Saturday, July 4, 2009

Happy Fourth!



Happy Fourth of July!!

We all know what happened in 1776, so here are some Fourth of July fun facts, courtesy of the Census Bureau (cited by USA.gov):


1 in 6: The chance that the beef hot dog, burger, or steak you eat today is from Texas
1 in 4+: The chance that the hot dog or pork sausage you eat today is from Iowa
192: Population of Patriot, Indiana - the only place in the country with that name
2.5 million: Estimated number of people living in the US in July of 1776
74+ million: Number of Americans who went to a barbecue in 2007
304 million: Number of Americans on July 4, 2008


For more information on the Fourth of July, see Fourth of July is Independence Day atUSA.gov.

Thursday, July 2, 2009

Executive Profile: Ursula Burns



Executive Profile: Ursula M. Burns


Background
As of Wednesday, Ursula M. Burns is the CEO of Xerox Corporation. She holds a BS from NYU's Polytechnic Institute and Master's from Columbia, both of which are in Mechanical Engineering. Burns is a member of the boards for American Express, The National Center on Addiction and Substance Abuse at Columbia University (CASA), For Inspiration and Recognition of Science and Technology (FIRST) National Academy, MIT, the US Olympic Committee, the University of Rochester, and Xerox.


Professional Timeline
1980: During the summer, Burns interns at Xerox for mechanical engineering
1991-1992: She is Exec Assistant to Chairman and CEO
1992-2000: After working in planning and product development, Burns is responsible for various business teams
1997-1999: Burns is VP and General Manager of Departmental Business
1999-2000: She serves as SVP of Worldwide Manufacturing and Supply Chain Services
2000: She becomes SVP of Corporate Strategic Services, a position she holds until October 2001
2007: In April, she is named President and elected to the Board of Directors
2009: In May, Anne Mulcahy, Xerox's then-CEO, chooses Burns as her successor. Burns assumes the position of CEO on July 1.


Why She's Inspirational
In succeeding Mulcahy, Burns is not only part of the the first woman-to-woman CEO transition, but also the the first African American woman to lead a public company of Xerox's size (Brown). Her success also shows precisely how beneficial an internship can be to one's career.


Sources:


Image: "Lily" [credit: Susie B] from freedigitalphotos.net

Executive Profile: Anne M. Mulcahy



Executive Profile: Anne M. Mulcahy

Background
Just yesterday, Anne M. Mulcahy retired as CEO of Xerox Corporation; she will, however, continue to serve as Chairman of its Board of Directors. She received her BA from Marymount College (Tarrytown), where she studied English and Journalism. Chairman of the Business Roundtable's corporate governance task force, Mulcahy is also on the boards of Catalyst (along with Andrea Jung and Indra Nooyi), Citigroup, Fuji Xerox Company, Target, and the Washington Post.


Professional Timeline
1971: Mulcahy joins Xerox as a field sales representative
1992: After working in senior management for several years, she's promoted to VP of Human Resources, a position she holds until 1995
1997-1999: Mulcahy serves as Chief Staff Officer
1998: She is named Corporate SVP
1999-2000: As President of Xerox's General Market Operations, she oversees the company's dealer, reseller and retail channels
2000: Mulcahy becomes an Executive Director, and in May, she is named President and COO (both positions were held until July 2001)
2001: She is appointed CEO on August 1
2002: On January 1, Mulcahy ascends to her current position as Chairman


Why She's Inspirational
This past May, when Mulcahy announced that she would be retiring as CEO, she also named, Ursula Burns, Xerox's President as her successor. In doing so, Mulcahy facilitated, in the words of Forbes' Heidi Brown, "the [first] transition of power from one woman to another at a large public company."


Sources:

Wednesday, July 1, 2009

Executive Profile: Indra K. Nooyi



Executive Profile: Indra K. Nooyi

Background
Indra Nooyi is the Chairman and CEO of PepsiCo, which consists of 18 different brands and employs approximately 200,000 individuals worldwide. As an undergrad, she studied Chemistry, Math, and Physics at Madras Christian College in India. Nooyi also holds an MBA in Finance and Marketing from the Indian Institute of Management (Calcutta) and a Master's in Public and Private Management from Yale. She serves on the boards of Catalyst (along with Avon's Andrea Jung), Eisenhower Fellowships (Board of Trustees), the International Rescue Committee and the Lincoln Center for the Performing Arts. Nooyi is also the Chair of the U.S.-India Business Council and a Successor Fellow of The Yale Corporation.


