            New Economy           Rosener-Female Traits
                                                                                   Comfortably sharing
 Resources                    Atoms-physical assets   Bits-information             information
 Work                         Structured, localized   Flexible, virtual            Inherently flexible
                                                                                   Linking rather than ranking
 Workers                      Dependable employees    Empowered employees          workers
                                                        free agents                Appreciate cultural diversity


 Forces on Organizations
 Technology                   Mechanical              Digital, e-business
 Markets                      Local, domestic         Global, including Internet
 Workforce                    Homogenous              Diverse
 Values                       Stability, efficiency   Change, speed
                                                      Turbulent, more frequent
 Events                       Calm, predictable       crisis                       Readily accept ambiguity


 Management
 Competencies
                                                                                   See redistribution of power
 Leadership                   Autocratic              Dispersed, empowering        as victory, not surrender
                                                                                   Favor interactive-
                                                      Connections to customers,    collaborative leadership
 Focus                        Profits                 employees                    styles
                                                                                   Linking rather than ranking
 Doing Work                   By individuals          By teams                     workers
                                                                                   Sustain fruitful
 Relationships                Conflict, competition   Collaboration                collaborations
                                                      Experimentation, learning,
 Design                       Efficient performance   organization
                                                                                   Honor intuition as well as
 Style                                                                             pure “rationality”




Exhibit 1.4, The Transition to a New Workplace, Chapter 1, Managing a New Workplace




Copyright December 2004                                                                                         7
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
The Power of Her Mouse
                                    Rosener does not address another critical skill required of the new
                            economy– technology skills, and the understanding and leveraging of its power
                            for business efficiency and communication. Technical skill capability, traditionally
                            perceived as male dominated, can be refuted through several recent findings. In
                            December of 2002, the number of women on the Internet reached 62.7 million,
                            becoming the majority of online users at 52% 19. Sixty-one percent (61%) of
                            women and 55% of men use the Internet for business and 52% of women versus
                            51% of men sell their products or services on line 20. Lastly, in the Consumer
                            Electronics Association (CES) 2004 study it was found that women were
                            responsible for $55 of the $96 billion spent last year on consumer electronics. So
                            great is the impact and growing trend of women on the electronics industry that
                            at their recent two day , 2004 International CES conference, a Super Session
                            was dedicated to the woman’s market 21.
                                    While the number of women focused in pure technology as a degree or
                            career focus is still considerably less than males, this data strongly
                            indicates that women may not “write the code”, but surely know how
                            to leverage its power for business use. And in terms of sheer buying
                            power “WOMEN ARE DRIVING the growth of online shopping. Last year, women
                            accounted for 52% of online buyers — 18.9 million of the total 36.5 million U.S.
                            shoppers online, according to Forrester Research”. 22.


Woman In Management – The Key Differentiator
                                    If one agrees with the necessary global management skill traits outlined
                            in this paper and their relevance as a competitive advantage in the new
                            economy, women’s strengths in critical management areas cannot be denied. In
                            an increasingly competitive global environment success will be defined not only
                            by product, but by the ability to cost effectively manage production and
                            orchestrate operationally, the complexity caused by time, distance and diverse
                            employee groups. The key element in this challenge is people—and
                            their strong organizational and collaboration skills. Women’s innate
                            management and communications styles are more suited to these requirements.
                            It is not a question of men/versus women, or one being better than, or worse than


Copyright December 2004                                                                                8
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
the other, its about companies’ leveraging the best worker for the best job and
                            the companies succeeding with and through their women managers. In the final
                            analysis, if corporations give women the space to complete their thoughts, sales
                            will increase, customer satisfaction will increase and brands will become tied to
                            the largest buyer group in the US – Women!




