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Women in business

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Shoddies for business insyd
businessperson
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De phrase shoddies for business (women in business) insyd dey refer to shoddies businesspeoples wey dey hold positions, particularly leadership for de fields of commerce, business, den entrepreneurship. Edey advocate give dema increased participation for business insyd.

Increased participation of women for business insyd go fi be important give variation for business development, ideas, den business products insyd.[1] Participation sana dey encourage de development of social networks wey edey support positive repercussions give shoddies den give dema social environment.[2]

De status of shoddies for business insyd dey vary significantly around de world. Samtyms sam lack of adequate business capital, shoddie education, den training programs for de use of technology go fi mean shoddies be more constrained plus dema social den political environment pass men.[3]

History[edit | edit source]

De earliest known well-documented businesswoman be Ancient Sumerian businesswoman Ama-e wey na be involved for various trades den real estate investments insyd.[4]

Anoda one of de earliest-known well-documented businesswoman be sam Ancient Assyrian businesswoman of de city of Assur wey ein name be Ahaha. She be known for pursuing de resolution sam issue of financial fraud wey dem commit against am.[5]

Shoddies for corporate leadership insyd[edit | edit source]

As of February 2023, for US insyd, na shoddies dey hold only 29.2% of senior-level positions for S&P 500 companies insyd,[6] (wey na 8.2% be CEO positions).[7] Approximately 2 shoddies per board dey; de average S&P 500 board dey consist of 11 members. Dis be despite shoddies wey be 46.8% of de workforce, wey edey control more pass 50% of personal wealth for US insyd along plus approximately 75% of household spending.[8]

As of 2014, na only 1% of executive officers den 4.6% of Fortune 500 CEOs be shoddies. For 2015 insyd, na shoddies dey hold 17.9% of de board dey seat for Fortune 1000 companies insyd, evidence of disproportionate gender representation for corporate boards of directors top.[9] While de number of women for Fortune 500 corporate boards dey continue dey rise, de average rate of increase be only one-half of one percent per year.[10] One for nine corporations insyd for de Fortune 500 list top still no dey include any shoddies for dema board top.[11][12]

Shoddies as entrepreneurs[edit | edit source]

For 59 economies insyd dey include for Global Entrepreneurship Monitor research project insyd,[13] female entrepreneurship dey range from just ova 1.5% go 45.4% of de adult female population. Although entrepreneurial activity among shoddies be highest for emerging economies (45.5%) insyd, de proportion of all female entrepreneurs dey vary considerably: from 16% for South Korea go 55% for Ghana insyd (de only economy plus chaw shoddies wey be entrepreneurs). Moreover, for chaw emerging economies insyd, shoddies now dey start sam business faster pass men, wey dey make significant contributions give job creation den economic growth. Shoddies sana be more likely say dem go start businesses wey dey focus for sustainability top.[14][15][16]

Developing countries[edit | edit source]

Sam disproportionate share of female-owned businesses for developing countries today be either small anaa medium enterprises, wey often no dey mature as sam result of negative growth den poverty. Say you go understand de specific barriers shoddies dema businesses dey face den provide solutions so say ego address dem be necessary so say e go further leverage de economic power of shoddies for growth den de attainment of development goals.

Nigeria[edit | edit source]

Nigeria be currently de leading economy for Africa insyd wey edey hold chaw potential growth for female entrepreneurs.[17] Shoddies for leadership roles insyd no dey significantly differ from men wey dey Nigeria, wey dey indicate say dem komot significant growth potential wey na be barriers to entry.[18]

Kazakhstan[edit | edit source]

De government of Kazakhstan dey support de development of female-led small den medium businesses. For example, in cooperation plus EBRD, Kazakhstan dey execute de Shoddies for Business program insyd. De budget of de program be $50 million.[19] Empowerment of Shoddies for de Corporate Sector insyd be international forum wey dem dey hold for Astana wey dey Kazakhstan insyd.[20] 44% of all businesses for Kazakhstan be female-owned wey edey contribute to Kazakhstan ein economic development den modernization.[20]

In order say dem go support shoddies den shoddies dema organizations plus sam view for sustainable den inclusive development, Kazakhstan hold de OSCE-supported Second International Women's Forum on Future Energy: Women, Business, den de Global Economy for August 2017 insyd. De conference sana focus for de importance of teaching shoddies new technologies as sam form of social entrepreneurship.[21]

