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Jun 26,2017

Gender Leadership for the Future of Women and Girls

By Edie Fraser, Chairman, STEMconnector® and Million Women Mentors Thanks to Credit Suisse for hosting STEMconnector®’s Global STEM Talent Initiative and Million Women Mentors® (MWM) representatives here at Credit Suisse London Headquarters at this gender and inclusion Forum for Million Women Mentors® (MWM). Acknowledge this special day as we celebrate progress on the gender front and commit to the future, seeking numbers that show greater advancement. Set plans and beat the goals to mentor, sponsor, and advocate! Do whatever it takes to drive change. As a sponsor of STEMconnector® and Million Women Mentors®, Credit Suisse plays an important role in helping advance the goal of gender mentorship and leadership in the IT industry. Laura Barrowman, Credit Suisse’s Chief Technology Officer, serves as the Credit Suisse “Executive Champion” for the Million Women Mentors movement. Together with companies like Credit Suisse, we can make a noticeable difference in the gender landscape through a combination of sponsorship and mentorship. This forum and our research together provide the chance to understand gender in England, Europe, and global base lines including those from the USA and work together to advance women and girls. Let us also recognize organizational partnerships that are changing the face of women in science, technology, engineering and finance. Million Women Mentors® (MWM) is close to 2 million in mentoring commitments that reach towards at least 20 hours a year from academic schools all the way up the corporate pipeline. Recognize the work of many organizations and the role of the private sector. We also focus on our public sector leaders driving commitments as well as the hundreds of women organizations making advancement a reality. Review Credit Suisse Gender 3000: The Reward for Change. This report is produced by the Credit Suisse Research Institute and discusses the global impact of gender diversity, beyond the financial services sector. It is based on a proprietary database of the 3,400 companies in the Credit Suisse Gender database. Gender diversity is key. This report reviews: The Rewarding Change in the Boardroom; The Women and Management in 2016; The 50% club; Female CEOs; Gender in Microfinance (Where women begin to gain some leverage); and perspective on venture capital and entrepreneurs and “Women Investing in Women.”    In 2016, The World Economic Forum highlighted the importance of encouraging more European women to go into ICT (Information and Communication technologies) which could in turn boost the EU’s GDP by 9 billion pounds a year, according to the European Commission. More than a decade ago, the Council of European Municipalities and Regions launched a European Charter for equality in May 2006. The percentage of women on boards varies significantly between countries. It ranges from a high in Norway (38.7%) and Sweden (34.6%) to a low in Spain (18.8%) and Switzerland (16.1%). Quotas are contributing to increased board diversity in some countries. Belgium, France, Germany, Italy, and Norway all had mandatory quotas from 2011–2015 and continue to diversify. France boasted the largest increases in percentage points in female board membership. With a 12-month countdown, some 7,000 UK companies will report board and advisory board results. The new gender quotas in France for boards and secondary boards have set a tough target. Credit Suisse’s research reports a 54% increase in board diversity since 2010. There is a wide disparity between countries despite all the studies showing stronger financial performance based on gender diverse boards. Women in corporate management are increasing. However it is increasing slowly from the 3,400 country data in the Gender 3000: Credit Suisse Report. Women business heads have increased from 8.5% in 2014 to 9.9% in 2016. In Europe, operations roles increased slightly and CEOs remained around 3.9% (same as 2014). USA Women CEOs hover in the 6% range. There is a long way to go before reaching parity and decades of work to come. Those advancing results can attribute male leaders committing to gender success. Diversity is growing in Asia with 22.2% women in Finance and Strategy. In a spring issue of Board Agenda, one article on “Mind the Gender Pay Gap” reports that new regulations require large private sector UK companies to publish yearly gender-based pay statistics. Other European initiatives pinpoint rewarding gender diversity achievements within major companies, as well as areas such as entrepreneurship and venture capital support. Venture capitol gender leadership is increasing and some 22% of gender leadership is from owners and directors to associates. Europe is supporting the growth of women entrepreneurs, just as we are at Million Women Mentors®. Nearly 10 million women are contributing to the bottom line in the US. To give you one example, on May 3, 2017, the Women Startup Challenge Europe showcased 10 amazing, women-led tech startups at a pitch competition held at City Hall in London. Venture capital for women entrepreneurs is beginning to grow in Europe and the USA. The lack of women in IT is a global, not just an American, problem. International Girls in ICT Day on April 28th, 2017, addressed the gender imbalance by encouraging and empowering girls and women to consider careers in computing. It called on governments and technology companies to do more to provide opportunities in the industry. Women in developed countries represent 26% of the STEM workforce and less in developing countries.  