Archive for category: Culture
EXOS Senior Program Manager Andrew B. touches on Vanguard’s virtual wellness offer
At EXOS, our goal is to upgrade lives through our four pillars of performance: mindset, nutrition, movement and recovery. Now more than ever, our ShipShape members and the crew at Vanguard need a sense of normalcy to get through this unprecedented time. When ShipShape centers closed in mid-March, our team quickly responded to pull together the following fitness service offering that has been made available to all crew:
Vanguard crew open up about their fitness regimens
Working out is a part of my daily routine, so I’m pretty set here at home in the way of space and equipment. But having access to the home workouts has really helped to add variety and motivation. It’s a great way to take that necessary break, and the coaches do an excellent job.
—Kim U.
Staying active was a major concern for me when I realized we’d be working remotely for an extended time. I take advantage of our ShipShape fitness center as much as I can, but now I’m on my own! What I’ve been trying to do is exercise before I open up my laptop in the morning, and then again in late afternoon after closing up shop. It’s a great way to clear my head and refocus. Usually I walk around the neighborhood, or if I’m lucky, I can play basketball with my teenage sons or get a family backyard volleyball game going. I’ve also been working with a ShipShape specialist who customized a workout plan that I can do without a ton of equipment. Her input has been fabulous! Now, if I can just stay away from the fridge . . .
—Jeff B.
Because our family is usually on the go, we have really had to make sure we are squeezing in daily workouts during this long work/school from home period. I have been taking advantage of our awesome virtual Ship Shape classes, online yoga sessions through my local studio, and completing my daughter’s assigned soccer workouts with her. I also try to take a quick walk during the day to get fresh air and, if I am lucky, I can slip outside to shoot a quick round of HORSE with the whole family. While we all want to stay physically fit during this time, the one thing we quickly realized is the importance of maintaining this physical activity as a way to maintain good mental health, too—both are so important!
—Kym G.
ShipShape’s EXOS trainers share tips that can help you cope
Mindset
Stay Active. It’s a slow process, but quitting will not speed it up. Dedicate this time to reach the goals that you’ve set for yourself. Drink lots of water, make healthy choices and exercise!
—Gianna T., Health Fitness Specialist, ShipShape PA
Spend 10 minutes each day doing something you enjoy: reading, journaling, listening to music, or going for a walk.
—Jess H., Health Fitness Specialist, ShipShape PA
Nutrition
Portion out snacks for the day for yourself and your family to control over-snacking. Designate a bowl or basket for each family member’s snacks. When planning out snacks, think about including all the colors of the rainbow like green apples, yellow peppers, red tomatoes and more!
—Becky M., Program Manager, ShipShape NC
Movement
Set a timer every 20-30 minutes throughout your work day to get up and either stretch or walk around the house for 2-3 minutes at a time. This way, you can come back fresh and more focused for your work day.
—Shannon O., Health Fitness Specialist, ShipShape AZ
Set a reoccurring alarm on your phone 3-5 times/day and label it as 10-20 repetitions of a specific movement i.e. squats, pushups, plank hold, lunges, etc. Movement is medicine!
—Brandon K., Program Manager, ShipShape PA
Recovery
Sleep is essential to having a healthy immune system. Dropping the thermostat between 65 and 72 degrees can help you fall asleep faster and stay asleep longer, allowing your body to naturally recover.
—Melissa K., Health Fitness Specialist, ShipShape PA
Group exercize
Regardless of your situation, you can set up a great workout space wherever you are! Whether it’s your bedroom or your backyard, make sure your area is clear of obstacles and distractions. Gather any equipment you need, grab water, and turn on some music to set your space and your intentions for your workout!
—Noah G., Program Manager, ShipShape PA
Why did you become a Vanguard crew member?