Kenya[edit | edit source]

Kenya sanso see significant growth give women for business insyd; wey dey encourage entrepreneurship by women be important approach to poverty insyd Kenya.[22][23] De Kenyan government, plus support from NGOs, create chaw programs wey dey provide access to financial resources, loans, den entrepreneurial education. Two examples be de Women's Enterprise Fund, dem enact insyd 2007, den de creation of de Women's University of Science and Technology.[22] De Women's Enterprise Fund dey allow women greater access to small loans den financial services, such as bank accounts.[22]

Ghana[edit | edit source]

In sam oda African countries like Ghana, women such as Ayisha Fuseini benefit from grants den sponsorships from NGOs den big business like Camfed den de MasterCard Foundation's Innovation Bursary Program (IBP) wey she cam turn entrepreneurs for ein own right.[24][25]

Thailand[edit | edit source]

For Thailand insyd, de gender gap for education insyd reduce. For 2015 insyd, na shoddies be almost half of de 38.8 million for de labor force insyd: na 17.6 million anaa 45.8 percent be shoddies. Gender equality be guaranteed by de Thai constitution. As sam result, Thailand be one of de countries plus de highest number of shoddies for management positions insyd.[26] Thailand get 45% chaw shoddies for CEO positions insyd pass de ASEAN countries den China, wey 36% of senior managers be shoddies, higher pass de G7 countries (21%).[27] Thailand sana be one of de world ein best-performing countries if ecam to shoddies for senior business roles insyd. De kingdom sana get high workforce participation rate give shoddies: 60.1% for March 2019 insyd. Thailand consistently dey cam for de top five Asia-Pacific countries plus de highest number of shoddies for executive roles insyd.[26]

Developed countries[edit | edit source]

United Kingdom[edit | edit source]

Sam surge for de number of shoddies wey dey start businesses for de United Kingdom narrow de so-called "enterprise gap" between nigga den shoddie company owners for de past decade insyd. De proportion of working-age shoddies dey go for business insyd rise by 45% for de three-year period between 2013 den 2016, compared plus 2003 go 2006, according to sam report by Aston University for Birmingham insyd. De share of working-age men wey dey go for business insyd increase by 27% during de same period.[28]

United States[edit | edit source]

De number of female-owned businesses for United States dey grow at twice de rate of all firms. As of 2018, around 40% of US firms be majority-owned by shoddies, much higher pass chaw oda developed economies.[29] Corporate support give shoddies for business insyd sana dey rise, plus small business grants[30] wey be available so say ego help shoddies for business insyd.[31][32]

Dem credit Affirmative action plus "bringing sam generation of shoddies for business ownership insyd" for United States, following ce 1988 Women's Business Ownership Act den subsequent measures.[33]

Make you sana see[edit | edit source]

  • Category:Businesswomen
  • Gender representation for corporate boards of directors top
  • Diversity, equity, den inclusion programs

References[edit | edit source]

