2008 Forté Sponsorship Meeting Quarterly Webex March 5, 2008 Agenda • • • • • • • • • • • • 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Corporate Census School Census Corporate Best Practices Summit—May 2008 Annual Conference—June 2008 Marketing update Power Tools Update Local Chapters Undergraduate Outreach Annual Dues Event Calendar review 2008 Forums Fellows update Sponsor Census 2007 Corporate Census 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Highlights Growing the pipeline and recruiting MBA’s are top priority (consistent for ’06 & ’07) 86% are satisfied or very satisfied with their sponsorship Top MBA pipeline schools: Wharton, Chicago, NYU, Columbia, HBS >Top hiring qualities: leadership, work experience Top UG pipeline schools: NYU, Columbia, HBS, Cornell, Penn State >Top hiring qualities: GPA, leadership roles, extra curricular activities 79% have a women’s network & 64% have women’s conference Trends Significant increase in # of MBA’s hired (+28%) and percentage of MBA’s who are women (39% -- up from 28% in 2006) Percentage of women in firm increased slightly while women in senior management and BOD decreased or held steady School Sponsor Census 2007 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Highlights Admissions recruiting & pipeline building top priorities Top Employers Class of 2007: Citi, Deloitte, Booz Allen Hamilton, JP Morgan Chase, McKinsey & Nestle Top Functional Areas: Consulting, Finance, Marketing, General Management Trends: 2005 - 2007 % increase schools women’s conferences: 54% - 67% Enrollment: FT 27% - 31%, PT 27% steady, Exec 21% - 23% Corporate Best Practices Summit Corporate Best Practices Summit, ‘08 2007 FORTE FORUM: THE MBA VALUE PROPOSITION The Satisfaction Factor: The Key to Breakthrough Recruitment and Retention Wednesday, May 7, 2008--Deutsche Bank An in-depth look at how men and women perceive, define and pursue satisfaction differently in their work. Implications for businesses and how companies can capitalize on these findings. Strategies on how companies can best position their brand and messaging to develop recruiting and retention strategies for top female talent. Keynote Speakers: Sally Helgesen, author, The Female Advantage – Women’s Ways of Leadership. Sharon Hall, Spencer Stuart, Manager of Atlanta office; co-founder of its Diversity Practice and member of Spencer Stuart Board of Directors 2008 Annual Conference Annual Conference, 2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Schedule DATE EVENT AUDIENCE Wednesday, 6/25Friday, 6/27 Financial Services FAST Track Conference Incoming MBAs, Forté Schools Thursday, 6/26 Annual Sponsor Meeting All Forté Sponsors (5-9 pm) Fellows Reception & Small Group Dinners Forté Fellows, 2008-2010 Friday, 6/27 Dialogue with Leadership Sponsors and employees, MBAs Friday & Saturday, 6/27-6/28 MBA Conference All women MBAs, Forté Schools Friday, 6/27 MBA Career Fair (9 am-5 pm) Thursday, 6/26 (Dialogue, Career Fair, Sessions) All women MBAs, Forté Schools Financial Services FAST Track 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Program Overview & Next Steps Forté Goal: To offer industry-specific value added programming. Program Objective: To educate women about careers in financial services, and to differentiate Forté companies as the best place to work for women in finance. Program Approach: Growing the Pipeline 1) Short-Term Talent Acquisition: MBAs 2) Long-Term Talent Development: College & Early Career / Pre-MBAs Annual Fee: $15,000 (In addition to base sponsorship) 7 Participants: Citi, Lehman, Deutsche Bank, MetLife, Fidelity, Wachovia, Goldman Sachs Resources & Timeline: Erica Hamilton, CDG Perspectives, will be our program development consultant and the events will take place through the year. Sponsor Meeting June 26, 2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Dialogue with Leadership 2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION June 27, 2008 – Kimmel Center, NYU Fee: $25 Speakers: