The Network of Executive Women has released its NEW Annual Report 2018, “Pivots & Solutions,” showing how the growing women’s leadership organization is impacting the lives of its members and helping transform companies and industries.
“Organizations need to retain and develop their top talent,” said NEW President and CEO Sarah Alter. “Employees need places where they can be themselves and achieve their best. NEW is working from the top down and grassroots up to meet these converging — and urgent — demands.”
NEW has invested in new technology, research and human capital to advance gender equality in the retail, consumer goods, financial services and technology sectors, according to the report.
The record-breaking year was highlighted by the launch of the Network’s 21st region, NEW Idaho, a new mobile-friendly website, outreach to new allies and partners, and research and analytics that will power new insights, tools and best practices for NEW’s 105 partner companies and 10,685 members.
The NEW Annual Report offers the personal stories of six NEW members, who shared their experiences during challenging career-life pivot points: Elise Keeler of General Mills, Mercedes Jaime of Enter Entra, Joy Martin of Visa Inc., Caetlyn Roberts of Giant Food, Caroline Wanga of Target Corporation and Mini Walia of The Coca-Cola Company. The challenges range from parenthood and cancer diagnosis to job loss and reinvention.
The “solutions” half of the report details how members, partner companies, allies and regional supporters are working together to advance women and includes facts and figures about membership, leaders, regions, advocacy, learning and events, and financials.
Last year more than 19,000 NEW members and supporters attended NEW events, including conferences, regional events and mixers, online webinars and industry and partner outreach events. More than 91,000 NEW members and supporters follow NEW HQ and regional social media accounts.
Partner contributions grew to $3.1 million, or 31 percent of total income of $9.1 million. The NEW Future Fund contributed $1.425 million, or nearly 16 percent.
Two signature conferences, NEW Executive Forum for invited senior-level leaders and NEW Leadership Summit, accounted for more than $2.3 million, or 25 percent, of income. NEW’s 130 regional events and sponsorship contributed more than $821,000, or 9 percent of income.
NEW’s signature learning programs, including NEW Rising Stars for mid-level leaders and NEW Executive Institute for emerging senior executives, contributed more than $717,000, representing 8 percent of revenues.