SM&: "WOMEN ON TOP IN BOSTON: THE NEW POWERBROKERS"

November 2004

The third in our series of regular events that bring together topical issues and challenging aspects of our industry, "Women on Top", co-sposored by The Commonwealth Institute, featured three women who head some of the largest institutions in the city, all with bottom lines over $40 million: Joanne Handy, president and CEO of the Visiting Nurse Association of Boston, Joan Wallace-Benjamin, Ph.D., president and CEO of The Home for Little Wanderers, and Ellen M. Zane, president & CEO of Tufts-New England Medical Center and Floating Hospital for Childeren, SM& President and CEO Helene Solomon moderated. Some of the threads that kept reappearing were the impact of mentors; the need for risk taking ("If your're not willing to take a risk, you can be good," said Zane. "But I don't think you can be great"); the importance of thoughtful mergers ("There is such strength of feeling behind mergers," said Handy. I think there needs to be more mergers...but there is a downside when they detract from your inner focus"); and the growing power of nonprofits in our region ("Nonprofit organizations are the leading employer in six New England states with a payrol of $660 million in 2000," said Wallace-Benjamin. "The sector has tremendous power. We have a real opportunity to shape our city.") Participants left full of ideas about the changing world and escalating power represented by the nonprofit
sector — inspired by the women who run these important organizations.

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