Andrea Jung
Andrea Jung
Andrea Jung is a Canadian-American executive, non-profit leader, and prominent women's-issues supporter. In April, 2014, she became President and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. Grameen is the fastest growing microfinance organization in the United States, providing the largest number of microfinance loans to individuals and small businesses. From 1999 until 2012, she served as the first female CEO and Chairwoman of Avon Products, Inc., a multi-level marketing company. Jung...
NationalityAmerican
ProfessionBusinesswoman
CountryUnited States of America
I feel like I'm part of history being made. I leave Apple board meetings thinking, 'I've got to do a better job.'
I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.
President Obama's 100-day plan is pretty impressive. I think it's a Wow 100-plus days. The administration is not operating from fear, it is trying to drive change for the future, and that's a good thing.
I think there is a big and significant difference between being a leader and being a manager-leaders lead from the heart. You have to be analytical and flexible. Flexibility is one of the key ingredients to being successful. If you feel like it's difficult to change, you will probably have a harder time succeeding.
I think it's critical that you feel you're working for a person who is committed to advancing your career.
Talent is the No. 1 priority for a CEO. You think it's about vision and strategy, but you have to get the right people first.
I was marketing-based and U.S.-based. I hadn't run our international business; I hadn't run the operating line. Because of the board's insistence that I go on the road and get that experience, I'm sure I'm a better CEO than I would have been.
We invite our representatives to every mall kiosk opening. We try to encourage the fact that this is sort of flagship Avon.
I was still taking piano lessons up until 18 months ago. If I had one thing I could add to my very full calendar, it would be that. That's one of my personal goals because it helps balance all parts of your life, and I really get a lot of enjoyment out of playing Mozart and Beethoven.
On a great day, I don't believe that the amount of cosmetics sold over the Internet will be more than 25 percent.
The part that loses out at the end of the day is just doing things for myself. Sometimes when I go on a business trip, it's those five hours on the plane or that night in the hotel room which are the only moments when I have time for myself. Only then can I read magazines or a novel.
You have to combine instinct with a good business acumen. You just can't be creative, and you just can't be analytical.
We are encouraged by the improving foreign currency picture, which could result in some upside for earnings if currencies remain at or near their present levels for the rest of the year,
It's a proud moment for this company, ... Avon and the people of Suffern have had so much history together.