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Entrepreneurship Success Stories
Entrepreneur:
Rosemary Jordano
Company:
ChildrenFirst, Inc.
Year Started:
1992
Description
of Business: ChildrenFirst provides back-up child care to
employees of over 260 corporations and consortia throughout the
United States and Canada. Corporate clients pay a yearly fee
in exchange for a specific number of days of back-up child
care. The client's employees are then able to bring their
children to a ChildrenFirst center whenever primary child care plans
fall through. In 2001, the company had 35,869 registered
children and provided 73,172 child visits.
The
Story: Rosemary
Jordano earned a degree in economics and psychology from Wellesley
College in 1984. She also holds a Master’s in Developmental
Psychology from Oxford University in England earned and an MBA from
Stanford University in 1989. She began her career working as a
financial analyst for Merrill Lynch Capital Markets in New York and
Los Angeles before returning to her primary interest, quality child
care. Ms. Jordano was a recipient of The Boston Jaycees 1998
Top Ten Outstanding Young Leaders Award; the Pinnacle Award for
Achievement in Business from the Greater Boston Chamber of Commerce;
the Stanford Graduate School of Business Leadership Award; and the
1997-98 Leading Women Award from the Patriot’s Trail Girl Scout
Council. She serves on the national board of Jumpstart; the
Regis College Board of Trustees; the Dana-Farber Leadership Council;
and the Woman’s Health Leadership Forum at Boston’s Bringham
& Woman’s Hospital. She has also participated in the
Presidential Summit for America’s Future and the White House
Conference on Child Care.
Ropes
and Gray, a Boston law firm, opened a child care center in 1992 to
provide backup care for the firms employees. Operation of this
center was eventually taken over by ChildrenFirst, and became the
first of 31 centers now operating in the United States and Canada.
ChildFirst
provides an innovative service in a previously untapped market.
The
company also allows tens of thousands of corporate employees to
enhance their job performance by missing fewer days of work. Not
only do backup child care providers increase worker productivity,
they also give parents peace of mind knowing that their children are
being well-cared for in a safe environment. Such centers give
parents the opportunity to bring their families with them on
business trips, providing an opportunity for greater family
togetherness. Back-up child care reduces absenteeism and
increases productivity by providing parents with an alternative to
taking days off from work when their primary child care plans fall
through.
ChildrenFirst
currently employs over 220 people across the nation and in Canada.
Rosemary Jordano and ChildrenFirst have pledged over 100 volunteer
hours per employee and 1,000 days of backup child care in the
communities they serve.
Other Stories
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