TCN Quote of the Week
"We will develop and promote valuable Latino directors by introducing them to lead directors, nominating and governance committee chairs, executive search firms and CEOs and by making the business case for Latino inclusion in the boardroom."

- Dolores Kunda (2007),

Executive Director,
Latino Corporate Directors Association

TCN Members in the News
  The Wall Street Journal logo  
MADELEINE CONDIT: "I WILL GO BACK"  
Madeleine Condit (1998), Founder & CEO, Madeleine Condit & Associates, was quoted in an article that explained how some retailers are trying to slow down the process of shopping to make it more "experiential" to customers. Intrigued by the store's elaborate architecture, Madeleine recently visited all six floors of Restoration Hardware, a 70,000 square foot store, which is housed in the historic Three Arts Club building. "I will go back," Madeleine Condit shared. Read more... 
Bloomberg
BEST BUSINESS SCHOOLS RANKED
Northwestern University's Kellogg School of Management ( Sally Blount (2011) and Janice Eberly (2014)) rose to No. 3 from No. 7 in Bloomberg Businessweek's survey of 74 full-time domestic MBA programs. The University of Chicago's Booth School of Business ( Ellen Rudnick (1984)) rose to No. 2 from No. 3. Among part-time programs, Kellogg's rise was even more meteoric: It placed first among 20 programs, after not registering on the last survey, in 2013. Read more...

MBA PROGRAMS RANKED

The University of Chicago's Booth School of Business ( Ellen Rudnick) was ranked No. 1 for the fifth time in six years in the Economist's latest ranking of full-time MBA programs. Northwestern University's Kellogg School of Management ( Sally Blount and Janice Eberly) also performed well, jumping to No. 7 on the magazine's 13th annual global ranking of full-time business school programs. Read more...

For Crain's coverage, click here! 
Chicago Tribune Logo


MELLODY HOBSON ON INVESTING

Mellody Hobson (2000), President of Ariel Investments, was quoted in an article that examined saving and investing behavior across different races. Read more... 
 

Chicago Tribune Logo
STEPHANIE NEELY ON WORKING IN THE PRIVATE SECTOR
Stephanie Neely (2007) has settled into her new role as Vice President of Treasury for Allstate after leaving her post as Chicago city treasurer 10 months ago. In an interview with Blue Sky Innovation, Stephanie explained why she returned to the private sector and what she learned about leadership from public life, from her family and from a corporate speaker. Read more...
Chicago Tribune Logo


TONI SMITH ON NICHE COMMUNITIES
Toni Smith, CEO of Board Doctor Inc. (1993), was featured in an article about niche communities that appeal to retirees.

Toni moved 18 months ago to the Admiral at the Lake, a continuing care retirement community on Chicago's North Side near the Foster Avenue beach. The community has an active life-long learning program. Toni co-chairs the community's life-long learning committee, which brings educational programs to the building. As a volunteer at Chicago's Oriental Institute, she was able to arrange for an Egyptologist to give a lecture at the Admiral. About 70 people showed up. This fall, an expert will preview a new exhibit at the Oriental Institute on Persepolis, an ancient Iranian city destroyed by Alexander the Great. She will also arrange a three-part program on astronomy. "There's a wealth of possibilities," says Toni Smith. Eventually, she would like to have local colleges and universities give regular courses at the building. She is in talks with one school to bring eight-week classes to the Admiral.

"It adds a whole new layer of activities to the community," she says
. Read more...
 
Crain's  
UNIVERSITY OF CHICAGO MEDICINE OPENING NEW SOUTH LOOP CLINIC
University of Chicago Medicine (Sharon O'Keefe (2015)) is opening a new clinic in the South Loop as the academic medical center looks to reach more patients beyond its Hyde Park campus. Physicians specializing in primary care, cardiology and orthopedics, among other specialties, are expected to have up to 75,000 patient visits a year at the 18,000-square-foot clinic. It's slated to open in October 2016 inside Southgate Market, a retail hub at Canal Street and Roosevelt Road. Read more...
Crain's


 
THERESA MINTLE'S LETTER TO EDITOR
Theresa Mintle (2015), President & CEO of Chicagoland Chamber of Commerce, wrote to Crain's regarding funding for Choose Chicago. "Choose Chicago is a great example of the private sector, government and labor working together. This is a call for leadership from all sides to collaborate on tough choices. It is time for everyone to come to the table so that we have a shot at remaining the best place to live, work and visit in the nation." Read more...
Crain's


