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Broadsheet

The Broadsheet: October 10th

By
Caroline Fairchild
Caroline Fairchild
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By
Caroline Fairchild
Caroline Fairchild
Down Arrow Button Icon
October 10, 2014, 7:44 AM ET

Good morning, Broadsheet readers. Microsoft CEO Satya Nadella made a controversial comment yesterday about women and pay, and Elizabeth Warren spoke out on the Ebola crisis. Read on to learn why multitasking might be ruining your relationships. Have a great Friday!

EVERYONE'S TALKING

• Microsoft CEO to women: Don't ask for a raise. “It’s not really about asking for a raise, but knowing and having faith that the system will give you the right raise,” Satya Nadella told a predominantly female audience at the Grace Hopper Celebration of Women in Computing. The crowd was noticeably confused by Nadella's recommendation, especially considering that last year, female full-time workers were paid 78% of what men were paid. After his comment, Nadella tweeted this: "Was inarticulate re how women should ask for raise. Our industry must close gender pay gap so a raise is not needed because of a bias."

On a related note, GM CEO Mary Barra mentioned at Fortune's Most Powerful Women Summit that she had never asked for a raise. Interviewer Alan Murray then polled the audience to see how many shared Barra's experience, and the majority of the conference's high-powered female attendees raised their hands. So did Warren Buffett.  Readwrite 

ALSO IN THE HEADLINES

• Malala Yousafzai wins Nobel Peace Prize. On Friday, the 17-year-old Pakistani advocate for women’s right to education was jointly awarded the 2014 Nobel Peace Prize. She shares the accolade with Kailash Satyarthi, an Indian children's rights activist. Yousafzai was shot two years ago on a school bus by the Taliban and has since co-founded the Malala Fund, a global organization focused on empowering girls through education. She is now the youngest-ever recipient of the Nobel Peace Prize. Time 

• Elizabeth Warren talks Ebola. The Massachusetts Senator said Thursday that Congress may have some blame for the Ebola crisis. “I want to remind everyone, Ebola is not new,” said Warren, adding that federal medical research funding has been cut by nearly $2 billion. Boston Herald

• The woman behind Facebook's diversity dilemma. A majority of the social network's users "do not look like Mark Zuckerberg," said Maxine Williams, Facebook's head of global diversity. “As far as we’re concerned, our strategy needs to be going to them, instead of expecting we will build it and they will come,” she tells WIRED.  Wired

• Wendy Kopp's advice for millennial employers. "Learn everything you can about them," the co-founder and CEO of Teach For All wrote on Fortune's new MPW Insider Network. "You don’t have to change who you are, how you lead, what your organization is about, but you do have to adapt and learn. They want to conquer the world, they want to do more than just collect a paycheck and we have to figure out ways to channel that." Fortune

• Duke Energy CEO on professional heartbreak. Lynn Good spent the first half of her career at Arthur Andersen until the scandal-ridden firm was almost destroyed in 2002 due to its work with Enron. “The way you defined yourself disappeared overnight. It changed the way I thought about my career and realized that you are not your career; you are the asset,” she said. Her advice? Have ways to define yourself outside of your career. Fortune

• Marc Andreessen: 'Tech is not yet inclusive enough.' The Silicon Valley investor and his wife, Laura Arrillaga-Andreessen, are donating $500,000 to three non-profits working to bring more diverse talents into the tech industry. "Diversity and innovation go hand in hand, in my opinion; you can't have one without the other," Arrillaga-Andreessen explained.  USA Today

• Marissa Mayer's master plan for Tumblr? The CEO of Yahoo has softened her stance on keeping Tumblr an independent property, and reportedly is encouraging it to become the exclusive distributor of videos from popular creators who currently distribute via YouTube.  Business Insider

BROADVIEW

How multitasking is ruining our relationships 

Wendy Clark, the president of Sparkling Brands and strategic marketing for Coca-Cola North America, is almost always working. The high-powered exec is expected to be available at all times to respond to emails, take conference calls and navigate Coke's ever-growing social media presence. In short, Clark is one connected leader.

But rather than try and hide from her family and friends when she needs to be in touch with her team at work, Clark chooses to "own it." She doesn't sneak off to the bathroom when she has to take a phone call and she doesn't try and secretly check her email under the dinner table. Instead, she communicates with them exactly why she is checking her phone or ducking out to take a call.

She does this because she knows the alternative is even more harmful.

"What people most want from you in your life whether it’s at work and home is your focus and attention," Clark said in a panel discussion earlier this week titled The Connected (Not OverConnected) Leader) at Fortune's Most Powerful Women Summit. "My team craves my attention, my children crave my attention, my husband craves my attention - everyone wants me to focus on them and you are destroying that when you think you are multitasking and you are not accomplishing either."

Click over to Fortune.com to read my full story. 

IN CASE YOU MISSED IT

• Equal pay? Try equal payback. Over the course of her career, the average woman could lose $435,049 in wages due to the gender wage gap. Add this up among the nearly 69 million working women, we're talking nearly $30 trillion in lost income. To bring attention to this problem (in a pretty hilarious way) Sarah Silverman is the face of a new crowdfunding project to raise nearly $30 trillion...in less than 30 days. Warning: The video is NSFW. Equal Payback Project

• Network TV: The land of women? Once a desert for actresses seeking complex and quality roles, network television now has plenty of strong female leads like Viola Davis in How To Get Away With Murder and Kerry Washington in Scandal. "What we're trying to do is show women in all of their strength and beauty; to not be afraid or shy away from the parts of these women that are a little more complicated and challenging," said Channing Dungey, the executive vice president of drama at ABC.   The Atlantic

• Chelsea Handler's big twist. Her new show on Netflix doesn't start until 2016, and in the meantime, she's cooking up a series of special reports."I want to do really cool interviews and meet with regular people — take a break from the celebrity nonsense," she said.  LATimes

ON MY RADAR

7 must-see moments from Fortune's Most Powerful Women Summit Fortune

Women's rights group weighs in for... Chevron?  Fortune

The biz world's 100 out and proud heroes  Financial Times

How social media turned against women  The Atlantic

Why Shonda Rhimes never had a mentor  Quartz

How feminism could save Japan  Vox

QUOTE

I believe nothing matters more than what people go through today when you lose someone you love because you found out too late in the process to do something about it. We have an opportunity to do good in the world.

Elizabeth Holmes, founder and CEO of Theranos, on why she started her blood diagnostics company.
About the Author
By Caroline Fairchild
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