Beyond the Glass Ceiling: The Gender Risk Tax and the Glass Cliff

Today, Mary Beth and Neela delve into the intricacies of the gender risk tax and the glass cliff phenomenon. They unpack these widespread challenges, delving into their repercussions for women in the corporate world and propose practical approaches to surmounting them. From dissecting the subtleties of risk assessment to unveiling the eye-opening statistics surrounding the glass cliff, Mary Beth and Neela illuminate the truths and offer guidance on how women can effectively navigate and prosper within these contexts. Tune in for empowering insights and a call to build a supportive network to pave the way for a more equitable future. For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page. What You'll Learn in this Episode: The financial stereotypes of women and where these stereotypes come from Why it is critical to build a trusted team, seek mentorship and self-promote What the gender risk tax looks like and how it impacts women The importance of balanced communications, embracing failure and learning from your mistakes The glass cliff phenomenon explained What a Harvard Business Review study showed on why women are more likely to lead struggling companies How to recognize the glass cliff and why we must have boundaries Resources Mentioned on the Show: A Free Solo in Heels: Corporate Risk Taking Among Women Executives and Directors The Gendered Consequences of Risk-Taking at Work: Are Women Averse to Risk or to Poor Consequences? Why Struggling Companies Promote Women: the Glass Cliff, Explained How Women End Up on the "Glass Cliff" Who Thinks Women Might Make Better CEOs? Stay Connected: Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn Connect with Mary Beth on Twitter, Instagram, and on LinkedIn Connect with Neela on Twitter, Instagram, and on LinkedIn