CLYDE, WELCOME TO THE SHOW.
SO GOOD TO HAVE YOUR
PERSPECTIVE.
>> GREAT TO BE ON WITH CLYDE.
TRISH: THANK YOU FOR TRADE
NEGOTIATIONS YOU'VE DONE.
THANK YOU BOTH.
>>> WALL STREET HAS BEEN ALL
ABOUT LAST YEAR EVER SINCE MY
DEAR FRIEND MINDY GROSSMAN TOOK
OVER IN JULY.
THE STOCK HAS DOUBLED.
IT IS UP MORE THAN 300%
YEAR-TO-DATE.
WHAT AN INCREDIBLE RUN.
A BIG PART OF THAT IS A SWITCH
IN PROMOTION.
INSTEAD OF BEING ALL ABOUT
COUNTING POINTS AND DROPPING
POUNDS, THE COMPANY FOCUSED VERY
MUCH ON WELLNESS OFFERING A
FREESTYLE PROGRAM.
HAVING OPRAH AS YOUR SPOKE PEN
DOESN'T HURT.
EITHER.
WEIGHT WATCHERS IS LOOKING ON
MEAL KITS.
GROSSMAN IS LOOKING TO
REVOLUTIONIZE THIS 54-YEAR-OLD
COMPANY SHE HAS SPENT A LOT OF
HER CAREER MENTORING A LOT OF
YOUNG WOMEN INCLUDING MYSELF.
MINDY, JOINS US ON WOMEN'S
HISTORY MONTH HERE.
I MET YOU A WHILE BACK.
I USED TO INTERVIEW YOU
OCCASIONALLY BUT I GOT TO KNOW
YOU AND NEIL, YOUR WONDERFUL
HUSBAND AND YOUR DAUGHTER LIZZIE
PROBABLY ABOUT FIVE YEARS AGO.
>> IT HAS BEEN GREAT.
YOUR KIDS AS WELL, ESPECIALLY
OUR SURFBOARDING GIRL SCOUTS.
THE KIDS ARE ON VACATION.
FANTASTIC.
TRISH: THEY TALK ABOUT BOEING TO
AUNT MUNDIE'S HOUSE, CARVING OF
THE PUMPKINS.
>> THEY HAVE A GOOD ROLE MODEL.
TRISH: MINDY, ONE OF THE THINGS
I'VE BEEN AMAZED BY, CERTAINLY
WILL TO ME, GIVEN ME TREMENDOUS
GUIDANCE BUT YOU REALLY REACH
OUT TO WOMEN IN A WAY THAT I
THINK IS SO PROACTIVE, SO
IMPORTANT AND SO CRITICAL
ESPECIALLY NOWADAYS.
THIS ISING IS YOU HAVE DONE
THROUGHOUT YOUR ENTIRE CAREER,
CHAMPIONED WOMEN.
I KNOW BECAUSE I'VE BEEN AT YOUR
HOME, AT DINNERS WITH WOMEN YOU
ASSEMBLED AND GATHERED.
ONE OF MY VERY GOOD FRIENDS IS A
WOMAN I ACTUALLY WENT TO HIGH
SCHOOL WITH BUT YOU BROUGHT US
TOGETHER LATER ON AND YOU'VE
BEEN ALL ABOUT THE IMPORTANCE OF
WOMEN NETWORKING.
TELL ME WHY THAT IS --
>> I AM SO PASSIONATE ABOUT
DIVERSITY AS A WHOLE CERTAINLY
AS A BUSINESS IMPERATIVE AND A
HUMAN IMPERATIVE.
WE'RE REALLY BEGAN FOR ME, I
JOINED NIKE AND I WAS THE MOST
SENIOR WOMAN IN THE COMPANY AND
I REALIZED HOW CRITICAL
INCLUSION, RESPECT, DIVERSITY
WAS, AND NOT ONLY BECAUSE IT IS
A NICE TO HAVE, BUT IT IS THE
ONE THING THAT DRIVES
INNOVATION, IT DRIVES BUSINESS
STRATEGY AT THE TABLE AND THAT
DIVERSITY OF THOUGHT, RESPECT,
INCLUSION, MAKES ALL THE
DIFFERENCE FOR A SUCCESSFUL
BUSINESS.
WHAT STRUCK ME OVER THE COURSE
OF THOSE 16, 20 YEARS, HOW
COMPANIES TODAY CAN STILL NOT BE
DIVERSE AND PEOPLE STILL WANT TO
INVEST IN COMPANIES THAT ARE NOT
SAYING I WANT TO BE A MORE
SUCCESSFUL COMPANY BECAUSE
DIVERSITY, QUANTITATIVE, AND
QUALITATIVELY ALLOWS FOR LONGER
TERM BUSINESS SUCCESS.
TRISH: YOU HAVE MORE IDEAS.
>> IN TERMS OF, I ALWAYS FELT
THAT WOMEN SUPPORTING WOMEN AND,
MORE IMPORTANTLY TODAY, MEN
SUPPORTING WILL, AND GIVING US A
SEAT AT TABLE AND SHARING
EXPERIENCES AND VALUES AND
SUPPORT IS JUST SO IMPORTANT AND
I HAVE MADE IT PART OF MY
ENTIRE, YOU KNOW, MODUS OPERANDI
FOR DOING BUSINESS.
