CBE Screen Shot presentation
1
DOES YOUR COMPANY MATTER? Diversity Squares Byron Loflin Kaley Childs Phil Neiswender
2
The highest form of generalship is to conquer the enemy by strategy. - Sun Tzu, Art of War
3
A Hierarchy of Statements Vision What the company wants to be
Mission Why the company exists
Values What the company believes in
Strategy What is the company’s competitive game plan
Balanced Scorecard How the plan is implemented and measured
4
5
What’s in a name?
2013 Percentage of S&P 1500 board seats held by women and men.
Women, 15.50%
Men named John, Robert, William or James, 15.90% Men with other names, 68.60%
Source EY: “Diversity drives diversity
6
Percentage of board seats held by women 22
Fortune 100 = 20% S&P 500 = 18%
20
18
16
14
12
10
8 2006
2012
2013
2014
S&P Composite 1500 Source EY: “Diversity drives diversity
7
Is diversity strategic?
8
Global efforts Examples of global efforts towards diversity: (Either mandate or goal)
• Finland – 40% • France – 40%
• Norway – 40% • Belgium – 33% • UK – 33% (voluntary w/ widespread adherence)
• Germany – 30% • Malaysia – 30% (new appointments) • Pearl Initiative in the UAE – 30% women on member boards
• Israel – Minimum 1 women member • India - Minimum 1 women member
9
Macy’s Board 46% Women 31% Non-white Macy’s CEO / Chair Terry Lundgren (male) has remarked that he likes a board that reflects his customer base in gender and ethnic diversity, “so he can stay attuned to trends in how different people shop.”
10
Board Composition Over The Years 1960’s
Taken from Mad Men
2000’s
Enron’s Board of Directors
11
Board Composition Evolution 2015
Target’s 2015 Board, 30% Female, 30% Non-White
12
Future Board Composition?
Navient Board of Directors. 58% Female. 23% Non-White
13
40% or Greater Women on the Board Alaska Air Group, Inc.
Ingredion Inc.
Alliant Energy Corporation
Interpublic Group of Companies, Inc.
American States Water Company
Kate Spade & Company
American Water Works Company, Inc.
Laclede Group, Inc.
Ann, Inc.
LTC Properties
Avon Products, Inc.
Macy’s, Inc.
Boston Private Financial Holdings Inc.
Principal Financial Group, Inc.
Coach, Inc.
Publix Super Markets Inc.
Dr Pepper Snapple Group, Inc.
Redwood Trust, Inc.
DSW, Inc.
Target Corporation
EarthLink, Inc.
Texas Instruments, Inc.
Estée Lauder Companies, Inc.
Tupperware Brands Corporation
Five Star Quality Care Inc.
Wells Fargo and Company
General Motors Company
WGL Holdings, Inc.
Hologic, Inc.
Williams-Sonoma, Inc.
HSN, Inc.
14
15
Moving forward Diversity is a strategic differentiator
DOES YOUR COMPANY MATTER? Diversity Squares Byron Loflin Kaley Childs Phil Neiswender
2
The highest form of generalship is to conquer the enemy by strategy. - Sun Tzu, Art of War
3
A Hierarchy of Statements Vision What the company wants to be
Mission Why the company exists
Values What the company believes in
Strategy What is the company’s competitive game plan
Balanced Scorecard How the plan is implemented and measured
4
5
What’s in a name?
2013 Percentage of S&P 1500 board seats held by women and men.
Women, 15.50%
Men named John, Robert, William or James, 15.90% Men with other names, 68.60%
Source EY: “Diversity drives diversity
6
Percentage of board seats held by women 22
Fortune 100 = 20% S&P 500 = 18%
20
18
16
14
12
10
8 2006
2012
2013
2014
S&P Composite 1500 Source EY: “Diversity drives diversity
7
Is diversity strategic?
8
Global efforts Examples of global efforts towards diversity: (Either mandate or goal)
• Finland – 40% • France – 40%
• Norway – 40% • Belgium – 33% • UK – 33% (voluntary w/ widespread adherence)
• Germany – 30% • Malaysia – 30% (new appointments) • Pearl Initiative in the UAE – 30% women on member boards
• Israel – Minimum 1 women member • India - Minimum 1 women member
9
Macy’s Board 46% Women 31% Non-white Macy’s CEO / Chair Terry Lundgren (male) has remarked that he likes a board that reflects his customer base in gender and ethnic diversity, “so he can stay attuned to trends in how different people shop.”
10
Board Composition Over The Years 1960’s
Taken from Mad Men
2000’s
Enron’s Board of Directors
11
Board Composition Evolution 2015
Target’s 2015 Board, 30% Female, 30% Non-White
12
Future Board Composition?
Navient Board of Directors. 58% Female. 23% Non-White
13
40% or Greater Women on the Board Alaska Air Group, Inc.
Ingredion Inc.
Alliant Energy Corporation
Interpublic Group of Companies, Inc.
American States Water Company
Kate Spade & Company
American Water Works Company, Inc.
Laclede Group, Inc.
Ann, Inc.
LTC Properties
Avon Products, Inc.
Macy’s, Inc.
Boston Private Financial Holdings Inc.
Principal Financial Group, Inc.
Coach, Inc.
Publix Super Markets Inc.
Dr Pepper Snapple Group, Inc.
Redwood Trust, Inc.
DSW, Inc.
Target Corporation
EarthLink, Inc.
Texas Instruments, Inc.
Estée Lauder Companies, Inc.
Tupperware Brands Corporation
Five Star Quality Care Inc.
Wells Fargo and Company
General Motors Company
WGL Holdings, Inc.
Hologic, Inc.
Williams-Sonoma, Inc.
HSN, Inc.
14
15
Moving forward Diversity is a strategic differentiator
