A recent study featured in Harvard Business Review explores how more women can get to the top. The feature's author Evelyn Orr of the Korn Ferry Institute explains what interviewing 57 female CEOs unveiled about the gender gap.
"We were shocked to learn that two-thirds of the women we interviewed didn't view themselves as CEO material," says Evelyn Orr VP and COO at the Korn Ferry Institute. Orr explains ways companies can build women in the pipeline for the CEO level. "I think the key for companies is to identify high potential talent early," says Orr.
This week, Tina Smith was sworn in as a junior Senator for Minnesota, replacing Al Franken. This marks a record number of 22 senators. "It is showing slow and steady progress," says Orr. "It's important that we normalize female leadership."
Design and lifestyle company Apartment Therapy has brought back its annual Small/Cool NYC exhibit to showcase some of the biggest interior design trends. Maxwell Ryan, founder of Apartment Therapy, joined Cheddar News to show some of the designs the company has come up with as well as some unique choices for living spaces of any size.
President Joe Biden on Wednesday announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.