Women can compete globally on any level without losing their femininity. Yet, according to The Namibia Econonomist, women tend to differ from men on their management style in the following positive ways. Note: Many of these traits might also apply to men.
- Multi-tasking — comes in handy in the early stages of growing a business.
- Focus — the ability to cut out distractions and focus on what is important.
- Intuition is the undefinable, immeasurable sense that helps with decision making and women tend to listen theirs more often.
- Prudence is a characteristic not normally associated with entrepreneurship yet it is vital in the early stages of entrepreneurship, especially for women.
- Cautiousness — women tend to be more careful in business than men and respect the importance of getting the balance right between overt risk-taking and caution.
- Patience is linked to the trait of prudence and very helpful to have when the going gets tough.
- Empathy — women are known to have higher levels of empathy than men.
- Asking for advice — women have no issue with this, especially if they can get answers.
Read other attributes that women have in business:
Learning from Female Entrepreneurs
One final point: In order to gain self-confidence and overcome social attitudes, women need to network continuously, support each other, look for role models, update their knowledge and skills, and have a clear vision of what they wish to accomplish.
Photo Credit: Silicon Valley Blog
What’s Woman 20? Let’s not jump too fast. Turkey’s Deputy Prime Minister said recently that the G20, currently led by Turkey, would not get involved in Greece’s debt crisis without a request from the European Union, European Central Bank and International Monetary Fund. However, what has been identified are policies to implement that were adopted during previous G20 meetings, including small and medium entrepreneurs, or SMEs, women and youth.
“Under the inclusiveness agenda we have also announced a new engagement group, W20 or Woman 20,” he said. “This will be representatives from 19 countries and the EU working on how to effectively engage women into business covering women entrepreneurs.”
Read more: G20 staying out of Greek debt crisis, says Turkey’s Babacan, April 18, 2015
Screenshot courtesy: Worldbulletin News
She Taxis (ST) is a cab service for women travelers operated by women entrepreneurs in Thiruvananthapuram, Kochi and Kozhikode. The World Bank has shown interest in replicating the ST initiative in South Asian countries like Pakistan, Bhutan, Nepal and Bangladesh.
Watch out Uber. She Taxies is driving an empowering movement for women.
Women make up 60% of the riders but only 2% of the drivers. She Taxis is going to fix that.
Learn more here.
Screenshot courtesy of She Taxis
In the blue (ocean) economy, women are riding the wave of Africa’s maritime sector. Women have an unrivaled opportunity to drive the industrialization of Africa’s oceans, according to Nkosazana Dlamini-Zuma, the African Union chairwoman of the 54-member African Union.
“Women have come together and … those who work in the industry … want to see how they can be entrepreneurs in the industry,” says Dlamini-Zuma.
Learn more: Why women must ride the wave of Africa’s maritime sector
Photo Credit: mattk1979