April 2023 Newsletter
April 25, 2023
Women Leaders Are More Strategic Risk Takers
Article in Chief.com featuring Quorum CEO Meg Sullivan
Quorum founder and CEO Meg Sullivan was recently featured in a Chief.com article about leadership and risk-taking, “Study Finds Women Leaders Are More Strategic Risk-Takers Than Men, But Endure a ‘Risk Tax.”
Here’s an excerpt:
“I noticed early in my career that if I spent too much time asking for permission for things, I never got it. So I decided to take away ‘the ask’ and plead mea culpa later if I needed to,” explained Sullivan, now Founder and CEO at The Quorum Initiative. “Ninety-nine percent of the time I never needed to because the risks that I was taking were smart risks.” For women at the highest levels of leadership, this kind of risk-taking has proved essential. In fact, a recent study by the Journal of Business Research found that corporations led by women CEOs and those with higher numbers of women executives and directors undertake more financial risk than those led by men. Researchers, who analyzed all S&P 500 executives and directors from 2009 to 2019, speculate that women executives may face a “risk tax,” which requires that women take more risks than men to achieve top positions. Women aiming for top roles must fight existing gender stereotypes that might label them as risk-averse, so they often take the calculated risks necessary to be high achievers.
Read more here.
Quorum Live on LinkedIn
We continue our Quorum Live – an ongoing series of conversations with Quorum members and friends on hot topics.
The Floor is Ours: Boosting News Coverage of Women
On March 21st, Arielle Lapiano, a Chief Communications Officer, shared that less than 20% of subject matter experts featured in the media are female. Arielle shares important perspectives on how women can make their voices heard and rally internal support to be seen and heard as subject matter experts.
Watch the replay here.
What The Corporate Board of The Future Will Look Like
On the April 4th edition of Quorum Live, Ellen M. Hunt, Spark Compliance Consulting, and a Quorum Initiative advisory board member, spoke about the role of ESG and compliance in increasing female representation on corporate boards. The first step is in casting a wider net and changing what the board recruitment process looks like.
Watch the replay here.
Uncomplicating Self Care: What Women Can Do To Thrive
Dr. Elissa Brown, Professor, Psychology, St. John’s University and founder/director of the Child/Help Partnership who serves on the Quorum Advisory Board, appeared on the April 12th edition for a conversation about uncomplicating self care – what it means, why we need more of it and how to get there.
Watch the replay here.
Leading With Authenticity and Service
On March 14th, Patricia Roberts, JD, Chief Operating Officer, Gift of College spoke with Julie Livingston on “Leading with Authenticity and Service”, including some great takeaways on leadership, credibility, motivating others, and ways that women can leverage their unique emotional intelligence.
Watch the replay here.
Please note: in our last newsletter, the title of this session was listed incorrectly. Our apologies!
Subscribe to our YouTube channel to watch future episodes and reach out to Diane Silverman to be a guest on Quorum Live.
Congratulations to Quorum members!
- Lloydette Bai-Marrow, Founding Partner, Parametric Global Consulting, on being recognized as a 2023 Integrity Innovator by Vault Platform
- Carlinde Kallianiotis on her new position as CEO, Ginger US
- Alisa Miller, CEO and Co-founder, Pluralytics AI, on her new position as Board Chair at Lumina Foundation
Welcome Our New Members!
- Heather French, General Counsel and Corporate Secretary, GHX
- Natalie Redmond, President & CEO, St. Joseph (Mo.) Chamber of Commerce
Local Happenings
“As part of the Global Digital Development Forum, Interledger Foundation (ILF) is hosting a panel and reception on April 26th, at 4:30 PM, at the District Architecture Center in Gallery Pl/Chinatown. ILF is a grantmaker focused on supporting open tech and working with communities that are building solutions for financial inclusion. It’s one of the most diverse tech organizations and foundations in this space. As part of our mission, we’ve also started a program to fund tech programs at HBCUs. Our first one launched with Bowie State University, and some of the students and their professor will be at this event.”
If you’re interested in receiving an invitation, contact Quorum member Ginny Barahona, Director of Strategy at Interledger Foundation.
