About the Author
Sallie Krawcheck is the Co-founder and CEO of Ellevest, an innovative digital investment platform designed to help women reach their financial goals. She is also Chair of Ellevate Network, a professional networking community whose mission is to advance women in business. She is one of the highest ranked women ever to have worked on Wall Street, having held posts such as CEO of Smith Barney, CEO of Merrill Lynch Wealth Management, and CFO of Citigroup. She is one of the most-read “Influencers” on LinkedIn, and has been profiled as one of Fast Company’s “Most Creative People” in business, as well as in The Wall Street Journal, Fortune, Forbes, and more. Krawcheck attended the University of North Carolina at Chapel Hill and holds an MBA from Columbia University.
About Own It
A Wall Street Journal and Washington Post Bestseller, Own It is a new kind of career playbook for a new era of feminism, offering women a new set of rules for professional success: one that plays to their strengths and builds on the power they already have.
Weren’t women supposed to have “arrived”? Perhaps with the nation’s first female President, equal pay on the horizon, true diversity in the workplace to come thereafter? Or, at least the end of “fat-shaming” and “locker room talk”?
Well, we aren’t quite there yet. But does that mean that progress for women in business has come to a screeching halt? It’s true that the old rules didn’t get us as far as we hoped. But we can go the distance, and we can close the gaps that still exist. We just need a new way.
In fact, there are many reasons to be optimistic about the future, says former Wall Street powerhouse-turned-entrepreneur Sallie Krawcheck. That’s because the business world is changing fast –driven largely by technology – and it’s changing in ways that give us more power and opportunities than ever…and even more than we yet realize.
Success for professional women will no longer be about trying to compete at the men’s version of the game, she says. And it will no longer be about contorting ourselves to men’s expectations of how powerful people behave. Instead, it’s about embracing and investing in our innate strengths as women – and bringing them proudly and unapologetically, to work.
When we do, she says, we gain the power to advance in our careers in more natural ways. We gain the power to initiate courageous conversations in the workplace. We gain the power to forge non-traditional career paths; to leave companies that don’t respect our worth, and instead, go start our own. And we gain the power to invest our economic muscle in making our lives, and the world, better.
Here Krawcheck draws on her experiences at the highest levels of business, both as one of the few women at the top rungs of the biggest boy’s club in the world, and as an entrepreneur, to show women how to seize this seismic shift in power to take their careers to the next level.
This change is real, and it’s coming fast. It’s time to own it.
Ask for the raise. Negotiate like a man, but not too much like a man. Be helpful in the office, but don’t become the work wife. But do find a work husband. Use silence as a tool. Speak up, But don’t up-speak. Lower your voice to be really heard. Be forceful, but not too forceful, or you won’t be likeable. Dress like your boss.
The advice out there for women in the work place is dizzying, and I haven’t even gotten to the whole work-life balance debate: We can have it all! Oh, no wait, we can’t? Well maybe we can, but only if don’t expect to have everything all at once…..or if we marry just the right person or if we had our kids early or later……but not too late.
This is the opening to Chapter One: How the World of Work is Changing-and Why That’s Good News for Women. Krawcheck continues to discuss that embracing the fact that she is a woman has enabled her to embrace and invest in the powerful and unique strengths that continue to make women valuable employees, terrific team players, and effective leaders.
What’s more, we women still earn just 78 cents on men’s dollar-52-64 cents if we are women of color. So the road to success as a woman in a man’s world is not easy by any stretch of the imagination, and bouncing back from adversity as a woman in this ever-changing economy is ripe for change.
She believes that four key catalysts are driving the change: (1) The Increasing recognition of What We Women Bring to the Party. (2) The Business World is Rapidly Changing…And So Are the Drivers of Success-in-a-Way That Makes the Ski;;s We Women Bring in the Workplace More Valuable than Ever. (3) Technology Is Also Increasing Our Career Options…and Thus Increasing Our Power. (4) We Have Economic Power-More Than We Know.
Today we have the tools and the leverage to create the progress we want in our careers, our workplaces, and society at large. The goal of the book is to show that being a in the business world is something to embrace and celebrate, not something to overcome and hide. I received this book from Blogging for Books for this review.