Thursday, September 30, 2010

Thursday's Truth - NOW I get it!

Late last week I had an AHA! moment, as entrepreneur and 85 Broads colleague, Shauna Mei would say. An article entitled Women on Street A Declining Breed appeared in last week's WSJ.

It was brought to my attention by another 85 Broads colleague, Margaret Astolfi of Clear Harbor Asset Management.

According to the Bureau of Labor Statistics, over the past ten years, 141,000 women, or 2.6% of female workers in finance, left the industry. This despite a 4.1% growth in the number of women in the US labor force during the same time period.

In the article, several reasons are cited for this decline, including one by 85 Broads Founder, Janet Hanson, who offered that women are finding "their entrepreneurial groove" , " It's not because Wall Street is not a fascinating place to be, it's just that there are other places that are more fascinating".

I could not agree more. One only need look at the swelling ranks of women entrepreneurs in emerging markets like China where women make up 47% of the workforce, and 20% of all entrepreneurs. Click here for a recent study by Harvard and Rollins College faculty.

But I have another theory as to why female talent has left the financial industry.

It involves authenticity. Most women demand it. And Wall Street has traditionally not fostered a culture of truth.

Another thing women demand, and are willing to fight for, is equality. Despite recent progress, the gap between what women on Wall Street earn compared to their male counterparts is still unacceptably large. Forgetting pay, women account for only 16.8% of executive officers, and only 2.5% of financial company CEO's, according to a recent study by Catalyst, Inc.

The only thing that will reverse this alarming trend is a mutual investment by both men and women in changing the way society views their roles and responsibilities. Click here for a post on this subject by fellow 85 Broads colleague and Wonder Woman, Jacki Zehner.

The truth is, we need more women on Wall Street, not less. But then again, we need more women in all areas of influence and power. We need more Authenticity. Once this has been restored, the women will come.

I, and many others, are looking for ways to help bridge the gap between men and women. Women of Wealth are putting their money where their mouth is, and supporting other women.

And it's finally beginning to pay off!

Wednesday, September 29, 2010

Wednesday's Women of Courage - Maya Lin

Today's Woman of Courage exemplifies true determination. As both artist and architect, her work reflects a strong interest in the environment. She has served as an advisor on sustainable energy use, and as a Board Member of the National Resources Defense Council. In 2000 she published her first book, Boundaries. She describes it as a "visual and verbal sketchbook, where image can be seen as text and text is sometimes used as image."

Here is more background on her work courtesy of feminist.com:

Maya Lin was born in 1959. Her parents emigrated from China and taught at Ohio University. When she was a 21-year-old student at Yale, her design for the Vietnam Memorial was chosen from over twelve hundred proposals. The controversy that ensued was ugly and unwarranted. Yet, Maya Lin defended her work with extraordinary grace and courage. Her vision manifests itself in the Vietnam Memorial, one of America's most significant monuments, with the names of those who died in the war chiseled into a wall of black marble slicing through the earth. The Civil Rights Memorial she designed in Montgomery, Alabama, pays tribute to fallen Civil Rights workers. Like the Vietnam Memorial, the names of those honored are chiseled in stone, but this monument creates the appearance of a stone table with water flowing over the sculpture as if rising from the earth itself.

Both monuments not only witness the past, but honor the outcome in the present. Maya's vision is strongly influenced by the Earth Artists of the 1960's and 1970's. She credits her Asian-American heritage as the source of her ability to combine the influences of East and West as well as reason and intuition to manifest within her architectural designs. Her strong concern for the environment is demonstrated by her use of recycled, living, or natural materials in her work. Her vision is clearly one of expansive respect for past, present, and future generations.

Tuesday, September 28, 2010

Tuesday's Treasure - Dr. Shigeaki Hinohara

You may have noticed two themes running through my posts over the last few weeks.

One is Sustainability. The other, Anti-Aging. These two topics are not dissimilar.

Sustainability relates to our ability to keep our natural resources from running out due to waste, overuse, or just plain neglect.

Anti-aging relates to our ability to sustain our lives over a longer period of time without the usual decline in physical or mental health. Here again, waste (toxic cell growth), overuse (eating too much, or the wrong kind of food.) and neglect (lack of exercise, proper diet) come into play.

Arguably one of the world's best known (and longest practicing) physicians is Dr. Shigeaki Hinohara.

