Showing posts with label when. Show all posts
Showing posts with label when. Show all posts

Monday, April 17, 2023

53% Of Women Surveyed Says They Get Lonely, Worser When They Climb Corporate Ladder

 

It’s often been said that it’s lonely at the top and now there’s new research to prove it. A recent survey of more than 600 men and women across the U.S. found that 53% of women in the workplace experience loneliness—and it only gets worse the higher they climb the corporate ladder.

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The study, which was conducted in February 2023 by TheLi.st, Berlin Cameron & Benenson Group, confirms what women in the workplace have long known—getting ahead is no easy feat and it’s not exactly a walk in the park once you get there.

“This research points to a workplace crisis, a mental health crisis and a pipeline crisis for women,” says Ann Shoket, CEO of TheLi.st, a private community of high-impact women in media, technology and entrepreneurship. “We did this research not to point out how lonely it is, but to point out the impact of that loneliness on their lives and their careers. It’s not that so many women are feeling lonely at their job, but they feel lonely because of their job.”

Almost 30% of senior-level women in the survey said they feel as if they don’t have anyone to talk to about work and that lack of support is taking a toll. Two-thirds of senior-level women say that work, combined with responsibilities at home, have left them feeling burned out, stressed and overwhelmed. One needs to look no further than the recent resignations of high-profile women in leadership positions, such as Jacinda Ardern, the former prime minister of New Zealand and YouTube CEO Susan Wojcicki, to see a trend.

A recent study by Challenger, Gray & Christmas, a Chicago-based executive outplacement firm, found that 167 people stepped down from CEO roles in February 2023, an 11% increase over the number of leaders who left in February 2022. For women, the reasons are varied, according to a report from McKinsey & Company and Lean In that saw women leaving leadership positions because they are likely to experience stronger headwinds than men; they’re overworked and underrecognized; and they desire a more flexible and diverse workplace culture.

“We think that loneliness and success go hand in hand—the idea of the lone wolf leader bearing all of the weight of the decisions on their own,” says Shoket. “And that is not conducive to success for women. Women feel unseen, unsupported and like they can’t be their authentic selves at work.”

What’s really at stake when it comes to loneliness

Beyond implications at work, loneliness is also linked to a number of physical and mental health issues, including higher risks of depression, anxiety, cardiovascular disease, trouble sleeping and dementia among others. In fact, a study from the National Institute on Aging found that prolonged isolation is the same as smoking 15 cigarettes per day.

The loneliness epidemic is so prevalent that at a lecture at Yale last fall, U.S. Surgeon General Vivek H. Murthy said, “It is both common and consequential, and that is one of the reasons why I wanted to raise the alarm that this is a public health issue.”

To help cope with the stress, nearly 92% of the senior-level women who reported being lonely in TheLi.st study said they turned to a negative coping behavior, such as alcohol, drugs, overexercising and overspending.

Loneliness is contributing to a pipeline problem for women leaders

In TheLi.st’s study, researchers found that nearly 60% of women say their feelings of loneliness or isolation have increased as their careers progressed and nearly 53% of women have declined a job, a promotion, quit or stopped working altogether because of the negative impact on their personal life.

“There’s a generation of women who are looking up the ladder at the women ahead of them and seeing what they’ve had to sacrifice, seeing how they’ve had to compartmentalize and they’re like, ‘no, thank you. I’m opting out of that,’” says Shoket.

Instead of opting out of leadership positions altogether, Denise Hamilton, CEO and founder of Watch Her Work, a digital platform for professional women, is encouraging a younger workforce to reimagine what success could look like on their terms.

“People aren’t aspiring to leadership roles the same way they used to, especially after a kind of value correction that happened during lockdown,” says Hamilton. “We had this Great Resignation, but I call it the Great Negotiation because literally everything is on the table. It’s all up for a repositioning and restructuring.”

To do that, Hamilton recommends taking into consideration what you need to succeed, and how a particular role or company may be able to support those goals.

“How are we articulating what we want in these environments instead of just stepping away from the table?” she asks. “It’s really important to be a part of the reimagining of the modern workforce.”

Loneliness is even worse for women of color

Not only is it lonely at the top, but it’s less diverse, too. The Lean In report found that only one in four people in the C-suite is a woman and only one in 20 is a woman of color. Meanwhile, TheLi.st study saw that feeling of loneliness is especially exacerbated for Black women and women of color, whose isolation is compounded by a lack of respect. Only one in five women of color strongly agree that they feel respected at work, compared to over a third of white women.

