For the fourth consecutive year, PNC Bank is honored to partner with Smart Business to host the Perspectives: Women Who Excel conference in northern Ohio. We frequently hear from our female clients who own or run businesses that they appreciate opportunities to learn from other successful businesswomen. That’s one reason we continue to support forums like the Perspectives conference that provide a platform for women to share their knowledge and experience with other women, as well as men, in our business community.
Supporting the achievement of women entrepreneurs and executives is vital to the economic health of Northeast Ohio, and it’s important to PNC. Throughout our company, more than 450 employees have been certified as women’s business advocates and are energetically engaged in helping women who own and run companies achieve financial success in their businesses and personal lives. Through these experts, we provide financial solutions ranging from capital to help grow their business to resources, such as our Insights for Women in Business magazine that inform, inspire and support them. You’ll find more information on how we’re helping women in business achieve at www.pnc.com/women.
Being a great place for women to work is another way PNC fosters the achievement of women in business. In 2010, we were recognized as among the Top 50 Companies for Executive Women by the National Association of Female Executives and among the 100 Best Companies for Working Mothers by Working Mother magazine. Further, as to commemorate Women’s History Month this year, several PNC associates recently shared their experience as businesswomen with career-bound college women. You can view their stories at www.YouTube.com/pnc.
We hope you join us in saluting the women who represent a bright future for our region.
Paul Clark is regional president of Northern Ohio for PNC. Learn more at www.pnc.com.
Often when we ask businesswomen who bank with National City how we can be more helpful to them, they ask us to create opportunities to broaden their network and expand their perspectives on growing and managing their business. Cleveland’s seventh annual panel discussion of the issues impacting women in business today, Perspectives: Women Who Excel, presented by Smart Business and National City, is designed to deliver on both objectives.
Whether through forums like the Perspectives conference or by providing the business and personal financial resources that companies and individuals require to flourish, our support of women in business is critical to a growing economy, where women are majority owners of 30 percent of America’s privately held firms — 50,000 in Cleveland alone. National City, now a part of The PNC Financial Services Group Inc., is honored to be recognized as a leader in this mission.
For more than 150 years, National City and PNC have helped to build strong communities through executive leadership, strategic investments and employee volunteerism. One example is our network of Women’s Business Advocates, a team of bankers who are passionate about supporting women entrepreneurs and executives. In fact, our advocates are named in a study commissioned by the prestigious Ewing Marion Kauffman Foundation as a best practice for providing businesswomen with access to capital. Together, National City and PNC are closing in on a pledge to lend a combined total of $7.5 billion to women-owned small businesses by 2010.
We also care about causes you tell us you care about. PNC’s Grow Up Great program, a 10-year, $100 million investment in early childhood education, is enabling four Cleveland arts and cultural institutions to develop a $2 million joint program, funded by The PNC Foundation, called Our Kids and the Arts — A Great Early Start. In addition, our nationally recognized commitment to green business practices has enabled us to lower costs and increase efficiency and productivity while enhancing the communities where we live, work and play.
These accolades are important because they recognize the same thing our customers do — PNC has the people, products and tools to help you succeed in all aspects of your financial life. In this issue of Smart Business, our hope is to also inform and inspire — with insights on achieving balance in work and life from six extraordinarily accomplished Women Who Excel.
Paul Clark is regional president of Northern Ohio for National City, now a part of PNC.
As the fifth-largest bank in America, PNC has more opportunity than ever before to help broaden the networks of women entrepreneurs and executives and to support the sustainability and growth of the businesses they own and manage. This year’s eighth annual panel discussion of the issues impacting women in business today Perspectives: Women Who Excel, presented by Smart Business and PNC delivers on both objectives.
Whether through forums like the Perspectives conference or by providing the business and personal financial resources that companies and individuals require to flourish, supporting women in business is critical to a thriving economy, locally and nationally. Within PNC’s 14-state footprint, women are majority owners of 1.7 million companies, and according to the Center for Women’s Business Research, they generate $302 billion in revenue annually. In fact, one-quarter of all of the nation’s majority women-owned companies are located in the communities we serve, and Cuyahoga County is one of the largest. Yet despite this wealth, women-owned companies are still less likely than their male counterparts to cross the coveted $1 million annual sales threshold. That’s why we’re advocates of women in business: By providing financial solutions and connecting women to useful resources, PNC can be a pivotal force in helping women close this gap.
Our advocacy for women starts at home. PNC ranks among the top 50 companies for executive women and 100 best companies for working mothers. We also care deeply about the causes that our customers care about, like providing kids with every advantage to achieve their goals as adults. Through our signature philanthropic program, Grow Up Great, a 10-year, $100 million investment in early childhood education, we are making strategic investments in the future by supporting quality early childhood programming.
Our corporate commitment to environmental sustainability is also forward-looking. By constructing green buildings (in fact, more U.S. Green Building Council LEED-certified buildings than any other company), we’re conserving energy and creating healthier working environments. It’s why Working Mother magazine has named us one of the Best Green Companies for America’s Children.
Our future is also an economy driven by high-achieving women entrepreneurs and executives. PNC is privileged to support this transformation by providing the people, products and tools to help you achieve in all aspects of your financial life and by supporting forums like the Perspectives conference that both inform and inspire.
Paul Clark is the regional president of Northern Ohio for PNC. Reach PNC at www.pnc.com.