BUT WHAT HAS HAPPENED FOR ME, I
HAVE GAINED SO MUCH IN RETURN.
SO I HAVE WOMEN WHO I COUNT AS
FRIENDS WHO I HAVE MENTORED AT
EVERY GENERATION AND EVERY AGE
AND THAT IS HOW I HAVE LEARNED
AND I HAVE GAINED AND I FEEL
THAT HAD A LOT TO DO WITH MY
BUSINESS SUCCESS IS.
IN THE COMPANY THAT I CAME FROM,
AND AT WEIGHT WATCHERS WHERE I
AM NOW, WE'RE INCREDIBLY
DIVERSE.
MY LEADERSHIP TEAM, SEVEN OUT OF
12 MEMBERS, ARE WOMEN.
AND I HAVE SOMEONE FROM FRANCE
AND IRELAND AND UK, AND IT IS
JUST DIVERSITY OF THOUGHT THAT
COMES TO THE TABLE THAT ALLOWS
US TO HAVE WHAT I LOVE, I CALL
PRODUCTIVE DISCOMFORT.
TO BE ABLE TO HAVE THOSE
CONVERSATIONS.
TRISH: HOW DO YOU KEEP BECAUSE
WOMEN HAVE A LOT OF CHOICES THEY
HAVE TO MAKE IN LIFE, HOW IS IT
THAT YOU RETAIN, ATTRACT, KEEP
THESE TREMENDOUS WOMEN THAT YOU
HAVE WITHIN WEIGHT WATCHERS BUT
ALSO WHEN I KNEW YOU AT HSN,
TREMENDOUS WOMEN THERE AS WELL?
>> IT IS ABOUT BELONGING,
INCLUSION AND RESPECT.
PART OF RESPECT IS UNDERSTANDING
WHAT PEOPLE GO THROUGH AT
DIFFERENT LIFE STAGES AND I
THINK COMPANIES HAVE TO
UNDERSTAND THAT AND HAVE THE
FLEXIBILITY TO UNDERSTAND WHAT
SUPPORT IS NEEDED.
AND WE HAVE VERY FLEXIBLE WORK
SCHEDULES.
AND, YOU KNOW WHAT?
IT MAKES PEOPLE EVEN MORE
ACCOUNTABLE BECAUSE THEY KNOW
THEY CAN DO BOTH.
THEY KNOW THAT THE COMPANY IS
SUPPORTING AND RESPECTING THEM.
AND THAT MAKES A HUGE
DIFFERENCE.
AND IT CAN'T COME FROM HUMAN
RESOURCES, RIGHT?
THE CEO HAS TO BE A ROLE MODEL,
WHATEVER GENDER YOU ARE,
WHATEVER RACE YOU ARE, BECAUSE
DIVERSITY IS ALONG A LOT OF
PLATFORMS.
YOU HAVE TO SET THE AGENDA, AND
YOU HAVE TO BE RESPECTFUL AND
YOU HAVE TO MAKE PEOPLE KNOW
JUST HOW IMPORTANT IT IS TO HAVE
A DIVERSE WORKFORCE AND LET
EVERYONE IN THE COMPANY, EVEN
UNDERSTAND ELEMENTS OF
DIVERSITY.
SO IF YOU'RE IN A GLOBAL
COMPANY, RIGHT, DIVERSITIES MAY
LOOK DIFFERENT IN DIFFERENT
PLACES.
HOW YOU REFLECT WHO YOU ARE TO
CONSUMERS HAS TO BE DIVERSE.
IT SAYS WHO YOU ARE AS A BRAND.
TODAY MORE THAN EVER, ESPECIALLY
YOUNG PEOPLE, REALLY WANT A
BRAND WITH PURPOSE.
AND THEY WANT A BRAND THAT MEANS
SOMETHING TO THEM AND RESPECTS
THEM.
IF YOU ARE NOT INCLUSIVE, AND
YOU ARE NOT DIVERSE, YOU ARE NOT
GOING TO ATTRACT TALENT YOU NEED
FOR THE FUTURE.
TRISH: THAT IS VERY, VERY TRUE.
MINDY, YOU ARE INDEED A ROLE
MODEL TO EVERYONE AT WEIGHT
WATCHERS.
TO ME, TO EVERYONE AT HSN.
YOU HAVE A WONDERFUL MARRIAGE TO
A WONDERFUL MAN AND JUST A
BEAUTIFUL DAUGHTER AND
GRANDDAUGHTER AND SON-IN-LAW.
SO CONGRATULATIONS.
>> THANK YOU, NOW THAT I'M A
GRANDMOTHER THIS CONVERSATION
AROUND DIVERSITY AND INCLUSION
IS JUST THAT MUCH MORE IMPORTANT
TO ME BECAUSE I WANT HER TO HAVE
THE FUTURE SHE WANTS.
AND I WANT HER TO BE RESPECTED
AT EVERY POINT IN HER LIFE.
AND HAVE HER REALLY BELIEVE THAT
SHE CAN ACCOMPLISH ANYTHING SHE
WANTS.
TRISH: I'M WITH YOU A THOUSAND
PERCENT.
I WOULD GIVE YOU A HUG.