This post was written by guest blogger Jaclyn Lanasa, Enterprise Account Manager Cisco NYC. Jaclyn Lanasa & Olivia Shen Green are co-directors of the 2014 Cisco Women of Impact Conference
About a year ago, Cisco Systems CEO John Chambers told his employees that Sheryl Sandberg’s “Lean In” book had opened his eyes. He vowed to walk the walk promoting diversity at his company. As a female working at Cisco for over eight years, I am proud to work in an organization that not only is brave enough to state where they have overlooked an issue, but is actively and openly talking about how they will make necessary changes to correct the problem. It provided both leadership as well as individual contributor’s an opportunity to collectively strategize on how we can further increase the diversity at all levels within the organization.
There are reasons many companies like Cisco are taking a closer look at their own diversity statistics and what impact that has on their business. Women are 57% of college graduates and 63% of Master’s degree holders, but that majority fades as careers progress. Less than 5% of Fortune 500 CEOs, less than 14% of Executive Officer positions, and less than 20% of Congress positions are held by women. Interestingly, regardless of the negative statistics outlined above, there is a direct correlation on the success of an organization as it relates to a more diverse leadership team. Fortune 500 companies with three or more women in board positions created a competitive advantage over companies with no women on their boards in the following three areas:
• Return on Sales: 84% advantage
• Return on Invested Capital: 60% advantage
• Return on Equity: 46% advantage
There is no better time for women and organizations to Lean In together and take advantage of the joint success that each has on the other. There are many programs, initiatives and efforts that are being held throughout Cisco in an effort to do just that. One activity I want to share with you is my excitement around our upcoming Women of Impact (WoI) Conference on March 6th, 2014.
This post was written by guest blogger Bernd Überbacher of Austria, a top scorer in the 2013 international Cisco Networking Academy NetRiders competitions. He is currently a Cisco Networking Academy student in Innsbruck, Austria and attended the first-ever “Academy Day” at Cisco Live in Milan, Italy, on January 27.
As I’m curious by nature, I definitely wanted to attend the Cisco Live! Academy Day 2014. Just a couple of days prior, Julie Chrysler from the Cisco Networking Academy team posted in a Facebook group I’m in for Cisco NetRiders winners. We had met in early January during our study prize trip to Cisco headquarters in San Jose, and she wanted to share the information with us, so I made a pretty spontaneous decision to hop on the train to travel the 450km from my town Landeck in Austria to Milan, Italy! On Sunday I started in the morning, spent a couple of hours on the train and after some stops I finally arrived at Milano Centrale. After getting to the hotel and having dinner I didn’t do much more, because I wanted to be rested for the Academy Day.
This post was written by guest blogger Nicole Geronimo, who works for Cisco’s Corporate Affairs team in Toronto, Canada.
On February 3, Cisco Canada was presented with an award, given by executive search firm Waterstone Human Capital, for being a national winner of Canada’s 10 Most Admired Corporate Cultures of 2013. Cisco Canada was among 600 nominees, and after a vigorous selection process by the program’s 30-member Board of Governors, we were announced as a winner for the first time.
With a dynamic and flexible work environment that promotes team effort and unity, we have proven that our culture drives our performance. From Ping Pong tables, to lunch-and-learns, to working from home, Cisco Canada has created an environment that results in high retention and appeal for new employees.
Cisco is once again sponsoring the DoGooder Video Awards, which recognize the creative and effective use of video in promoting social good. New this year is a category for young do-gooders, aged 12 to 21, who best communicated their thoughts on pressing social issues in a way that inspired others.
Video submissions will be accepted via the contest website until February 15, in the following categories:
The ImpactX Award: honoring those videos that have demonstrated impact for their causes.
The Best Nonprofit Video Award: honoring nonprofit organizations using video to make change.
The Funny for Good Award: Recognizing effective use of comedy to make people laugh and take action.
The Most Inspiring Youth Media Award: For youth who best communicated their thoughts on pressing social issues in a way that inspired others.
Members of the public will be able to vote for the winners from February 28 through March 10.
As Cisco Live, one of our annual, regional training, networking, and education conferences, wraps up in Milan, Italy today, we are pleased to report that our first-ever Academy Day drew more than 8000 Cisco Networking Academy students, both in-person and online.