I have been in sales my entire 24-year career and I have been in financial services sales in one form or another for most of that time. One of the biggest draws for me coming to Vanguard was the culture, and what I mean by that is the focus on collaboration and crew. There was a positive collegiality that I felt when I came here. Many of the environments I have experienced have been male-dominated and highly competitive, and without a willingness to share information or help others. The inclusive nature of Vanguard came through in the interview process. Every single person I met really wanted to ensure I was a culture fit who could help strengthen the collaborative, collegial environment where all voices are heard, everyone is encouraged to bring his or her best ideas to the table, and everyone wins together. I’ll be honest, I didn’t really believe it at first, but after being here for 18 months, it’s true. I have a great team that cares for each other, promotes a sense of belonging, and iterates with one another on everything, even when we dissent and disagree. No feelings are hurt because it’s all in the spirit of trying to do what’s right for our clients and what’s right for Vanguard.
How does your team directly contribute to the client experience and doing what is right by our investors?
It is important for our sales force in FAS to always keep the end client, investors, top of mind, even though we deal directly with Financial Advisors. We have to understand both the Advisors’ business as well as the client perspective, which can get complicated at times. But when you think about the impact you have if you effectively communicate our mission and offer to the Advisors, and help them achieve the goals they have for their clients, it’s really something. One advisor can reach hundreds of clients, so if we set them up for success, a multitude of investors benefit. For every generation our sales team can touch and every subsequent generation of advisors they teach and train, the impact can be exponential. In FAS, we want to make sure that everyone has the best chance for investment success.
How is the sales organization in FAS evolving?
There is a transformation underway called distribution enablement and it is exactly as it sounds. It is a variety of tools, processes and resources that will help our sales people be more effective. There are ways in which we can approach the market more efficiently and a variety of enablement tools, technology and techniques that will allow us to do so.
We are starting to deploy these tools, and one example I’ll share is around our ability to deal with sales opportunities. Our teams haven’t previously been able to answer key questions that would allow one to determine and track success measures. With this new methodology centered on gathering information and involving all players to make better-informed decisions, we now have a shared language and approach that will help us accomplish our goals in a more streamlined way. Going forward, we need to ask ourselves the following questions: How do we go to market with something unique? How do we see more clients? How do we see them more often and further our relationships?
What are you looking for in a candidate to join the FAS sales team?
The first thing I would say is that sales is one of those words that can be viewed in a variety of ways. Sometimes people can be intimidated. What sales really means, especially in FAS at Vanguard, is that you are able to make connections with people. Are you curious? Are you interested in uncovering what an advisor’s business is all about? If you’re curious, love building relationships, and enjoy solving problems, this could really be a great path for you. Sales is one of the most fascinating professions as it is truly filled with philosophical conversation using psychology and human behavior to understand why people make the decisions they do and how you might be able to influence and guide them to a mutually beneficial outcome. Ultimately, this is all about empathetically navigating a conversation in order to identify what’s most important to that person. When asking our sales folks what the best part of their day is, more often than not, they’ll say it’s when they have had great client interactions with financial advisors and brought value to the relationship.
Interested in a career in Sales? Please click here to view available opportunities.
Tim Buckley: Greg, one of the questions that we’ve been getting from our clients is what are we doing around business continuity? What steps have we taken to make sure that regardless of how long the coronavirus goes on regards to how severe it gets that we can continue to keep the operations going? And now to our viewers out there, if you look behind me, what you’re looking at is one of our trading floors. Usually you’d see it densely populated. That doesn’t mean that people aren’t working out there when you just see people, every other desk or every third desk. It means that we’ve distanced them properly, and I should by the way mentioned that you’ll notice a Greg and I are sitting apart here. We’re trying to practice social distancing and everything that we do. Beyond, social distancing, what are you guys doing? What steps have you taken to make sure this operation continues? How have you distributed your team?
Greg Davis: So it starts really with the fact that hey, it’s a global operation so we have trading locations in the US, trading locations in the UK as well as Melbourne, Australia. And in addition to those global trading locations, we also have contingency sites that we’re leveraging right now in each one of those locations. So we have our team split up between our main hubs and those contingency sites, and we’ve even prepared for the fact that if we need to, our people could trade from home. So we’ve installed the technology, we’ve tested the system, so we could have business as usual, even in a severe event.
Tim: And trading from home is not something you are going to jump to. I mean you guys love the collaboration that happens on the floor even when people are spread out. It’s just much easier to happen there. That said, if we have to go there, we absolutely ready to do it.
Greg: Absolutely.
