VISION QUEST

Betty Spence, Ph.D.

President

National Association for Female Executives (NAFE)

WILLIAM BLAKE

To see a World in a grain of sand

And a Heaven in a wild flower

Hold Infinity in the palm of your hand

And Eternity in an hour.

From “Auguries of Innocence”

NAFE TOP COMPANIES HALL OF FAME

IBM – on NAFE Top Companies list 15 years

Aetna – on NAFE Top Companies list 15 years

WHAT MAKES A NAFE TOP COMPANY?

To apply: 2 women on the board

To win:

- % on board, C-suite, senior execs

- % in P&L positions

- Programs: sponsorship, training

- Policies: succession, accountability

BEST IN CLASS: WOMEN ON BOARDS

Edelman, Procter & Gamble, Target – 45% FleishmanHillard – 44% Sodexo, Texas Instruments – 40% Top Companies* Fortune 500** 27% - up 17% in 5 yrs 16.9% - little change in 5 yrs 3+ women: 70% of cos 3+ women: less than 25% of cos *Working Mother Research Institute (WMRI) 2014; **Catalyst Census 2013

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BEST IN CLASS: WOMEN CEOS

DuPont

General Motors*

HP

IBM

Starcom

* Since last year

BEST IN CLASS: TOP 10% OF EARNERS

-55% - Starcom

-47% - Aetna, Edelman, Marriott*

-43% - American Express, Walmart

-42% - Sodexo*

Women as % of Top 5 Earners – F500 – 8.1%

* Up from last year

BEST IN CLASS: PROPORTIONS Women Employees Women Managers DuPont 25% 27% Ernst & Young 46% 45% General Mills* 40% 39% General Motors 24% 22% Colgate 40% 37% IBM 30% 26% Northrop Grumman 27% 23% Procter & Gamble* 38% 34%

BEST IN CLASS: P&L PIPELINES Target – 67%

Starcom – 56%*

Fleishman, Northern Trust – 50%

MassMutual – 44%

Principal, Johnson & Johnson – 40%

NAFE Top Companies: 22% (WMRI 2014)

* Up from last year

BEST IN CLASS: RUNNING $1B+ OPERATIONS

In Companies with 3+ Major Divisions

General Mills – 50%

AstraZeneca* – 43%

Pfizer* – 41%

Johnson & Johnson* - 40%

Bristol,* Ernst & Young, Principal* - 33%

NAFE Top Cos - 25% - (WMRI, 2014) * Up from last year

THE FEMALE VISION

Authors: Sally Helgesen and Julie Johnson

-Harris Survey of 818 men & women

-54% men; 46% women

HARRIS SURVEY FINDINGS* -Men measure a job’s worth by compensation.

Women rate collegial relationships more satisfying.

-Men “play to win.”

Women rate cooperation over competition.

-Men: Work = a game.

Women: Work = useful to society.

*Helgesen & Johnson: The Female Vision.

WOMEN-RUN HEDGE FUNDS -Women-run hedge fund index*: 9.8% return Jan – Nov 2013;

compared to HFRX Global Hedge Fund Index return of 6.1%.

-Women run hedge funds* – 6% return – 2007-June 2013; compared to HFRX Global Hedge Fund Index loss of 1%.

*Rothstein Kass index

Source: “Women in Alternative Investments: A Marathon, Not a Sprint,” Hedge Fund Research.

WHAT VISION DRIVES THE WORK YOU DO, OR THE GIVING BACK THAT YOU DO?