RYE BROOK, N.Y. -- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, announced today that its Vice President of Strategy and Business Development Albert Cho has been selected to join the Aspen Institute Business and Society Program’s sixth class of First Mover Fellows. Individuals chosen for this program are working within companies to unite business growth with a sustainable society in the products and services they are developing. The Fellows chosen come from a wide variety of business sectors including food and beverage (Chipotle); technology (eBay, Facebook, Google and LinkedIn); pharmaceuticals (GlaxoSmithKline); finance (Credit Suisse and JPMorgan Chase) and chemicals (Dow).
“The accomplished and creative business professionals selected for this program, like Albert are redefining business success,” said Nancy McGaw, creator and director of the First Movers Fellowship Program. “They are looking over the quarterly horizon and creating long- term value for their companies in diverse ways such as lowering operating risks, managing supply chains, meeting the needs of underserved markets, and embedding sustainability practices throughout their organizations.”
The 12-month Fellowship, which includes three seminars, is built around the core themes of innovation, leadership, reflection and community. The program offers individuals a chance to become part of a growing community of innovators who share a passion about their work and belief in new possibilities for business. It also serves as an innovation lab where Fellows develop the skills to make their innovations real and successful in their organizations. The program offers both a leadership development opportunity for the Fellows and an organizational development strategy for their companies.
“The fellowship helps high potential, talented individuals in organizations to think even bolder and bigger and develop tools to succeed as changemakers,' said McGaw.
One of the requirements for Fellows is to identify and collaborate with colleagues within their companies who will serve as advisors during the fellowship period. Several members of Xylem’s Executive Council will work with Mr. Cho to disseminate lessons learned during the fellowship program throughout the company.
“It’s a great honor to be selected by peers as a First Mover Fellow, and I will use the opportunity to accelerate Xylem’s work on cultivating resilience to water risk,” said Cho. “Each day, our businesses work on important water challenges, and I believe we can do even more to enable communities to prepare for and recover from floods, droughts and other natural disasters.”
Candidates for the fellowship must be nominated by their peers. The selection process, which occurs over several months, begins with phone interviews with Aspen staff. If selected for a second round, Fellows must complete an application in which they describe the “next stage innovation project” they would undertake if selected to be in the program. Candidates are also interviewed by Fellows from previous classes. The final selection of the class is made by the fellowship Design Team. A list of the Design Team members can found at www.aspeninstitute.org/firstmoversdesignteam.
The First Movers Fellowship was developed by the Aspen Institute Business and Society Program, whose mission is to equip business leaders for the 21st century with a new management paradigm—the vision and knowledge to integrate corporate profitability and social value.
For more information about the First Movers Fellowship, or about the 2014 Fellows, visit www.aspeninstitute.org/firstmovers.
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in Rye Brook, N.Y., with 2013 revenues of $3.8 billion and more than 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability World Index for the last two years for advancing sustainable business practices and solutions worldwide.
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at www.xylem.com.