This article about him comes courtesy of the Japan Times:

At the age of 98, Shigeaki Hinohara is one of the world’s longest-serving physicians and educators. Hinohara’s magic touch is legendary: Since 1941 he has been healing patients at St. Luke’s International Hospital in Tokyo and teaching at St. Luke’s College of Nursing.

After World War II, he envisioned a world-class hospital and college springing from the ruins of Tokyo; thanks to his pioneering spirit and business savvy, the doctor turned these institutions into the nation’s top medical facility and nursing school. Today he serves as chairman of the board of trustees at both organizations.

Always willing to try new things, he has published around 150 books since his 75th birthday, including one Living Long, Living Good that has sold more than 1.2 million copies. As the founder of the New Elderly Movement, Hinohara encourages others to live a long and happy life, a quest in which no role model is better than the doctor himself.

Here now, in his own words, is advice on this doctor of long life on how to live a long life.

Energy comes from feeling good, not from eating well or sleeping a lot. We all remember how as children, when we were having fun, we often forgot to eat or sleep. I believe that we can keep that attitude as adults, too. It’s best not to tire the body with too many rules such as lunchtime and bedtime.

All people who live long – regardless of nationality, race or gender — share one thing in common: None are overweight. For breakfast I drink coffee, a glass of milk and some orange juice with a tablespoon of olive oil in it. Olive oil is great for the arteries and keeps my skin healthy. Lunch is milk and a few cookies, or nothing when I am too busy to eat. I never get hungry because I focus on my work. Dinner is veggies, a bit of fish and rice, and, twice a week, 100 grams of lean meat.

Always plan ahead. My schedule book is already full until 2014, with lectures and my usual hospital work. In 2016 I’ll have some fun, though: I plan to attend the Tokyo Olympics!

There is no need to ever retire, but if one must, it should be a lot later than 65. The current retirement age was set at 65 half a century ago, when the average life-expectancy in Japan was 68 years and only 125 Japanese were over 100 years old. Today, Japanese women live to be around 86 and men 80, and we have 36,000 centenarians in our country. In 20 years we will have about 50,000 people over the age of 100.

Share what you know. I give 150 lectures a year, some for 100 elementary-school children, others for 4,500 business people. I usually speak for 60 to 90 minutes, standing, to stay strong.

When a doctor recommends you take a test or have some surgery, ask whether the doctor would suggest that his or her spouse or children go through such a procedure. Contrary to popular belief, doctors can’t cure everyone. So why cause unnecessary pain with surgery? I think music and animal therapy can help more than most doctors imagine.

To stay healthy, always take the stairs and carry your own stuff. I take two stairs at a time, to get my muscles moving.

My inspiration is Robert Browning’s poem “Abt Vogler.” My father used to read it to me. It encourages us to make big art, not small scribbles. It says to try to draw a circle so huge that there is no way we can finish it while we are alive. All we see is an arch; the rest is beyond our vision but it is there in the distance.

Pain is mysterious, and having fun is the best way to forget it. If a child has a toothache, and you start playing a game together, he or she immediately forgets the pain. Hospitals must cater to the basic need of patients: We all want to have fun. At St. Luke’s we have music and animal therapies, and art classes.

Don’t be crazy about amassing material things. Remember: You don’t know when your number is up, and you can’t take it with you to the next place.

Hospitals must be designed and prepared for major disasters, and they must accept every patient who appears at their doors. We designed St. Luke’s so we can operate anywhere: in the basement, in the corridors, in the chapel. Most people thought I was crazy to prepare for a catastrophe, but on March 20, 1995, I was unfortunately proven right when members of the Aum Shinrikyu religious cult launched a terrorist attack in the Tokyo subway. We accepted 740 victims and in two hours figured out that it was sarin gas that had hit them. Sadly we lost one person, but we saved 739 lives.

Science alone can’t cure or help people. Science lumps us all together, but illness is individual. Each person is unique, and diseases are connected to their hearts. To know the illness and help people, we need liberal and visual arts, not just medical ones.

Life is filled with incidents. On March 31, 1970, when I was 59 years old, I boarded the Yodogo, a flight from Tokyo to Fukuoka. It was a beautiful sunny morning, and as Mount Fuji came into sight, the plane was hijacked by the Japanese Communist League-Red Army Faction. I spent the next four days handcuffed to my seat in 40-degree heat. As a doctor, I looked at it all as an experiment and was amazed at how the body slowed down in a crisis.