Copyright December 2004                                                                               9
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM
References
1. Henry Metzger, 1973. The Nature of Managerial Work (Harper & Roe New York); and            Mintzberg, “Rounding
         Out the Managers Job,” (Sloan Management Review (Fall 1994), pp. 11-26).
2,3,5,6, 17 - Daft & Marcic, 2004, p. 12 & 13, p16) p. 20, p.71).Understanding Management (South-Western,
         Mason)
4. Mansbach R. 2000, p.4. The Global Puzzle, Issues and actors in world politics (Houghton Mifflin Company:
         Boston, MA)
7,8,9 – WOW Facts, 2002. Education and Women, chap. 9, Washingtonian 2002, US Department of Education,
10. US Department of Labor 2002
11. Cited in Peters, re-imagine, p271
12. Employers of America, 2001
13. Belgium Study 2004, Retrieved from http;//michelemiller.blogs.com, 3/4/2004 blog posting                    Woman
         Does Not Live by Hormones Alone, WonderBranding: Marketing to Women:                 Brain Studies
14. The Female Brain Part 2, 2/18/2004. Retrieved from http://www.michelemiller.blogs.com ,blog posting,
         WonderBranding: Marketing to Women: Brain Studies
15. Intuition Part II and Part III, 2004, Intuition Part II (4/13/2004) retrieved from http://www.michelemiller.blogs.com,
         blog posting, WonderBranding. Intuition Part III, (4/13/2004) Eye of the Beholder retrieved from
         http://www.michelemiller.blogs.com, blog posting, WonderBranding
16. Rosener, as cited in Peters, 2003, Re-imagine, p271, Dorly Kindersley Limited: London, England
18. J. Rosener’s, Woman Manager Skill Set
         Rosener J. (1997) American’s Competitive Secret-Women Managers , (Oxford University Press,
         Incorporated: New York, NY, 1997)
19. ComScore Media Metrix, 12/02.
20. Technology and Women, Chapter 42 Center for Women’s Business Research, WOW 2002)
         WOW Facts, (2002), Technology and Women, Center for Women’s Business Research, Chapter 42: pp
         359-368.
21. Press Release, Day two of CES focuses on technology policy and marketing to women, CEA,            Las Vegas,
         1/10/2004). CEA Press Release, (1/10/2004) Day two of CES focuses on technology policy and marketing
         to women, Las Vegas, Jeff Joseph jjoseph@ce.org
22. WSL Strategic Retail, a New York City consultancy Jul 1, 2004, Soft Goods Propel Hard Drives
         By Betsy Spethmann




Copyright December 2004                                                                                       10
Woman Friendly = Global Friendly
Terri A. Whitesel
Interpret-HerTM

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Women Friendly Global Friendly

