The AdvaMed Women’s Executive Network (WEN) is an initiative promoting and cultivating female executive leadership across the medical technology industry. WEN aims to integrate women leaders from member companies into AdvaMed’s work and to support the medical technology industry as its companies emphasize elevating their women executives to senior leadership positions.
Since its official launch in 2014, WEN has grown exponentially, with more than 500 people in attendance at its events and a Leadership Circle consisting of 20+ senior women executives from across medtech. For AdvaMed Members, we offer a WEN Policy Working Group, which meets virtually on a monthly basis and is working to pull together an outline of best practices and guidelines for companies to follow when trying to further gender diversity within their own organizations. To view the current draft document, click here. Are you an AdvaMed MedTech Member and interested in joining the Policy Working Group? Email us here.
Everyone is welcome to join WEN and participate in our discussions and networking events. WEN sends occasional emails highlighting female executives making a difference in the industry and also to announce skill-building workshops and other events. If there are events you'd like to see from WEN in 2017, please send your suggestions to WEN@advamed.org. We look forward to seeing you soon!
Executive Communications Workshop | May 11, 2017 | Washington, DC
Overview: During this one day intensive and interactive workshop, attendees will learn and get advice directly from top female leaders from across medtech. Across the day, attendees will analyze their image and voice projected when talking to C Suite executives, learn techniques for communicating with the FDA and senior executives to get submissions and decisions cleared faster, and discover ways to protect their personal brand and company. The AdvaMed Women’s Executive Network (WEN) works to further the promotion and cultivation of female executive leadership across the medical technology industry. WEN aims to integrate women leaders from member companies into AdvaMed’s work and to support the medical technology industry as its companies emphasize elevating their women executives to senior leadership positions.
To learn more and register, please click here.
2017 Women’s Executive Network Conference | June 20, 2017 | Cambridge, MA
Overview: Across this unique one-day event, we’ll feature a range of executives from across the medical device and corporate world to discuss various issues pertaining to gender diversity in the leadership and executive ranks across our industry. We welcome men and women from across medtech to participate in this highly interactive and discussion based event.
To learn more and register, please click here.
11 Steps For Launching Your Corporate Mentoring Program And Keeping Your Millennials Webinar
Overview: If you want to drive retention at your company, it’s time to start mentoring. Mentoring has a big ROI for companies, in terms of aligning cultures, keeping millennials, and maximizing the workforce. In a recent survey of millennials, 71% stated that they wanted meaningful connections at work and hope to find a “second family” in their coworkers. Additionally, 75% not only want mentors, but deem it crucial for success. In the same survey, 70% of non-millennials say they are open to reverse mentoring. They acknowledge that 20-somethings have first-hand knowledge of social media and other technical practices and older employees want to learn! This session will provide 11 practical steps you can take to start an effective mentoring program in your organization.
To view the recording of this webinar, please click here.
In October 2016, we held our 3rd WEN Panel Discussion and Reception at AdvaMed 2016: The MedTech Conference. This year, the theme was women supporting women. Martha Shadan (Rotation Medical) provided opening remarks and kicked off the session celebrating women in the industry and highlighted six individuals who exude six key leadership qualities necessary for success in business and in medtech:
- Janet Trunzo, Senior Executive Vice President, Technology & Regulatory Affairs and Special Advisor to the President, AdvaMed
- Cathy Burzik, CEO, CFB Interests
- Maureen Mulvihill, CEO, Actuated Medical, Inc.
- Elizabeth Holmes, CEO, Theranos
- Virginia Rybski, Late CEO, Regenesis Biomedical Inc.
- Deb Kilpatrick, CEO, Evidation Health
To view the entire presentation, click here. The WEN panel featured Kerry McCracken (Flex Medical), Deb Rasin (Hill-Rom), Susan Strong (The Strong Group), and Michelle Axelrod (Porzio Life Sciences) who spoke about women (and men) helping other women through reinforcement and reaffirmation. They spoke to their own experiences and challenges throughout their career and advice to pass along to others. A lively discussion with the audience took place around how to effectively lead and develop relationships through networking. The group concluded with a facilitated networking reception covering various topics including mentorship & sponsorship, negotiations, advocating your career, working globally and remotely, and more.
If your organization is interested in supporting the Women’s Executive Network, please email Annie Feutz, firstname.lastname@example.org, for details on sponsorship opportunities.
Current Corporate WEN Partners include:
Facts About Women In Industry
In June of 2015, AdvaMed surveyed its member organizations and respondents reported that the #1 greatest obstacles holding women back from senior leadership positions are, “glass ceiling/overt discrimination,” and “lack of sponsorship in the company," with “feeling lost” as the second greatest obstacle. View the complete survey results.
The AdvaMed Women’s Executive Network aims to help tackle these challenges and make change in the industry.
- Only 12 of AdvaMed’s 250+ member companies are led by women
- Women constitute only 12% of healthcare industry board directors
- Women account for 73% of healthcare company managers but only 4% of CEOs
- Fortune 500 companies with more than 3 women on the Board have 66% higher return on invested capital
- Fortune 500 companies with more than 3 women on the Board have 42% higher return on sales