Criteria for membership
A candidate who fulfills the qualifications of membership will be evaluated against the following criteria:
Financial Responsibility
- The Corporate Candidate should be responsible for the P&L of the parent company or subsidiary/division generating annual revenues of at least $250 Million.
- The Entrepreneur Candidate should be responsible for the profit and loss of the company, should be reporting a minimum of $20 Million in annual revenues, and be a company founder and/or a majority or controlling owner.
Leadership Qualities
- Key decision maker of company or business unit
- One of three of highest ranking women in the company
- Member of top tier management team
- Recognized leader within her industry, industry board involvement, recognized in local or national business resources
- Track record of success, length of time in current position, past positions, and accomplishments
- Involved in philanthropic endeavors, community activities, and committed to promoting women’s leadership and women’s initiatives
- Personal and professional integrity
Entrepreneurial Spirit
- Demonstrates entrepreneurial spirit i.e. risk taker, visionary, innovator, and change agent within her company or industry.
- Founder of a company or successfully grown a company or business unit.
Special revenue requirements are currently in place for the following industries:
- Advertising/marketing – net revenue should be reported as opposed to gross billings
- Commercial Banking – net interest income of at least $250 million
- Travel industry, insurance, and real-estate – revenue is recorded based on commissions and fees
- Venture capital – Corporate Executives: Firm manages $1 billion in assets; Candidate responsible for managing $250 million in assets. Entrepreneur: Company Founder; Manages $150 million in assets
- Private Equity – Corporate Executives: Firm manages $3 billion in assets. Entrepreneur: Manages $350 million in assets
Philanthropic Activities
- Involved in philanthropic endeavors, community activities, and committed to promoting women’s leadership and women’s initiatives
Extraordinary Career Accomplishments
- Examples include: Created new industry category, recognized leader in her industry, recipient of major business excellence or career accomplishment awards, identified in nationally recognized publication list of top individuals or other notable achievements.
Additional Considerations
- In determining qualifications of candidates, we are considering their whole career.
- A candidate who does not meet the membership criteria today, but clearly met the criteria within the last three years, will be considered.
- The Board of Directors may approve additional factors for consideration on a case-by-case basis.