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Company: Dow Jones, New York, NY Company Description: Dow Jones & Company (NYSE: DJ; dowjones.com) is a leading provider of global business news and information services. Nomination Category: Individual Categories Nomination Sub Category: Best Executive – Service Businesses – up to 2,500 Employees
Nomination Title: Clare Hart Focuses on Customers and Product Innovation
Describe for the judges the activities and accomplishments of the nominated executive during the eligibility period (up to 500 words):
Clare Hart, President of the Dow Jones Enterprise Media Group and Executive Vice President of Dow Jones & Company assumed her role in March 2006 – just one month after the company was reorganized into three business units: Enterprise Media Group, Consumer Media Group and Local Media Group. Under Ms. Hart’s leadership and drive, Dow Jones’s Enterprise Media Group is a profitable $675 million entity and committed more than ever to a strong focus on customers and continuous product innovation. The Dow Jones Enterprise Media Group is an acknowledged leader in providing essential news and business information to individuals in enterprises around the world and employs nearly 2,200 people world-wide, including nearly 1,000 news staff.
When Clare joined Dow Jones she brought her vision for delivering Dow Jones’s business news and information to customers, when, where and how they need it. This was the same philosophy that Clare employed prior to her role at Dow Jones, when she was president and CEO of Factiva, before it was acquired by Dow Jones in December 2006. From January 2000 to February 2006, Ms. Hart drove the strategic vision for this award-winning and innovative business news and information company. During her tenure, Factiva grew to No. 1 in its industry from No. 3, reaching $281 million in annual revenue and serving more than 1.8 million business people at enterprises world-wide. Proving that her business approach was a recipe for success, Ms. Hart employed the same business approach to the Enterprise Media Group. So, it came as no surprise when she had the foresight to re-organize the Enterprise Media Group into three divisions in order to develop and offer content and technology solutions that allow financial services, corporate and media and government professionals to use news and business information in ways that create business opportunities and financial gain. The three individual units include:
• Dow Jones Indexes is an independent, full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products • Dow Jones Financial Information Services produces leading databases, electronic media, newsletters, conferences, directories, webinars, custom products and other information services on specialized markets and industry sectors. LBO has more than 1200 subscribers, and 46 out of the top 50 firms subscribe to Dow Jones VentureSource. • The Dow Jones Content Technology Solutions unit includes Dow Jones Client Solutions, Dow Jones Newswires and Factiva – an aggregator of business news and information.
Since then, the Enterprise Media Group has introduced a number of job-specific applications to the market, including the Dow Jones Elementized News Feed - designed for both buy- and sell-side firms involved in algorithmic trading, quantitative analysis and execution management, and Dow Jones Wealth Manager, which enables financial advisors to be provided with the information they need to build client loyalty and a strong, profitable customer base via the Web. Additionally, Clare continued to invest in other job-specific applications for information professionals and marketing and sales professionals within the Factiva product suite. The success of these products along with her strategic vision to re- align the business along organizational roles and customer needs reinforces why Clare Hart should be recognized as the Best Executive in service businesses up to 2,500 employees.
List the URLs (web addresses) of any online news stories, press releases, or other documents that you would like the judges to see that support your entry. IMPORTANT: List each URL on a separate line, begin each URL with http://, and enclose each URL in square brackets. For example, [http://www.yourcompany.com/pressrelease.html]:
http://www.djnewswires.com/us/pdf/Kimsey_Release_Final_09-07.pdf
http://www.djnewswires.com/us/pdf/DJWM_AE_05_30_07.pdf
http://www.djnewswires.com/us/pdf/DJENF_press_3-07.pdf
http://www.djnewswires.com/us/pdf/DJWM_Release.pdf
http://www.djnewswires.com/us/pdf/DJ_EMG_Structure_Release.pdf
http://www.dowjones.com/Pressroom/PressReleases/Other/US/2006/1215_US_Fa ctiva_3158.htm
http://www.djnewswires.com/us/pdf/Affluent_Investor_Study_3-07.pdf
Provide a brief biography of the nominated executive (up to 100 words):
Clare Hart is executive vice president, Dow Jones & Company, and president, Dow Jones Enterprise Media Group, a principal business unit with $675 million of revenue. She is responsible for the Company’s media portfolio serving the corporate, media, financial services and government markets. The unit is comprised of Dow Jones Content Technology Solutions (including Dow Jones Client Solutions, Dow Jones Newswires, and Factiva), Dow Jones Financial Information Services, and Dow Jones Indexes, as well as the Company’s enterprise-facing joint venture, STOXX.
From January 2000 to February 2006, Ms. Hart was president and chief executive officer of Factiva, where she drove the strategic vision for this award-winning and innovative business news and information company. During her tenure, Factiva grew to No. 1 in its industry from No. 3, reaching $281 million in annual revenue and serving more than 1.8 million business people at enterprises world-wide. Prior to this, Ms. Hart held the position of vice president and director of Factiva Global Sales, where she consolidated the multiple sales groups from each predecessor into one global team and began the process of building customer confidence in the new joint venture. She began her career at Dow Jones in 1983 and held various positions in sales, marketing, customer service, and product design and development at Dow Jones Interactive before joining Factiva.
Ms. Hart is regarded highly as an expert on business intelligence, enterprise- search technologies and the information needs of businesspeople and has won numerous awards for her leadership and innovation. From 2004 to 2006, she sat on the Software Information Industry Association (SIIA) board of directors. She is a member of the Special Libraries Association (SLA) and the Society of Competitive Intelligence Professionals (SCIP).
Ms. Hart received a bachelor of science degree in finance and computer systems management from Drexel University in Philadelphia. She also has an M.B.A. from Rider University in Lawrenceville, N.J.
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