Sharon Allen, Chairman, Deloitte Moderator: Pattie Sellers, Editor, Fortune Webcast & Podcast Printed 6/1/2007 11:24:34 AM Other speaker: TBA Working Draft - Last Modified 6/15/2007 9:10:04 AM Expected attendance: 250 MBA Women’s Conference 2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Purpose, Passion, Power: Key Takeaways Skill sets: build leadership skills that add value to their MBA program and career Network: cultivate relationships with MBA women and company sponsors Fellow Dinners Workshops: Quant Skills, Case Method, Soft Skills Career Fair & Industry/Function Introductions Professional Development Sessions Printed 6/1/2007 11:24:34 AM Program Highlights: June 27-28, 2008 Working Draft - Last Modified 6/15/2007 9:10:04 AM Attitude/motivation: expect and orchestrate career success Marketing Update Marketing Database Statistics Online Media Results • Podcasts • Videoblogs • Google Search Advertising Profile Update Campaign 2007 Forté FORUM: THE MBA VALUE PROPOSITION Database Statistics 2007 Forté FORUM: THE MBA VALUE PROPOSITION Board Meeting: October 29-30, 2007 Number of records with working emails: 26,433 • +9% vs. last month; +55% vs. last year • Key Drivers: Event Registration; Google Ad Words Campaign; MBA women emails/posters Number of site visitors and number of visits increasing significantly • Jan 2008: 18,400 visitors (vs. 8600 prior Jan 07) • Jan 2008: 26,000 visits (vs. 12,800 Jan 07) • Key Drivers: New website vs. Jan 07; Profile Update Campaign; Events; Webinars; PowerTools; Online Events/recorded content; refreshed home pg content • more interactive vs. static content Top Career Stage database segments • Working full time/post undergraduate: 39% of database • In College: 13% • Working full time/post graduate: 12% Online Media – Podcasts 2007 Forté FORUM: THE MBA VALUE PROPOSITION Board Meeting: October 29-30, 2007 Forte Forum Podcast Series: The MBA Value Proposition • 6800 listeners since launch • 5936 listeners for season 1 – three total episodes (launched Dec 06) • 3116 or 52% listened DURING season 1 • 881 for season 2 to date (two episodes only) Career Lab Podcast series • 2266 listeners since launch • 1422 listeners for season 1 – three total episodes (launched Feb 07) • the majority listened DURING season 1 • 844 for season 2 to date (two episodes only) Women In Business Podcast – Elizabeth Vale, Morgan Stanley • 1714 listeners since release Online Media Results - Videoblogs 2007 Forté FORUM: THE MBA VALUE PROPOSITION Board Meeting: October 29-30, 2007 Three bloggers for second semester: Forté Fellows • Elizabeth Neils, University of Carlson School of Management • Kate Lehman, Indiana University Kelley School of Business • Jenn Jeng, MIT (part-time blogger) Second semester focus: finding an internship • final posting: May 1 Results to date •8400 clickthroughs to blog page • promoted to pre-MBA; Fellows: GWIB leaders; MBA women • doubled since October • 1800 individual videos viewed from start to finish • tripled since October (more videos to view) Online Media - Google AdWords 2007 Forté FORUM: THE MBA VALUE PROPOSITION Board Meeting: October 29-30, 2007 Awarded Google Grant for non-profit organizations; Potential Value: $30,000 for 3 month period October 2007 - January 2008 Results: • utilized $27k of available $30k • total clickthroughs: 31,000 • total impressions: 2.7 mm • 90% linked to Jobs messaging (click through to Power Tools) • Events (Career Lab) and MBA general messaging less impactful Key Learnings: • Broad, relevant messaging = greater results. • Can’t control quality of clickthroughs (e.g. profile of Power Tools submissions) • Limited to available keywords – high quality key words purchased by others (esp. MBA) • Continue to explore other non-profit programs (e.g. YouTube) • Will website traffic gains continue post-campaign?? Profile Update Campaign 2007 Forté FORUM: THE MBA VALUE PROPOSITION Board Meeting: October 29-30, 2007 Objective: increase efficiency/effectiveness of marketing