These 20 companies are moving to the next round of our WMNtech Pitch Competition

94 startup founders applied to enter our WMNtech Pitch Competition, but only 20 are slated to move on to the semi-final round! After an intense first round review process from appointed leadership at 1871, we’re very excited to announce the startup founders and their companies moving on through.

Top 20 Companies of the WMNtech Pitch Competition 2022

About the pitch competition

The WMNtech Pitch Competition is our latest addition to our larger women tech founder initiative, which includes immersive programming, tailored resources, mentorship, and community support to help early stage women-identifying entrepreneurs embrace their unique strengths & break down the barriers they face. We can’t wait to bring together our full community of early, growth, and corporate members, VC partners, and allies as we bring much needed attention & resources to some incredible women-led startups!

Applications Open for Third Annual WMNfintech, Women’s Fintech Program from BMO Financial Group and 1871

  • tWomen-led startups can apply through April 22nd, 2022
  • Target startups have a U.S. based product or service that supports the financial sector

CHICAGO, March 22, 2022 – BMO Financial Group and 1871 today are issuing a national call for applications for their leading fintech industry program for women-led startups, WMNfintech. Applications for the 2022 program will be accepted through April 22nd, 2022.

Developed by BMO to help bridge the gender gap in the startup community, WMNfintech was launched in 2020 and continues to provide women entrepreneurs resources, support and mentorship to accelerate their business’ growth while diversifying their professional networks through BMO and 1871’s community of expert advisors, technology partners and founders. This is the latest evolution of the BMO / 1871 Innovation Program and was co-created specifically for women-founded and women-led startups developing products or services for the U.S. financial sector.

“We’re proud to work side-by-side with our longtime partner BMO to continue to expand this storied program,” said Betsy Ziegler, CEO of 1871. “WMNfintech is an essential part of our commitment to creating a culture of belonging for women in technology. The long line of success stories that have come out of this program highlight how transformative it is when women founders are given the resources, support, and community of advocates they need to thrive.”

“The WMNfintech program has experienced continued success and our network of alumni and supporters across the venture community are eagerly awaiting this year’s cohort,” said Andrew Harrison, Head, US Digital Partnerships, BMO Financial Group. “We’ve seen first-hand how this program can help drive meaningful growth for founders while offering an incredible opportunity to diversify their network with our partners and clients. This is a powerful opportunity to support innovation and the diverse customer-centric technologies that can transform the banking experience.”

     The program will provide selected startups with:

  • A three-month program with guidance from industry experts at BMO, including an executive champion who will offer leadership guidance
  • Four-months complimentary membership to 1871, including access to their space, resources, and roadmap of support    
  • Curriculum focused on enterprise sales cycles, vendor management, information security and risk and regulatory requirements
  • The opportunity to pitch investors for feedback, mentoring, continued connections and/or funding

Participants will also have access to 1871’s structured yet flexible roadmap of support known as PYROS, which includes a 12-week series of workshops, shareouts, deep dives, and one-to-one mentoring built to help founders navigate startup fundamentals and propel them forward through every business milestone, from idea stage through product-market fit.

WMNfintech is an essential part of WMNtech, 1871’s overarching affinity offerings for women founders and leaders in technology. Ranging from tailored and regular programming, mentorship, pitch competitions, and more, WMNtech serves women professionals from across the entire maturity curve and empowers them to succeed in every step of their career journey.

The program includes a pitch day designed for startups to gather feedback from and network with BMO senior executives. Participants may also have a potential future opportunity to pilot their product with BMO.

WMNfintech strongly aligns with BMO’s commitment to women through its Zero Barriers to Inclusion Strategy. Learn more about BMO’s support for women entrepreneurs and purpose to Boldly Grow the Good in business and life.

WMNfintech applications are due by April 22nd, 2022. More information and the application can be found at: https://1871.com/membership/wmnfintech

About BMO Harris Bank

BMO Harris Bank provides a broad range of personal banking products and solutions through more than 500 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank’s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States. For more information about BMO Harris Bank, visit the company fact sheet. Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$1.02 trillion as of January 31, 2022.

About 1871

1871 is Chicago’s technology hub and the #1 ranked private business incubator in the world. It exists to inspire, equip, and support early stage, growth scalers and innovators in building extraordinary businesses. 1871 is home to ~450 technology startups, ~300 growth stage companies, and ~1,500 members, and is supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 100 partner corporations, universities, education programs, accelerators, venture funds and others. Since its inception in 2012, more than 650 alumni companies are currently still active, have created over 11,000 jobs, and have raised more than $1.65 billion in follow-on capital.

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Contacts:

Jeff Roman, BMO, Jeff.Roman@bmo.com, (416) 867-3996

J Blaszczykiewicz, 1871, j@1871.com

Is your company’s offering obviously awesome? If not, it might be time to revisit your product positioning.

Toronto-based April Dunford wrote about this topic in her book “Obviously Awesome,” which ParkerGale’s Paul Stansik rated the best business book a couple years back. April now works exclusively with growth-stage companies on their positioning.

“It’s really hard to do good marketing and sales without having tight positioning,” April said. Learn more about the difference between positioning and messaging, how to “fix” positioning problems, and why founders, PE firms and portfolio companies should even care about positioning in the first place.

Don’t miss this latest #PrivateEquityFuncast interview between April and ParkerGale Partner Cici Zheng.


Listen on:

Apple Podcasts

Google Podcasts

Apps are now open for our 2022 summer internship program! 

If you’re looking to gain experience & build your resume while making valuable connections in the Chicago tech & startup scene, our internships are for you! Apply today for your chance to learn & grow among the brightest leaders in our expansive community of early stage founders, growth stage businesses, & Fortune 50 companies. 

Check out our openings & apply today:

Marketing copywriting intern 

The marketing copywriting intern will assist the Creative Producer and Copywriter brainstorm, write, and edit a wide range of 1871 content, including for social media, event promotion, and blog features. 

Marketing web optimization intern

The marketing web optimization intern will assist in brainstorming & editing a wide range of 1871 web content, including for landing pages, blog features, & more.

Marketing design intern

The marketing design intern will work on a number of design projects, including UX, illustration, motion, and data visualizations for 1871 content that will support awareness and interest phases of the marketing funnel.

Marketing operations intern

The marketing operations intern will work on a number of operational projects, including organization of project folders, templates, internal resources guide, and media assets that will optimize the internal and external functions of the marketing team.

Video & social content intern

The video & social content intern will assist the video producer in creating short-form videos to be distributed across 1871’s social media platforms.

Development intern

The development intern will assist the Director of Development with a wide range of responsibilities in support of 1871’s development strategy, including donor tracking & conducting research on potential sponsors & strategic partners. 

Events intern

The events intern will work alongside the Senior Manager of Events and will focus on hands-on/tactical events planning and execution. 