Find a role model and aim to achieve even more than they could ever do. My father went to the United States in 1900 to study at Duke University in North Carolina. He was a pioneer and one of my heroes. Later I found a few more life guides, and when I am stuck, I ask myself how they would deal with the problem.

It’s wonderful to live long. Until one is 60 years old, it is easy to work for one’s family and to achieve one’s goals. But in our later years, we should strive to contribute to society. Since the age of 65, I have worked as a volunteer. I still put in 18 hours seven days a week and love every minute of it.

Treasure your body. Treasure your Planet. You will feel better, and live longer by doing both!

Monday, September 27, 2010

Monday's Motivational Makeover - Creating a Virtual You!

In last week's Monday's Motivational Makeover post, I touched upon how women are becoming "ageless" through the use of proper nutrition, exercise, and yes, an occasional "lift" courtesy of some talented Plastic Surgeons such as my friend and fellow 85 Broads member, Dr. Shirley Madhere.

I created this blog as an outreach to women who, for a variety of reasons, may not feel like their current circumstances allow them to go to events, or become involved in some of the initiatives I highlight from time-to-time.

Very often this is due to a low self-esteem, or a feeling that "what I do really doesn't matter".

In short, they need to begin writing a "social biography", but lack the confidence, or do not know where or how to begin.

For those of you currently "stuck" in this situation, the key to getting motivated and involved may lie in creating a "virtual persona" first, then work on getting face-to-face in groups as you gain confidence.

The fact that you are viewing this blog is an encouraging sign. It tells me that you are interested in what other women have to say about some of the issues you face, and research shows you are not alone in using blogs and other social media as a vehicle for doing so.

Here are some interesting facts regarding women and blog usage from a study published by Blogher and Compass Partners. Although these survey results are a bit dated, it shows a trend which is only going to increase if history is any indication.

36.2 million women actively participate in the blogsophere every week (15.1 publishing, 21.1 reading and commenting)

* Women are so passionate about blogging that large percentages of women said they would give something up to keep the blogs they read and/or write:

- 55% would give up alcohol

- 50% would give up their PDAs

- 42% would give up their i-Pod

- 43% would give up reading the newspaper or magazines

BUT, some things are sacred … only 20% would give up chocolate!

* More than half of women maintain the original blog they started

* Our time shift from traditional media is accelerating. In the general Internet population:

- 24 percent of women surveyed say we watch less television because we're blogging

- 25 percent of us say we read fewer magazines because we're blogging

- 22 percent of us say we read fewer newspapers because we're blogging

* "It's about me": Our own lives are our favorite topic -- but don't assume you know all the different topics our lives represent by lifestage.

* More than half of women surveyed consider blogs a reliable source of advice and information

* Half of women surveyed say blogs influence their purchase decisions

* Despite hype, few women report discontinuing blogging due to problems with trolls or being “outed"

For a copy of the original report please click here.

I encourage each of you to widen your knowledge base by seeking out blogs such as WWRG that are reliable sources of information, and focused on what's important to you. If you enjoy sharing your expertise or opinion, you may even consider starting your own blog.

Either way, you will be taking the first step in making over a "virtual you", and a social biography.

The World will be your stage!

Sunday, September 26, 2010

Lifestyle Lifter -Jennifer McCann, Lifestyle Photographer

Last Sunday evening I participated in the UN Millennium Development Goals (MDG) awards ceremony at the Waldorf-Astoria In NYC.

As I walked down the Red Carpet, I was greeted by the usual barrage of "flash units" from the global press and media outlets that were on hand to cover this annual event which preceded the UN MDG Summit began on Monday of last week.

I paused to allow a picture against the backdrop.

I asked one of the photographers how I might obtain a copy of any photos she had taken. She politely offered that I should contact East of Ellie, the event planner for the evening. I made a mental note of this and proceeded into the reception area to meet up with my other invited guests.

Later that evening, this same photographer approached our group and asked for a photo. How she found me in a room filled with hundreds of people is nothing short of a miracle.

I asked her again how we could obtain a copy of the group photo, and this time she offered her business card and said she would gladly broker the transfer.

Once again, fate deals me an opportunity to introduce to you an extraordinary artist, and a new friend.

