Archive for the 'Equality' Category

Women Entrepreneurs Are at the Forefront of Transformation

Published September 2, 2017 Economic growth , Equality Leave a Comment
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According to the 2017 Bank of America Women Business Owner Spotlight, an annual study of more than 1,000 small business owners, women entrepreneurs expect BIG cracks in the glass ceiling over the next 20 years, with a majority believing that women will match or exceed men in a number of areas, including but not limited to:

  • 80% of female entrepreneurs foresee greater or equal representation of women in STEM (science, technology, engineering, math) fields compared to men in STEM.
  • 68% believe women will match or exceed men in executive leadership or C-suite role representation.
  • 66% believe there will be more women-owned small businesses compared to those owned by men.
  • 61% of women believe their wages will be equal to or greater than those of men.

The study also found that women small business owners have shown significant increases in optimism toward the economy improving in the year ahead – including confidence in their local economy, the national economy and the global economy (32 percent in 2017 vs. 16 percent in 2016).

Read more …

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Note: Don’t miss our next WEGGinar™ 9/6/17 on “How to Win the Trade Game With Export Finance,” and presented by Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international).  Register here: https://register.gotowebinar.com/register/4753604763900421122.
Event is free of charge but you must register in advance to attend.
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Helping Young Girls, Women Entrepreneurs, and Business Owners Take on the World

Published July 2, 2017 Equality , Gender challenges , Young entrepreneurship Leave a Comment
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At WEGG, we are all about educating women entrepreneurs and business owners on how to go global but we also are fearless in helping young girls become strong and take on the world too.

We believe that it is at a young age when girls develop confidence and the ability, through encouragement, to speak up and demand what she wants in life.

We are a strong proponent of encouraging young girls to take risks — push boundaries, color outside the box, rock the boat — early on, so they can get comfortable with the possibility of failing, recovering fast, and not being perfect at everything.

These characteristics toughen a young girl and give her the confidence she needs to start a business, go places, shake things up a bit, and take on the world.

Read more …

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Note: Don’t miss our next WEGGinar™ 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States.  Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.
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Investing in Women-Owned Businesses Will Enhance Africa’s Productivity

Published June 25, 2017 Barriers to trade , Country specific , Economic growth , Education , Equality , Gender challenges Leave a Comment
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It is the objective of Synergy Systems Consults (UK) Limited, a company that specialises in promoting and identifying partnership and investment opportunities within Africa, to influence dynamic changes in terms of exporting international expertise that will enhance productivity in Africa. For example, the Association of Certified Protocol Practitioners in Nigeria (ACPPN) is a non-profit and non-governmental organization aimed at promoting and raising the standards of protocol practice in Nigeria and sharing best practices globally.

Another initiative is the empowerment of women, which has a great potential to boost economic growth and facilitate the goal of an inclusive sustainable development throughout Africa.  Social, cultural, legal and gender specific barriers tend to deprive women of engaging in specific industry supply chains.  There is a need to promote the successes and transformative framework for women that will eliminate barriers and build stronger economies.

Investing in women-owned business and assimilating them into corporate supply chains can also contribute significantly to the world’s economy. Today’s economy records less than one per cent of spending by large businesses on suppliers as produced by women-owned business, generating new employment opportunities and so on.

To strengthen competitiveness, a country must focus on women’s empowerment to achieve an innovative and growth-oriented environment.

Read more …

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Note: Don’t miss our next WEGGinar™ 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States.  Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.
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The Story of Happy Beginnings: Women Entrepreneurs

Published June 10, 2017 Enlighten Me! , Equality , Gender challenges , global women entrepreneurs , Innovation , Mentoring (Peer to peer) , Networking Leave a Comment
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In this post we focus on:  Why women don’t see themselves as entrepreneurs; five challenges faced by women entrepreneurs; gender differences in perceptions and propensity to start a business; and, diversity in innovation.  It’s really a story of happy beginnings about and for women entrepreneurs.  Read on.

1. Why women Don’t See Themselves as Entrepreneurs (The New York Times)

This article addresses why don’t more women become entrepreneurs?