Product database management intern 

The product database management intern will support the Director of Affinity Programs in identifying efficiencies and creating streamlined processes in delivering specialty programs to the community.

Product data & analytics intern

The product data & analytics intern will support the Senior Manager of the PYROS Program in identifying efficiencies and creating streamlined processes in delivering the PYROS program to the entrepreneurial community.

Human resources & talent programs intern

The human resources & talent programs intern will support the Director of Talent Programs in identifying efficiencies and creating streamlined processes in delivering programs to the community.

On March 8, 2022, we joined our partner think!, a Glanbia company, and hundreds of leaders, founders, & allies for our annual International Women’s Day celebration! This year’s hybrid event brought together our full community both in-person at 1871 and from around the world for a day filled with educational programming, an incredible keynote, & plenty of opportunities to connect. 

In her opening address, our CEO Betsy Ziegler gave attendees the challenge to learn one new thing, meet one new person, & take the pledge to #BreakTheBias. Together, we took important steps toward building a more equal future for both ourselves & others.  

Betsy also shared the exciting news that we are introducing WMNtech, our newly-renamed affinity offerings for women professionals in technology! Our bi-annual WMNtech Founders & WMNtech Leaders programs will continue to provide important resources, support, & an engaged community to give women innovators an even greater opportunity to thrive. Read our full announcement here!  

A huge thank you to our partner think!, a Glanbia company, our keynote speaker Mary Dillon, and our incredible speakers, including Margaret Izard Oskoui, Krissie McMenamin, Tiffany Yvonne, Nicole Wood, & Foram Sheth. Thank you as well to everyone who joined us for this unforgettable day, as we came together to #BreakTheBias! 

We hope to see you for IWD 2023 next March! 

CONTACT

J Blaszczykiewicz

Director of Marketing, 1871

j@1871.com

1871 introduces WMNtech affinity offerings for women-identifying professionals in technology, including WMNtech Founders & WMNtech Leaders.


1871 announced today that its long-running programming for women-identifying founders & leaders—WISTEM and the Women Leadership Accelerator—are getting new names. 

As part of the rebrand, WISTEM will become WMNtech Founders and the Women Leadership Accelerator will become WMNtech Leaders

The announcement is 1871’s latest step in its ongoing commitment to providing tailored resources and support that help women-identifying professionals embrace their unique strengths and break down the barriers they face. The WMNtech offerings will serve members across 1871’s entire maturity curve, and are specifically designed to focus on the individual’s personal, professional, and leadership development. 

The WMNtech affinity offerings include: 

  • WMNtech Founders, designed for women-identifying tech founders that are building and growing their businesses
  • WMNtech Leaders, designed for women-identifying leaders working within larger tech companies

In addition to the rebrand, affinity offerings will now live under one product suite overseen by 1871’s Director of Affinity Groups. WMNtech Founders and WMNtech Leaders will also serve as the framework for the organization’s other affinity groups BLKtech and LTNtech (fka LatinX), which will launch founder and leader offerings in the coming year. 

“Whether you are an entrepreneur who is building your business or a young professional who wants to invest in your leadership skills, we want you to feel connected, included, and have the opportunity to thrive,” said 1871 CEO Betsy Ziegler. “Today’s announcement is an important milestone in our ongoing commitment to creating a culture of belonging—connecting innovators with the resources, support, and an engaged community. I look forward to welcoming future cohorts of WMNtech Founders and WMNtech Leaders, the next generation of women-identifying entrepreneurs and leaders across Chicagoland and beyond.”

Cohort members of both WMNtech Founders and WMNtech Leaders will gain access to:

  • Personal development programming and coaching 
  • A community of peer-to-peer support 
  • Deep resources and a wide network of allies

WMNtech programming runs bi-annually, with new cohorts welcomed in the fall and spring. Visit our WMNtech Founders & WMNtech Leaders pages to apply to join a future cohort! 

Venzee Technologies is producing all-new episodes for their podcast Rethinking Supply Chain, recorded in 1871’s podcast studio!

Check out the latest podcast release, where Venzee CEO and podcast host John Abrams meets with Erik Severinghaus – EVP of Strategy and Business Development at Conexiom – to discuss their thoughts on how long it will take for our supply chain issues to be fixed.

Full episode available on the Rethinking Supply Chain website!

In the newest episode of The 10 Minute Talent Rant James Hornick (Partner) and Jeff Smith (Partner) discuss why companies should make Chief Hiring Officer a thing.

As they said, the 3 must-have things to run a business:

1. Product

2. Sales

3. Hiring

Without all 3, you’re sunk.

Everyone prioritizes the first two but hiring…that just kinda happens by itself right? Post it and they will come?

Talent Acquisition has evolved. Successful recruiting draws on a variety of skills – sales, marketing, HR, operations, etc. It doesn’t cleanly ‘fit’ inside of any other part of the org.

Here’s a crazy idea: maybe it should be its own thing.

Listen to the episode here.

Get your pitches ready, because applications  just opened for our first-ever WMNtech Pitch Competition!

On average, less than 3% of all VC investment goes to women-led companies, and at 1871, we’re committed to playing an active role in closing this funding & opportunity gap. In this three-round virtual pitch competition, early stage women-identifying tech founders pitch their company for a chance to win a cash prize & equity opportunities from a panel of VC partners. 

The WMNtech Pitch Competition is our latest addition to our larger women tech founder initiative, which includes immersive programming, tailored resources, mentorship, and community support to help early stage women-identifying entrepreneurs embrace their unique strengths & break down the barriers they face. We can’t wait to bring together our full community of early, growth, and corporate members, VC partners, and allies as we bring much needed attention & resources to some incredible women-led startups!

Event Breakdown

Round 1 —Application review:

2.9.22 – 3.02.22 | Apply here! 

Round 2 — Semi-finals:

3.24.22 | Time TBD

The top 20 founders will virtually pitch their businesses to a panel of business leaders in a closed session. 

Round 3 — Finals

3.31.22 | 4:00 PM – 7:00 PM CST

The top 5 finalists will participate in a hybrid pitch to a panel of judges consisting of business leaders & major VCs in our network. This round will be open to the public.

Funding & awards 

Participating founders will have the chance to earn:

Visit our website for more information & apply by 3.02.22 for our WMNtech Pitch Competition!

  • Cash prizes & equity funding from our sponsoring VC partners, totalling $50k+ that will be awarded at the final event
  • 6-months free membership to 1871 to our top 5 finalists
  • Valuable connections to the best & brightest business leaders, tech entrepreneurs, & investors!

2021 came and went in the blink of an eye. Coming off of an extremely challenging year, no one knew what to expect 12 months ago.  We saw signs of the job market thawing in Q42020. The Unemployment Rate hit 6.7% in Dec 2020 (down from 14.7% in April 2020). But a recovery was far from certain.

