When Money Isn't Enough: How Women Are Finding the Soul of Success Review

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When Money Isn't Enough: How Women Are Finding the Soul of Success ReviewEven as more and more women shatter the glass ceiling to reach corporate heights once closed to them, some of the most successful are backing down the ladder. Women are redefining success, say Connie Glaser and Barbara Smalley in their newest book, When Money Isn't Enough, and their definitions include more than a soaring career. There must be time for family, and time for themselves. Finding balance, say the authors, "enables us to enjoy our work, and keeps our lives from spinning out of control."
Brenda Barnes made front page news when she stepped down as president and chief executive of Pepsi Cola North America in 1997. But she wasn't the only woman in recent years to make headlines because of a decision to resign from a high-profile position. Ricki R. Helfer, chair of the Federal Deposit Insurance Corporation (FDIC) resigned; Anna Quindlen quit the New York Times; Patty Stonesifer left her position as head of Microsoft's Interactive Media Division; and the list goes on. "And what's the driving force behind these bailouts? A personal choice to shift priorities and a firm belief that self-fulfillment is far more critical to success than power, prestige, and personal profit."
Headline-makers aren't the only ones bailing out; thousands more are following suit for the same motives. Christy Richter worked her way into a Wall Street career selling money market accounts and earning bonuses that often exceeded her salary. "But Richter wasn't happy. 'I loved my clients, the markets, and the money,' she reports. 'But I was always having stress disorders, including TMJ and back problems. And my body was telling me to do something different.'"
"Richter decided to take a leave of absence ... during which she spent most of her time biking long distances, studying yoga, and mastering massage techniques that had helped her cope for so many years. When she returned to work three months later, it was only to resign. 'The second I stepped on the escalator at the World Trade Center, the hair on the back of my neck literally stood up,' she recalls. 'So I decided it was time to fire myself.'"
Richter opened a yoga and body works studio, and now teaches yoga and gives massages to relieve for others the same stresses she once endured.
Glaser and Smalley have interviewed dozens of women like Richter, and their stories are inspiring and hopeful. Some have had to deal with backlash from those who say they just couldn't cut it, but all have stood their ground, opting to decide for themselves what success means. Every woman's scenario for success is different. As the authors put it, "success is no longer one-size-fits-all."
The balance women seek is fulfillment in all the areas of our lives: work, personal and family. For some women, finding that balance will mean plateauing on a lower rung of the old success ladder, or opting out of the corporate world altogether. A few companies have seen the trend and are creating policies and programs that respond to employees' needs for a life beyond the office. Glaser and Smalley give Xerox credit for being one of the companies that is breaking new ground with their work-life initiatives. Establishing an environment wherein "people and teams are empowered to make the decision to be flexible, as long as business goals are met," has resulted in a jump in the number of employees on nontraditional schedules from 2 percent to 85 percent. And absenteeism has been cut in half. Clearly, work-family benefits can be a win-win situation.
If your friends are like my friends, whenever you get together, the conversation always comes around to the subject of time, and how there's just not enough of it. Not enough time to do all the things we really want to do - for ourselves, our families, our friends - because we are all too busy doing all the things we must do - for our jobs or businesses. The stories Smalley and Glaser have collected prove that we can restructure our lives to make time for what is important to us. It's time to say goodby to the Superwoman image of the 90s, say the authors, and look for a new icon "committed to reaping rich rewards beyond the bottom line."
To help the reader figure out her own game plan for a joyful and fulfilling life, Glaser and Smalley have included a comprehensive list of resources for inspiration and guidance.When Money Isn't Enough: How Women Are Finding the Soul of Success Overview

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