How Woman Can Close the Pay Raise Negotiation Gap, and More – Chicago News
Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.
Are You Willing to Stretch the Truth While Negotiating? – Kellogg Insight
Research trends have found that men are more willing to lower personal ethical standards during negotiations than women when it comes to pay raise negotiation.
However, a new study from Northwestern University Kellogg School of Management‘s Maryam Kouchaki, Assistant Professor of Management and Organizations, finds that there’s a situation that throws a wrench in the works: “when women negotiate on behalf of others.”
Kouchaki and her UC Berkeley co-author Laura Kray write:
“A woman who is negotiating on behalf of someone else will lie at roughly the same rate as her male counterpart. But, if she is negotiating on her own behalf, she is much less likely to deceive. Women in advocacy roles [get] as much done as men.”
You can read more about Kouchaki’s pay raise negotiation research here.
Will EU Migrants Pay Their Fair Share of Taxes? – Chicago Booth News
The Chicago Booth Initiative on Global Markets surveyed its European Economic Experts Panel, which is comprised of “50 economists and top researchers,” about whether recent European migrants are likely to “contribute more in taxes paid than they receive in benefits and public services.”
LSE’s Daniel Sturm writes, “Being younger and typically better educated, their [the migrants’] fiscal contribution tends to be positive as suggested by recent research for the U.K.”
Goethe University Frankfurt’s Jan Pieter Krahnen agrees:
“As [the] employment rate among migrants goes up over time, and much of taxation is indirect anyway, chances are that the statement comes true.”
Director of the European IGM Panel Christian Leuz is less optimistic. “[It is] too early to tell. Labor market outcomes are often worse for [a] long time. Demographics are [a] plus. Much depends on fast integration into [the] labor market.”
You can read more from the panel’s discussion here.
Faculty and Students Team Up with Northern Illinois Food Bank – Quinlan School of Business News
Loyola University Quinlan School of Business’ Urban Social Benefit Incubator teamed up with the Northern Illinois Food Bank to develop a “new system for serving its families” to replace the precarious first-come, first-served process it currently employs.
Quinlan is proposing “an online ordering system that allows for pick-up at strategic locations in the community, such as a grocery store.”
Harry Haney, Associate Director of Quinlan’s Supply and Value Chain Center, who is helping spearhead the initiative, writes:
“It’s important to us to serve nonprofits and social enterprises to help make a difference in the community. Plus, our students are learning the real-world side of business and gaining additional educational exposure.”
You can read more about Loyola’s food bank initiative here.
YouTube CEO and UCLA Anderson Alum Susan Wojcicki Responds to Google Memo
Earlier this month, Google found itself in the midst of controversy after an internal memo from now-former employee James Damore was released to the staff. His out-of-nowhere diatribe claimed, more or less, that women are less biologically capable of being software engineers than their male counterparts. The document, titled “Google’s Ideological Echo Chamber,” was later released to the public, instantly causing scrutiny. Continue reading…
Forté Foundation Launches New Men as Allies Initiative
Reaching gender equity on business school campuses is far from just a women’s issue, which is precisely why the Forté Foundation is calling on men to get involved. Drawing on successful programs already underway on campuses spanning from Harvard Business School (HBS) to Stanford Graduate School of Business, Forté today announced its new Men as Allies Initiative. It is designed to invite and encourage male students to get involved in a growing movement toward gender equity in business school classrooms and the broader business world.
The idea for the new initiative grew out of a session with sponsors at Forté’s annual conference focused on HBS’s Manbassadors ally group, according to Forté Executive Director Elissa Sangster. Forté is a non-profit consortium of leading corporations and top business schools committed to helping women lead fulfilling careers in business. “We started talking with our sponsors about how Forté could support similar initiatives at our member schools’ campuses,” she says. “We began to brainstorm about what we could provide so it didn’t end up that every time someone wanted to do this they had to call the Manbassadors and ask them the same questions over again.”
Forté recognized at least ten top business school campuses that already have male ally programs in place. HBS, Kellogg’s Northwestern School of Management and Duke’s Fuqua School of Business led the charge, forming their groups in 2013. The following year, UCLA Anderson, Michigan’s Ross School of Business, the University of Pennsylvania’s Wharton School and Stanford GSB got with the program. In 2015, Columbia Business School and NYU Stern joined in, and London Business School (LBS) created its own club earlier this year. Calling themselves everything from Manbassadors (Anderson, HBS, LBS, CBS) to WiMEN (Stanford) to the 22’s (Wharton, a reference to the 22 percent gain necessary to close the gender pay gap), the groups work in partnership with women’s business organizations on campus to adopt behaviors that support gender equity in classroom discussion and beyond.
Conducting focus groups with existing groups, Forté began to collect information on what has been successful, what pitfalls and challenges can be avoided and what types of events and activities best serve to open up dialogue. “We also conducted external environmental research, identifying inspirational role models and people leading the charge in the business world,” Sangster says.
The new Forté Men as Allies Initiative is designed to provide potential male allies at schools that don’t already have existing groups with the tools they need to establish their own Manbassador-type groups. As part of the new initiative, Forté has launched a new “Men as Allies” website featuring a toolkit geared toward male students that includes reasons to start a group, steps to follow to do so and information on activities and events that have been successful on other campuses. “Our hope is that as men graduate from MBA programs, they are able to take some of these skills they have been developing and look for ways to engage in the workforce and make that impact even more widespread,” Sangster says.
A Tipping Point
There has been a growing movement in recent years to enhance gender equity in business and society, evidenced by the United Nations’ HeForShe initiative, Catalyst’s Men Advocating Real Change (MARC), and the White House’s Let Girls Learn program. In summer 2015, the 47 business school leaders convened at the White House specifically to address the gender imbalance among MBA classes. In addition to male ally groups, many business schools also feature school-wide initiatives designed to tackle gender equity at the cultural, academic and admissions levels, such as the Gender Equity Initiative (GEI) at UC Berkeley’s Haas School and the HBS Gender Initiative.
“We may have reached a tipping point as more women are pursuing an MBA and more men are interested in supporting gender equity,” Sangster continued. “While we are making great progress, and getting closer to 40 percent women’s enrollment at our member business schools, initiatives like this one that foster inclusiveness, will help us get to gender parity faster.”
Carnegie Mellon University’s Tepper School of Business, Cornell’s Johnson Graduate School of Management and Georgetown’s McDonough School of Business provided generous financial support of Forté’s new initiative, and diversity experts Anne Weisberg and Lisa Levey, among others, contributed to its development.
Sangster points out that there are multiple benefits for men who get involved in gender equity initiatives. “It gives them insight and information and resources to use in developing their own leadership styles and creating their own perspective on what’s important not only to advance women in the workforce but also just to be a well-rounded advocate and manager of talent in their organizations,” she says. “It’s really about fine-tuning their leadership perspective and leadership skills. Business school is a safe place to stretch your muscle in this area and think hard about the kind of leader you want to be and how to become that leader.”