Tim: Security is going to be the same absolutely whether if someone’s at home as it’s going to be the same if we’re trading from home, as if you’re trading from here.
Greg: Absolutely.
Tim: Now, I should mention Greg that the rest of Vanguard’s operations, whether they’re talking to an associate at Vanguard, whatever area of Vanguard is supporting the client, those areas have been distributed too. That we have taken steps to move associates apart. Moving between different buildings. People are working from home. They are distributed between our sites as well so. We’re taking the steps to make sure that we continue business as usual here or as close to as usual as possible
Greg: Absolutely.
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For as long as I can remember, receiving quality education has been a priority in my household. I spent countless hours at my parents’ dining room table working on homework. Even now, my mom regularly tries to convince my 4-year-old son to work on spelling games at the same table. I feel very fortunate to have gotten the opportunity to work with the West Philadelphia Action for Early Learning (AFEL) to help instill this imperative into the children of that community. The organization has two main goals: kindergarten readiness and reading on grade level by the third grade. My colleagues and I were able to support these goals by preparing resource bags for use in classrooms and reading to some of the children from local schools. Beyond the crew that were able to attend, crew from across Vanguard donated over 250 books to help children build their home libraries.
The specific group that supported AFEL is the Vanguard Black Professional Network (VBPN), which is committed to increasing engagement of black crew members and supporting the increased representation of black crew in leadership positions. Having the opportunity to serve with aligned crew in a community that may produce the future of Vanguard leadership was truly a humbling experience.
— Josh C.
VBPN sponsored two MLK Days of Service events in North Carolina at Second Harvest Food Bank of Metrolina and Classroom Central. Second Harvest is responsible for supplying food throughout a 19-county region of North and South Carolina through a network of over 700 emergency pantries, soup kitchens, homeless shelters and programs for low-income children and seniors. Crew members took time out of their Saturday to help inspect and sort donated food items for distribution to those partner agencies. Classroom Central equips students in need by collecting and distributing free school supplies to their teachers. Eleven Vanguard crew members assisted the organization by die cutting shapes and organizing the overflow of school supplies in the warehouse.
— Ebony B. and Sabrina B.
As a North Caroline VBPN site lead, giving back is extremely important to me. It’s such a rewarding and humbling experience. I’ve been with Vanguard for 21 years and our commitment to our community has never wavered. It is an amazing differentiator, and providing Days of Service so crew can work together to help others is so empowering. As we celebrate Dr. Martin Luther King, Jr. and Black History Month, this resonates with me even more. His commitment to service and helping others was powerful and a major driver in the movement. To be able to not only serve, but honor him and his sacrifice, is humbling. To me, this is what our purpose is about; loving and helping others, and extending your hand to pull others up. That is what service is really about.
— Kenya H.
I am a helper by nature and have enjoyed volunteering for many organizations and causes since childhood. I recently had the opportunity to coordinate an MLK Days of Service volunteer event on behalf of VBPN at Feed My Starving Children (FMSC). FMSC is a non-profit organization that assists in providing rice, soy, dried vegetables, and vitamins and minerals to needy children locally and internationally. Through donations and the efforts of volunteers, FMSC is able to ensure the food is packaged and expedited to hungry kids. On the day of our volunteer event, I was immediately impressed with the FMSC staff. We were warmly greeted and provided with instructions to prepare us for the day.
I appreciated that the FMSC staff emphasized a hygienic environment to ensure the children were not exposed to germs, and we watched a video that included detailed instructions for each food prep station. The staff kept the event light by teaching us fun chants to say when each prep station was able to completely fill a box with food packages. The staff shared with the volunteers that it costs $88.00 to feed one needy child, ALL year! As a parent of two teenagers, that resonated with me. On average, it costs my family more than $88.00 per week in meals. During our volunteer session, we were able to fill 192 boxes with food packages, which will feed 113 children in Thailand and provide 41,472 meals!
When I volunteer, I feel that I benefit from the experience in so many ways. I get to share in the experience with fellow crew and members in our community that also volunteer their time. Volunteering helps me appreciate how fortunate we are and reminds me that by simply providing our time, we are making an impact. A thank you note I once received after donating my time included an impactful quote that sums up my volunteer journey:
“Help one another. There’s no time like the present
and no present like your time.” —James Durst
— Veronica A.
