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The MPI Women’s Leadership Initiative LEADING THE WAY TO LEADING WOMEN. …welcomes you !. What IS the WLI....anyway?. In a Nutshell… The WLI helps women advance in an industry where they are the great majority – but the minority in leadership. Okay – So How is This Done? .
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The MPIWomen’s Leadership Initiative LEADING THE WAY TO LEADING WOMEN …welcomes you !
What IS the WLI....anyway? In a Nutshell… The WLI helps women advance in an industry where they are the great majority – but the minority in leadership.
Okay – So How is This Done? Through ... • Research • Advocacy • Education • Resources ... for interested women, men, corporations or organizations.
Where Did the WLI Come From...???? High Level Women Asking: #1 Why aren’t more women in leadership in an industry with 75% or more women? and...
#2 How can we help change that?
The Women’s Leadership Initiative Was Born The Year Was 2001
Year One…2001-02 • Established Under MPI Association • 1st Chair – Christine Duffy • Woman VP Hired • Funding Secured • Baseline ResearchDone - MSU • 1st Conference Workshops Offered
Year Two…2002-03 • Moved Under MPI Foundation • Managing Director Replaces VP • Grassroots Research – USA/Canada • Logo Designed • Web Site Launched • 1st Marketing Brochures Produced
Year Two…continued • Chapter Implementation Launched(39) • 1st WLI Chapter Kit Developed • “WLI BookLine” Launched • TMP Monthly Column Launched • WEC Workshops Added • First Chapter-initiated Education & Networking Offered
Year Two…continued • Major Scholarship Fund Launched - Wyndham/United - $150,000 - “Virtual” Process Developed - Review Board Established
Year Three…2003-04 • New Donors – Fund Over $225,000 • 1st Awards - $44,000 • Chapters Adopting WLI Increase (54) • 1st European Chapter Liaisons • 1ST PEC-Europe Workshops Offered • 1st European Research Study Done
Year Three…continued • 1st WLI Strategic Plan – Aligned MPI • Major Committee Involvement Set • 1st WLI Platinum Workshop Offered • 1st Resource Workbook Developed • Sponsor Commits - 2 More Years
Year Four…2004-05 • Back Under MPI Association • 1st Women-centric Fundraiser Held • 2ndWLI Platinum Launched • 1st WLI Platinum in Europe Offered • Summit Feasibility Study Completed
Year Four…and counting • 1st “MPI Programs Only” Scholarships • 1st Institutes Scholarships • 1st Man Awarded Scholarship • $97,000 New Award Total • Chapter Implementation Named #1 PRIORITY
Year Four…and counting • Chapter Kit Expanded WLI WAY to GO! Kit • User-Friendly Tips & Tools • 1st Time - Multi-use Templates • Customer-of-one Support • Monthly Liaison Newsletter Launched • WLI Committee “Adopt a Chapter”
WLI WAY to GO! • FOR Chapter MEMBERS: PARTNERSHIP = HQ, WLI Chapter Liaison and Chapter Leaders - “Career Enhancement” Resources: - Regular WLI News via Chapter Liaison - Health & Work/Life Resources - Educational Opportunities and Scholarships
Moving Forward ! Leading Source • Research • Advocacy • Education • Resources ... for women, men, corporations or organizations
That’s WHAT the WLI is…! • Now…WHY (oh why…) does it matter to you?
Well…some of the reasons are… THE STATS …
MPI MEMBERS… • Of 20,000 - 15,000 are Women (75%) • Women Planners 7,630 39% MPI • Women Suppliers 6,775 34% MPI • Men Planners 1,401 (7%) • Men Suppliers 3,532 (18%)
Women… • Control $14 trillion of the wealth • Have 84% of consumer purchasing power • Spent more than men did on technology in 2003 Purchase 48% of all stock • Make more than 81% of investment decisions • Bring in at least 50% of all income • In general, have a median wage of 79.7 cents for every dollar men earn
Women… • Are 60% of all internet users • Launch 50% more new businesses than men (twice the rate as men) • Own 40% of all US businesses – 34% Canadian • Increased annual sales of women-owned firms by 436% over last 12 years
Women… • Who are of color - own 1.2 million firms – 20% of all privately-held women-owned firms in US • Who are married with children are working at the rate of 75% • Who are executives have children at the rate of 64%
Women… • Are only 20% of all golfers – but buy 50% of golf product • Are only 1.6% of all CEOs of 500 largest US companies • Are only 5.2% of the top Fortune 500 high earners • In general hold only 13.6% of board positions • Who are of color comprise only 1.6% of corporate officers in Fortune 500 companies
Women… • Use the internet for business more than men (61% vs. 55%) • Spend 60% of all money spent online • In general have $1.5 trillion in business spending power • Are 50% of total business-travelers • Increased as business travelers by 70% in last 10 years • Use the internet while traveling at the rate of 93%
Women… • Over the age of 55 comprise 53.2 % of the workforce • Who are single mothers of children under 18 work at the rate of 71% • Who are married with children under 18 work at the rate of 40% • Corporate officers who are also of color have graduate degrees at the rate of 76.3% • Corporate officers who are also white have graduate degrees at the rate of 80%
That’s All Folks…. Your Questions?
Our Questions: 1) What did YOU not see that you want or need from the WLI? 2) How can WE help you?