Cate Blanchett's new cropped hair style, from the front and the side. Photo: Mike Coppola, FilmMagic / Kevin Mazur, WireImage

Starting off the month looking stunning with a sophisticated up-do on the cover "W" magazine, Cate Blanchett stepped onto the red carpet at last night's 2010 Tony Awards with a chic, short and boyish haircut.

Perhaps taking inspiration from numerous other Hollywood hair-mavens -- including Michelle Williams, Hayden Panettiere and Victoria Beckham -- or just looking to escape the summertime heat, the "Robin Hood" star lopped off her shoulder-length locks in exchange for a super short -- and super cute -- cropped pixie 'do.

"Like most working mothers, time is sacred," the mother of three perviously told StyleList. When it comes to her beauty routine, "All I can manage is five minutes in the morning and evening." Her shorter locks are sure to save time.

Last evening, forty-one-year-old Blanchett kept her strawberry blonde hue and brushed her once-wavy strands off to the side, making her eyes sparkle and her face radiate.

And that wasn't all that shined.

Blanchett's shimmering Giorgio Armani Privé silver suit and Van Cleef & Arpels diamonds also caught the eyes of many adoring fans.

Do you like Blanchett's new hairstyle as much as we do? Tell us what you think!

Check out other stars rocking the short and sweet look too!