NEW sponsors are top companies for executive women
Saturday, February 9, 2013
Seven Network of Executive Women sponsors
were recognized by the National Association for Female Executives as Top
Companies for Executive Women. Noted for their efforts to advance women were American
Express, Colgate-Palmolive, General Mills, Johnson & Johnson, Kraft Foods,
Procter & Gamble and Target Corporation.
The NAFE Top 50 Companies for
Executive Women survey is completed by for-profit companies
with at least 1,000 employees and two women on the board of directors. The
survey tracks female representation at all levels, how many employees have
access to programs and policies that promote the advancement of women, how many
employees take advantage of those programs and policies, training of managers
to help women advance and how those managers are held accountable for the
advancement of female employees that they oversee.
At American Express,
intriguing speakers and breakfasts with female executives motivate members of
the company's Women's Interest Network. Supporting the career growth of 17,100
female employees, the U.S. arm of American Express maintains Women in the
Pipeline and at the Top, a multifaceted initiative designed to groom
high-potential female talent for new roles in the organization. Approximately
one-third of the company's senior managers are women. Women make up 42 percent
of its top 10 percent of earners.
Nine employee networks at Colgate-Palmolive provide employees
with a sense of community. Executives may participate in Global Leadership
2030, a 12-month initiative focused on working together to resolve business
issues and improving the company's bottom line that offers opportunities for
executives to raise their visibility. More than 37 percent of Colgate-Palmolive’s senior
managers are women, as are 35 percent of the company's top 10 percent of
earners. Women make up one-fifth of its board of directors.
Mills, 96 percent of female employees surveyed said they would recommend
the company as a good place to work. The food manufacturer recently declared
its intent to increase the representation of women in its most elite positions
by 2020 and to strengthen the connection between female executives on a worldwide
level. Ranking in the Top 10 of NAFE's Top 50 Companies for Executive Women,
General Mills rates highly as an employer of women in key roles -- approximately
one-third of all directors, 35 percent of corporate officers and 57 percent of
retail division presidents are women.
During the last 12 years, more than 1,000
women at Johnson & Johnson have
taken part in leadership programs designed for them. The company's Crossing the
Finish Line program educates multicultural women and their supervisors about
overcoming barriers to advancement and accelerating their careers. Business
units create action plans to retain and promote female employees. One-third of
the company's top 10 percent of earners are women, as are one-quarter of
executives running divisions with more than $1 billion of revenue.
Foods fosters a sense of
community with its Women's Supply Chain Council and Women's Sales Council, both
of which offer regional and national conferences, career development sessions,
mentoring programs and networking workshops. Employees participating in "NEW
Women Rules” sessions held by the Women's Supply Chain Council read Fawn
Germer's The New Woman Rules and
discuss its lessons and inspirations. Thirty-seven percent of senior managers
are women, as are one-third of the company's corporate executives.
Flexible work schedules are gaining
popularity at Procter & Gamble,
which ranks in the top 10 of NAFE's list of top companies for executive women. The
company's Corporate Women's Leadership Team, made up of senior female managers,
grants rising female employees access to valuable networking and coaching
opportunities. Job-related training for female executives is taught by Procter
& Gamble's CEO, vice chairs and presidents.
Women make up 45 percent of the company's board of directors and 34 percent
of its senior managers.
At Target, 57 percent of employees are women. Women at the retail giant earned 40 percent
of all promotions to corporate executive positions in 2011, and the one-year
Talent Development Program offers managers, senior managers and directors a
variety of educational seminars, coaching sessions and learning groups designed
to encourage promising employees toward high achievement. Thirty-six percent of
Target's senior managers are women, as are more than half of the company's top
10 percent of earners.
NAFE, a professional
membership group, is a division of Working Mother Media. The companies were
spotlighted in the February/March 2013 issue of Working Mother magazine.