Early roots
Ever since I could remember, my parents consistently instilled in my siblings and me the belief that “it’s always better to give than to receive.” One way my parents demonstrated this belief was to participate in a variety of community service events throughout the course of year. When I think back to those events, my mind is instantly flooded with positive memories, and many stemmed from our annual participation in a sponsor-a-child program. I vividly recall as a young child walking up to the Christmas tree at my family’s church to select a “wish kid,” typically a young girl close to my age, for whom I could help ensure her holiday was just as joyous as my own.
Branching out to Vanguard
In 2011, prior to receiving my undergraduate degree and launching into the professional world, I searched determinedly for an employer who was both well regarded in the financial services industry and also demonstrated a strong sense of commitment to community service—a trait central to my own personal values. Luckily, I did not have to look far from the Philadelphia region to find Vanguard, a company with many community stewardship programs that were positively impacting their local communities. One program in particular caught my eye, given the close significance to my childhood memories: Vanguard’s Giving Season.
Seeding more Santa helpers
Fast forward to 2019, I share with enthusiasm that I have participated in the Giving Season at Vanguard each of the last eight years, and that I have been joined by my members of my soccer team. Outside of Vanguard, you can find me on countless soccer fields as a female youth soccer coach for a local Philadelphia club. While I don’t have a specific number of games or tournaments I set out to win, I do have one very specific goal—positively impact as many young girls in the surrounding Philadelphia area, both on and off the field, as possible. I feel that it is my unspoken duty to use my personal experiences and leadership skills as a platform to help influence the lives of my players. I want to make my players better people, not just better athletes.
During each Giving Season, I volunteer my time by signing up to shop for 20 kids who have been sponsored by Vanguard crew, and each of my players has her own child to shop for. My team and I will venture to the local Target and begin a shopping frenzy. I’d describe it as organized chaos, but thankfully I have a group of soccer moms who assist in the process! Overall, my team has an absolute blast while learning the same lesson my parents taught me—“it’s always better to give than to receive.” The best part? When they begin asking if our team will be shopping for children in need again next year.
When I was a young kid, I wanted to be the Incredible Hulk. However, my desire to be a super hero was different than that of my friends at school because of one small nuance: I spent time with Hulk. I knew that he woke up at 5:00am every morning to do cardio, and some days I would join him. I knew that he liked to put black pepper on almost everything he ate. I had the opportunity most evenings to watch him lift weights, and WOW! He was strong. And the green paint? Well, that was just for television and public appearances. You see I lived with the Incredible Hulk… he was my dad.
I have a vivid memory of when I was about five years old: My father (a.k.a. Hulk) was doing bench press in the basement, and I could hear his exhale with each rep. And then it stopped. Next came a struggled yell for help, followed by my mother running down the stairs in a panic, and then two incredibly loud thuds. My mother helped him dump the weights. And for the first time in my life, I realized that everyone, even a super hero, needs help sometimes.
Your career is no different. Neither is mine. We all need help. I recently completed a fun exercise: I listed as many people as I could think of that have helped me in my 15 year career. In about 10 minutes, I wrote down the names of 94 people, and I could have kept going. The old saying is true, sometimes it does take a village! Among these individuals, there are a few who have had the greatest impact on my career due to their willingness to serve as my mentors. In keeping with the theme of seeking help, I’ve asked two of them, Vanguard senior leaders Marissa Blank and Steve Holman, to come alongside me to construct a guide on how to establish a strong mentorship relationship.
I may never actually become the Incredible Hulk and save the world, but that’s okay… becoming someone’s mentor and positively impacting their life is just as fulfilling. In this season of giving, let’s show thanks to those who have helped us by committing to help others in their career.
Hispanic and Latino Americans have made vast and vital global contributions and their positive influence is felt in all aspects of life and society. They represent an array of distinct and vibrant cultures, each of which enriches our communities.
Recently, in recognition of National Hispanic Heritage Month, Vanguard’s Hispanic/Latino Organization for Leadership (HOLA) sponsored several small forums entitled HOLA VOCES at its Charlotte, Malvern, and Scottsdale offices. Each forum featured opening remarks from a HOLA leader, followed by a facilitated discussion focused on the Hispanic experience that considered reactions to recent events including the El Paso shootings and rising tensions around immigration.