  • 1. Women Friendly = Global Friendly For the first time in economic history, American women are being recognized for their position as the key buyer or influencer in the majority of all purchases in markets as diverse as electronics and financial services. Trillions of dollars are at stake as capitalism changes the global landscape. How do companies take advantage of this market shift? What unique female attributes drive it? And how do companies leverage these attributes to compete globally in an “Internetted” world that gives increasing power to the individual? Today, many companies are jumping on the “marketing to women” bandwagon. They are spending hundreds of thousands of dollars to identify what women want in their product and services. They will spend even more in R&D as they attempt to find that one unique element which will push their product above their competitors. Perhaps they are missing an obvious differentiator which they already have, but have not tapped into – their female employees. Could the same traits that clients learn about their female market be tapped in their female employee base, and could these traits work to increase bottom line profits. In this day of service and value, could their female employees, become as important as or be the important differentiator for their product or service? And what impact could this have on their success as they move into the global economy? This paper attempts to answer these questions by exploring the reasons why a company should shift its focus from women as “buyer” to woman as “internal catalyst” – a catalyst which will secure product and service differentiation in the global economy. Copyright December 2004 1 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 2. It Takes One To Know One “It takes one to know one”, is a statement perfectly suited to the women’s market. Stating the obvious, women come with a pre-understanding on how their gender thinks, processes, reacts, accepts, and applies information. Without trying, their decisions are more in line with their personal likes and dislikes and therefore more in line with what the women’s market values. When given free reign to apply their innate knowledge, woman will position products and companies to be more appealing to this powerful global market force. At the same time, their inherent management traits will also foster goodwill and trust that the interconnected world demands regardless of gender. Multi-tasking Masters A strong, organized female executive or project manager is often THE key success element in projects delivered on time and on budget. Wearing the “most organized hat”, female managers take on the myriad of thankless tasks and build collaborative teams to assure that “the job gets done and out the door”. This observation is well known by management, the difficulty has been how to utilize these skills while not viewing them as limitations, as her only strengths and in stereotyping the work required as gender suited; therefore gender limiting. Positive Differences Research over the last decade is allowing us to move toward a more politically correct methodology for gender differentiation so that corporations can better address women’s strengths through the lens of positive difference rather than a gender biased, male versus female perspective. In 1973, Henry Mintzberg, conducted a series of studies which identified the 10 roles that cover the wide variety of activities that a successful manager is required to do.1 These 10 roles can be grouped into 3 categories: • Informational • Interpersonal • Decisional 2 The ability to which a manager is able to integrate each of these categories will determine his/her level of success in performing the key functions of a manager – that of Planning, Organizing, Leading and Controlling. 3 Copyright December 2004 2 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 3. Globalization and Its Impact on Managers Globalization can be described as a “proliferation of worldwide economic, social and cultural networks and people’s dependencies on these global networks for prosperity and security” 4. With the democratization of technology, finance and information, the previously closed Cold War view of business has transformed corporations into a global community. Today, business managers find themselves facing “non business issues” as diverse as environmental, ethical and cultural sensitivity, international employment law and employee safety and security while simultaneously developing collaborative networks of employees, partners and overseas business locations. High Touch Human Skills- A Necessity in the New Economy In addition to the operational management skills required by the new global workplace, international alliances and workforce development place an even higher demand on human relations skills. “Rather than a single-minded focus on profits, today’s managers must recognize the critical importance of staying connected to employees and customers” 5. In addition, the need to transmit corporate culture across new countries, time zones and non-US based employees will become critical to the successful implementation and maintenance of the organizations mission 6. The innate ability to stay connected is a key female trait. Companies wishing to build global customer communities should strongly consider how to leverage their female employee population to develop and maintain critical global connections. Education Trends- Female Versus Male Since 1979, women have outnumbered men on college campuses and now make up 56% of all undergraduates 7. In 1996, there were 8.4 million women and 6.7 million men in American colleges. According to the US Department of Education, the enrollment of women in graduate programs rose 178% between 1969 and 1999 and women received 44.2% of all doctorate degrees granted in 2000 8. By 2007, it is estimated that this disparity will grow to 9.2 million women versus 6.9 million men. Additionally, the US Census 2000 Copyright December 2004 3 