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January 27, 2008

WBA Panel 3 - Personal Strategy

A quick strategy lesson is all you need to remind you of where you are going with your life. Dean Bradford served us a refresher course in strategy and how to apply Porter’s five forces to personal strategy. I never imagined writing a personal business plan, but when the dean asked who has written one and several of the women rose their hands I thought that maybe there is logic to it. As the presentation progressed I saw exactly why writing a plan was not only a good idea, but seemed almost crucial to further career development. Writing any business plan forces us to think of the future and consider pros and cons of the proposed solutions. It also asks where you want to be in five or ten years. And suddenly personal strategy has a whole new meaning – it focuses us and gives us direction. And the best thing is that we learn what we really want and what awaits us on the way.

Marriage woes of the career minded

In today’s world a woman getting an MBA is very likely to end up in a dual career household. And his career might be on a different track then yours, going as fast but in a different direction. So what do you do? A panel of three successful women and one successful husband answered questions about juggling your career and your marriage (and kids) in a dual career household. We discussed various techniques from using outlook meeting requests to block out family time to division of chores and the main takeaways from the discussion were communication, and learn how to do it well, financial responsibility of each partner – participation upkeep of your home, and lastly, how not to sacrifice your career for him and/or for the kids.

How to return to the workforce?

It’s not the question of quitting a job, but taking a break for what ever reason one chooses. Be it raising kids, taking time off to come back to school, or be an expat wife in some exotic (or not so exotic) country, there will be a time when we want to take a break from being in the workforce. This might primarily apply to women, but don’t be fooled, there are plenty of men that take a break and have no idea how to get back “on the horse.” The first seminar was very interesting, because it touched upon many fears and uncertainties of re-entering the workforce. We discussed strategies to enhance the resume, like putting your home experience on your resume – after all, we are often the CEO’s, CFO’s, COO’s and other C’s of our homes, and how to stay on top of ever changing technology. We even touched on working for non-profits and volunteer work – both of which can be great resume assets if used properly.

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