Twelve months later?  Labor shortages are plaguing every industry.  The unemployment rate hit 3.9% in December 2021.  But that is only part of the story. The labor participation rate (percentage of Adult Americans in the workforce is near an all-time low of 61.9%. Broad numbers about the market as a whole aren’t terribly useful.  Understanding how they affect you or your company is more important.

Hirewell started releasing our Quarterly Data Insights series to discuss the trends we are seeing in hiring. We’ve got 90+ recruiters across the US.  They are spread across six functional practices – Tech, Human Resources & Recruiting, Finance & Accounting, Marketing, and Real Estate/Construction. In 2021, we helped over 350 companies hire over 1500 people.  So we see firsthand what is happening when it comes to hiring. We crunched the numbers to see what happened in 2021.  And what might be in store for 2022.

2021 Hiring Trends

The year-over-year increase in hiring volume was massive. Our hiring volume increased 2.5x.  Hiring increased 30% every quarter (compared to the previous quarter) until Q4, when we saw the standard slow down around the holidays. When looking at year over year numbers, Q4 was up 310% from the prior year.

What was hot?  Software engineers.  But that is no surprise.  The insatiable demand for engineers barely slowed down in 2020.  In 2021 we helped companies hire over 200 software engineers.  But that is only part of the story.  We saw the average salary increase every quarter.

  • Q1 113k 
  • Q2 119k
  • Q3 127k
  • Q4 134k

That’s an increase in average compensation of 18% in one year.

What else was hot?  Recruiters.  Hirewell launched its HR & Recruiters practice 10 years ago.  In that time, we have placed several hundred recruiters at companies across the US.  We placed 90 at clients in 2021. That was after placing 1 between April and October 2020.  When the market swings that wildly, it catches a lot of people by surprise.  It also causes salaries to spike quickly. 

  • Q1 Average Recruiter Salary = $85k
  • Q3/Q4 Average Recruiter Salary = $114k

That’s an increase of 34% in roughly 9 months. What a time to be alive for recruiters.

2021 Hirewell Internal Highlights

2021 was a busy year for us at Hirewell.  

  • We grew by over 40 people and are just under 100 employees.
  • We expanded nationally.  Pre-pandemic, >90% of our employees were in Chicago.  Now >33% of our people are in other markets.  
  • Our turnover was 6% (roughly a quarter of our industry’s average). The vast majority of that turnover was our employees going to work for our clients.

The biggest story for us in 2021?  We took on outside investment from Prytek and bought a software company. We think services + technology will be what drives our continued growth.

2022 – What’s next?

It is a fool’s exercise to predict what is going to happen in the course of a year.  That doesn’t mean we don’t have some educated guesses though.

  • Hiring in January picked up right where 2021 left off.  We saw an 18% year over year increase in job openings.  January starts are double what they were in 2021
  • There are roughly 11,000,000 open jobs in the US. There will continue to be a shortage of qualified candidates..
  • Recruiters are going to continue to be in high demand. As are software engineers.  
  • Wages are going to continue to rise, but for how long? 20+% increases are not sustainable for most companies.
  • Companies need to start thinking outside the box.  Upskilling existing workers and hiring people without prior experience needs to be a priority for all companies.
  • Recruiting technology needs to evolve. There is a shortage of recruiters. And they spend way too much time sourcing candidates.  We are working to address this challenge.

What’s next for Hirewell

We are continuing to hire – we’ve brought on 8 new hires in January. Our OnDemand Recruiting practice is on pace to grow 100% from 2021. Our investment in technology is already paying dividends for our recruiters at Hirewell.  We are excited to roll it (Sourcwell) out to clients later in Q1.  If you are interested in becoming a beta client – let us know!

Originally published here.

Some say the pandemic is the public health crisis of our generation. But if you ask blood banks, they might disagree.

Just hours before I sat down to write this, the American Red Cross declared its first ever national blood crisis. The U.S. is currently experiencing the worst blood shortage in a decade, with dangerously low inventory levels attributed to multiple factors. Ongoing blood and plasma shortages in EuropeAfrica and other regions also have regulatory bodies working with non-government organizations and the healthcare community to consider new directives and practices that can reduce or prevent an equal crisis.

Preserving every blood donation has become a global priority.

As such, many blood banks are turning to technology-monitoring tools to ensure units being distributed to hospitals and ambulatory surgery centers remain consistently below the prescribed temperature limit (usually 6°C or 10°C) and can be administered to the patient. Interestingly, though, some organizations are going a step further and leveraging these irreversible temperature indicators for reverse logistics. They are required to confirm unused units returned to the blood bank have not exceeded temperature thresholds – as defined by AABB Standards and 21 CFR 640 – and allowing them to make an informed redistribution decision.

EXPERTS SAY THE “30-MINUTE RULE” CAN’T ALWAYS BE TRUSTED

All blood banks have a responsibility to ensure donated blood and blood products are safe before they are used. Extensive lab testing is conducted to identify certain proteins or infectious disease pathogens are not present when donated blood is accepted into the blood bank system.  Once it is processed and made available for use, the primary hazard for the blood is heat exposure during storage or transportation that can negatively impact patient outcomes during blood transfusions. Despite this risk, many organizations still rely on the “30-minute rule” to monitor cold chain performance and confirm blood product viability.

However, many clinicians, researchers and others in the healthcare community have questioned the reliability of this “test” method in recent years.

As one published paper notes, “The quality of [red blood cells] RBCs depends on the storage conditions. The 30-minute rule could be shortened or lengthened if the acceptable temperature threshold is breached or maintained. The unknown factor is that one cannot confirm that the cold chain (system used to prevent biologic entities from deterioration by exposure to unacceptable temperatures) was maintained.”

In turn, we have received many calls from laboratories and blood banks that want to put the 30-minute rule to the test in their own facilities and supply chains using Zebra’s Safe-T-Vue® 10, manufactured by Temptime. Safe-T-Vue is an irreversible temperature indicator that provides an easy-to-read visual cue if a blood product has reached or exceeded the indication temperature to support compliance with blood handling requirements.

What customers have since confirmed is that the rule may work for smaller blood banks supporting just a few transfusions, but it generally cannot be trusted as “truth” in more fast-paced hospitals where blood is issued to the operating room (OR), emergency department or individual floors. With the units typically transported in coolers, blood banks, hospital workers and others involved in the logistics process cannot be confident the returned blood units have been kept at the appropriate temperature. As such, blood banks can’t re-inventory those units for re-issue, so they must dispose of them.

This is the fundamental problem with the “30-minute rule.” It does not provide the verification that the blood has been kept below the required temperature during the entire time it has been outside the blood bank. This leads to unnecessary waste of blood because those units may have remained in the proper temperature range the whole time and could have been restocked for future use.  Though waste is never ideal, these are live-saving blood products we’re talking about.