Let’s take a quick look at women in finance and insurance. Currently, women in Sweden and Norway have the highest representation in finance overall. Japan and South Korea have the lowest. In finance and insurance, we salute Finland for working to move to 60.9 % women followed by France and Germany (source: Oliver Wyman, 2016). According to Grant Thornton International, women hold 25% of senior management roles in the global financial services industry. Study shows that women held 18 percent of global CFO roles, and the latest CS Report shows 14.1%.  Women’s Equality Day is August 26th each year, and November is Science and Technology Month. Why can’t every day be celebrated for gender gains in science and technology and every day a commitment to change the numbers? Consider that up to 80% of jobs today require tech skills, and tech jobs are an answer to parity and pay equity or close to it.  All STEM jobs pay women close to parity; in tech, women are paid about 96 cents on a dollar compared to what women are paid across the board, 77 cents. Gain STEM skills, especially tech skills, and make tech careers a national priority. Read the McKinsey Global Institute (MGI) report, The Power of Parity: How Advancing Women’s Equality can add $12 Trillion to Global Growth. Gender advancement in STEM and tech is about economic opportunity and equality. Join me in saluting the roles that other Million Women Mentors® supporters are playing and let me provide two examples. Two examples: TCS and PepsiCo and other companies and organizations are driving change and building a clarion call for all to make commitments.   Join with them our own Million Women Mentors® (MWM) movement. Move the needle together far more quickly as we drive success. This means that we start with girls and look for progress for women through every stage up to senior management and to corporate boards. Back to April 28, 2016: Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, was named Platinum winner in the 'Empowerment of Women Award' category at the Global CSR Conference and Awards, recently held in Bali, Indonesia. TCS has built our Million Women Mentors® web site and has been at our side, along with PepsiCo, and so many others. I had the honor of writing a blog with PepsiCo CEO, Indra Nooyi, back in 2015, and we said about Million Women Mentors®:  “We’ve already seen some amazing progress, but imagine what could happen if every STEM professional made a commitment to mentoring one-on-one for just two hours a month. We could truly change the game.” Poet and author Maya Angelou said, “In order to be a mentor, and an effective one, one must care.” We all care about the phones in our hands, the computers on our desks, and the cars that we drive. But we must care even more about the girls who want to invent, explore, and discover the newest tools and gadgets. As Melinda Gates has recently said, we can’t go to the same old elite institutions to recruit and train and expect to reach all organizations and institutions.  We need to assure that we move the needle beyond white affluent women and girls. Diversity is America today, and as I have preached for 30 years, whites will be the minority by 2050 or sooner, and already minorities are the majority in five states. We have no choice--build the mosaic now! Tech skills impact 80% of jobs today. Women comprise about 24% of the tech and computer science industry, but this percentage has been declining or static for the past decade in the USA, and in most countries men are jumping ahead.  Most high school and university gender numbers are poor as are the requirements to teach computer science in all schools. Jobs are open in every area of tech, and we must mentor, sponsor, offer great jobs, and share our successes. We must push to advance women and girls. Role models are vital. Write your own stories and blogs. Speak out and act, and most importantly, execute and report results. We released 100 CEO Leaders In STEM, 100 CIO Leaders, and 100 Diverse Leaders.  You can look for the 2nd edition and release of 100 Women Leaders in STEM by October, 2017.  Back to the USA: The “Fearless Girl” is a symbol on Wall Street now staring down the bronze “Charging Bull.” The “Fearless Girl” represents the desire to build equality for finance (and STEM and tech) and has gained millions of media impressions and new commitments. Join together as fearless leaders and mentors achieve STEM success and gain great tech jobs in a world where tech is dominating finance and every other area. All of us can be catalysts for gender action, and girls and women can—and will—build our economic future, financial achievement, and success. Tech underlies all we do, so act now and COMMIT to mentor and sponsor as we join together to drive RESULTS. 