 
CRAIN'S LIST: LARGEST REAL ESTATE BROKERS (SALES)
Crain's Chicago Business compiled a list of the city's largest real estate brokers in sales. The offices were ranked by total value of sales transactions for the six-county Chicago area. Among TCN member companies on the list were:
  • #1 - CBRE Inc. (Teresa Mancuso (2002) and Nancy Pacher (1994)) 
  • #3 - Jones Lang LaSalle Inc. (Christie Kelly (2015) and Sheila Penrose (1995))
  • #6 - Cushman and Wakefield Inc. (Marilyn Lissner (2010)) 
CRAIN'S LIST: LARGEST REAL ESTATE BROKERS (LEASES)
Crain's Chicago Business compiled a list of the city's largest real estate brokers in leases. The offices were ranked by total value of lease transactions for the six-county Chicago area. Among TCN member companies on the list were:
  • #1 - CBRE Inc. (Teresa Mancuso and Nancy Pacher)
  • #2 - Jones Lang LaSalle Inc. (Christie Kelly and Sheila Penrose)
  • #4 - Cushman and Wakefield Inc. (Marilyn Lissner
CRAIN'S LIST: LARGEST OFFICE LEASES IN SUBURBAN CHICAGO
Crain's Chicago Business compiled a list of the city's largest office leases in suburban Chicago. The offices were ranked by total square foot. The tenant brokers on the list included the following TCN members companies:
  • #1 & 10 - Jones Lang LaSalle Inc. (Christie Kelly and Sheila Penrose)
  • #2 & 4 - CBRE Inc. (Teresa Mancuso and Nancy Pacher)
  • #5, 6 & 8 - Cushman and Wakefield Inc. (Marilyn Lissner
Women On Boards / Leadership  
DEE ROBINSON APPOINTED TO ILLINOIS GAMING BOARD
Governor Bruce Rauner announced his appointment of
Dee Robinson (2014) to the Illinois Gaming Board. She brings 27 years of business experience to the board. Dee
is the owner and CEO of Robinson Hill, Inc., a distribution company focused mainly on food and drink. They serve many non-traditional venues such as Navy Pier and airport concessions.
 
Dee is also an active member of the community serving on the Business Leadership Council, The Chicago Network and the Economic Club, among others. She has been honored with many awards including Black MBA Magazine's Entrepreneur of the Year, Top 100 under 50 Executive Leaders Award and the Women's Leadership Compass Award.   
DEB DEHAAS ON BOARD GENDER DIVERSITY
Deb DeHaas (2000), Vice Chairman, Chief Inclusion Officer, Deloitte LLP, published an op-ed in the Wall Street Journal about board gender diversity.

"In a globally interconnected world, where stakeholders are more diverse than ever, board and management diversity are essential for organizations to thrive in the current business environment. However, while many organizations are advocating for enhanced board composition overall, there is still some work to be done to achieve a real gender balance, as less than one in five women currently hold board seats, according to Women in the Boardroom: A Global Perspective, a report compiled by the Deloitte Global Center for Corporate Governance." Read more...

Madeleine Condit (Left) and Sheila Penrose (Right)
MADELEINE CONDIT AND SHEILA PENROSE ON DIRECTOR RECRUITING
Madeleine Condit (1998), Founder & CEO, Madeleine Condit & Associates LLC, and Sheila Penrose (1995), Chairman, Jones Lang LaSalle, co-authored an article in Directors & Boards Magazine about the importance of conducting reference checks on board candidates. Read more...
DOLORES KUNDA AND LATINO CORPORATE DIRECTORS ASSOCIATION FEATURED
The Latino Corporate Directors Association published an article in Latino Leaders about the efforts its leaders are making to get more Hispanics on boards across the country.  Dolores Kunda (2007), Executive Director of the Latino Corporate Directors Association, was featured. "We will develop and promote valuable Latino directors and future directors by introducing them to leader directors, nominating and governance chairs, executive search firms and CEOs and by making the business case for Latino inclusion in the boardroom," says Dolores Kunda. Read more...
Awards and Announcements
   
ILENE GORDON TO ACCEPT COMMUNITY SERVICE AWARD ON BEHALF OF INGREDION
On October 27th, Linda H. Heagy, Brain Research Foundation Trustee, will present the Community Service Award to Ilene Gordon (1989) on behalf of Ingredion Incorporated. Ilene is the Chairman, President and CEO of Ingredion, which has a strong legacy of philanthropic work in the Chicago area at the annual Discovery Dinner.
 
"It is an honor to be recognized by the BRF for our community service, and we look forward to the Discovery Dinner," said Ilene Gordon. "Ingredion has been in the Chicago area for more than 100 years, and we are committed to supporting the local communities where we work and live. When we receive this kind of recognition from an organization like the BRF, with its bold, visionary and personal commitment to its field, it demonstrates to me that Ingredion is making a visible and meaningful difference through our support and employee volunteer activities."
 
