From Publishers Weekly
Women-run companies are more likely to stay in business than the average U.S. firm, to grow at three times the average rate, create jobs at twice the average rate and produce profits faster, according to former CEO and BBC producer Heffernan. To find out how and why, she interviewed hundreds of women business owners. Although the way her results confirmed stereotypes about gender differences made her queasy, it turned out that women business owners typically possess the characteristics experts think are needed in 21st-century businesses: combining "discipline, focus, detachment, and systematic thinking with playfulness, empathy, and design." She found that many women started their own businesses after working for corporations that didn't respect or listen to them. In charge of their own companies, their abilities to assert their values, nurture their employees and customers, "orchestrate" rather than "command and control," emphasize collaboration rather than competition, stay open to change, ask for help, learn from mistakes and make time for family became a formula for success. Heffernan's tone matches the frenetic pace and idealistic underpinnings of her interviewees' packed lives. Although aspiring entrepreneurs may wish for more specific details, this book inspires hope for a holistic alternative to the profits-only mentality.
(Jan. 22) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Review
Heffernan has held up a mirror for women business owners and I predict they will like what they see. --
Susan Phillips Bari, President of the Womens Business Enterprise National CouncilI've long called the saga of American women-owned businesses our most under-reported business news story. Margaret Heffernan goes a long way to filling this empty canyon.
HOW SHE DOES IT is a great piece of reporting, a great piece of writing--and, simply, one of the most important books, business or otherwise, to come along in many a year. --
Tom PetersIlluminates the strengths of female-run companies. Will cause light bulbs to go off over the corporate world. --
USA Today