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 4. shows that the female-to-male- ratio of bachelors degree recipients will be 1:42:1, for master’s degrees, the ration will be 1:51:1 9. Lastly, 2001 was a watershed year for women in law schools – for the first time, female law entrant’s outnumbered men 10. These data trends clearly demonstrate that women will not only outnumber men in both sheer numbers and advanced schooling, but lead to a larger, more important question – will corporate America take advantage of this asset? Women – Communications Strength While US businesses acknowledge that a new, fluid global workplace is emerging, they often remain male inspired with male dominated hierarchies and management styles. The women’s movement has forced recognition of women’s “rights”, but not women’s “strengths”. In Judy Rosener’s book, American’s Competitive Secret- Women Managers 11 the following female management traits are outlined: • Linking rather than ranking workers • Favor interactive-collaborative leadership styles • Sustain fruitful collaborations • Comfortably sharing information • See redistribution of power as victory, not surrender • Readily accept ambiguity • Honor intuition as well as pure “rationality” • Inherently flexible • Appreciate cultural diversity However, just having innate traits does not assure the effective use of them. There is mounting evidence that women, rather than men, make better corporate managers. In a study of 425 high-level executives, female managers were rated higher than their male counterparts in 42 of 52 skills measured 12. Lastly, in business, women are believed to be better with customers, more efficient, more trustworthy and more generous and understanding with colleagues, than their male counterparts. These feminine skills (working in teams, better at persuasion, communication skills and adaptability) Copyright December 2004 4 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 5. meet the demands of the rapidly changing global workplace and could go a long way in improving the dismal customer service ratings that consumers give corporations. Nature Versus Nurture Today modern medical technology is allowing us to move from intuition gender based assumptions to scientific evidence of distinct differences in men and women. The greatest leaps in research have taken place in the last ten years due to the development and use of the functional Magnetic Resonance Imaging, MRI. The MRI is able to depict areas of brain activity and provide clear images of various areas of the brain which control our perceptual, cognitive and emotional make-up 13. The following summarizes the work of researchers at Indiana University School of Medicine, headed by Dr. Joseph T. Lurito. The purpose of Dr. Lurito’s work was to determine the way men and women process information. MRI studies show that women have four times as many connections between the left and right brain. This connection area, called the corpus callosum is not only more well connected in the female brain, it is 15% thicker in females than males making it much easier to transfer data from one side to the other at a high rate of speed, as well as take in a variety of information and add it to basic, objective logic. Women have a naturally ambidextrous brain, capable of enhanced perceptual speed, fine motor skills and a higher degree of verbal fluency. This accounts for the high level of multi-tasking skills that women possess. Women are more efficient at processing information in general, by adding external clues, and are incredibly flexible at adjusting to different ways of relating to the world. Researchers believe that this combination of size and connectivity makes women more perceptive, articulate and verbally fluent 14. We use our physical senses—sight, sound, smell, taste and touch to gather and store information. One of our senses; the eye, has been shown to be influenced by gender. The cones and rods in our retina are connected. The cones help us focus more intensely and intensify clarity and color. The rods help us detect the slightest movement in the visual field. Women have more rods which provides them greater peripheral vision and the ability to see the whole picture all at once – not just seeing the picture but “feeling” it, an Copyright December 2004 5 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 6. important part of intuition. This allows women to identify emotion and discriminate subtle facial expressions faster than men. Men, on the other hand, focus best on one thing at a time, having greater depth perception 15. This attention to detail is what makes women such discriminating shoppers and voracious information gathers. It is also a skill which can be leveraged throughout the entire product development cycle and market strategy phase if a company understands the benefit of the perceptual differences that women bring to the planning table. Win-Win, A Natural Outcome The skills required for successful negotiation—the sharing of information and the view that the redistribution of power – can be seen as victory and not surrender and are innately female qualities 16. Coupling the intuitive sense with these skills makes for a formidable asset at the negotiation table—resulting in a win-win solution for both parties. Viewing these same negotiation skills as customer problem solving skills provides another way of assessing the value of woman’s skill as part of the total customer experience. The chart on the next page outlines the old and new workplace management traits. Copyright December 2004 6 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 7. Management Traits – Women’s Unique Strengths for the New Economy The Rosener’s, Woman Manager Skill Sets18, have been aligned with the new workplace management traits as defined by Daft & Marcic 17. . Characteristics Old Economy New Economy Rosener-Female Traits Comfortably sharing Resources Atoms-physical assets Bits-information information Work Structured, localized Flexible, virtual Inherently flexible