Professional Timeline
1980-1986: (Approximate dates) Nooyi oversees international corporate strategy projects at the Boston Consulting Group
1986-1990: After starting as an executive in its auto and industrial electronic group, Nooyi is ultimately promoted to VP and Director of Corporate Strategy and Planning at Motorola
1990-1994: Nooyi is SVP of Strategy and Strategic marketing for the Zurich-based Asea Brown Boveri
1994: Nooyi joins PepsiCo
1996-1999: She serves as SVP of Corporate Strategy and Development at PepsiCo
2000-2001: Nooyi holds the position of PepsiCo's SVP
2001: She not only joins PepsiCo's Board of Directors, but also is named President and CFO
2006: On October 1, Nooyi becomes President and CEO of PepsiCo
2007: Nooyi is appointed Chairman of PepsiCo on May 2, 2007


Sources:



eRb


Tuesday, June 30, 2009

Executive Profile: Andrea Jung



For the week or so, I'll be blogging about female executives that are not only successful but are also role models. Doreen requested that the first be Andrea Jung, Chairman and CEO of Avon Products (an excellent choice, I might add) - but the rest is entirely up to you. Please tell me what exec's you'd like to know more about :)


Executive Profile: Andrea Jung

Background
The daughter of Chinese immigrants, Jung was born in Canada and speaks fluent Mandarin Chinese. Completing her undergrad in just 3 years, she graduated magna cum laude from Princeton. At just 49 years old, Jung is the Chairman and CEO of the largest organization in the world, which currently employees some 5.5 million individuals. A member of the New York Presbyterian Hospital's Board of Trustees, she also sits on the Board of Directors at Apple, Catalyst, and GE.


Professional Timeline
1987-1991: Jung serves as SVP, General Merchandising Manager at I. Magnin.
1991-1993: As EVP of Neiman Marcus, she oversees the accessories, cosmetics, children's apparel, intimates, and women's apparel departments.
1994: Jung begins working at Avon, serving as President of the U.S. division's Product Marketing Group.
1996-1998: She continues to work in senior level positions within the Product Marketing Group.
1998: Jung becomes a member of Avon's and GE's Board of Directors. She is appointed Avon's President in January and COO in July, and holds these positions until January 2001 and November 1999, respectively.
1999: On November 4th, Jung is appointed CEO.
2001: In March, she is the first woman to be elected Chair of the Cosmetic, Toiletry and Fragrance Association (now called the Personal Care Products Council); Jung remains chair until 2005. She also is appointed Chairman at Avon.
2008: Jung joins Apple's Board of Directors and is also appointed Chair of the World Federation of Direct Selling Associations (WFDSA).


Why she's an inspiration to women everywhere
According to an article by Bill George (U.S. News & World Report), "Jung says she is driven by a passion to make a difference. And with Avon, she has found it. 'There is purpose in my work: enabling women to be self-empowered, to learn to run their own businesses and achieve the economic means to provide education.' At the end of the day, she says, that trumps all things."


Sources:



eRb


Monday, June 29, 2009

Body Language: what you're really saying




Laneri writes: "An image is worth 1,000 words: No matter how illustrious our resumes, how brilliant our ideas, how Calvinist our work ethic, we are judged by how we present ourselves. Research shows that it takes four minutes to make a first impression, and, according to a widely cited study by UCLA professor Albert Mehrabian, body language accounts for 55% of that impression (38% comes from tone of voice; the remaining 7% from our actual words)."

She then goes on to discuss a few gestures women commonly do that are easily misinterpreted:

Crossing your legs may cause people to think that you're resistant to their opinions and ideas.
Fiddling with your clothes, hair, or jewelry can give off the impression that you're anxious or flirting.
Folding your arms in front of your body may make you seem defensive or insecure.
Hiding your hands under a table or keeping them folded in your lap signals untrustworthiness.
Smiling too much can lead others to believe that you're not serious about the situation at hand.
Tilting your head won't make you seem like a good listener - rather, it may give off the impression that you're flirty or submissive.

The insight that I found most interesting came from a quote that Laneri provided from Jeannine Fallon, Exec Director of Corporate Communications for Edmunds.com:
"I distinctly remember one insight [from a training session I attended while working at Volvo]. At a boardroom table, women tend to pile all their materials neatly and sit tucked into the table, while men tend to sprawl out, push away from the table, cross his ankle over a knee and lock arms behind his head. It was impressed up on us that the concept of taking up space correlates to the concept of dominance. I've never sat tucked into a table since."


eRb


Sunday, June 28, 2009

Suze Orman

I realized that although you probably know who Suze Orman is and may even have watched her special last night, you might not know a lot about the financial expert herself. Here are a few facts about her:

Education: Orman graduated from University of Illinois with a degree in social work. This past May, she received an honorary Doctor of Humane Letters from her alma mater.

Books: All of Orman's last seven books have been NYT's Bestsellers List

Television: According to her website, "Suze is the single most successful fundraiser in the history of public television." For the past decade, she has served as the host of Financial Freedom (QVC).

Awards and Accolades: Named one of Time's Most Influential People two years in a row, Orman is also anNYT bestselling author and a two-time Emmy Award winner. She currently holds the record for the most Gracies won: 6. Orman has also received countless other awards, including: the Amelia Earhart Award andthe Human Rights Campaign's National Equality Award.

Quote: "People First, Then Money, Then Things."



eRb