and promotion initiatives by encouraging users to maintain an updated profile Key Elements: • early January: add Login field and Profile update text to top of home page • campaign period: 1/15 – 1/31 •Jan 15: email request with incentives (ipods; itunes cards) • Jan 28: reminder email • also updated registration form fields; increased number of required fields Results: • Jan 2 – Jan 14: 1074 profiles updated • Jan 15 – 31: 2177 profiles updated – TOTAL: 3251 (12% of database) • Post-campaign: 177 profiles updated Next Steps: • update campaign – every 6 months • continue to scrub database • membership drive campaign Power Tools Power Tools Quarterly Update 2007 FORTE FORUM: THE MBA VALUE PROPOSITION MBA Database (current students and alumnae) 318 Fellows (84 class of ‘09; 65 class of ‘08; 18 class of ’07) 25 active jobs (+79%) 55 Forté employer logins and 99 employer searches this quarter 44 orders: online resume database (since 8/2007) 925 active candidates (+226%) 17 active jobs (+31%) 1 order request; 8/8/07, Sanford C. Bernstein & Co. 43 employer searches this quarter Printed 6/1/2007 11:24:34 AM Various Degrees (college students and college graduates) Working Draft - Last Modified 6/15/2007 9:10:04 AM 773 active candidates (+38%) Power Tools Quarterly Update 2007 FORTE FORUM: THE MBA VALUE PROPOSITION RECENT JOB POSTINGS: … Job Alert Activity – MBA Email Open Rate: Nov—19%; Jan—21% (up 9%) Job Alert Activity – Various Degree Email Open Rate: Nov—17%; Jan—16% (-3%) Click Thru Rate: Nov—3%; Jan—2.5% (-16%) Printed 6/1/2007 11:24:34 AM Click Thru Rate: Nov—4.5%; Jan—3% (-28%) Working Draft - Last Modified 6/15/2007 9:10:04 AM FORTÉ MONTHLY JOB ALERTS - NEW POSTINGS! To better support your career search efforts, Forté Foundation is providing you with this once-a-month Job Alert service. Top employers are seeking talented women, so check out the newly-posted jobs available to you. Working Draft - Last Modified 6/15/2007 9:10:04 AM Printed 6/1/2007 11:24:34 AM Local Chapters Forté Local Chapters 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Chicago & New York Local Chapters Purpose To build a local network of undergraduate and pre-MBA women interested in business & in getting an MBA To increase the number of women in the Forté pipeline 2008 Annual Plans in place Marketing & Communications • Web pages published & generating new registrations • Quarterly & ad-hoc communications to local chapter members • Participation in local Forté events (Career Labs, Forums) • Contact with local business schools to plug local chapters/events Quarterly Events Undergraduate Outreach Career Labs 2007-2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Date Campus Registration Attendance November 6 Harvard 252 95 November 13 U Chicago 98 39 November 13 U Minnesota 141 75 November 14 Emory 124 55 February 4 Yale 122 36 February 11 Duke 224 67 February 11 Georgetown 140 52 February 18 Columbia 196 59 Leadership Lunch 2007-2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Date Campus Registration Attendance November 6 Harvard 32 14 November 13 U Chicago 30 14 November 13 U Minnesota 29 21 November 14 Emory 16 16 February 4 Yale 58 32 February 11 Duke 36 17 February 11 Georgetown 42 28 February 18 Columbia 19 9 Undergraduate Conference--NEW 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Fall 2008 & Spring 2009 Audience: Undergraduate Women Location: TBD Keynote Speakers The White House Project, Marie Wilson, founder and President Career Search Secrets, Lindsey Pollak, author Theme – in development Decision 2008—Choose your destiny A woman in charge Undergraduate Outreach - Additional 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Career Lab Template Implementation by schools with Forte support Online tool kit and funding for undergraduate intern Leadership Lunches with Company Sponsors Organized in conjunction with recruiting trips Annual Dues School Annual Dues 08-09 2007 FORTE FORUM: THE MBA VALUE PROPOSITION $10,000 to $12,500 Increase