WE’RE FAR BEYOND PROOF OF CONCEPT

As I mentioned, blood banks, labs, hospitals and others in the blood products supply chain contact us when they are seeking a trusted technology to assure that every unit is being properly handled from a temperature perspective. They have heard about the blood temperature indicators and want to see if they meet the performance requirements and can provide the level of confidence needed in the maintenance of the cold chain – adding a new level of trust in both their shipping and return receipt processes, as well as blood product prep ahead of transfusions.

Rightfully so, many organizations want to test the Safe-T-Vue technology for themselves in their real-world environment versus relying solely on references. I remember one customer in particular that conducted a performance qualification and comparison study of two different types of blood temperature indicators with the goal of evaluating which would best meet its needs. It supported multiple blood banks of varying sizes and wanted to ensure it was using a product that would be right for all.

The customer ultimately chose Zebra’s Safe-T-Vue® 10 because it was simpler to interpret temperature excursions and was more accurate. That’s because with the Safe-T-Vue, as the blood bag begins to warm up, the indicator goes from white to red speckled to fully red. It’s very clear and easy to read.

Once the organization settled on the Safe-T-Vue indicator, though, it decided to take its research a step further with a comprehensive qualification study to verify it would work across several scenarios. To do that, its team simulated real blood bags by using a mixture of water and 10% glycerin. The team tested different volumes of bags and put the Safe-T-Vue on different areas of the bag. It used NISD probes to monitor internal temperatures and to compare how the indicator reacted.

Not surprisingly (at least to us), the customer’s findings showed that regardless of where Safe-T-Vue indicators were placed or volume of the blood bags, the results were the same. In all instances, the color of the indicator began to turn speckled at around 9º or 9.5ºC and were fully red at 10ºC. The team also conducted subsequent qualification studies with similar findings. Four years later, it tested Safe-T-Vue indicators on thawed frozen plasma and then, four years after that, on low titer whole blood.

MINIMIZED RISK OF WASTING VALUABLE BLOOD SUPPLIES, INCLUDING PLASMA

The primary reason for using blood temperature indicators, of course, is to prevent heat exposure blood products from being used, reduce blood product waste, and preserve blood products. It’s estimated that RBCs cost about $350 per bag, not including the labor involved for bringing it into inventory, which also adds to the overall expense. With Safe-T-Vue, there’s no question as to whether the blood product has stayed below 10ºC – eliminating the risk of disposing of units that are still viable because of any temperature control uncertainty.

This particular organization found that using the Safe-T-Vue for five-day plasma also saves critical time. It takes about 30 minutes to thaw plasma, which is done in a water bath as bags are agitated. Once thawed, the plasma is put in the refrigerator to cool, then a Safe-T-Vue is applied to the bag so it’s ready to dispense. That means plasma is always on hand, and there is no need to take the time to thaw it and then cool it to the appropriate temperature at the time it’s needed.

This is important considering that nearly 5,000 units of platelets and 6,500 units of plasma are needed daily in the U.S. alone, according to the latest American Red Cross estimations.

THE RISK OF FOLLOWING “THE 30-MINUTE RULE”

When it comes to blood products, extreme care must be given to make informed decisions. Even if we weren’t facing a blood or plasma crisis, we wouldn’t want to lose even a single unit due to subjective decision-making. Yet, this is a likely scenario if we leave it up to “time” to tell us whether a blood product is inside or outside an acceptable temperature range. That is why U.S. regulation does not include “time” as an appropriate single characteristic to determine whether a unit could be restored back into inventory and continual “temperature” measurement has become the standard.  

In other words, no one should be making a life-changing call based on the 30-minute rule.

Originally published here.

Does the company you founded have a written mission statement and the steps required to achieve it?  If you are running a successful startup, the answer is most likely yes.

Now be honest, do you have a similarly written plan for your personal finances?   Have you taken a close look at where you are today, what you are spending now, and how your financial plan will determine your future lifestyle?

The truth is that most entrepreneurs simply do not have time to manage their personal finances.  You are probably confident that a life-changing sum may be coming your way upon exit.  But with all the work needed to reach this goal – long hours, personal investments, overseeing your team – it is hard to find any time to manage and prepare for your financial success.

Founders like you face a unique set of challenges. It is no surprise that many find themselves at the cusp of realizing their dream of a liquidity event only to realize that, “wait… I have not prepared for this at all!”

The good news is that you are not the first entrepreneur to come to the realization that planning your personal finances will lead to the lifestyle you want.  Others have already experienced these challenges before you, leaving a framework of solutions we can apply to your specific needs.

Four Major Challenges: Time, Team, Tax, And Trust(S)

By applying the solutions covered in this guide you can: have more time, pay less tax, rely on a team of specialists, and trust that your legacy will be secured.

Here are four challenges faced by entrepreneurs and impactful solutions.

CHALLENGE #1: TIME

One of the modern facts of life is that nobody has any time.  In theory, new technology should help us save time.  But better technology means higher expectations, and higher expectations create more work.  This is even more true for a busy entrepreneur like yourself who is constantly at work building your company.

You can gain back control of time via one of the oldest technologies: your money.  Imagine you could invest in a way that allowed you to wake up every morning and say: “I can do whatever I want today.” Personal financial planning gives you options.  Retire early, build another company, live without financial stress; any of these goals can be achieved once you get started.

SOLUTION: YOUR FINANCIAL PLANNING RELATIONSHIP

The financial planning process begins by clarifying your goals with a financial planner.   A good planner will learn about your values and aspirations.  They will guide your progress and help bridge the gap between where you are financially and where you would like to be.  You will no longer have the burden of second-guessing every financial decision; or the risk of not making any decisions at all.

For many entrepreneurs, the financial planning process begins by addressing three core needs:

  1. Liquidity – your cash flow needs to maintain or improve your current lifestyle
  2. Longevity – your ability to grow and protect assets from a successful exit with strategic tax and investment planning
  3. Legacy – your wish to improve the lives of others, such as family, friends or charity

Along the way, good financial planning will also help entrepreneurs manage equity compensationstock diversificationrisk toleranceinvesting behavioreducation planning, and even team building.

Financial planning will help you spend less time worrying about your money and more time on what’s important to you and your family.  The playbook works, as it has for many others.  The next step is to identify the right person to quarterback your team and execute.

READ MORE:  What Does A Financial Advisor Really Do For You

CHALLENGE #2: TEAM

Most entrepreneurs are hyper-confident.  You know how to build a business.  Conviction in yourself and your abilities enables you to execute your vision.  But while you may be skilled at constructing a company balance sheet, managing a personal balance sheet is daunting.