In his opening remarks during a Malvern session, Hector M. Salcido-Torres, Fund Financial Services senior line manager, said, “You should be comfortable having conversations that are uncomfortable. It is impossible to leave it at the door. You may not agree but at least break down the barriers.”
Hector, an eighth generation Arizonan of Mexican descent, shared his grandparents’ experiences of attending segregated schools and being punished for speaking Spanish. Hector encouraged the audience, “Push yourself, drive yourself for the people that came before you. Being lazy is an insult to the people in heaven who are rooting for you.”
During the ensuing small group discussions, which included crew of Cuban, Salvadorian, Peruvian, Mexican, and Puerto Rican ethnic origins, thoughts and reactions were openly shared. Understanding that collective minorities will be the majority in the U.S. by 2030, crew universally agreed that they sought to assimilate, but also wanted to show up and be their honest selves. “I feel recent events in the U.S. have had a significant impact on the Hispanic and Latino community,” said Sejla Karalic, senior project manager in the Institutional Investor Group. “And some of the issues really resonate with me as an immigrant to this country.”
HOLA will sponsor several more VOCES forums thorough out the coming year, to bring crew from all walks of life together to share and learn from each other. “My experience with HOLA started with curiosity, which led to involvement, and now engagement,” said Nicholas Fernandez, Emerging Leader Development Program participant. “Being a part of events like the VOCES series makes me feel closer to my heritage and more at home at Vanguard.”
-Constance H.
Imagine a world in which you are a detail-oriented analyst focused on results and outcomes, encouraged to ask questions, and empowered to work with a team developing innovative solutions. Within the Client Experience & Digital (CXD) group at Vanguard, our high-performing teams are doing exactly that, and the data analysts are central to this work.
I’m writing this as a new team member, having joined CXD only a few weeks ago. People have asked me to describe what it’s like to work in CXD and what makes CXD different from other groups within Vanguard and places where I had previously worked. I started my career working with large databases within IT divisions, and then moved into direct-to-consumer retail marketing and marketing technology as those solutions gained prominence in the mid-2000s. I was aware of Vanguard’s mission, and as a woman and working mother, Vanguard’s focus on doing the right thing for both investors and employees was attractive to me. Two years ago, I was fortunate to join Vanguard’s Retail Marketing Analytics group, where I led a team of data analysts, before my recent transition to CXD, where I serve as a data analytics manager.
Three things come to mind when I consider what it is like to live and breathe analytics in this specific context and, in my experience, make working within CXD unique.
1. The first is POST-IT NOTES, which are used daily in brainstorming sessions, in mapping out client journeys, and in tracking progress against goals. They are representative of the way we work and our team structure, and they also provide decorative flair to the office walls. The work we do here is very visual – after all, the journey labs are focused on improving Vanguard’s digital experiences which is, in and of itself, inherently visual. They also come in a variety of colors, shapes, and sizes optimized to get a specific job done. I see this as being symbolic of the way our teams are structured and representative of the diversity of skills and backgrounds that help make our teams high performing.
2. The second is IMPROMPTU CELEBRATIONS. We work in short sprints, rapidly iterating to consistently move forward by taking one step at a time. This leads to celebrating small wins along the way. We might applaud the automation of a process or the results of an experiment because we are happy when we can see that we are making digital experiences better for our clients, or when we can quickly learn that something did not work as we had hypothesized. These celebrations also acknowledge personal and work milestones. We take pride in the work we do, and we look for ways to recognize the fact that we are making progress both personally and within our CXD journeys.
3. The final item is a high level of PEER-TO-PEER COLLABORATION. The data analysts are embedded within a “full-stack” agile team with strategists, developers, designers, and researchers. You might think this means analysts are without the support of an analytics community. This is not the case! The analysts continue to work closely with other analysts across CXD, thinking through approaches and validating findings while sharing knowledge with their analytic peers.
