Totes Profesh Totes Profesh

Citi, the 3rd largest bank in the U.S., announced that Jane Fraser will be the new CEO, making her the first female CEO of a major bank in U.S. history. What an achievement! Is there more to the story? Is this another "glass cliff"?

Show sources:
Emily Flitter and Anupreeta Das, NY Times, Citigroup’s Fraser to Be First Woman to Lead a Big Wall Street Bank (Sept. 10, 2020) David Benoit and Christina Rexrode, WSJ, Citigroup’s Jane Fraser to Succeed Michael Corbat as CEO (Sept. 10, 2020)Hugh Son, CNBC, Citi CEO Michael Corbat to retire next year, Jane Fraser to become first woman CEO of a US megabank (Sept. 10, 2020)Susanne Bruckmüller and Nyla R. Branscombe, HBR, Women End Up on the “Glass Cliff” (Jan. - Feb. 2011)Emily Stewart, Vox, Why struggling companies promote women: the glass cliff, explained (Oct. 31, 2018)Ernst & Young, Which is the bigger issue for women leaders: the glass ceiling or the glass cliff? (Mar. 13, 2019)

When Big Tech extended additional PTO only to parents during COVID, it brought into laser focus a tension that has existed for years between parents and non-parents on the job. Is everyone pulling their weight? Or does it feel like more is expected of some depending on their reproductive status? Totes shared a NY Times article on the recent Silicon Valley maelstrom with her professional millennial girlfriends and the verdicts are in! Tune is as Totes breaks it down.

Source:
Daisuke Wakabayashi and Sheera Frenkel, NY Times, "Parents Got More Time Off. Then the Backlash Started." (Sept. 2020)

Hey everyone! Welcome to Totes Profesh, an unfiltered breakdown of the biggest issues facing professional millennial women. Think the Office meets Malcolm Gladwell if he were a woman born after 1980. If you are you an a-type, overachieving professional woman under 40 with an advanced degree, student loans, and never had a vision board or healing crystals, then this podcast is for you. 

Tired of being told your career is stalling out because you need to lean in, raise your hand, change your personality and hire a career coach? Ever wondered where that thing about women only apply for jobs when they meet 100% of the qualification requirements whereas men will apply with just 60%? Totes breaks down the source of the Broken Female Myth that permeates modern Corporate America's thinking about women's advancement in the workplace and why you should ignore it.

Show sources:
McKinsey - A Business Case for Women (Sept. 2008)Curt Rice's - How McKinsey's Story Became Sheryl Sandberg's Statistic - and Why It Didn't Deserve To (April 2014)Katy Kay & Claire Shipman - Confidence Gap (May 2014)Tara S. Mohr - Why Women Don't Apply for Jobs Unless They're 100% Qualified (Aug. 2014)Stéphanie Thomson - A Lack of Confidence Isn't What's Holding Back Working Women (Sept. 2018)Kelsey Yandura - Should You Apply for a Job You're Not Qualified For? (April 2019)