You probably could manage your own finances if you had the time, desire, and training.  But the fact is, most successful entrepreneurs and professionals simply do not.  It is also important to understand that investing is not all about skill. It is about emotion.  And it is extremely hard for “anyone” to maintain objectivity and not make emotional decisions about their own money.

Just like you have done in your company, you will want to get the right team in place to meet these challenges.

SOLUTION: A FINANCIAL QUARTERBACK FOR YOUR TEAM

Think about building your personal financial team in the same way as you would with your company.  You hire outstanding managers to own different parts of the business and increase its valuation.  The only difference is we are working together to grow assets for you and your family.

Key members on a personal financial team include an accountant, attorney, private banker, and insurance specialist.  In many arrangements, these advisors work individually, placing an added burden on you to organize and delegate.  That is why we recommend finding someone who can act as the quarterback to manage your team.  This is the role of your Wealth Advisor, ideally a CERTIFIED FINANCIAL PLANNER™, who is also the individual that knows you and your goals best.

Your trusted advisor will sort through your financial needs and collaborate with your team, bringing all the specialists onto the same page and adding tremendous value.

READ MORE: How An Advisor Acts as A Quarterback to Your Team

CHALLENGE #3: TAXES

Imagine paying millions of dollars in tax upon a successful liquidation event from your company stock… only to learn that you did not have to. There is a saying that failing to plan is planning to fail.  In no subject is that wisdom more appropriate to entrepreneurs than in taxes.

Entrepreneurs face multiple tax challenges in each stage of their financial journey.  Early on, taxable income may be lower but future stock compensation must be strategically planned for.  Following a liquidity event, larger pools of assets must be managed properly to minimize taxable gains and income.  All along the way, solid deduction strategies can help lower a founder’s tax bill.

SOLUTION: A QUALIFIED SMALL BUSINESS STOCK (QSBS) CASE STUDY

One tax planning strategy for entrepreneurs delivers the greatest impact of all: Qualified Small Business Stock planning.  The QSBS exemption was created to reward risk-taking entrepreneurs and investors who create jobs with significant tax benefits.

The impact of these benefits is tremendous: QSBS exemption rules allow a company’s founders, employees, and early investors to exclude up to 100% of their capital gain on a sale of company stock, up to $10 million or 10x their initial investment.

While the tax-saving benefits of properly understanding QSBS can be measured in millions, QSBS can be difficult to plan for early on.  As a company nears or begins contemplating an exit, making a QSBS analysis to plot out the right moves to reap the QSBS benefits makes obvious sense.

To help you navigate the maze of QSBS rules, we have created a flow chart for download: “Does Your Stock Sale Meet the Qualified Small Business Sock (QSBS) Exemption?”  Follow the arrows to see if you qualify.

READ MORE: Entrepreneurs Guide to Qualified Small Business Stock 

Click here for PDF

CHALLENGE #4 TRUST(S) AND ESTATE PLANNING

Many entrepreneurs are young and perhaps have yet to even consider basic estate planning. There is no need until wealth is achieved post-liquidity, the thinking commonly goes.  This thinking is incorrect.  In fact, it is before paper wealth turns into real wealth when estate planning techniques can be the most powerful to preserve your family’s legacy.

An entrepreneur still building their company faces basic estate planning needs.  Having a will and term insurance can mitigate financial disaster for a family in the unfortunate event of death before a company’s valuation has truly been executed.  Estate planning is more than worst-case scenario planning, however.  The real solutions to preserving a family’s legacy relate to planning for positive events.

SOLUTION: A GRANTOR RETAINED ANNUITY TRUST (GRAT) CASE STUDY

How you plan your estate will have a significant impact on how much your family must pay in taxes, especially if you own assets like company stock that you expect to appreciate substantially.

Currently, estates above $11.58 million held by an individual ($23.26 million for a married couple) are subject to federal estate tax.  These limits will expire in 2026 down to approximately half of current levels.  At a hefty Federal tax rate of 40%, and many states adding additional state tax, a substantial portion of a wealthy family’s assets are likely to go toward taxes rather than to their heirs

Strategic estate planning can allow entrepreneurs minimize estate tax and preserve family history.  One example of this strategy is the creation of a Grantor Retained Annuity Trust, or GRAT.

A GRAT can freeze the taxable value of a business in its early stage, allowing you to limit future taxes.  You can retain control and continue to receive cash flows upon exit.

Assets with a low current valuation compared to their expected future value (such as stock in a privately held firm) are particularly well suited to putting into a GRAT.  This is because assets with the potential for great appreciation also have the potential for triggering large estate tax liabilities, and a GRAT allows you to bypass these future taxes.

READ MORE: Guide to GRATs – Estate Planning for Business Owners

Source: Kitces.com

IN CONCLUSION: YOUR OPPORTUNITY IS ALSO A RESPONSIBILITY

An entrepreneur does not have the security of the benefits that come along with being employed by a large company.  What you do have is enormous financial upside.  This opportunity comes with a responsibility to plan for future wealth.  We commonly see entrepreneurs who are very successful in their professional lives yet are disappointed that their skills have not transferred to their personal finances.

The four main challenges of time, team, taxes and trust(s) are a natural hurdle for laser-focused entrepreneurs busy building their company.  The good news is that there is a financial planning process that can help solve each of these challenges.  Ultimately, we hope that financial planning will help you spend less time worrying about your money and more time on what’s important to you and your family.

ABOUT SEAN

Sean Condon, CFP is a wealth advisor with more than a decade of industry experience. He specializes in helping entrepreneurs build their person wealth and serving as the quarterback to a team of advisors. Taking an owner’s approach, Sean does his best to understand the many elements of his clients’ entrepreneurial journeys. He works in a technically competent and caring manner to reduce his clients’ anxiety about money issues and serves as a fiduciary by always putting his clients’ best interests first. Learn more about Sean by connecting with him on LinkedIn.

We are available to answer your questions, and we would enjoy the opportunity to see if we are a good fit for helping you reach your financial goals.  You can reach us by calling (844) 377-4963 or emailing windgate@windgatewealth.com. You can also book an appointment online here.

Originally published here.

“I mean, it’s one banana, Michael. What could it cost? Ten dollars?”

I’ll never forget when I first heardLucille Bluth say this on the sitcom “Arrested Development.” It’s such a great example of easy it is for us as adults to lose sight of what’s going on around us, including what our children and teens are learning – or not learning – at school. From Common Core to remote learning, we’re all a bit prone to replicating Lucille Bluth’s out-of-touch nature when it comes to understanding student curriculum, whether we’re parents, guardians, educators, job recruiters, company leaders or just concerned community members.

Many children don’t understand what adults do for work, and many adults don’t know what children do at school.

At Zebra, we’re working to change both sides of this equation for a reason explained best by my colleague Tom Boehm, in a recent blog post: today’s students are tomorrow’s professionals.

