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When Donna Shalala became chancellor of the University of Wisconsin at Madison in 1988, the school's alumni and friends told her that in order to raise $400 million for a capital campaign, she would have to learn to play golf. There was no substitute, it seemed, for hitting up potential donors on the links. The university arranged for her to go to golf school for a week. "I had never had a golf club in my hand," says Shalala, now Secretary of the Department of Health and Human Services--and one of the few Cabinet officers with...

Author: /time Magazine | Title: Business Report: Putt For Dough | 9/14/1998 | See Source »

Shalala is by no means the lone woman out there on the fairway, at least not anymore. Networking on the golf course, long a part of doing business for male executives, has in recent years become par for the course for women. More than a fifth of the 26.5 million Americans who play golf are women--an increase of 24% over the past decade, according to the National Golf Foundation in Jupiter, Fla. And the barriers that once kept them off the links during prime tee times (when the deals get done) have been dropping like Annika Sorenstam's putts...

Author: /time Magazine | Title: Business Report: Putt For Dough | 9/14/1998 | See Source »

...only are women playing more, they are also taking it seriously, to judge by the growing numbers attending golf school. "When we first started, we were getting mostly country-club wives," says Marlene Floyd, sister of tour veteran Ray Floyd and founder of a women-only golf school in Hilton Head, S.C. "But in the past three or four years, the number of career women who are coming for professional reasons has grown to about 60% of our business. We're seeing a lot of stockbrokers, bankers, saleswomen, accountants and lawyers, who are taking their vacation with us to learn...

Author: /time Magazine | Title: Business Report: Putt For Dough | 9/14/1998 | See Source »

Today's female golfer is likely to be a full-time careerist who sees the green as an extension of her office. "I have got lots of new customers as a result of playing golf," says Lois Rice, 59, an executive vice president of Wells Fargo Bank in Los Angeles. A survey this year by the Executive Women's Golf Association in Palm Beach Gardens, Fla., found that its 13,000 members had an average salary of $78,325. Nearly 60% of respondents held upper-management positions with major corporations. Almost 30% owned their own business...

Author: /time Magazine | Title: Business Report: Putt For Dough | 9/14/1998 | See Source »

...also likes his Eton uniform: swallowtail jacket, striped trousers and starched shirt. Although his mother once mentioned that she wanted him to go to Harvard (his father went to Cambridge), he declined to say what university he wants to attend. When he got hit on the head by a golf club at age eight, he didn't cry. And though he has been rumored to have had a couple of girlfriends already, he confessed that he wishes those teenage fans would leave him alone...

Author: /time Magazine | Title: Can Anyone Replace Diana? | 9/7/1998 | See Source »

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