iconannual 2016 - The European Business and Invetsment Magazine
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International Br<strong>and</strong>ing<br />
Foto: Katharina Schiffl<br />
"A woman's career<br />
is divided into three<br />
stages: Meritocracy,<br />
the Messy Middle<br />
<strong>and</strong> Leadership"<br />
Barbara J. Krumsiek<br />
Member of Board of Directors<br />
at Pepco Holdings, Inc.<br />
"Turn diversity into a competitive<br />
advantage. Having teams consisting of both<br />
men <strong>and</strong> women, especially in the field of<br />
science is very important.<br />
Male <strong>and</strong> female scientists<br />
from all over the world<br />
with different educational<br />
backgrounds are a key to<br />
success."<br />
Foto: krischanz.zeiller./AIT<br />
Brigitte Bach<br />
Head of Energy Department AIT<br />
"In order to stay internationally competitive,<br />
Austria needs women on leading positions,<br />
regardless whether they are<br />
active in Corporate Boards,<br />
NGOs, or as entrepreneurs<br />
in science <strong>and</strong> technology.<br />
<strong>The</strong>refore, having more<br />
women on the top is an<br />
economic <strong>and</strong> social matter."<br />
Renate Altenhofer<br />
Initiator Women Leadership Forum<br />
It was a special day at the Novomatic Forum in<br />
Vienna <strong>and</strong> September 16 th of 2015 should belong in<br />
the memories of all of the attendees. <strong>The</strong> <strong>European</strong><br />
Br<strong>and</strong> Institute has invited more than 160 exclusive<br />
guests to its third Women Leadership Forum, which<br />
this year followed the slogan "Women make Future".<br />
It was the Ambassador of the United States of<br />
America to Austria, H.E. Alexa Wesner, who opened<br />
the event by emphasizing the challenges that women<br />
face on their way to attain leadership positions. And<br />
indeed, though it is widely believed that men have always<br />
a better shot at leadership positions in business<br />
<strong>and</strong> politics, there is little consensus, however, on why<br />
women still remain underrepresented in these fields.<br />
Some of the major reasons that there aren't more women<br />
in top leadership roles in business <strong>and</strong> politics are<br />
higher st<strong>and</strong>ards for women <strong>and</strong> lack of readiness by<br />
companies to hire women for top positions <strong>and</strong> by voters<br />
to elect women to higher office. But there are also<br />
other reasons, such as: family responsibilities, inexperience,<br />
or women not being tough enough, that are<br />
cited less frequently as significant barriers to female<br />
leadership.<br />
In her keynote speech, US-Leadership expert Barbara<br />
J. Krumsiek, an experienced executive in investment<br />
management, a leader in the field of sustainable<br />
investing, <strong>and</strong> a dedicated advocate for global women's<br />
empowerment, who joined the Georgetown University<br />
Women's Leadership Institute as a senior industry<br />
fellow, asked the question "Why aren't we there yet?"<br />
Krumsiek described first some of the key words of her<br />
speech: "We" are working women, particularly those in<br />
corporations; "there" refers to full equality, opportunity,<br />
access to capital <strong>and</strong> seats at the board table <strong>and</strong> in the<br />
C-suite; <strong>and</strong> "yet" is now. Krumsiek contended that most<br />
C-corps are really he-corps, since the lion's share of positions<br />
in upper management — including board of director<br />
seats — are held by men. Although well-educated<br />
<strong>and</strong> often well-prepared for leadership, women are not<br />
yet at parity with their male counterparts. In the 100 >><br />
"Gender diversity is<br />
not a social matter<br />
but a competitive<br />
advantage."<br />
Anett Hanck<br />
Head of Sales HEUTE<br />
& Board Member WLF<br />
Foto: Privat Foto: Katharina Schiffl<br />
<strong>The</strong> <strong>European</strong> <strong>Business</strong> <strong>and</strong> Investment <strong>Magazine</strong> <strong>iconannual</strong> 117