If we want to recruit the best and brightest for our organizations, we must support them from early childhood through higher education.

That’s why we recently kicked off an endeavor with Lake View High School (LVHS), an institution that’s part of Chicago Public Schools’ Early College Science, Technology, Engineering and Math (STEM) School (ECSS) program. The ECSS program is under the Early College and Career Education department and designed to give students access to career-focused courses and STEM learning environments that better equip them for employment post-schooling.

OUR FIRST DAY AT SCHOOL

Admittedly, it was both exciting and nerve-wracking being back in the classroom. I had feelings reminiscent of my first real days at school – especially high school. You don’t know what to expect, yet you know it will be memorable.

Robert McLeod, Director of Customer Experience at Zebra, opened the floor at our first event with an overview of Zebra – what we help businesses achieve, the industries we operate within and a brief recap of our history.

While most of the students weren’t familiar with Zebra prior to our visit, hands raised across the room when Robert asked students whether they shopped at or visited a number of our customers’ businesses.

Next, Ayesha Crockett, Early College STEM Program Manager at LVHS, and I moderated a panel composed of a distinguished and diverse group of Zebra employees:

  • Chidi Osuji, Advanced Design Assurance Engineer, Asset Intelligence Technology; and former president of Zebras of African Descent, our inclusion network for Black employees and their allies
  • Gayle Frey, Strategic Account Manager, Sales
  • Stephanie Perez, Product Manager, Asset Tracking Solutions; and co-leader of UNIDOZ, our inclusion network for Hispanic and Latinx employees and their allies
  • Eric Coker, Senior Manager, Data Ops Engineering, Software and Solutions

The Zebra panelists fielded all sorts of questions from the LVHS students: How many hours do you work each week? What is a personal brand? How did you discover Zebra? How much money do Zebra employees make?

Of course, we had to answer them all, even the personal ones. So, we spent a couple hours discussing everything from work/life balance and salaries and commissions, to networking, internships and more.

Additionally, we’d be remiss not to mention how engaged the LVHS students were throughout the event. We were so impressed. LVHS’ core values are represented by the acronym “HOME” – Honor, Ownership, Mastery and Education. While all of these values were on display, we were particularly pleased to see the students exhibiting “ownership,” as they were fully invested in ideating their individual career paths.

BACK TO THE BASICS

While the original intent of working with LVHS was to teach students about STEM topics and prepare them for higher education and entering the workforce, they taught us a few important lessons along the way:

  1. It’s important to remind ourselves that many basic business concepts are not taught in schools or at home, even though there are endless benefits to learning them. With teachers and parents responsible for so much already, it is our turn as professionals and community members to share our knowledge and expertise.
  2. Students, like adults, are individuals – they have diverse backgrounds and interests across the board. There is no one-size-fits-all approach to knowledge sharing. While students aren’t to be underestimated, even the students who already have entrepreneurial goals can benefit from learning the basics. Don’t assume everyone has had the same experiences just because they’re sitting in the same room right now.
  3. We should strive to be just as good at listening as we are at sharing. As adults, we can learn just as much visiting a classroom as a high school student can visiting an office or warehouse floor. We really should embrace reverse mentorships more often, which is when junior employees share their expertise and perspectives with more senior employees – even if it’s something as simple as a spreadsheet tutorial.   

Remember, there is always someone smarter than us in the world. And, as we’ve learned at Zebra, that someone might just be the person who we were supposed to be teaching. So, let’s make a pledge to tune in more to those around us, share our knowledge often and stay curious.

Originally Published Here.

Like most companies, Zebra is still in the depths of its digital transformation. And when we started out on our cloud journey two-and-a-half-years ago, we needed the support of technical and strategic experts who could ensure we stayed on the right path. One of those experts was Google. 

Though technically a cloud services provider, the Google Cloud Platform team has proven to be a valuable transformation partner as well. Its team helped train ours and, as a result, we’ve been able to accomplish some pretty amazing things to improve the prospects for our customers, partners and company, which you’ll hear our Chief Technology Officer Tom Bianculli talk about in a minute. 

In fact, Zebra was recently named a 2021 Google Cloud Customer of the Year in the Manufacturing category, stemming from our utilization of Google Cloud solutions to transform and sustain our operations. The outcomes of our cloud-based innovations have been remarkable. We’ve been able to…

  • introduce a native RFID cloud platform that makes RFID accessible to businesses of all sizes.  
  • help customers integrate, monitor and optimize our software-as-a-service (SaaS) offerings as we migrate Reflexis and Zebra Prescriptive Analytics to the latest cloud native capabilities.
  • connect typically disparate devices (i.e., printers and mobile computers) and aggregate performance data into a single cloud instance for organization-wide visibility and preventative maintenance actions.
  • evolve how we handle our own compute-intense software builds to improve development velocity and deliver more effective, time-sensitive solutions to customers.
  • create a more productive, collaborative, and capable workforce that, in turn, has been able to help customers and partners better run their businesses in the age of the Internet of Things and Industry 4.0.

So, we sat down with Tom to find out the secret to our cloud success thus far. In this very revealing 25-minute discussion, he also explains…

  • how often Zebra evolves its cloud strategy and why people have become more comfortable with the rapid rate of change. 
  • how various artificial intelligence and machine learning technologies, combined with the cloud, will influence the capabilities and impact of robotics and machine vision solutions going forward.
  • who is driving the architectural strategy for Zebra’s robotics automation capabilities.
  • why you can expect the shift to cloud-native platforms to speed up and scale in the coming months, especially as data processing increases at the edge of the enterprise.
  • the advantage of “version-less” cloud-native apps, especially for organizations with limited IT or financial resources and continuous improvement ambitions.
  • how cloud strategies and utilization among front-line and knowledge workers compare.
  • some ways in which the cloud is facilitating virtual work opportunities in front-line environments that have traditionally required on-site workers, such as the remote operation of autonomous fork trucks.

Zebra’s biggest regret regarding the cloud, its most notable transformation accelerator and why “falling forward” has proven to be highly beneficial. 

Originally published here!


The pandemic is not the only global crisis straining hospitals right now. A growing number of cyberattacks have left healthcare systems around the world in “critical condition” and struggling to recover. With more patient records, medical devices, pharmaceutical supply chains and healthcare information systems targeted every day, a concerted effort must be made to reduce vulnerabilities – especially as mobile device use increases.

That’s why we asked Gopi Polavarapu to join us for a quick conversation about the risks versus rewards of workforce collaboration apps in healthcare settings.

He spends his days helping hospitals decisions makers understand ways to automate both clinical and non-clinical workflows, which is now a top priority with pandemic-related patient surges, staffing shortages, and supply shortages persisting. Care team members must be able to consult with one another from a distance and coordinate patient movements, equipment use, and room turnover with other departments. They must also be able to share and access information without having to put forth much effort, as the focus has to remain on patients. That’s where collaboration apps prove beneficial.