The 2015 Annual Discovery Dinner will take place at the Ritz Carlton Chicago, beginning at 6:00 p.m. on Tuesday, Oct. 27. For more information or to make a donation and/or make a reservation for the event, please go to http://www.pjhchicago.com/event/brf.  For more information about the Brain Research Foundation, visit www.theBRF.org.
MARY MEG MCCARTHY TO BE RECOGNIZED WITH JUSTICE JOHN PAUL STEVENS AWARD
The Chicago Bar Foundation and the Chicago Bar Association honored National Immigrant Justice Center (NIJC) Executive Director Mary Meg McCarthy (2015) on October 13th with their Justice John Paul Stevens Award.

The annual award is given to eight attorneys who exemplify Justice Stevens' dedication to integrity and public service. Under Mary's leadership, NIJC has become a leading immigrant and human rights advocacy organization, contributing to national and international debate and reform of immigration law and policy.

"I am honored and humbled to receive this award named for a man whose commitment to upholding the rule of law is a guiding compass for me," said Mary Meg McCarthy. "Justice Stevens' decision in Padilla v. Kentucky improved the lives of thousands of immigrants and their families by requiring that defense attorneys inform noncitizens of the consequences to their immigration status if they accept plea agreements." Read more...
CONNIE DUCKWORTH ACCEPTS 2015 N-PEACE AWARD  
Connie K. Duckworth (1994), Founder and CEO of ARZU, Inc., accepted a 2015 N-Peace Award from UNDP in New York City on October 23 for innovation in her work with destitute women weavers in Afghanistan to break the cycle of poverty and shift cultural attitudes of men. N-Peace (Engage for Peace, Equality, Access, Community and Empowerment)  is a multi-country initiative, which has recognized the tireless efforts of women peace activists in Asia since 2011.  In addition, Connie had the opportunity to present the ARZU story to some 400 donors and investors interested in social business enterprise.   
CARLA MICHELOTTI AWARDED FOR OUTSTANDING CONTRIBUTION TO SELF-REGULATION
From Carla Michelotti (2003):

The European Advertising Standards Alliance (EASA is the group representing the advertising industry's self regulation organizations in 28 Europeon countries) presented me with the award below for "outstanding contribution to self-regulation." This personal recognition award is not often given (it's not awarded annually), and has not been given to an American before. Just as background, EASA works with EU industry and regulators encouraging integrity in advertising, and establishing principles of advertising/ marketing.

KARON GIBSON TO BE HONORED AT INFLUENTIAL WOMEN IN BUSINESS AWARDS
Karon Gibson (1993), President of AmericaNurse Ltd., has been selected as a 2015 honoree in the Business Ledger's 18th Annual Influential Women in Business awards program. The awards will be presented at a recognition reception to be held on Thursday, November 5, 2015. The awards are presented to outstanding women executives who excel in business, civic and personal arenas. The honorees' business must be located or have a major presence in the Business Ledger's primary editorial coverage area, which includes DuPage, suburban Cook, Kane, Lake, McHenry or Will counties. Read more...
GOVERNORS STATE UNIVERSITY RECEIVES TITLE III GRANT
Governors State University (Elaine Maimon (2008)) has been selected to receive a Title III grant of $1.99 million over five years from the U.S. Department of Education's Strengthening Institutions Program (SIP). The grant will be used to fund a program called, "Integrating Pathways: Student Success and Retention through Junior Year Transition," which focuses on student success in transitioning to the junior year and attaining a baccalaureate degree.

Click here for the full press release. 
THE 6TH ANNUAL CLEAN ENERGY TRUST CHALLENGE IS NOW OPEN!
The Clean Energy Trust Challenge ( Amy Francetic (2015)) is a nationally recognized accelerator program and the largest single-day clean energy pitch competition in the nation. The Challenge has jumpstarted more than 80 startups in the Midwest to date. The finalists and winners from the last 5 Challenge competitions have:
  • Raised over $70 M in follow on funding 
  • Created over 300 jobs (with 24 new cleantech jobs created just last quarter!)
The competition is seeking its next class of amazing entrepreneurs and innovative technologies. They also welcome former applicants with new business developments to apply again.

To apply, click here ! This Blog Post includes more details about our annual Challenge program - past winners, real impacts, and important results. Please read and share with your networks.

