Woman CEO knows when to walk away.

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Woman CEO knows when to walk away.

Anne Mulcahy went from being "I just want to be a CEO" to understanding that she had to be an advocate for women. She said, "There's a responsibility that comes with the position. If you don't speak about the need to focus on the progress of women, who will? Maybe we've reached a degree of parity at the entry level, but we clearly don't have that in the executive ranks—or in government, for that matter."

To retire at the age of 57 is a gift.

"I became head of Xerox at 47...but the more relevant gauge is time in the job. I was there 10 years. That's long enough. To have stuck around until I was 65 would be a disservice to Xerox, a disservice to my successor [Ursula Burns]. It's inappropriate to suggest a single individual is the driving force of a company. You need a good dose of ambition, but it has to be tempered by humility. If you wait for the perfect set of circumstances to leave, you will stay too long."

Hobbies?

"I have none. I used to make them up when people would put together those lists, just so I could sound more interesting. My life has been invested in this job. It's bittersweet, but I feel really fortunate."

What's Next?

"I don't know yet what the word retirement means. I've always said I wouldn't be head of another public company, and I'll stick to that. I'm a one-trick pony. I've got other things I want to do. I'm chair of the board of Save the Children. I'm not looking to make any more money."

Source: Bloomberg BUSINESSWEEK, April 26, 2010

Here are links to more information regarding executive women challenges:

WomanLeadership.com - A social network of women leaders mentoring womenS

SoBabyBoomer.com - Life Tips for Boomer Women

WomenExecutives.info - Personal Executive Coaching Experience

CEOleadershipcoaching.com - Leadership Onboarding Coaching & What makes a good executive coach.

CoachedtoSuccess.com - Why does a CEO need a coach?

Leadership401.com - Typical personal and corporate coaching plans and costs

GlassCeilingTips.com - Articles about breaking through the glass ceiling

The-Leadership-Blog.com - A series of leadership tip postings for women executives

May 03, 2010 in Blogs, Chief Executive Officer (CEO), Current Affairs, Leadership, Women | Permalink