However, the alarms are sounding about the vulnerability of healthcare systems and connected devices, mobility solutions included. So, Gopi offers some advice to those who are not yet continuously monitoring their devices and talks about what everyone can do to reduce security vulnerabilities when using workforce collaboration tools so they can maximize their many benefits:

Your Edge Blog TeamIn Zebra’s newly released Healthcare Vision Study, a growing number of hospital executives say they are turning to technology to overcome long-standing operational challenges. In fact, the majority plan to give mobile devices to all staff types in the next five years, as there’s consensus that the quality of patient care would improve if nurses, clinicians and non-clinical healthcare workers had collaboration tools and healthcare applications.

However, we know mobile devices are viewed as easy targets by cybercriminals, making it that much more important for hospitals to think about how they will manage security. Are there some high-level best practices they should consider?

Gopi: Any device or network used to capture, store, transmit or access sensitive personal information must be kept secure and comply with local data privacy regulations to protect patient records. In the U.S., this would be the Health Insurance Portability and Accountability Act of 1996, or HIPAA.

Therefore, all technology deployments in hospitals require the implementation and enforcement of strict security policies. Healthcare providers should be creating various layers of defense mechanisms to protect themselves from vulnerabilities and cyberattacks.

Your Edge Blog Team: Can you walk us through some examples?

Gopi: First, you must ensure both wired and wireless networks are appropriately secured and actively updating to the latest technologies. This means security patches and software updates must be pushed regularly. As a best practice, hospitals and other healthcare service providers should institute proactive monitoring and intrusion detection systems and perform regular assessments. Vulnerabilities should be corrected as soon as they’re identified.

It’s important to then ensure endpoints such as fixed and mobile devices are receiving the latest security updates provided by firmware and operating system (OS) vendors.

Mobile OS such as Android™ and iOS do not support enterprise multiusers like desktop operating systems such as Windows® and Linux do. Yet, most of the healthcare providers using Zebra Android devices as shared devices are allowing staff to login with the same passcode on all devices to make it easy to handoff from one person to the next during shifts. Instead, healthcare organizations should adopt single sign-on (SSO) solutions like the one from Imprivata to support multiple users, profiles, and roles. 

Remember, securing devices and making the user experience frictionless is as important to employee productivity as it is key to keeping information secure and protected. SSO tools help ensure all software solutions and mobile applications are integrated with identity providers such as Ping or Okta and leverage two-factor authentication and directory services for proper access control and authorization. From there, organizations can then use Near Field Communication (NFC)-powered ID cards to provide frictionless access to those devices with biometrics.

Your Edge Blog Team: Let’s talk a little bit about what can be done to protect more casual conversations between healthcare providers. With push-to-talk communication solutions replacing old-school paging systems and instant messaging on the rise among care team members, how can staff ensure patient information isn’t accidentally overheard or seen by others in the vicinity?

Gopi: Due to the social revolution and various free collaboration tools available in the marketplace, healthcare organizations are seeing the need to equip mobile devices used for patient care with enterprise-grade collaboration tools that can address – and reduce – many of these risks.

As you noted, there is a lot of employee collaboration occurring within the hospital network among both clinical and non-clinical staff. They’re sharing medical records and discharge papers, collecting patient data, coordinating facility turnover and schedules, and managing staff rosters and schedules – all of which contains sensitive information.

Most of the collaboration tools available today offer various communication modalities, including telephony with voice extension, push-to-talk (PTT), secure messaging and locationing of people and assets. Most healthcare professionals prefer to use secure messaging for patient data and make voice calls in headset mode to keep the conversations private and prevent physical eavesdropping.

With that in mind, it’s important for decision-makers to choose voice collaboration solutions that can integrate with the local PBX in the hospital network and leverage secure RTP protocols. This will keep voice payload encrypted and further protect from eavesdropping. For example, Zebra’s Workforce Connect PTT Pro solution offers secure transmission of PTT sessions to prevent eavesdropping between the endpoints.

It’s also critical to look at the security of messaging solutions. Choose one that offers various levels of access controls. This will allow you to limit application logins to authorized parties only. Just confirm the messaging solution also encrypts data during transit and when at rest in servers.

And I want to reinforce one thing to the healthcare community and other organizations with shared devices: you must consider how you will protect all data elements before, during and after the user’s mobile device session. Of course, assigning permissions for device, data or application access based on role entitlement is necessary. A bedside nurse will probably have access to certain apps that other healthcare professionals may not have access to. But when that charge nurse signs off, how do you ensure the next person who picks up that shared mobile device next doesn’t accidentally see those high-permission apps or the previous user’s history? It’s critical you choose communication and collaboration tools that enable you to clear the cache, patient data and user credentials after each use.

Your Edge Blog Team: What else do hospital administrators, IT teams and even device users need to think about when introducing collaboration apps into the mix, from a security perspective?

Gopi: They must ensure the network firewalls (IDS) are in place to protect against external threats, and always push the latest security updates to devices to protect from cyberattacks coming from outside those networks. IT teams should also enforce proper access controls based on the roles and profiles of the users and protect identities with SSO or even identity protection systems with two-factor authentication. This will require some validation and careful monitoring over time.

And device users – hospital staff – should think about the information being provided or requested before taking action. Ask yourself, why am I being asked for this data? Is the data relevant to the task at hand? If someone else gets this data, would it be harmful?  These questions are intended to raise awareness of one’s environment, especially when the data is being transmitted via electronic devices and applications.

Your Edge Blog Team: Let’s talk safety of patients and staff. We know communication is key to improving response times when a medical event occurs, whether the patient is at home and EMTs need to respond or they’re in a hospital room and need a nurse or doctor to intervene. What can a collaboration app offer in these situations? How does the experience differ from more traditional dispatch, voice calling or alerting systems?

Gopi: In healthcare, mobile collaboration tools are addressing several different use cases in the context of safety. For example, acute care nurses can have a telephone extension on the mobile device via the app to pick up calls coming into their departments while on the move. Without this, calls about urgent patient needs could be missed, or a nurse who would otherwise be more valuable at the bedside might have to sit by the phone at the nurse’s station in case a call comes in. With enterprise-grade collaboration solutions, specifically, hospitalized patients can push a button on the bed to communicate with nurses for any care-related information. Again, the nurse can interact with that patient while making rounds using the collaboration app.

Healthcare professionals are also using enterprise-level secure messaging, voice communications and user locationing features found within these apps to collaborate better across distances, which is key to improving patient care. This is true in hospitals and on the front lines, where EMTs and non-acute care healthcare workers are using two-way radios or PTT solutions to communicate and coordinate care actions.