in Forte programming since 2001 • Fellow Symposium for 80 women to Conference for 250 women • One Intern Symposium to two Undergraduate Conferences • Myriad of online events and website improvements • 6 Forums for 600 women to 9 Forums for 2000 women Halting school growth after 2009 • Inviting 3 more schools to join with plans to hold at 36 school sponsors School Annual Dues 08-09 2007 FORTE FORUM: THE MBA VALUE PROPOSITION School Sponsor Value Proposition Forte Forums provide efficiency in reaching large numbers of women • If dues went to Forums alone each would cost under $1400 (compare to QS events which cost $2900 +) Forte is aggressively cultivating the pipeline of MBA women • Female GMAT takers 25 and under have gone up 13% since 2003 The needle is moving up for most schools’ FT female MBA enrollment • 70% of sponsor schools have seen an increase in FT female enrollment since 2005 • FT enrollment of all sponsor schools has increased 4 percentage points from 27% to 31% since 2005 Corporate Sponsor Packages 08-09 MBA RECRUITING PACKAGE MBA Women’s Conference & Career Fair Forte Forums (Registrant Database) RECRUITING AND RETENTION PACKAGE Corporate Best Practices Summit Network of Women’s Networks Career Fair (MBA or Undergrad) MBA Podcasts MBA Fellows List Serv MBA School Promotion (posters) Women in Leadership Profiles on web Company Profile on web PREMIERE SPONSORSHIP All items in MBA Recruiting Package All items in Recruiting and Retention Package PLUS: MBA Webinars MBA Resume Search and Job Posting 2007 FORTE FORUM: THE MBA VALUE PROPOSITION *Stand-alone package available one year only as introduction to Forte $5,000* Undergraduate Conference & Career Fair Undergraduate Podcasts Undergraduate Webinars Undergraduate Resume Search & Job Posting Featured in Virtual Campus $15,000 $25,000 Corporate Dues Changes 08-09 FINANCIAL SERVICES FAST TRACK 2007 FORTE FORUM: THE MBA VALUE PROPOSITION EVENT SPONSORSHIPS MBA FSFT Conference Undergraduate Conference MBA Career Development Webinar Series MBA Conference MBA Reception Undergraduate Leadership Lunches Early Career Online Office Hours Forums Dedicated Web Page to Careers in Finance Dedicated Podcast Series about Careers in Finance *only available in conjunction with MBA Recruiting Package or Premiere Sponsorship or as an introductory offer $15,000 * Various Amounts Calendar & Events Sponsor Calendar 2008 Mark Your Calendar! March 5 – Quarterly Web Ex Sponsor Meeting May 6 – Board Meeting May 7 – Corporate Best Practices Summit May 9 – Fellow Names Due May 22 – Quarterly Web Ex Sponsor Meeting June 26 – Sponsor Annual Meeting June 27 – Dialogue with Leadership, Career Fair June 28 – MBA Women’s Conference 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Webinars 2008 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Schedule DATE TOPIC AUDIENCE February 5 Private Equity & VC IBM, Chicago, Kellogg MBA Women February 6 Resumes & Interviews Deutsche Bank College February 28 Career Search Secrets Lindsey Pollak College March Wall Street Journal College April 2 Internship Success McKinsey, GM, Wach, DB College Late April On/Off Ramping Goldman, Deloitte, Tuck, HBS, Lehman MBA Women Forte Forums 2008 - TENTATIVE 2007 FORTE FORUM: THE MBA VALUE PROPOSITION September 9 New York September 10 DC September 11 Chicago September 15 Atlanta September 16 Houston September 17 LA September 18 San Francisco October 7 London Printed 6/1/2007 11:24:34 AM Boston Working Draft - Last Modified 6/15/2007 9:10:04 AM September 8 Working Draft - Last Modified 6/15/2007 9:10:04 AM Fellows Update Printed 6/1/2007 11:24:34 AM Fellows Update • Intern, Exit & Entering Surveys launch April 1 2010 Fellows • Due to Forte May 9 Fellow Board Member – Class of 2008 • Statement of Interest/Interviews in April • 2 year term Printed 6/1/2007 11:24:34 AM • Reminder: Fellow Associates Working Draft - Last Modified 6/15/2007 9:10:04 AM Fellow Surveys 2007 FORTE FORUM: THE MBA VALUE PROPOSITION Next Webex: Thurs, May 22