Judy's Journal
by 
Judy Martin


  
Judy Martin is an Emmy Award winning Anchor/Reporter and News 12 Money Talk Host
 

  

  

 

 

WOMEN IN BUSINESS 2001: 
The former publisher of Working Woman Magazine 
gets real on Women in Business
  
A Conversation With Barbara Litrell
by Judy Martin

  
At a diner in Hicksville I’m having breakfast with Barbara Litrell, one of the foremost experts on women in business, and when the server takes our order almost simultaneously we both say, “No potatoes, no bread.” 
  
There is little that can change our minds in that moment. We are adamant that “carb’s” are evil, and so is caffeine but I opt for the coffee due to sleep deprivation. Women of the new millennium don’t eat carbs but do drink coffee. Evidentially women of the new millennium do what they want, when they want, how they want. So why are women still so low on the executive board food chain?
  
Barbara’s Thoughts

Barbara Litrell doesn’t want to dwell on the “whys” but instead intends to spend her energy taking action to change things.  She is co-founder of Women Changing the Workplace and the World, events that bring together “terrific women in business.” It’s not about networking for a new position, but networking for change. Most of the women who will meet on a regular basis have “made it” and are now looking to implement change regarding women in business.  

Litrell is not new to expanding the women’s role and recognition in business. She is currently the president of her own communications company. It’s a new venture for her after a highly profiled 28 years in publishing which involved working with the New York Times, McCall’s magazine and Working Women Network which publishes Working Woman and Working Mother magazines.  

Networking with other like minded management people yields a different result according to  Litrell. They are not women who say “there is no discrimination in the workplace.” They are women who are looking to implement change.   And that’s the direction she says she sees for women in business in 2001 and beyond. 

Where We’ve Been 
As Litrell explains, the history of the women’s movement in business can be comfortably placed into the four “f”s.  In the 70’s it was “find” a job, the 80’s had you trying to “fit in,” the 90’s fostered “freedom.”  And now “Women who get it,” she says,  “are fueling change.”  

The business landscape has been changing, it’s just taking its time in doing that according to Litrell. In the 80’s women were trying to fit in the  workplace which was in essence a male environment. She says it took until the numbers grew in the 90’s when you had more women in managerial positions, for real change in the working environment to take place.  “As we get to the point of critical mass, numbers begins to rule – you don’t have to say I have to do it your way – my way is really good.” Litrell says it’s up to women to take the initiative to stop trying to fit in and instead create a better workplace. “Unless women are willing to acknowledge the different things women bring to the party, we’re going to still behave like men.” 

“Society needs to continue to accommodate the fact that women are not going back home,” says Litrell who adds that because women are now half the workforce, are more educated, and more independent, the workforce needs to change. There are over 9 million women-owned businesses in the country. That figure is about 40 percent of the businesses and soon that number will be 50 percent, so Litrell says there is added momentum and incentive to make the workplace a better place for women.  

Where We Are
While women are still fighting to be named to corporate boards the number of women who hold corporate officer positions are on the rise. Charles Schwab announced last year that the company is trying to bridge the gap in the number of male and female investors by rolling out a series of woman-friendly seminars.   Along with the seminars, the company now has one of the highest percentages of female executives on Wall Street at 36 percent of it’s workforce.  Where we are  - women have had enormous momentum. 

Litrell goes on to talk about how women are now taking a new approach to supporting women in the workplace. Engaging in mentoring efforts with females just entering the workforce, the progression of implementing initiatives that effect women in the workforce. In addition, she mentions flexible working policies, executive training programs, opportunity for advancement, childcare benefits and other subsidized programs which are designed to support working mothers. Many companies have created work flex programs to keep women – but Litrell says they’ve only touched the surface. 

In the December/January issue of Working Woman magazine editors chose the top 25 companies that are the best environment for executive women. The average work-life of a woman at these companies is 14 years. In the magazines survey it spotlights these companies and many of the issues mentioned above. She says the women are staying at these companies because they are happy – plain and simple. 

“In this job market companies have been forced to figure out ways to keep their employees.” says Barbara. The companies are saying, “We value you as an employee and as a mother.” So they are coming up with ways to keep these women.  

Where We’re Going
There are a set of circumstances that Litrell says we need to be aware of to move forward.  First, she speaks of the Clinton administration as being a strong one for women, especially women in the workplace.  

Clinton signed the medical leave act as soon as he was in office and established the Office of Women’s Initiatives. Litrell says that administration allowed itself to be open to listening to the needs of women in business. She fears in a slowing economy whether the office and support of further women’s initiatives will remain a priority, although she adds that there are some very vocal and strong republican women who campaigned for Bush.  

“In a slowing economy, the fringes are the first to go,” says Litrell. “It will be interesting to keep an eye on what companies and this new administration will consider fringes.” It’s an issue many will scrutinize in the various sectors of the workforce. Will fringes involve childcare, part-time working initiatives, and other programs that a good economy may afford? 

It’s politics and activism that will help define the direction of women in business according to Litrell. Women taking an active role in creating initiatives and designing a better blueprint for corporate America to adhere to. “We need to surge forward. The power of women empowers women.”  The more women involved in politics, the more likely we are to have laws in place that benefit women, children and families.  

She says it’s vital at this stage to make sure that women recognize their own strengths and incredible talents and believes that women have a personal way of managing people that can foster loyalty and morale.  

The Future 

Litrell retired from the publishing industry last year, but she is far from the world of the retiree. While at first she expected to travel and relax a bit with her cats, one too many times she was asked, “You’re not really retiring?” And with that she answered with starting her own company, B. Litrell Communications in Manorville. As for the future of women in business, here are the key elements Litrell says we must address as we move forward. 

  • Technology: It is the foundation for the future and women need to be at the forefront of the learning curve. While we may be in a dotcom slump, women need to embrace the technological fields at a more rapid rate.
  • Venture Capital: More money needs to be allocated for women-owned businesses. That means more education and support is needed to help women in creating their business plans and making them more attractive to the lending institutions.  
  • Mentoring: More programs need to be established by women for women. Especially for those just getting out of college. They need to be better educated in the corporate life structure and how to advance their careers.
  • Networking: Women need to nurture other women in business and make an effort to do business with women-owned companies.

    

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