Mobile devices built for healthcare environments also have duress buttons on the back. When the button is long pressed, then the collaboration app can route voice calls, PTT calls and/or messages to hospital security or emergency services. This is beneficial when a user needs help with aggressively behaved patients. There’s also a drop detection feature that could automatically call for help if the app senses a device was dropped and not picked up. It could indicate the user fell and needs assistance.

Healthcare providers are also using telehealth solutions in non-acute care scenarios and offering remote monitoring solutions with software/hardware solutions to track health records like heart rates, blood pressure and blood glucose levels. All of this can be integrated into enterprise collaboration and communication platforms to aid with patient or care team communications and inform decisions.  

For more routine, automated workflows, the communications capabilities of workforce collaboration solutions are targeted for the task at hand. For example, users can initiate a PTT session to signal responders for a “Code” event, follow-up with text, and then escalate if required. 

Fundamentally, the integration of various communication mechanisms such as the telephone, PTT, messaging, alerting, and task management with existing and future backend systems allows for efficient seamless interoperability of the applications, tools and devices necessary for patient care and provider safety. That is, assuming they’re married with a versatile user/role management system protected by secure authentication.

Your Edge Blog Team: We know workflow automation is a top priority in the next year or two for hospital administrators. So, can you talk about how workforce collaboration tools can support that ambition?

Gopi: Imagine an EMT starting patient admission before arriving at the emergency room. A dynamic group chat could be created with patient details to admit the patient and automatically assign doctors, nurses and other support staff based on who is currently free or has bandwidth to take new patients in the shift. This dynamic group chat/feed will continue to provide updates to everyone in the group until the patient is discharged from the hospital. 

Collaboration tools can also be integrated into hospitals systems and nurse calling systems to monitor the health of the patients with real-time metrics and automated alerts. It can use what we call IFTTT logic to automatically dial/text everyone who needs to attend to patients in emergency situations.

What many of our customers like is the ability to use collaboration tools to locate assets like IV pumps, ventilators and other medical equipment in facilities. It improves utilization. Even patient locations can be tracked, which is helpful when it comes time to process patient discharge paperwork.

Your Edge Blog Team: Are there any other capabilities IT teams and tech buyers should consider when selecting workforce collaboration toolsets and deciding which apps to authorize?

Gopi:  Compliance is important, of course, as well as integration with existing infrastructure like Wi-Fi and PBXs. Also think about voice quality. Enterprise-grade tools should provide jitter and noise cancellation capabilities, and support voice roaming via multiple Wi-Fi access points.

Originally published here!

2021 has been a year of many firsts at Zebra. We launched our first machine vision solution, acquired our first robotics company, and – for the first time ever – defined clear, measurable inclusion and diversity (I&D) goals for all people leaders, with goals encouraged for all employees. Though all will contribute to the greater good of Zebra Nation and society in their own ways, we believe the last one on this list of “firsts” has the potential to move the needle significantly as we advance our broader I&D aspirations.  

Technology, though a meaningful contributor to our well-being in fast-paced, demand-intensive workplaces, can’t fulfill the one thing humans crave more than anything: other human connection. Social media contacts don’t sufficiently satisfy our need for acceptance of our authentic selves, especially in settings where we must interact face-to-face and work side-by-side with others.

Therefore, it’s imperative for all companies – even those developing the most intelligent and technologically advanced robots – to strongly root their culture in “conscious inclusion,” says Natalie Bodus, Senior Director of Inclusion and Diversity and Employer Brand here at Zebra. Companies must also appreciate that each of us are incredibly diverse in our own ways and play an important role in confronting biases and advancing a culture of belonging across the organization while focusing on outcomes, not just “feel good” activities.

In her last Inclusion and Diversity Action Report of 2021, Natalie spoke about the quantifiable progress that Zebra has made throughout the year in its efforts to become cultural change agents both within the company and in global communities. In our 15-minute sit-down, she also discussed:

  • her perspective on the meaning of allyship.
  • what it takes to be a genuine upstander versus a performative ally.
  • why it’s important that we – as companies and people – not rely on historically underrepresented populations to drive our transformation.
  • the specific actions Zebra has been taking to encourage greater allyship across the company.
  • how Zebra will leverage the momentum built in 2021 to drive greater awareness and ownership of the actions we can all take to advance inclusion and diversity, increase engagement in Zebra-hosted I&D conversations and initiatives, and continue to expand our philanthropy and volunteerism to advance equity at large.

TUNE IN NOW

Applications are now open for the upcoming spring 2022 cohorts of WISTEM & the Women Leadership Accelerator (WLA), our long-running affinity programming for women-identifying tech professionals!  

WISTEM & WLA exist to inspire, equip, and support the next generation of women-identifying founders & leaders across Chicagoland & beyond. Our affinity programs connect cohort members with the tailored resources, mentorship, and peer-to-peer support they need to succeed. 

Cohort members of our both affinity programs will gain access to: 

  • Personal development programming & coaching
  • A community of peer-to-peer support
  • Deep resources and a wide network of allies

WISTEM is designed for women-identifying tech founders that are building & growing their businesses.  Apps are open until 2.03.22. Apply today or RSVP to our member info session on 1.25 or public info session on 1.27! 

WLA is designed for women-identifying leaders working in technical and market-facing roles. Learn more here and apply! Apps are open until 2.18.22.

We can’t wait to come together both in-person & virtually to celebrate International Women’s Day 2022 on 3.08! Bring yourself, your friends, your team, and your allies as we get down with topics that uplift & equalize. 

This year’s theme is #BreakTheBias, a call to imagine a gender equal world free of bias, stereotypes, and discrimination. Join us for this half-day signature event at 1871 where we’ll connect, listen, and learn how we can begin to work together toward a future where difference is not only valued, but celebrated.

1871 is proud to serve as a safe space for women-identifying entrepreneurs and tech & innovation leaders and their allies, where every person can embrace their unique strengths, get support they need to succeed, and bring their full selves to our community. We’re committed to holding each other accountable through these necessary conversations and programs. 

IWD 2022 is sponsored by our incredible partner think!, a Glanbia company. think! was founded by a female entrepreneur and single mother and continues to empower people to eat well, live well, and feel great. 

About the Event

Our program will run in-person and virtually from 8:30 AM to 1 PM CST, and will include: 

  • Coffee, lunch & networking 
  • Two workshop tracks to choose from: 
    • The founder track is designed for individuals who have or want to start their own business OR already have started their business
    • The leader track is designed for individuals who want to improve their leadership skills within their company
  • 🥁 🚨 Announcing our IWD 2022 keynote speaker, Mary Dillion, Executive Chair of the Ulta Beauty Board of Directors!

Check back regularly on our event page for updates on our workshop topics & speakers! We can’t wait for you to join us and think!, a Glanbia company, as we celebrate International Women’s Day and #BreakTheBias!