Matching Women Healthcare Leaders
with Experienced Female and Male Mentors
Our goal is to pair women leaders nearing the c-suite with top industry mentors, in an effort to bring more qualified female leaders into the c-suite. While the Healthcare industry recognizes the importance of diversity and female contribution, it lags behind other industries in terms of promoting diversity and female leadership among its ranks.
Women entrepreneurs face a lack of access to the mentorship and growth opportunities that are often available organically to their male counterparts and which directly contribute to leadership success. But there is a growing recognition among both men and women that more women-led ventures will lead to a more robust healthcare system that will benefit all participants. To that end, 71% of Fortune 500 companies have instituted formal mentoring programs to assist their younger managers to rise through the ranks. But few such structured programs exist to help emerging women leaders who are not associated with large corporations. CSweetener seeks to fill that gap.
What We Do
CSweetener is a new organization dedicated to matching emerging female healthcare leaders new and near to the C-Suite with those who have successfully navigated this terrain and are eager to share their knowledge and experience.
Our goal is to build lasting relationships among professionals that help women continue to become the best leaders they can be, whether they have already reached the C-Suite or are rapidly on their way there.
CSweetener relies on a technology platform that allows for profiling, matching, virtual meeting and tracking capabilities. It will also provide for a social community that allows both mentors and mentees to engage with each other on an ongoing basis. The program also offers a resource library to support the program. Data gathered through the platform and program will be used to further the body of research demonstrating the value and outcome of mentoring programs.
Our Mission: Amplify the Odds of Success
of healthcare decisions made by women
of startups have women on the founding team
women in the C-Suite by Series B
Women comprise fewer than 6% of all decision-makers at U.S. venture capital firms, and they hold only 16% of Board roles in U.S. corporations. Yet, it is widely documented that more gender-diverse teams have higher profitability and greater client satisfaction than all-male teams. Catalyst has identified a strong correlation between the number of women on boards and in the C-Suite and a company’s return on investment (ROI) and return on equity (ROE).
Why It Matters
Where mentoring programs exist, there has been a strongly positive effect. Research conducted by The UPS Store, for instance, found that small businesses that receive three hours of mentoring or more achieve higher revenues and increased business growth, as well as survive more than five years, which is double the survival rate of non-mentored businesses. Research conducted at Sun Microsystems found that mentoring has a strong positive impact on mentees, producing more highly valued employees and resulting in higher salaries, more promotions and higher retention rates, the latter for both mentors and mentees.