Key point at the end:

She [Sheila Lirio Marcelo, the founder of Care.com] also advised women to develop thicker skin. “Men tend to shake off rejection more quickly than women,” she said, “but it’s absolutely true that entrepreneurs are made or broken by how they bounce back from adversity.”

2. Empowering Equality:  5 Challenges Faced by Women Entrepreneurs

This article focuses on what holds women entrepreneurs back? Why are women-owned firms less likely to also be growth-oriented firms?

3. Seeing the World with Different Eyes:  Gender Differences in Perceptions and the Propensity to Start a Business

Across countries, women own significantly fewer businesses than do men. The authors in this paper show that this is due primarily to the fact that “the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to women’s lower average levels of optimism and self-confidence, and higher fear of failure.”

4. Diversity in Innovation – Working Paper (Harvard Business School)

In this paper, the authors document the patterns of labor market participation by women and ethnic minorities in venture capital firms and as founders of venture capital-backed startups.

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Note: Don’t miss our next WEGGinar™ 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States.  Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.

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Diversity is Correlated with Business Performance

Published June 3, 2017 Culture , Equality , Sustainability practices , Training (entrepreneurial) Leave a Comment
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Many people think that if you can build a case on global diversity, things will shift and improve.  That’s not necessarily true.  The reality is that a lot more work needs to be done.

In the interview below with McKinsey’s Rik Kirkland, Harvard Kennedy School professor of public policy Iris Bohnet talks about what is working—and what is not—when it comes to building a more equitable workplace. An edited version of her remarks follows.

Here’s a snippet on one of Kirkland’s remarks relative to diversity and inclusion:

Based on that evidence, maybe we shouldn’t be quite as shocked that diversity training doesn’t have the impact that we were hoping it could have. Because even though you and I might agree now that we will be inclusive tomorrow, it is hard to follow through on those virtuous intentions.

Read more …

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Note: Don’t miss our next WEGGinar™ 6/7/17 on “Go! Go! Global With Sourcing Products,” and presented by Jodi Bondi Norgaard, speaker, consultant and founder of Go! Go! Sports Girls and JB Norgaard Enterprises, Inc.  Register here:  https://register.gotowebinar.com/register/7576894438194026755.
Event is no charge but you must register in advance to attend.

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Hope Not Fear: Women’s Marches Go Global

Published January 21, 2017 Equality , Gender challenges Leave a Comment
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The Women’s March on Washington has sparked rallies worldwide.  The event had been organized to express solidarity with the aims of the original march: opposition to USA President Trump’s agenda (think of it as a counter inauguration after Trump took office), and support of women’s rights and human rights in general.

Begun as a Facebook post just after the election, the march is the start of what organizers hope could be a sustained campaign of protest in a polarized America, unifying demonstrators around issues like reproductive rights, immigration and civil rights.  Source:  The New York Times

Here’s a glimpse of the marches today, January 21, 2017 — around the country, and around the world.  Let’s strive for hope, not fear, going forward.

Read more here.

Illustration credit:  The beautiful work of Louisa Cannell.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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How to Add $12 Trillion to Global Growth. Advance Women.

Published April 23, 2016 Economic growth , Equality , Gender challenges , global women entrepreneurs Leave a Comment
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HowtoAdd$12TrilliontoGlobalGrowth

The folks at McKinsey & Company have the global growth thing figured out.  A McKinsey Global Institute (MGI) report (September 2015), The power of parity: How advancing women’s equality can add $12 trillion to global growth, finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. All sectors — public, private, and social sectors — need to act to close gender gaps in work and society.

Gender inequality is not only a pressing moral and social issue but also a critical economic challenge. If women—who account for half the world’s working-age population—do not achieve their full economic potential, the global economy will suffer.

Read more:  How advancing women’s equality can add $12 trillion to global growth

Read the report:  The power of parity: How advancing women’s equality can add $12 trillion to global growth

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next_up_4May_2016_wegginarNote: Don’t miss our next WEGG webinar 5/4 on seven (7) ways to turn cross-cultural understanding into a competitive advantage and presented by expert Sophie Lechner. Register here: https://attendee.gotowebinar.com/register/1760398754302968579. Event is no charge but you must register in advance to attend.

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