“We’re still only about one to two generations in where women have been allowed to work, let alone where they’re getting to the C-suite,” says Bea Arthur, therapist and founder of The Difference, an on-demand therapy service. “I can tell you from my own experience as an entrepreneur and working with high performers in general that if you see a woman or a person of color at the top, you know they’ve been through some shit to get there and to stay there.”

And it’s not necessarily any easier even when you’re your own boss, as Arthur can attest, recalling a time when she was the first and only Black woman and one of eight female founders at Y Combinator, a startup accelerator company, back in 2015. To help navigate her experience of often being the “first, only and different” as showrunner Shonda Rhimes once described it, Arthur leaned on the help of a coach.

“My coach reminded me that respect comes from the Latin word respicere, which means to ‘look back at, or regard,’” she says. “And that’s the thing. It doesn’t matter how much I’ve done, they’ll never see me as valuable. The “not being seen” piece…that’s what loneliness is—feeling alone, feeling unsupported. It’s exactly what they say, being a brown person you have to work twice as hard to get half as far.”

How to combat loneliness in the workplace

In addition to coaching, Arthur has relied heavily on coworking spaces and community groups, such as TheLi.st, to help feel less alone.

“Being a member of a good coworking space that does programming, content and events where I could see other founders come and speak and meet other entrepreneurs has been such a game changer,” says Arthur. “Working from home has great flexibility, but every now and then it helps to be around other people.”

Hamilton suggests budgeting time and proactively reaching out to your friends and professional network to schedule lunch dates and coffee dates, whether they’re in-person or virtual. After all, friendships have been proven to improve our physical and mental health. But at the end of the day, it’s on companies and policies to provide better working conditions for women, especially those who are underrepresented in leadership positions.

“All the coaching we give women about how they can have better work-life balance, we have to cut that out. This is a systemic societal problem,” says Hamilton. “My advice is to be gentle with yourself and understand the challenge that’s in front of you. You don't get the promotion because you work hard. You get the promotion, because somebody above you, who has the authority to amplify you, thinks you work hard.”

Saturday, June 19, 2021

Musk Says Telsa To Accept Bitcoin Again When Miners Use More Clean Energy


Tesla CEO Elon Musk tweeted that the company will return to accepting bitcoin as payment when the cryptocurrency’s miners use more clean, environmentally friendly energy. The crypto-enthusiast and environmentalist has seen his core passions collide with one another.

“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said on Twitter. According to Reuters, bitcoin rallied over 9% after the post.

CNBC said the billionaire was responding to pointed remarks from Magda Wierzycka, the CEO of South African asset manager Sygnia, who accused him of manipulating the price of bitcoin. Previously, Tesla bought US$1.5 billion (~RM6.2 billion) worth of bitcoin and later said it would accept the digital currency as payment for cars.

That policy was abruptly reversed last month with Musk declaring that the push for cryptocurrency “cannot come at great cost to the environment.” To be fair to the billionaire, even then, he maintained that Tesla will accept bitcoin transactions again when miners transition to “more sustainable energy.”

Of course, that statement as well as his latest one raise more questions than answers. Given the tremendous power demands of bitcoin mining, is that transition to cleaner energy even possible? Wouldn’t that require national-level, government-driven efforts to move away from ‘dirty’ energy sources like coal? Why seemingly put the onus on miners and how long would that transition take?

Finally, the billionaire-dollar question: Can enthusiasm for bitcoin be sustained until then?

Sunday, March 14, 2021

Windows 10 March Update Gives You The BSOD When You Use Printers


Windows 10 updates has, unfortunately, quite the history of breaking PCs. Previously, we saw updates break Bluetooth, WiFi, and possibly SSDs. This time, it would crash your PC if you use a printer.

According to Windows Latest, this is caused by the Windows 10 KB5000802 March 2021 update. And it’s an automatic security update, which means that it may have already been installed on a lot of PCs. And because it’s an automatic security update, you can’t really say no to its installation.

Reports of printers crashing PCs seem to primarily involve Kyocera printers. That being said, there are other reports involving printers from Ricoh and Zebra, among others.


For what it’s worth, Microsoft says that it is aware of the problem. The company says that they are currently investigating the matter, but has no solution to it yet. As you’d expect, the company only says that it will provide updates “when more information is available”.

If you’re affected by this, one solution is to roll the update back. There are two other workarounds shared by a Reddit user who claim to be a Microsoft staffer. One involves enabling direct printing via the Command Prompt, while the other is using the Compatibility tool. For what it’s worth, the workarounds look to be effective.

Xiaomi Shows Off Physical Concept Of Vision Gran Turismo

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