Archive for the 'Sustainability practices' Category

Show Me the Data Supporting Women in Trade!

Panelists at the recent World Trade Organization’s Public Forum event in Geneva, chaired by UNCTAD Deputy Secretary-General Isabelle Durant, asked which data were necessary for formulating gender-responsive trade policies and how to improve their availability.

Analysis of global value chains – the complex international supply and manufacturing chains along which modern goods pass – can show the important part played by women in global trade but which is missed by trade statistics alone.

“A way to solve this would be to establish a link between exporting firms and their employees to enable better analysis of gender roles across the whole value chain over time,” Nadim Ahmad, chief of the Trade and Competitiveness Statistics Division at the Organisation for Economic Co-operation and Development, said. “In the absence of this, collaboration with the private sector presents opportunities for filling data gaps.”

With the work that wegg® does, we would be pleased to collaborate with UNCTAD to ensure that no woman is left behind on opportunities for exporting and expanding a business globally.  We are also happy to work with the World Trade Organization to craft a policy whereby we offer sustainable trade, technology-enabled trade, and a more inclusive trading system.

Read the entire article about women-supporting trade policies need better data, experts say.  wegg agrees.

wegg® keeps energizing women entrepreneurs the world over. We can help you build confidence, find great resources and show you the steps you can take to go global. Join us for our FREE wegginar® on 11/7 with Cristina Bandal. You can find all of the details, and register for the event, here.

NUMiX: Small Startup, Big Global Impact


Our next wegginar® presenter is Katie Kollhoff, CEO of water purification startup NUMiX, a business with rich marketplace potential.  In just six months, here’s what Katie and her team has achieved:

About NUMiX

The NUMiX business includes a suite of sorbent powder products capable of collecting metals from water.  Such products could be used to clean toxic metals out of industrial wastewater or recover silver in manufacturing processes for reuse.

About Katie and her upcoming wegginar 10/3/18

Katie is a Master’s of Engineering Management student and a safety engineer at Northwestern with a background in chemical engineering, specializing in process safety management.  Her wegginar, “Small Startup, Big Global Impact,” will cover:

  • Origin story of a small women-owned hard science company
  • Technological developments and their impact on water risk
  • Worldwide water as a market
  • Considerations of a small company reaching across the globe

To register (it’s free due to wegg’s sponsors) or learn more, visit: https://register.gotowebinar.com/register/8060785115734801921

Unlocking the Full Potential of Women- led SMEs in Indonesia

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In a recent East Asia Forum article, “Unleashing the capabilities of women-led SMEs in Indonesia,” author Naimah Talib reports that 43 percent of the 26 million small-to-medium enterprises (SMEs) in Indonesia are women led or women owned (WSMEs). Not only do these WSMEs make up for ten percent of the country’s GDP, they also lead to social development of the culture by empowering women economically. Besides these major benefits, support of WSMEs aids Indonesia in achieving the UN’s “Sustainable Development Goals”, specifically the tenets of ‘gender equality,’ ‘decent work and economic growth’, and ‘reduced inequality’.

The advantages of backing WSMEs are clear, but why are there limitations on the growth of these organizations? This is the question that Talib proposes. She illustrates just some of the difficulties women who head businesses face. Talib explains,

” …common difficulties for expansion [for WSMEs] include limited access to information about financial support, lack of business and entrepreneurial skills, lack of professional networks and limited government support and services at the local level. Financial support is available for WSMEs, but female entrepreneurs tend to lack information about these options. Female entrepreneurs find that information about government funding programs is often limited, difficult to access or unclear.”

One of Talib’s main arguments suggest that Indonesian policymakers fail to effectively provide WSMEs with the necessary resources to solve these issues. Talib writes of the necessary reform,

“Three areas require greater attention: increasing the accessibility of information, strengthening the institutional capacity of the Creative Economy Agency and improving government services at the local level.”

To read more about the specific solutions posed to the pressing issue of the neglect of Indonesian WSMEs, read the article here.

