Wishing you all the best in 2017 !
Lend Us Your Voice! Bring Your Friends and March With Us! #IWALK4WOMEN ::
The first sign that one is at a women’s empowerment conference is that there are women on the stage at all—the all-male panel discussion remains an inescapable part of modern life. The second sign is the footwear. Picture a horizontal line of 4-inch stilettos, dangling at the eye level of the audience, as the women wearing them sit perched on stools. It appears that the first thing a successful, liberated woman does is slide her feet into the most gait-inhibiting shoes available, ideally in snakeskin.
Lands’ End CEO Federica Marchionni, Women in the World Summit, Apr. 23.
Is Tory Burch on the dais, outfitted in her own designs, talking about how women need to believe in themselves more? How about Diane von Furstenberg, saying, “I have never met a woman who is not strong”? Perhaps Jessica Alba, the actress and co-founder of the Honest Company, which markets nontoxic household products, is in a white armchair, asking Gloria Steinem for “tips for how women can excel in the workplace.” Talk of “finding your power,” followed by a discussion on the glass ceiling (or some approximation), “balance” (as if it existed), and securing a mentor (famously easier for men)—these are all indicators, too.
If Tina Brown, the celebrated former editor of Vanity Fair and the New Yorker, is there, you know you’ve reached the summit, literally. Her annual Women in the World Summit, a venture she launched in 2010, has done so well that it sold out 2,500-seat venues four years running and expanded overseas, showing that it was possible to monetize female rage. People pay up to $300 per day to attend, and the summit was profitable from its very first year, thanks to sponsorships by such blue-chip backers as Toyota Motor, Dove, Google, and MasterCard. October’s inaugural Women in the World London was packed morning to night with activists from around the world reliving their struggles, movie stars sharing life secrets, politicians, and royalty. During breaks, women milled around a crowded lounge, nibbling on popcorn and tweeting. Adding to the Burning-Man-for-feminists vibe, a gal in a camel’s hair coat passed out postcards soliciting donations for a Mary Wollstonecraft memorial (“from well before the Suffragettes!”). When asked why she was there, Eddie Harrop, a young handbag designer with a cascade of blond hair, said, “I want to be inspired.” Haseena Latheef, the founder of an ethical online fashion retailer, chimed in that she was also seeking motivation. “You think you’ve got issues in life,” she said, “and then you hear what these women are up against.”
Stefanie Ascherl, an entrepreneur in her early 30s and a women’s conference regular, said these events restore hope. “I think a lot of times, being a woman, we’re expected to do everything—have a family, be productive in business. It’s overwhelming,” Ascherl said, fresh from the Pennsylvania Conference for Women, which attracted 8,000 women to hear Alba, Steinem, and Rachael Ray, among others. She added that expectations of being thin and perfect-looking only add to the stress. “When I come to these events and see all of these women doing all these amazing things—it’s pushing me and motivating me to go forward,” she said. “I wonder—if men just sat down and let women do things, maybe some amazing things would happen.”
There wasn’t much time to contemplate the question, because as soon as Women in the World wound down, more summits were about to begin. In fact, it was possible to spend almost every single day last fall at a women’s empowerment or networking event of some kind. The Monday following Brown’s event saw the opening evening of Fortune’s Most Powerful Women Summit, geared toward high-level women in the corporate world. Before that lavish three-day extravaganza closed, two more competing women’s conferences were vying for social media attention: the Women’s Forum Global Meeting, in Deauville, France (“to strengthen the influence of women throughout the world”), and the Grace Hopper Celebration of Women in Computing, in Houston (hashtag #OurTimeToLead).
Rep. Carolyn Maloney (D-N.Y.) wants to force publicly traded companies to disclose the gender, race and ethnicity of their board nominees when soliciting shareholder votes.
In a letter to Securities and Exchange Commission (SEC) Chairwoman Mary Jo White on Monday, Maloney applauded the the agency’s challenge to all Fortune 1000 and S&P 500 companies to set a target of 40 percent women on their corporate boards by 2025.
“In order to meet this target, I urge the SEC to adopt a proposed amendment to proxy statement disclosures to require the clear indication of each board nominee’s gender, race, and ethnicity,” she said. “This proposal, submitted by the leaders of several large public pension funds, will allow investors and policymakers to evaluate companies’ progress towards the ambitious 40 percent goal.”Her letter is a response to the Government Accountability Office report released Monday, which found that women make up just 16 percent of seats on corporate boards.
Even if equal proportions of women and men joined boards each year beginning in 2015, the report said, it could take more than four decades for women’s representation on boards to be on par with that of men’s.
“That means a girl born today will still face the same disparities in the boardroom that her mother and grandmother faced” Maloney said in a news release. “At a minimum the SEC should update its deeply flawed diversity disclosure requirements, so that corporations have to report gender diversity.”
In her letter to the SEC, Maloney said even companies without a formal policy in place do better with women on their boards or a female CEO. She cited a recent report published by MSCI, which found that companies with “strong female leadership” generated a higher return on equity and valuation than companies lacking female leadership, and a 2014 Credit Suisse report that found companies with at least one woman on their board outperformed other companies by 5 percent.
Why are women still underrepresented at every level of today’s corporations? McKinsey has been studying this issue again.
In addition to all of the other reasons women do not obtain seats on corporate boards, the longevity of some board members (20 years) limits vacancies. The huge compensation for very little time spent at board meetings increases the attractiveness for board members to remain in place. But this article is about the monies – follow the article to follow the money.
Do child marriages really happen in the US? In NYC? Another form of human slavery?
Child Marriages – Can It Happen Here? – New York Times.
Gratitude and thanks for all we have are especially important during this holiday season. We are thankful to our members and supporters for all they do for women and families here and around the world. We are thankful we live in the United States of America where women have choices: careers, marital status, residence, friendships and freedom to voice our opinions. We are not a perfect country. There are still struggles for women and families, but every year we make strides through our advocacy programs.
Thank you for being you.
On October 21, 2015 NYS Governor Andrew Cuomo signed a selection of the women’s equality bills that were passed during the 2015 legislative season. As noted in the press release from the Governor’s officethe new laws will:
A number of advocates and leaders including PowHerNY partners, Enterprising and Professional Women -NYC, A Better Balance, the National Organization for Women, and others have worked for years to get the above legislation passed. The accomplishments we can have when we all work together for the good of the women of NY and their families.