May 23,2017

MWM May 2017 Newsletter

Check out our May newsletter! It contains great examples of events happening around the country, including in South Carolina, Tennessee, California and more! You can see it by clicking here.

May 15,2017

South Carolina Pledges 5,000 Mentors to Million Women Mentors® State Efforts Announced to Advance Girls and Women in STEM

This week, Million Women Mentors, in partnership with South Carolina is proud to announce 5,000 new commitments to mentor a girl or young woman in STEM skills. The national goal of the movement has garnered over 1.8 million pledges for mentoring girls or women in Science, Technology, Engineering and Math (STEM) professions in four years, to collectively increase the interest and confidence of girls and young women in these academic areas.  Over 800,000 of these pledges have been completed thus far.  South Carolina is joining over 40 states by pledging 5,000 mentors. MWM-SC will host its first STEM Symposium on Wednesday, May 17 at River Bluff High School in Lexington, SC.  Speakers include Molly Spearman, South Carolina Secretary of Education, Sheila Boyington, President, Learning Blade and State Chair for Million Women Mentors and a student panel sharing their mentoring experiences. National companies and organizations like BP, PepsiCo, TATA Consulting, DuPont, Cisco and Apollo Education Group, are also committing to mentor girls and young women in STEM fields. By taking the pledge at www.MillionWomenMentors.org, states, organizations and corporations are committing to mentoring a young woman for a minimum of 20 hours through suggested mentor pathways. MWM-SC is being led by the only student leader nationally, Iriana Molusky, a 2017 graduate of River Bluff High School in Lexington, SC who plans to pursue her education The University of Alabama as a civil/construction engineering major. Molusky’s passion for STEM started as an elementary student who participated in LEGO Robotics and building with LEGOs.  Through her volunteering and personal education experiences, she recognized the lack of girls in STEM classes and activities.  Iriana commented, “As a high student, I realized the challenges that exist for girls interested in STEM.  Bringing MWM to SC will help girls and young women pursue mentoring relationships to support their interest in STEM.” South Carolina has recruited high paying STEM-related jobs to the state and has an excellent PK – 16 educational system to support STEM education. By communicating and engaging current employers, civic organizations, and our communities about the available support for women and girls interested in STEM careers and of the need for additional support, it will ensure that South Carolina has a future workforce that will continue to meet the long term needs of its employers and its citizens. “As a technical college administrator, I am excited to see South Carolina join the national Million Women Mentor movement of advancing women and girls interest and confidence in Science, Technology, Engineering, and Mathematics (STEM) Careers and education,” remarked Dr. Donna Foster, Piedmont Technical College.   Corporate involvement is also critical in the movement and several companies are engaged including SCANA Corporation.  Chris Brady Wolfe from SCANA, stated “Mentoring is important to our business community because it serves as an impactful tool to develop people through trust and relationships, and that’s what great business is all about.  Mentoring someone can make a huge impact on somebody’s career and life, just as it did on mine.” “As a nation, women are underrepresented in STEM fields with 50 percent of the entire workforce in all fields being women, but only 24 percent of workers in STEM fields are women.   The Million Women Mentors movement is working nationally to change that and we are excited to welcome SC to 42 states engaged, “ said Sheila Boyington, MWM National States Chair. MWM-SC Steering committee is represented by: Dr. Ashley Daugherty, Nephron Pharmaceuticals Dr. Donna Foster, Piedmont Technical College Latia Gary, Westinghouse Carmelina Livingston, S2TEM Centers SC Iriana Molusky, State Chair, River Bluff High School Student Mary Molusky, Community Volunteer Dr. Kaye Shaw, SC Department of Commerce Chris Brady Wolfe, SCANA Ebony Young, Unique Interventions for Youth Justice Young, Anderson University, Student About Million Women Mentors Million Women Mentors, a community outreach effort of STEMconnector®, is a movement to have millions of Science, Technology, Engineering and Math (STEM) mentoring relationships to increase the interest and confidence of girls and women to persist and succeed in STEM programs and careers. MWM is an initiative of STEMconnector in collaboration with over 60+ partners reaching over 30 million girls and women, 45+ corporate sponsors, and 40+ state leadership teams. To learn more, visit http://millionwomenmentors.org/

