Obviously, many of them already have personal financial managers, but we will talk about some broader issues and the implications of recent tax and legal changes. We'll also continue our focus on how women managers can mentor the next generation of women. My colleagues' and my work on women's management styles has revealed significant differences between generations. I hope we'll have some practitioners talking about this as well. Furthermore, we will arrange for these highly successful businesswomen to meet our MBA students informally.
All participants live in small groups of five to eight women.
The groups are arranged by industry or by the issues they have indicated in their applications that they would like to discuss more in-depth. The living groups meet daily for breakfast and sometimes other meals, during which time each person has the opportunity to raise an issue she would like help with from the group. She was already thinking about a transition into the next stage of her life which included selling the business or taking it public. Her partner wanted to continue in a leadership role in the company. She was trying to figure out how to structure a deal that would allow her to withdraw, allow him to remain in place, and give them both an equitable financial payoff.