Quote I’m pondering:
“A smile is a curve that sets everything straight”
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On my reading list:
Fortune Magazine: Cover story The 50 Most Powerful Women 21st Edition. This is a very interesting glimpse into the achievements of 50 of the world’s most powerful women from a corporate perspective. Number one on the US list is Marillyn Hewson, CEO of Lockheed Martin. Of particular interest to me is that fact that she is 64 years old. The youngest person on the US list is Amy Hood, 46, of Microsoft.
The oldest person on the US list is Bonnie Hammer, 68, of NBCUniversal Cable Entertainment and Studios, Comcast. Also of note is Beth Ford, 54, the first openly gay CEO at Land O’Lakes. And we have a South Florida success story: Ann Marie Campbell, 53, from Home Depot started at Home Depot as a cashier in South Florida 33 years ago. On the international list, the youngest person is 37 year old Yang Huiyan of Country Garden Holdings in China. The oldest person is 67 year old Nayla Hayek of Swatch Group in Switzerland. I did a tally (because I’m that person who always counts things) and in the US there are more 55 year old leaders and outside the US there are more 54 year old leaders. I think this speaks volumes about maturity and experience and the values they bring. There is some sobering news that the number of Fortune 500 women CEOs dropped from 32 in 2017 to 24 in 2018. Hopefully 2019 will see an upward trend.
Meetings this week:
I was at the ChallengeHer event in Miami, were you? There were over 400 women in attendance and we learned all sorts of very interesting information about how to do business in the federal space. We heard from buyers and successful women business owners. The SBA showed us a couple of websites where you can find out what is coming up for bid such as www.usaspending.gov and www.acquisition.gov where you can watch the training videos that procurement officers use and you can see the list of contract awards.
Did you know that there is a Small Business Innovation Research Program, www.sbir.gov where you can apply for funds to develop innovative ideas? Roomba vacuum cleaners benefited from this which starts out with a small investment and as your product improves the amounts available grow in size. The Department of Defense is the largest user of this program and last year 2 women owned businesses were awarded funding.
Ideas I’m Noodling…
What is it about women in their mid 50s that makes them powerful leaders? Do you know? Can you share some resources? Some stories about your own journey?
Women Impacting Public Policy (WIPP). WIPP is a national nonpartisan organization advocating on behalf of women entrepreneurs—strengthening their impact on our nation’s public policy, creating economic opportunities, and forging alliances with other business organizations.
… creating a “square squad”. From Brene Brown: Get a one-inch by one-inch piece of paper and write down the names of the people whose opinions of you matter. It needs to be small because it forces you to edit. Fold it and put it in your wallet. Then take 10 minutes to reach out to those people — your square squad— and share a little gratitude. You can keep it simple: I’m getting clear on whose opinions matter to me. Thank you for being one of those people. I’m grateful you care enough to be honest and real with me…The people on your list should be the people who love you not despite your vulnerability and imperfections, but because of them.”