Apr 05,2017

MWM Launches Video in Celebration of Recent Award

Edie Fraser, CEO of STEMConnector and Million Women Mentors was a recent recipient of the 2017 Enterprising Women Advocacy Award. This award is an annual tribute to the world’s top women entrepreneurs and is a representation of the hard work that Edie and her teams have put into these organizations. In honor of the hard work and dedication that goes into the organization, MWM has launched a video in celebration of the team.  MWM started in January of 2014 with the goal of advancing women and girls in STEM through mentoring. Thanks to a dedicated team MWM has grown into a national movement and has gained over 1,826,849 pledged mentoring relationships! This is all made possible with the help and support from government officials, countless corporate sponsors and partners that work alongside our dedicated staff. We look forward to continued success with MWM and would like to invite you to join us at our next National Summit in Washington, DC on October 23 and 24, 2017. Check out the video here! About Million Women Mentors: Million Women Mentors supports the engagement of one million Science, Technology, Engineering and Math (STEM) mentors (male and female) to increase the interest and confidence of girls and women to persist and succeed in STEM programs and careers. MWM is an initiative of STEMconnector in collaboration with over 60+ partners reaching over 30 million girls and women, 60+ corporate sponsors, and 39+ state leadership teams. For more information on MWM, please visit www.MillionWomenMentors.org. About STEMconnector®: STEMconnector®, a Diversified Search company, is a consortium of companies, nonprofit associations, and professional societies, STEM-related research & policy organizations, government entities, universities and academic institutions concerned with STEM education and the future of human capital in the United States. STEMconnector® is both a resource and a service, designed to link “all things STEM” through a comprehensive website and portfolio of products that connect national, state and local STEM entities. The STEMconnector® website contains profiles of STEM-related entities and details ‘Who is Doing What’ in STEM education throughout the world. For more information on STEMconnector®, please visit www.stemconnector.org

Jan 16,2017

STEM Advocate and Science Cheerleader, Talmesha Richards Ph.D., Addresses Witter Elementary in Tampa

Richards challenged stereotypes and encouraged youth to pursue STEM careers Tampa, Fla. – On January 13, 2017, Talmesha Richards Ph.D., chief academic and diversity officer at STEMconnector® and Science Cheerleader, addressed students and teachers at Witter Elementary. Dr. Richards shared her personal story with students and teachers to challenge stereotypes and encourage youth to pursue STEM careers. She shared insights on motivating kids by pairing gaming with education, and using TiViTz, the popular math game to spark kids interest in STEM. “Games open up a world where STEM is not perceived as hard but rather as fun,” said Dr. Richards. “In 2017, tablet and computer based games will continue to strengthen their presence in the classroom. Kids learn in so many different ways and non-traditional options like games will appeal to a whole new set of future STEM professionals.” “STEMconnector® is proud to work with our member TiViTz because it is such a strong example of how blending gaming with math and strategy can produce measurable results for kids,” said Dr. Richards. “In fact, recent reports have shown that students who play TiViTz can improve their math scores by as much as 30 percentile points.” Dr. Richards joined TiViTz creator Steve Scully at Witter Elementary as part of the new TiViTz Microsoft Office 365 Challenge. Classrooms at Witter Elementary and across Hillsborough County are playing TiViTz through O365 to win prizes. Learn more at http://www.tivitz.com/Hillsborough. About Talmesha Richards Dr. Richards earned her Ph.D. in cellular and molecular medicine from the John Hopkins School of Medicine. As an NFL Cheerleader for eight years, Richards is also a member of Science Cheerleaders, a group of professional cheerleaders in STEM careers working to inspire young people to connect with science and consider STEM careers. As an executive at STEMconnector®, she manages a portfolio of projects including the STEM Higher Education Council and the global strategy for Million Women Mentors. http://stemconnector.org/   About TiViTz The TiViTz math and strategy game motivates kids by pairing gaming with STEM education. On tablets, at home and in classrooms, TiViTz taps into the intrinsic motivation of children to create an approach to mathematical learning that is fun, challenging, and competitive. More than 400,000 students and more than 10,000 teachers agree — TiViTz makes math FUN! http://www.tivitz.com