I think it is interesting that our analysts come from a variety of backgrounds and work from different strengths. It shouldn’t be surprising that we have individuals with quantitative experience. However, we also have team members with degrees in communications and people who started their Vanguard careers as phone representatives. Within this context, analysts switch between the technical and non-technical to continually ground decision making in the data, design and execute experiments, and craft data stories that are meaningful to the business. All of this happens so we can improve client experiences in support of Vanguard’s mission to give investors the best chance for investment success.
– Jane M.
Meet Bonnie D. She is an Advertising Manager who did not expect to find herself in the financial services industry. Now after having spent a number of years in creative roles at Vanguard, one thing she says she never takes for granted: “I laugh every single day.”
If you’re seeking an environment where you can make a difference and develop professionally, learn more about our MBA programs at www.vanguardjobs.com.
When I Iooked to return to the workforce after spending six years at home with my three children, the most important factors for me when searching for firms were culture and fit. I did quite a bit of due diligence and received a great deal of feedback about the firms I was looking at, especially from senior professional women. In the end, Vanguard stood out for its values as well as its focus on supporting women in the workplace.
Not long after I joined Vanguard three years ago, my husband was diagnosed with ALS. Since it was early in the diagnosis and his particular form of the diseases was rather slow moving, there was not much we needed to do to adjust the way in which we managed our home life with our kids. For this reason, I chose not to share my husband’s diagnosis broadly with colleagues in work situations. It wasn’t because I thought there would be any negative perception, I just wanted to keep it private. That being said, my supervisor and my team were aware of the situation and I knew I had flexibility in case of emergencies or other obligations, which was important to me.
Last fall, it became increasingly difficult to keep my husband’s diagnosis, and how it was affecting our family, to myself. It felt more and more like I was hiding something instead of simply being honest about everything, so I decided to share my story more broadly. Below is an excerpt from an e-mail I sent to my department, comprised of over 90 teammates:
“Early on in my tenure in [this department], I was asked to participate in a Culture and Inclusion panel on “covering,” which is a way of toning down part of your identity to fit into the mainstream. It is related to “passing” which is to be in the closet about your true identity. Both require energy and both should not be necessary in a culture of inclusion. Since becoming the [department] sponsor of Culture and Inclusion, I’ve given a great deal of thought to these concepts. While I’ve embraced parts of my identity as a mother, a woman, an Asian, and someone from the “outside,” there is one part of my identity that I have sought to hide. Nearly two years ago my husband was diagnosed with ALS or Lou Gehrig’s disease. Many of you may have participated in the ice bucket challenge a few years ago in support of ALS. It is a progressive, degenerative neuromuscular disease where victims lose the ability to control their muscles including eventually those needed for breathing. This past week my 10-year old daughter agreed to speak at her school assembly about her dad in an effort to raise awareness as part of her year-long “Think Care Act” project. When the principal asked her why she wanted an opportunity to speak at an assembly she said that while she is nervous about public speaking, she wanted to “try something outside of her comfort zone.” Which leads me to why I am writing this email. I wanted to try to get out of my own comfort zone and walk the talk of culture and inclusion. I believe strongly that there is a culture of inclusion and empathy here in [at Vanguard] and I hope each of you will find the courage to be your authentic self at work.”
The outpouring of support I received after sending that email was stunning. The best and most unexpected outcome was that so many people reached out with their own stories of health or family struggles. It was a gift to be able to connect with others on a more personal level.
Since becoming more open about my personal journey, I was recently asked to lead a session called “Navigating a Complicated Home Life.” The session was one of several “Candid Conversations” that were being orchestrated by the divisional organizers of Vanguard’s Women’s Initiative for Leadership Success (WILS) program. It was a small session of about twenty women of all ages and demographics, many of whom I did not know. I expressed with the group how I was trying to manage my home life, and the more I shared, the more others were willing to tell their own stories. No two stories were the same. The only common thread was the authenticity of the struggle. Some people spoke and others just listened with open hearts and minds. There was empathy, advice, tears and strong emotions. I left realizing this is why I had come to Vanguard. Work is not just work. Work is a community. Work is where we spend the majority of our time, time that could be spent with family, friends and other communities. I’m thankful to work at Vanguard where I believe everyone can be their authentic selves and feel supported by those they work with.
– Liz F.