Her name is Jenn McCann. Based out of Fairfield County, she is a married, and mother of two beautiful little girls.

Jenn is a "Self-Taught Photographer" and sole proprietor of "Jennifer McCann Photography"

I asked her to give me a little background on her passion:

"I have enjoyed and dabbled in photography for years, but started professionally part time 3 years ago, just went full time this past year, and even in the slow economy, I'm finding my business growing quickly.

I'm a "lifestyle" photographer, I work with natural light, on location- I mainly do family and children's portraits, and weddings- but other areas have included misc. events, product, and even fitness.

I was published in the June 2010 issue of "Shape" Magazine.

I am also contracted by "Family and Children's Aid" in Danbury, CT (A non-profit agency) as the agency photographer to photograph events and clients throughout the year.

I was featured as business of the month at Newtown Savings Bank in July 2010 - in my home town of Bethel.

My style is natural and candid, catching special moments between loved ones. My main goal is to please my clients and try to provide a comfortable, relaxed, and fun atmosphere to ensure great pictures!"

I encourage all of you to visit her website to get a better look at her work. I know many of you are located outside the NY Metro Area, but for the right event, and the right arrangement, I'm sure Jenn will make herself available!

Friday, September 24, 2010

TGIF - Plan a Fall Outing!

Fall officially arrived yesterday, although the temperatures here in the Northeast of the US are still summerlike!

Soon, however, the temps will be dropping (unless you are lucky enough to live in a warm climate), leaves will be turning, and we will be looking for "indoor" activities to keep us in the right frame of mind.

I have invited many of my friends and clients to join me on a private tour of the Museum of Modern Art (MoMA) collection here in NYC. While this is but one of many great museums located here in Manhattan, it certainly has a unique following. The Modern restaurant is adjacent, and is where we dine after the tour. It is one of NYC's only restaurants to carry the Michelin Guide's One Star rating.

As many of you know, I have a genuine love for Asia and Asian Art, having spent a very impressionable portion of my childhood there.

I was delighted to discover through my contact at Papyrus, a high-end stationery and gift boutique ( Their wrapping paper, cards and gift wrap services are exquisite!) the artwork of Haku Maki (given name Maejima Tadaaki).

Examples of his work are on display at MoMa, Art Institute of Chicago, the British Museum, London, The Museum of Fine Arts, London, and the Aschenbach Foundation for Graphic Arts, San Francisco, among others.

Born in 1924, Maki's art began attracting attention at international print shows and in 1959 his work was selected along with nine other leading print artists to make up James A. Michener's landmark book The Modern Japanese Print. From that time until the present he has ranked among Japan's most respected print artists.

His work (including the limited edition "Rose" pictured above) is also available for viewing and purchase exclusively at the Papyrus boutique in Greenwich CT. If you are interested in stopping by, please send a note in advance to Dani Latorre, Flagship Manager at store02285@srgretail.com, and she will be delighted to give you a personal tour through their gallery.

If you do decide to make Greenwich your destination for a Fall Weekend Away, I recommend you stay at the beautiful Delamar, an exclusive and very private boutique hotel located on the harbor. Their restaurant, L'Escale is one of the finest around.

Tuesday, September 21, 2010

Tuesday's Treasure - If clothes make YOUR man, then Michael Reslan makes his clothes!

In yesterday's Monday Motivational Makeover post, I talked about how anti-aging is the new fashion statement, especially for men looking to regain their competitive edge vis-a-vis their younger colleagues. I also mentioned that the event drew a crowd of A-listers from around the globe, and a variety of fashionistas each making their statement and drawing from their local cultures and talented designers.

Among the fashion world's movers and shakers seated at our table was Michael Reslan. Reslan recently opened a 15th floor showroom at 689 Fifth Avenue with amazing artwork, hand-crafted Italian furnishings and spectacular views of Manhattan.

Within this elegant space he offers his "Who's Who" list of clients a private, discreet, yet sophisticated environment which he has learned from over 27 years experience in the High-End Clothing industry is what sets his offering apart from the rest .

As he so aptly puts it " space + privacy = luxury"

I encourage you to share some time with your BMF and go enjoy some wine and cheese in his Tuscan-inspired outdoor garden.

If you are both too busy, Reslan will bring his line to your home or office. He reiterates, “This is not a store, it’s a private shopping experience.”

And one well worth it, I might add!