Linking rather than ranking Workers Dependable employees Empowered employees workers free agents Appreciate cultural diversity Forces on Organizations Technology Mechanical Digital, e-business Markets Local, domestic Global, including Internet Workforce Homogenous Diverse Values Stability, efficiency Change, speed Turbulent, more frequent Events Calm, predictable crisis Readily accept ambiguity Management Competencies See redistribution of power Leadership Autocratic Dispersed, empowering as victory, not surrender Favor interactive- Connections to customers, collaborative leadership Focus Profits employees styles Linking rather than ranking Doing Work By individuals By teams workers Sustain fruitful Relationships Conflict, competition Collaboration collaborations Experimentation, learning, Design Efficient performance organization Honor intuition as well as Style pure “rationality” Exhibit 1.4, The Transition to a New Workplace, Chapter 1, Managing a New Workplace Copyright December 2004 7 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 8. The Power of Her Mouse Rosener does not address another critical skill required of the new economy– technology skills, and the understanding and leveraging of its power for business efficiency and communication. Technical skill capability, traditionally perceived as male dominated, can be refuted through several recent findings. In December of 2002, the number of women on the Internet reached 62.7 million, becoming the majority of online users at 52% 19. Sixty-one percent (61%) of women and 55% of men use the Internet for business and 52% of women versus 51% of men sell their products or services on line 20. Lastly, in the Consumer Electronics Association (CES) 2004 study it was found that women were responsible for $55 of the $96 billion spent last year on consumer electronics. So great is the impact and growing trend of women on the electronics industry that at their recent two day , 2004 International CES conference, a Super Session was dedicated to the woman’s market 21. While the number of women focused in pure technology as a degree or career focus is still considerably less than males, this data strongly indicates that women may not “write the code”, but surely know how to leverage its power for business use. And in terms of sheer buying power “WOMEN ARE DRIVING the growth of online shopping. Last year, women accounted for 52% of online buyers — 18.9 million of the total 36.5 million U.S. shoppers online, according to Forrester Research”. 22. Woman In Management – The Key Differentiator If one agrees with the necessary global management skill traits outlined in this paper and their relevance as a competitive advantage in the new economy, women’s strengths in critical management areas cannot be denied. In an increasingly competitive global environment success will be defined not only by product, but by the ability to cost effectively manage production and orchestrate operationally, the complexity caused by time, distance and diverse employee groups. The key element in this challenge is people—and their strong organizational and collaboration skills. Women’s innate management and communications styles are more suited to these requirements. It is not a question of men/versus women, or one being better than, or worse than Copyright December 2004 8 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 9. the other, its about companies’ leveraging the best worker for the best job and the companies succeeding with and through their women managers. In the final analysis, if corporations give women the space to complete their thoughts, sales will increase, customer satisfaction will increase and brands will become tied to the largest buyer group in the US – Women! Copyright December 2004 9 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM
  • 10. References 1. Henry Metzger, 1973. The Nature of Managerial Work (Harper & Roe New York); and Mintzberg, “Rounding Out the Managers Job,” (Sloan Management Review (Fall 1994), pp. 11-26). 2,3,5,6, 17 - Daft & Marcic, 2004, p. 12 & 13, p16) p. 20, p.71).Understanding Management (South-Western, Mason) 4. Mansbach R. 2000, p.4. The Global Puzzle, Issues and actors in world politics (Houghton Mifflin Company: Boston, MA) 7,8,9 – WOW Facts, 2002. Education and Women, chap. 9, Washingtonian 2002, US Department of Education, 10. US Department of Labor 2002 11. Cited in Peters, re-imagine, p271 12. Employers of America, 2001 13. Belgium Study 2004, Retrieved from http;//michelemiller.blogs.com, 3/4/2004 blog posting Woman Does Not Live by Hormones Alone, WonderBranding: Marketing to Women: Brain Studies 14. The Female Brain Part 2, 2/18/2004. Retrieved from http://www.michelemiller.blogs.com ,blog posting, WonderBranding: Marketing to Women: Brain Studies 15. Intuition Part II and Part III, 2004, Intuition Part II (4/13/2004) retrieved from http://www.michelemiller.blogs.com, blog posting, WonderBranding. Intuition Part III, (4/13/2004) Eye of the Beholder retrieved from http://www.michelemiller.blogs.com, blog posting, WonderBranding 16. Rosener, as cited in Peters, 2003, Re-imagine, p271, Dorly Kindersley Limited: London, England 18. J. Rosener’s, Woman Manager Skill Set Rosener J. (1997) American’s Competitive Secret-Women Managers , (Oxford University Press, Incorporated: New York, NY, 1997) 19. ComScore Media Metrix, 12/02. 20. Technology and Women, Chapter 42 Center for Women’s Business Research, WOW 2002) WOW Facts, (2002), Technology and Women, Center for Women’s Business Research, Chapter 42: pp 359-368. 21. Press Release, Day two of CES focuses on technology policy and marketing to women, CEA, Las Vegas, 1/10/2004). CEA Press Release, (1/10/2004) Day two of CES focuses on technology policy and marketing to women, Las Vegas, Jeff Joseph jjoseph@ce.org 22. WSL Strategic Retail, a New York City consultancy Jul 1, 2004, Soft Goods Propel Hard Drives By Betsy Spethmann Copyright December 2004 10 Woman Friendly = Global Friendly Terri A. Whitesel Interpret-HerTM