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BP, Safeway win 2006 Catalyst Awards Recognized for initiatives to advance women
The awards will be presenting at Catalyst’s Annual Gala Dinner March 16 in New York. The event will be hosted by Microsoft CEO Steve Ballmer. Catalyst has honored strategic business initiatives that result in the recruitment, development, and advancement of women in the workplace annually since 1987. The group shapes public opinion on women’s and business issues through research, advisory services for member companies, conferences, and the Catalyst Award. “Catalyst Award winners understand that in today’s global marketplace, advancing women and promoting diversity is a strategic business imperative with bottom-line impact,” said Catalyst President Ilene H. Lang. “Their leadership recognizes the advantage of building a diverse management team that reflects their customers and employees and reaches new markets. As drivers of positive change, these three outstanding initiatives are innovative and replicable, with significant, measurable results.” “In creating accountability, demanding more representative management teams, empowering employees to take charge of their careers and advancement, and requiring a steadfast commitment to diversity, this year’s winning initiatives exemplify the Catalyst mission—to build inclusive environments and expand opportunities for women at work,” the group said in a statement. BP takes global path BP’s Global Path to Diversity and Inclusion aims to further prepare the company for the new global marketplace by continuing to diversify its employee base, with particular emphasis on local representation in varied geographic markets, Catalyst said. “As a global company, BP understands that what constitutes diversity varies greatly across regions and encompasses characteristics such as gender, race, ethnicity, nationality, language, sexual orientation and identity, religion, and tribe. BP … communicates this concept of diversity throughout the organization, and works to ensure that its locally based leadership reflects the communities in which the company operates.” Led by a team of diversity and inclusion practitioners, BP’s initiative comprises a range of programs, including career development offerings for diverse, high-potential employees; a diversity and inclusion index which tracks employees’ perceptions; global diversity networks; and dynamic workshops on issues related to gender, race, and nationality. Accountability measures are rigorous and transparent: Performance contracts rate executives on behaviors (including those related to diversity and inclusion) and business results, and these ratings directly impact bonus pay. In addition, all D&I targets are tracked quarterly; if goals are not met, leadership intervenes, Catalyst reports. Safeway champions women Safeway’s “Championing Change for Women: An Integrated Strategy” features “comprehensive career development and mentoring programs combined with rigorous tracking and accountability systems, which have resulted in the substantial advancement of women— including women of color—to management positions,” Catalyst reports. “Safeway seeks to promote management talent from within, drawing from all levels, including entry-level store employees, to fill its leadership ranks. Diversity Advisory Boards, which work with division and corporate leaders, support the initiative, providing strategic direction on issues of diversity and inclusion; observing progress on diversity goals; and playing a role in maintaining consistency across locations, according to Catalyst. “Driven by an emphasis on advancing all talent and monitored through rigorous tracking and accountability systems, the initiative features such innovative elements as a mentoring program that requires all managers to mentor diverse talent and the Retail Leadership Development program, which trains retail employees to be store managers, a path which can lead to corporate management. Safeway "tracks the success of its programs by ensuring that compensation and advancement criteria include employees’ abilities to meet diversity goals," Catalyst said. “This emphasis on accountability ensures results: Since 2000, there has been a 40 percent increase in the representation of women in store management ranks, a 34 percent increase in the representation of white women, and a 65 percent increase in the representation of women of color." Catalyst reported that Safeway’s representation of women at the vice president level rose from 12 percent in 2000 to 25 percent in 2005. These award-winning companies will present in-depth discussions of their initiatives at the 2006 Catalyst Awards Conference at the Grand Hyatt in New York on March 16. Later that evening, Steve Ballmer, CEO of Microsoft Corporation, will chair the 2006 Annual Catalyst Awards Dinner at the Waldorf-Astoria, which will honor this year’s winners. Past dinners have attracted more than 1,500 guests representing 260 companies and more than 75 CEOs and industry leaders. Previous Catalyst Award winners include Accenture, Avon, Deloitte & Touche, General Mills, Procter & Gamble, Sara Lee Corporation and SC Johnson.
CPGjoblist and S&D Coffee have hot idea Firms join growing roster of Network sponsors S&D Coffee and CPGjoblist are the latest corporate sponsors of the
Network of Executive Women. The new sponsorships are part of a fifth
anniversary surge of support that includes the upgrades of
Kellogg's and Kraft to Title Sponsor and Campbell's and Hershey to
Platinum.
Friends of the Industry banks NEW scholarships Donation presented at FMI Midwinter event The Friends of the Industry is putting its money where its heart is.
The industry group donated $15,000 to underwrite Network scholarships
in 2006. The presentation was made January 22 at the Food Marketing
Institute’s 2006 Midwinter Executive Conference in Scottsdale, Ariz.
NEW regional events focus on empowerment Network and learn in Arkansas, N.Y. and Michigan The Network of Executive Women will host three more winter networking
and learning events in the coming weeks. All members and supporters are
urged to attend.
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