Empowering Women Leaders
Investing in the leadership of the high-potential women at your organization isn’t just the right thing to do, it’s a business imperative.
Research shows that organizations that prioritize advancing women to top leadership roles benefit from increased employee satisfaction; engagement; retention; and bottom line business results.
Better Financial Performance | Companies with higher numbers of women at senior levels are also companies with better organizational and financial performance.
– McKinsey & Company, Women Matter report
Outperform the S&P | Stocks of Fortune 500 companies with women CEOs rose an average of 50% in 2009, compared to the benchmark for U.S. stocks, the S&P 500, which rose an average of 25%.
– The National Association for Female Executives
COST-EFFECTIVE, BIGGER IMPACT
When you invest in a Smith Custom Program, there is a greater impact than when enrolling women in open enrollment programs alone. A custom program is tailored to your specific needs and allows your organization to more swiftly and cost effectively move more women up the leadership pipeline.
Your needs and goals come first at Smith:
- Programs are aligned to your company’s strategic mission, operating goals, culture, and business needs
- Programs are built to augment or complement existing leadership development programs or initiatives in your organization
- Course content and hands-on simulations are customized and based on the leadership competency requirements identified within your company
- Course design and its components are continuously improved and refined, based on ongoing assessment and evaluations that identify the business outcomes that are most critical to your company.
It’s about you, not us.
Leadership Case – Johnson & Johnson
More than 1,000 women at Johnson & Johnson have attended Smith College Executive Education leadership programs
In 2002, JoAnn Heisen, then Chief Global Diversity Officer, Executive Committee Member, and founder of the industry leading Women’s Leadership Initiative (WLI) at Johnson & Johnson (J&J), came to an uncomfortable realization:
The group of 20 women J&J was sending Smith open enrollment programs each year was indeed producing powerful results, but moving only 20 women through the programs each year was not enough. At that pace, the company’s pressing need for strong female executives ready to take J&J to the next level would never be met. And they would certainly never meet their ultimate goal, to be the #1 company in the world for women executives.
J&J had to make a big statement. They partnered with Smith College Executive Education to increase the rate at which their high-potential women were being prepared for leadership. Smith worked closely with J&J to design and deliver a custom program that provided transformative leadership development to many more high-potential women using Smith’s signature all-women model.
More than 240 women per year attended three Smith-J&J Custom Leadership programs in the U.S. and Asia. Since 2002, more than 1,000 high-potential female managers and executives have been through the programs.
The result? The female executive ranks at J&J have grown from just 300 in 1995 to more than 2,000 today.
“There is no doubt that Johnson & Johnson has benefited enormously from Smith’s programs,” said Heisen. “Our women rave about the experience. To attend one of Smith’s sessions is worth its weight in gold on their resume.”
And J&J executives aren’t the only ones raving about the experience. Today, J&J is considered one of the benchmark companies for developing, promoting, and retaining exceptional women executives.