Carol Hymowitz, BloombergBusiness, May 7, 2015
When Frontier Communications then-Chief Executive Officer Maggie Wilderotter sought to make a big acquisition last year, she reached out to some of the best dealmakers she knew. That was to be expected—her intended prey would double the size of the telecommunications company. The bigger surprise was that all her major players in the deal wear skirts.
Like Wilderotter, many women who’ve reached top management are doing deals together or recruiting and recommending one another for jobs, consulting work, and boardroom seats. Davia Temin, a former GE Capital top executive who runs the crisis management consultant firm Temin and Company has met clients through the Women’s Forum of New York, which has an invitation-only membership of more than 450 executives and professionals, and belongs to advocacy groups including the Women’s Forum and WomenCorporateDirectors.
“Groups that used to be a refuge” where women could commiserate about their isolation in male-dominated workplaces “have become a destination,” she says. […read more]