
Warren Buffett with the late Katharine Graham of the Washington Post at his 50th-birthday party in 1980. Image courtesy: Warren Buffett as seen on Fortune
The most recent issue of FORTUNE features an essay by Warren Buffett entitled, “Warren Buffett is bullish ... on women.”* In it, Mr. Buffett contributes his own thoughts to the recent dialogue taking place around women and work in the U.S., characterizing the unfortunate fact that barriers still remain.
Despite our track record as a nation, Mr. Buffett writes, “America has forged this success while utilizing, in large part, only half of the country's talent.”
Ultimately, Mr. Buffett’s FORTUNE essay issues a call to action not only to the men who continue to lead the majority of our corporations and occupy nearly all of the seats on our corporate boards, but also to those men who manage employees at any level.
Mr. Buffett states:
“No manager operates his or her plants at 80% efficiency when steps could be taken that would increase output. And no CEO wants male employees to be underutilized when improved training or working conditions would boost productivity. So take it one step further: If obvious benefits flow from helping the male component of the workforce achieve its potential, why in the world wouldn't you want to include its counterpart?”
While I don’t wholly agree with Mr. Buffett’s assessment on certain points (I’m sure he won’t lose any sleep over that), I did find his argument to be compelling. It also made me take a moment to look at the public relations profession in light of the argument that embracing the ascension of women to executive roles and directorships within companies, in addition to providing greater opportunity, mentorship and promotion of women through all levels of business makes business sense. Read the rest of this entry »










Perhaps one of the most intriguing chapters in the book discusses the traits of self control, willpower and the "Marshmallow Test." At a nursery school in California, a researcher brought each four-year-old into a small room, sat the child at a desk and offered a treat, such as a marshmallow. On the desk was a bell. The researcher told the child she was going to leave the room and the child could eat the marshmallow when she returned. Then she offered a choice; if the child wanted to eat the marshmallow, he or she just needed to ring the bell, the researcher would return and the child could have the marshmallow. But if the child waited until the researcher returned on her own, he or she would get two marshmallows.
A recent op/ed in The New York Times about productivity in the office caught my attention. The piece, “
A recent 