ACE Women’s Forum: Setting the Stage for Inclusiveness

October 19, 2014 by Deborah Giss Stalker

At ACE, we have long recognized that the business case is strong for a diverse leadership pool and, as a result, we continue to help cultivate the careers of many professional women who can step into executive-level roles. One of the most important ways that ACE has supported the professional development of women actually began 12 years ago as a grassroots effort.Executive Summary ACE Group’s Deborah Giss Stalker, who is also the president of ACE Women’s Forum, describes the history of the Forum, its mentoring program and some of the milestones of the program to date.

Executive Summary

ACE Group's Deborah Giss Stalker, who is also the president of ACE Women's Forum, describes the history of the Forum, its mentoring program and some of the milestones of the program to date.
According to Catalyst’s 2011 report (catalyst.org), Fortune 500 companies with three or more women board directors in at least four of five years (2004-2008) had an average return-on-equity of 15.3 percent—46 percent higher than the 10.5 percent for those with a lower number of women on their boards.

In 2002, a small, informal group of women in Philadelphia met after work to talk about helping women advance at ACE. Several had worked for companies with networking groups that proved beneficial, and they wanted to bring that concept to ACE. According to research performed by Catalyst, a nonprofit that conducts research about the role of women in business, the companies with the most women board directors and a diverse executive representation outperform those companies with very few women in these roles.