Forbes Magazine profiled a Steve Forbes interview of Irene Rosenfeld, Chief Executive Officer of Kraft, on what it takes to be a female executive and what the future of women in the C-suite looks like.

When asked about balance (for most women, the $1 million question), she said, "I think you have this sense that there is this scale and every day and everything is just perfect. The reality is that it kind of goes like this or like that. And so I think what my advice to young women and men--because I think, increasingly, we're finding that the young men in the company are much more active fathers than, perhaps, the generation that preceded them--my advice to them is to figure out what's important to you and make sure that you take advantage of that.

So if there's an important event in your child's life or there is something that you need to do, do it. I think you can do it within the context of your business responsibilities. I think you can do it by working it out with your boss. But don't come to regret having missed some of these hallmark events. But you can't do all of them, and I think making some of those choices is important."

The key takeaways here are that:

• There is no perfect balance
• Some days your family wins, some day your work wins, it all evens out so long as you....
• Make the right choices for you