As published on LinkedIn Influencers on December 22nd, 2016.
There’s been so many new and amazing things to discover this past year, I thought I’d share some of my favorites before we all disappear into turkey comas once more. Feel free to share your own in each of these categories.
5 – Books of 2016
Feminist Fight Club: An Office Survival Manual (For A Sexist Workplace) by Jessica Bennett – What began as a monthly gathering for women to vent about the sexism they were encountering at work eventually gave birth to the Feminist Fight Club, a no holds barred survival guide/manifesto for working women everywhere. Filled with personal stories, research, statistics, and hard hitting advice, Jessica Bennett’s Feminist Fight Club is a sassy and fun-read.
Gender Lens Investing: Uncovering Opportunities for Growth, Returns, and Impact by Joseph Quinlan and Jackie VanderBrug – Women today are an unparalleled force in the global economy—as successful entrepreneurs, corporate executives and family breadwinners. Yet gender-based violence, the absence of women’s legal rights, and the persistent wage gap stubbornly remain. This paradox creates an unprecedented and underexplored opportunity for investors. This is the first book of its kind to examine, in-depth, the advantages of integrating gender into investment analysis. I have been advocating for years for gender lens investing, and I was thrilled when I heard about this book’s development and publication. I have also known Jackie VanderBrug for years and I am a huge fan….
I was the first female trader to be named partner at Goldman Sachs. I was also, in 1996, the youngest woman, but I hope that someone has since surpassed me in that regard. I was at the time 32 years old, recently married, and a year away from giving birth to my first child. In total, I worked at Goldman Sachs for 14 years, and even though I left in 2002, in many ways it feels like yesterday. It was there that my passion for women’s inclusion and leadership was ignited, and it led me to my second first; the first President of Women Moving Millions Inc., the only community in the world of women funding women at the million plus level. However, the focus of this article will be my Goldman experience, as without that, the following would likely not have been possible.
So how did I get there? How did I come to accomplish that first? How did a young girl from small town Canada with no connections to Wall Street grow up to be a partner at Goldman Sachs? This is my story.
I grew up in Kelowna, BC, Canada, at the time a small town located a 5-6 hour drive from Vancouver. My dad ran a grocery store and I worked concession at the local hockey rink as good Canadian kids are wont to do. I didn’t…
SHOPPING! No seriously, I mean it. Or put a different way, our daily purchasing power. In the United States alone our GDP is around $17 trillion, and somewhere between 65% and 72% of that is consumer spending. When it comes to discretionary spending focused on wants versus needs, the role of the holiday season is particularly huge. For 2015 it was estimated that retail sales reached $630 billion USD, and if that number holds true for 2016, that’s a lot of spending power that can be used for good.
It’s often the case that in the hustle and bustle of the holiday season, and oftentimes the rush to find a gift, any gift, it can be easy to forget that every time you spend a dollar, that exchange is an exchange of power. Financial power. Companies understand this well, and they spend billions of dollars every year trying to convince you to give them your purchasing power. When I give talks about how to use all the financial resources you have in alignment with your vision and values, purchasing power is where the most lightbulbs go off. We are trained to think of our charitable dollars as what we do for good, but that is so limited. Total philanthropic giving annually in the US is around $360 billion, and as per above, that number is only half of the spending during the holiday season alone. Of course, we should all give more to charitable causes,…