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JOIN us for our morning wegg™ workshop on September 12th and hosted by Bank of America (135 S. LaSalle Street, 44th Floor).  Julie Smolyansky, President and CEO, Lifeway Foods, will present “Follow Your Gut,” covering:

  • How global factors influence company values and mission
  • Why we should empower women entrepreneurs around the world
  • How to channel inspiration from travel experiences into marketing initiatives

Tickets $40 ($20 for students); includes Continental Breakfast.  To learn more and to register, visit:  https://www.eventbrite.com/e/weggtm-workshop-follow-your-gut-presented-by-julie-smolyansky-tickets-48655708534
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Congrats to Women in Export Scholarship Winner Dalene Wray!

Dalene Wray, Managing Director of OBE Organic, an Australian company specializing in organic beef, wins the Women in Export Scholarship 

Ms. Wray has pioneered sustainability and disease management programs, aimed at boosting farmer productivity, improving animal health and welfare and reducing supply chain waste.

Her prize beyond the satisfaction of doing amazing work is that she will attend Harvard Business School’s Disruptive Innovation – Strategies for a Successful Enterprise course in Boston, Massachusetts.

Congrats to Ms. Wray.  We are very proud of you. To many more awards in the future!  What an impact you are making not just for women but for the farmers everywhere.

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What is cloud computing?  As an SME, how can you benefit from it?  Find out key growth lessons from more than 50 startup owners using cloud computing. 

Join us for our next WEGGinar™ 7/11/18 on “Intro to Cloud Computing and How It Can Benefit You,” presented by Jayger McGough Tomasino and Carly Kizorek, Technical Evangelists at IBM.  They will give you the scoop on cloud computing, convey how SMEs use it to grow, and even show a demo of IBM Watson services.  Register here.

Event is free of charge but you must register in advance to attend.
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Diversity is Correlated with Business Performance

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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Indra Nooyi: Articulating Performance With Purpose

Pepsico CEO Indra Nooyi talks about making money, performing, and having a true core or sense of purpose.  She believes there is a place for everything in people’s lives, but when you run a global business, you must recast how you make money.  Talent sustainability is discussed too.

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Note: Don’t miss our next WEGG webinar 6/8 on “Avoiding Scams, Fraud & Deceit in Your International Business: How to Conduct Effective Due Diligence,” and presented by expert Louise Kern. Register here: https://attendee.gotowebinar.com/register/3785897085114894084. Event is no charge but you must register in advance to attend.

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Women Are Disrupting the Global Wine Industry

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Women entering the wine business are disrupting the global wine industry to make wines that are both more accessible and responsibly produced.

Oddly enough, women, however, have been traditionally excluded from the world of wine, making them more likely to create boundary-pushing wines that defy traditional categories.

Two women who fit this bill are Mika Bulmash (below left), CEO of Wine for the World and international development specialist, and Ntsiki Biyela (right), the first black South African female winemaker at Stellekaya, a boutique winery in
Stellenbosch. Bulmash has rethought how distribution should work, making it her mission to create sustainable Screen Shot 2015-08-01 at 5.40.11 PMeconomic development by importing responsible producers of exceptional wine in untraditional regions to the US market. Biyela’s superb, award-winning wines have made her a rising star in the industry.

Interesting note.  Once a year, Wine for the World releases a private collaborative wine label that partners a top US winemaker with standout talent in emerging markets to create limited-edition blends that push the status quo of their respective regions. The latest blend, releasing in fall of this year (2015), is a collaboration between renowned Napa winemaker Helen Keplinger and Ntsiki Biyela.

Screenshot of wine courtesy of:  Wine for the World

 

Promoting the Spirit of Enterprise and Women Entrepreneurs

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Saudi Arabia-based King Khalid Foundation and TRACCS signed a strategic partnership agreement to launch the Jeddah Entrepreneurship Meet and Competition. The competition opens doors for all budding entrepreneurs to present their ideas or existing business modules to be eligible for its mentorship and funding program.

The Jeddah Entrepreneurs Meet and Competition is an entrepreneurial development and sustainability promoting platform open for women across the Kingdom of Saudi Arabia to present innovative business ideas or existing businesses within three categories: social entrepreneurship, manufacturing and production and educational and lifestyle development.

Apply online here.  Learn more here.


WEGG Mission

Our mission is to educate, inspire and nurture women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.


Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

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