Issue No. LXXXIII, March 28, 2011

SPECIAL EDITION - Update on 2011 GLOBAL SUMMIT OF WOMEN, Istanbul, Turkey, May 5-7th

 

 

Istanbul's Blue Mosque

The Bosphorus Bridge connecting Europe and Asia



 


Marisa Drew
Managing Director, Investment Banking, Credit Suisse

Suzan Sabanci
Chairperson
Akbank
 


Juliana Oyegun
Chief Diversity Officer,
World Bank

 
Angela Titzrath-Grimm
VP, Executive Management Development, Daimler AG


Ursula Schwarzenbart
Director, Global Diversity Management, Daimler AG

Sakie Fukushima
Former CEO, Korn/Ferry
Japan


Selen Kocabas
Vice Director General,
Turkcell


DELEGATIONS

          Seventy-one countries are represented to date by those planning to take part in the Global Summit of Women to be hosted by Turkey from May 5-7th in Istanbul.  Large delegations of women in business are planning to meet their counterparts from every corner of the world.  The Vice President of Vietnam is leading a delegation of 40, the majority of whom are entrepreneurs organized by the Vietnam Chamber of Commerce.  The First Lady of Malaysia comes with 30 women in business organized by SME Corporation, which promotes the development of entrepreneurship in that country.  From Mongolia, the Deputy Minister of Justice will be accompanied by a delegation of 25 businesswomen. 

               From Kazakhstan, the Minister of Labor will also be joined by 25 entrepreneurs.  Greece and Spain similarly will bring 40 women in business, and both delegations will be led by women ministers as well.  As the Host of the last Summit, China will come with 50 entrepreneurs led by the Vice Chair of the All China Women’s Federation.  South Africa’s Deputy Minister of Trade and Industry will bring 20 from her country.  There are many more countries sending representatives, while on the private sector side, corporations such as Pepsico, IBM, Intel and others are also bringing their women managers from the region.

                “We plan to post delegations’ contacts online on the Summit website, so they can set up meetings with their counterparts from several countries.  “For 21 years, the Summit has provided a forum for women in business to connect and to learn from each other.” she adds.  A sampling of some Summit sessions follow, along with designated presenters. 
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MEGATRENDS

                To kick off the Global Summit of Women, a special opening session on major economic trends affecting economies worldwide will be presented by Marisa Drew, Managing Director of Investment Banking for Credit Suisse, who is also co-head of the Global Markets Solutions Group.  Recognized by the Financial Times as one of the most influential women in European Finance, when it named her as one of FN 100 Women in Finance, Ms. Drew also heads up Credit Suisse’s efforts to recruit, retain and promote women in the company.

                Joining Ms. Drew in this opening session is Suzan Sabanci, Chairperson and Member of the Executive Committee of Akbank – one of Turkey’s largest banks -- who will present her assessment of regional economic trends, as well as give an overview of the current state of Turkey’s economy.  A banker for over two decades, Ms. Sabanci serves on the International Advisory Boards of Citibank, Blackstone, the Bank of Kuwait while also serving on the Board of Directors of the Institute of International Finance.  

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LEADING TEAMS EFFECTIVELY

                One of four sessions under the Leadership Development Track at the Summit, is one focused on leading teams.  Women are often seen as having difficulty in participating in teams as well as in leading work teams.  A stellar panel of business leaders will present experience-based and time-tested techniques to Summit participants.

                Guldem Berkman has been leading Novartis Turkey as Country President since 2008 while also serving as a member of the European Executive Committee. She is one of only five female Country Heads of Novartis among 140 countries worldwide, where the company has a presence.  She is also the first female CEO of the top three pharmaceutical companies in Turkey.  In her ascent within Novartis, she has worked within teams, formed teams herself and is now the CEO that teams report to.  Another CEO joining Ms. Berkman is Spain’s Ana Garcia Fau, who heads up Yell Publicidad, responsible for Spain, Argentina, Chile and Peru.  Her experience in leading teams based in other countries is relevant to today’s workers in multinational companies, who often work with or lead teams across borders.  Prior to her executive role at Yell Publicidad, Ms. Garcia Fau had worked at McKinsey & Co., Goldman Sachs and Wolff Olin, giving her experience in a diverse range of companies.  Rounding out the presenters is Damayanti Vasudevan, Vice President of Global Diversity & Inclusion at R.R. Donnelley, based in Chicago.  She has nearly three decades’ experience in talent management, leadership development and psychometrics, which she will bring to bear on this topic.

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HOW WORK/LIFE POLICIES CAN IMPROVE THE ECONOMIC LIFE OF WOMEN

                What links women worldwide is the long-standing dilemma of balancing work with family responsibilities.  Labor experts agree that women cannot get ahead to more demanding leadership roles at work, if the work culture does not accommodate the reality of women’s lives that includes raising children.  This Summit session brings innovative programs that attempt to address the work/life puzzle from different corners of the world. 

                The World Bank’s Chief Diversity Officer, Juliana Oyegun, chairs this session and opens with an overview of where women stand on work/life issues globally.  Then, Daimler’s Vice President for Executive Management Development Angela Titzrath-Grimm will be joined by Ursula Schwarzenbart, Director of Global Diversity Management and Potential Management as they present a German – as well as European – initiative to give mandatory paternity leave benefits partly to take the stigma of women taking parental leave benefits to take care of a newborn or sick children. 

                From Europe to Japan, the dialogue is taken up by Sakie Fukushima, former CEO of Korn/Ferry Japan, who has seen the efforts to advance work/life benefits in tradition-bound Japanese companies and can speak as to what it takes to change mind-sets regarding the importance of this issue to retaining and promoting women.  From Turkey, Selen Kocabas, Vice Director General of Turkcell speaks of her company’s initiatives in a country where many women work and lead businesses, but where some traditional perceptions of women’s roles still remain.  Participants will be invited to share other initiatives from companies or governments that have seen some measure of success in allowing women to combine responsibilities at home and at work.


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NGO LEADS – DEVELOPING SUSTAINABLE NONPROFIT ORGANIZATIONS.

                At its 20th anniversary last year in Beijing, Summit President Irene Natividad announced an initiative to strengthen women’s nonprofit groups:  “Women’s organizations do important work that governments and businesses cannot do, but many face challenges regarding programming, fundraising, membership retention and marketing that hamper their ability to grow or to continue their work, “ At the Summit in Istanbul, four sessions are scheduled for leaders of women’s business, professional and entrepreneurial organizations.  They are the pilot sessions for longer regional offerings to be scheduled during 2011 in different parts of the world.  The sessions will be led by leaders of other NGOs.  The topics covered are:

·          “Developing Programs that Realize NGO Mission

·         “Marketing and Branding Your Organization”

·         “Expanding Your Funding Base”

·         “Growing and Retaining NGO Members”