This Applicant FAQ document provides more details about the timing of the competition, application and eligibility requirements.If you're interested in participating in the Challenge as an evaluator, mentor, sponsor, or event volunteer - please sign up HERE .
MERCY HOSPITAL DESIGNATED A BLUE DISTINCTION CENTER+ FOR MATERNITY SERVICES
Mercy Hospital ( Carol Schneider (2001)) has been designated a Blue Distinction Center+ for Maternity ServicesĀ® by Blue Cross Blue Shield.* This prestigious recognition identifies expertise in quality and cost efficiency in the delivery of specialty care. Only healthcare facilities that meet Blue Distinction's nationally established, objective quality measures, and achieve better overall outcomes for maternity patients are considered for designation as Blue Distinction Centers+.
Susan Gallagher (2002) is Chair and Mary Burke (2007) is Treasurer of Mercy Hospital's Board.  
 
*This newest designation further demonstrates Mercy's commitment to best-practice care, and our efforts to create a people-centered environment of excellence. Congratulations to our Maternity Services staff and all who helped achieve this great accomplishment! 
ANNOUNCEMENTS FROM GAIL MENELEY, CO-FOUNDER AND PRINCIPAL, SHIELDS MENELEY PARTNERS:
"Know How: Experience, Expertise, Execution" on Amazon Now!
Know How:  Experience, Expertise, Execution was published about eight weeks ago.  It was written by 30 of Shields Meneley Partner clients and contains practical, actionable advice on topics ranging from "What Investors Look For" and "Customer Loyalty" to "So You Want to be a PE Portfolio Company CEO?" I handled editorial development, and a client, Dev Mukherjee, handled production.  We are very proud of it and this could be promoted next month.

Check out our new book!   http://know-howthebook.com/
 
THE CONCEPT:  "NextActNow"
In late July, I was introduced to Rob Wallace, who spent 35 years as a producer and senior producer at news magazines ABC News 20/20 and at CBS News 60 Minutes II.  His body of work includes extensive reporting on topics ranging from entertainment and human interest stories to hard-hitting investigative reports. Mr. Wallace's personal standards required that all stories must include first rate reporting and, above all, have redeeming value.  He has garnered almost all major journalism awards, including the George Foster Peabody Award, the Edward R Murrow Award, several Cine Golden Eagle Awards and seven Emmys for National News and Documentaries.  He was the executive producer for Barbara Walters for 25 years when she was an ABC News Anchor, and the creator of 20/20. 
 
A client told him about Shields Meneley Partners, and he was the first company Rob approached with an innovative -- perhaps, even transformative - idea:  a video-profile that that would become part of an executive's presence on LinkedIn and other social media.
 
We filmed in August.  Our clients and others were fully prepped by Rob and his team.  He and his production crew shot the necessary footage on August 26th and the site is now live: www.nextactnow.com
 
This is what we believe:  a written resume will always be required in a senior executive search so that "boxes" can be checked on competencies and experience.  But, no matter how well-constructed and designed a typical resume is, it is passive.  It can't capture the essence of a candidate -- her personality, intelligence and presence.  Now imagine a video profile -- professionally written and filmed -- that lets you tell your own story in the most compelling way -- a resume that brings a candidate to life.    
 
I firmly believe that this model will become the norm, and that we are in on the ground floor.  It will allow recruiters and search committees to pre-qualify exceptional candidates faster, more efficiently and with far greater insight.    
 
Rob and his professional team will personally oversee the production of all interviews for "early adopters" so that we collect exceptional candidates to build out the site.  The anticipated fee for preparation, production, and creation of the finished product that individuals can attach to their LinkedIn profile or send out with their written resume will be $10,000 to $20,000.  BUT, the fee for "early adopters"  is only $5,000. 
 
There is some urgency to next steps:  Rob will be in town on November 2-3 and intends to film  between four and six interviews during that time.  We are already committed for Monday the 2nd through 2:00.  If TCN members would like to participate, we need to hear from them immediately since it will be first-come, first-serve on the shooting schedule.  He will return to Chicago as demand requires, and he will also be looking for candidates in New York and Los Angeles.
 
We urge TCN members to get in on the ground floor of a model that will be the gold standard in executive and board search.    
RESEARCH OPPORTUNITY!
A message from Ellen Mitchell, a friend of Lori Andrews':

If you held a senior leadership position (CEO, COO, CFO, CTO, CIO, CAO, CMO, Senior Vice President, Chancellor, Vice Chancellor, Dean, Provost and President, or equivalent) that ended at a time not of your choosing, we are interested in having you complete a survey to help us understand the impact, transition, and outcomes for such senior leaders.  While we know a great deal about how people come to attain senior leadership positions, less is known about what follows, especially if the transition was not one's choice.  The survey is completely anonymous and confidential and will take roughly 15-30 minutes,  depending on the length of your answers. If you are interested, please email Dr. M. Ellen Mitchell at Illinois Institute of Technology at mitchelle@iit.edu who will provide you access to the survey.  If you know of others who might qualify and be willing to or interested to participate, please pass along this notice.  Thank you so much for your support and assistance.  
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