Jan 16,2017

Million Women Mentors–Virginia Hopes to Inspire Future STEM Leaders at Change Agent Fair

Representatives of MWM-VA will take part in the upcoming Presidential Inauguration Leadership Summit Change Agent Fair. WASHINGTON D.C. January 17, 2017 – Million Women Mentors–Virginia (MWM-VA), an effort co-led by Dr. Carole Cameron Inge of the Institute for the Commercialization of Technology, Inc. and Jennifer Bisceglie, CEO of Interos, will participate in the Presidential Inauguration Leadership Summit Change Agent Fair at 11:15 a.m. on Thursday, January 19 at the EagleBank Arena in Fairfax, Virginia. Representatives of MWM-VA will meet with small groups of students until 12:45 p.m. to discuss their mission to support girls and women in STEM by providing one million STEM mentors. Students attending the Change Agent Fair will participate in simulations consisting of six delegations, including Women and Global Leadership, and work toward finding solutions to pressing global challenges. The Fair is part of this year's Presidential Inauguration Summit, a program designed to inspire and embolden ambitious students from across the country. In addition to the Change Agent Fair, Summit Delegates will witness the 58th Presidential Inauguration and attend speeches by world-renowned speakers. “The Change Agent Fair offers Million Women Mentors–Virginia a unique opportunity to educate students from across the country about our mission as an organization. With this event, we hope not only to attract mentors but also to inspire a confidence in girls who have the potential to be our nation’s future STEM leaders.” – Dr. Carole Cameron Inge, MWM-VA Co-Chair, Founder The event is expected to attract over two thousand middle school, high school, and college students, as well as educators and parents. Reporters and interested parties are encouraged to contact MWM-VA with any further questions. For more information regarding the Presidential Inauguration Leadership Summit, please visit www.envisionexperience.com. To learn more on how you can become a mentor, or how to participate in Virginia or other state efforts with Million Women Mentors, please register online at www.MillionWomenMentors.org. About Million Women Mentors: Million Women Mentors supports the engagement of one million Science, Technology, Engineering and Math (STEM) mentors (male and female) to increase the interest and confidence of girls and women to persist and succeed in STEM programs and careers. MWM is an initiative of STEMconnector in collaboration with over 60+ partners reaching over 30 million girls and women, 60+ corporate sponsors, and 39+ state leadership teams. For more information on MWM, please visit www.MillionWomenMentors.org. About STEMconnector®: STEMconnector®, a Diversified Search company, is a consortium of companies, nonprofit associations, and professional societies, STEM-related research & policy organizations, government entities, universities and academic institutions concerned with STEM education and the future of human capital in the United States. STEMconnector® is both a resource and a service, designed to link “all things STEM” through a comprehensive website and portfolio of products that connect national, state and local STEM entities. The STEMconnector® website contains profiles of STEM-related entities and details ‘Who is Doing What’ in STEM education throughout the world. For more information on STEMconnector®, please visit www.stemconnector.org ### FOR IMMEDIATE RELEASE CONTACT: MWM-VA: Dr. Carole Cameron Inge: (540) 837-2175, cinge@stem-leaders.com MWM-VA Director of Communications: Brooke McClary: (540) 837-2175, bmcclary@elon.edu MWM State Initiatives: Sheila Boyington: (423) 309-3667, Sheila@thinkingmedia.com