Define and explain the meaning of the term glass

Reference no: EM132871969

Question

Lisa Weber never doubted that she would be a partner in her Wall Street firm. A graduate of a prestigious business school with a doctorate in Economics, she had taught briefly at a major university. She was the first woman hired as a market analyst in her well-regarded firm. Within 2 years she has become one of four senior portfolio managers reporting directly to a senior partner. Her clients give her the highest commendations for her outstanding performance; over the past 2 years she has brought in the largest number of new accounts in the firm.

Despite the admiration of her peers who often visit her office to discuss in private her opinions on market performance and financial projections, Lisa is dismayed that no one including the partners feel it necessary to bring her up to speed on "trouble spots" or mention that she knows as much as they what is going on in the firm. Despite this Lisa does not protest these issues or mention the daily private meetings where her advice is sought. As the only woman executive, she prefers to be considered a team player and one of the boys.

After one of her comparatively less experienced male peers whose performance she surpassed was promoted to partner and having heard no word on her path to partnership she asked her boss about the possibility. He replied "you're doing great but what happens if you make a huge mistake? How would you take it? And what about our clients? There's never been a female partner in the 103 years of our firm" Soon after a female market analyst Pamela Tobias was hired and the CEO Michael Breyer once called out to the men and said "hey guys, two women in one room, that's scary" on seeing Lisa and Pamela together in one room.

In the next 6 months Lisa meets several times with the CEO to make her case for partnership based on her successful performance however she realizes that there is no possibility of change in the foreseeable future and decides to leave and form her own investment firm.

Question 1. Define and explain the meaning of the term 'Glass ceiling'

Question 2. With use of examples, briefly illustrate what barriers to advancement Lisa encountered in the case.

Question 3. Using your knowledge of the Great man theory of Leadership comment on whether you believe its perspective would have supported the m company bias against women

Question 4. Identify and Explain any FOUR (4) types of organizational actions or policies the organization could have implemented that might have either prevented or minimized the negativity towards Lisa and Pamela

Question 5. Do you believe it would have been beneficial to the organization in any way to have Lisa promoted to the position of Partner? If so, using your knowledge of women in organizations, clearly identify and explain FOUR (4) benefits to support your answer.

Question 6. Identify any 2 countries with positive female representation at managerial levels. Comment on why you believe this pattern exists in those countries

Reference no: EM132871969

Questions Cloud

Is depreciation the value of fixed assets : 1. Is the net income of year money the company made that particular year or is it a number whose significance is quite doubtful?

Determine the Lucia cash flows from operating activities : Assuming that all relevant information has been presented, determine the Lucia's cash flows from operating activities

Relationship between motivation and work performance : What is the relationship between motivation and work performance? answer with reference please

Explain effective methods of retention : Share here the most effective methods of retention that you have experienced or heard about. What do you think made it so effective?

Define and explain the meaning of the term glass : Define and explain the meaning of the term Glass ceiling and Identify any 2 countries with positive female representation at managerial levels

Determine the target cost per unit for the filter : Clear Water requires a minimum rate of return of 15% on all investments. Determine the target cost per unit for the filter

Competencies required of human resources managers : Chris's description of himself coincides with which competencies required of human resources managers?

What is the average collection period : A firm has sales of $2.1 million, and 10 percent of the sales are for cash. The year-end accounts receivable balance is $205,000. What is the average collection

Evaluating effectiveness of orientation program : Design an approach to evaluating the effectiveness of such an orientation program. Develop a 'cheap''expensive' and an way of evaluating.

User Account

All Pages