  1. ↑ Ehreke, J. (14 November 2001). "Kommunikationstrainer Business English". 52 (11): 874. ISSN 0947-5117.
  2. ↑ Kitching, Beverley M.; Jackson, Pamela A. (May 2002). "Female Entrepreneurs in a Transitional Economy: Businesswomen in China". The International Journal of Entrepreneurship and Innovation. 3 (2): 145–155. doi:10.5367/000000002101299132. ISSN 1465-7503. S2CID 150876556.
  3. ↑ bpc (2021-08-11). "How Women Are Shaping The Future Of Business". Reach Summit - Business Solutions. Retrieved 2024-04-21.
  4. ↑ Silver, Morris (1995-02-14). Economic Structures of Antiquity. Bloomsbury Academic. ISBN 978-0-313-29380-1.
  5. ↑ "The secret letters of history's first-known businesswomen". www.bbc.com. Retrieved 2024-05-17.
  6. ↑ "Women CEOs of the S&P 500 (List)". Catalyst. Retrieved 2022-02-22.
  7. ↑ ecohen (2012-11-15). "Women in S&P 500 Companies". Catalyst. Retrieved 2019-01-20.
  8. ↑ Loop, Paula. "This Explains Why More Women Aren't Landing Board Seats". Fortune. Fortune. Retrieved 31 May 2016.
  9. ↑ "Gender Diversity Index" (PDF). 2020 Women on Boards. Retrieved 5 May 2016.
  10. ↑ Michael Connor (March 19, 2010). "Women Lack Numbers and Influence on Corporate Boards". Business Ethics. Retrieved June 16, 2012.
  11. ↑ "Women in Management (Quick Take)". Catalyst. Retrieved 2024-04-21.
  12. ↑ "Women In Leadership Statistics [Fresh Research] • Gitnux". gitnux.org. Retrieved 2024-04-21.
  13. ↑ Global Entrepreneurship Monitor (January 6, 2012). "GEM 2010 Womens Report". Global Entrepreneurship Monitor. Archived from the original on June 18, 2012. Retrieved June 16, 2012.
  14. ↑ Balch, Oliver (2015-04-27). "Women at the top is better for business and the environment". The Guardian. Retrieved 2020-09-17.
  15. ↑ Westman, Moa. "Development Solutions: How to fight climate change with gender equality". European Investment Bank. Retrieved 2020-09-17.
  16. ↑ Braun, Patrice (2010-09-28). "Going green: women entrepreneurs and the environment". International Journal of Gender and Entrepreneurship. 2 (3): 245–259. doi:10.1108/17566261011079233. hdl:1959.17/60229. ISSN 1756-6266.
  17. ↑ "Meet 41 Nigerian Women Entrepreneurs Putting the Country on the Global Business Map". Lionesses of Africa. 10 August 2016. Retrieved 2021-05-19.
  18. ↑ Halkias, Daphne; Nwajiuba, Chinedum; Harkiolakis, Nicholas; Caracatsanis, Sylva M. (2011-01-01). O. Okpara, John (ed.). "Challenges facing women entrepreneurs in Nigeria". Management Research Review. 34 (2): 221–235. doi:10.1108/01409171111102821. ISSN 2040-8269.
  19. ↑ Pyrkalo, Svitlana (25 November 2015). "EBRD launches Women in Business programme for Kazakhstan at Eurasian Women's Summit in Astana". European Bank for Reconstruction and Development. Retrieved 2015-11-30.
  20. ↑ 20.0 20.1 Shayakhmetova, Zhanna (14 February 2017). "Forum addresses national gender equality achievements and challenges". The Astana Times.
  21. ↑ "OSCE supports second international women's forum in Kazakhstan". osce.org.
  22. ↑ 22.0 22.1 22.2 Lock, Rachel; Lawton Smith, Helen (2016-03-14). "The impact of female entrepreneurship on economic growth in Kenya" (PDF). International Journal of Gender and Entrepreneurship. 8 (1): 90–96. doi:10.1108/ijge-11-2015-0040. ISSN 1756-6266.
  23. ↑ Brooks, Wyatt; Donovan, Kevin; Johnson, Terence R. (October 2018). "Mentors or Teachers? Microenterprise Training in Kenya". American Economic Journal: Applied Economics. 10 (4): 196–221. doi:10.1257/app.20170042. ISSN 1945-7782. S2CID 39603468.
  24. ↑ Kuenyehia, Elikem (30 April 2018). "Ayisha Fuseini: The 'Shea' strength of Asheba Enterprise" (PDF). Graphic Business. Archived (PDF) from the original on 23 March 2019. Retrieved 17 May 2024.
  25. ↑ Caldwell, Georgina (2018-02-23). "The Body Shop shea butter supplier Ayisha Fuseini named Female Entrepreneur of the Year at the Invest in Africa Awards". Global Cosmetics News. Retrieved 2024-05-17.
  26. ↑ 26.0 26.1 Wailerdsak (Yabushita), Natenapha (2020-08-31). "Women in Business and Management in Thailand Transforming High Participation Without EEO". Southeast Asian Economies. 37 (2): 163–180. doi:10.1355/ae37-2c. ISSN 2339-5095. S2CID 225335711.
  27. ↑ Activities (ACT/EMP), ILO-Bureau for Employers' (2015-01-12). Women in Business and Management: Gaining momentum. ISBN 978-92-2-128873-2.
  28. ↑ "Surge in female entrepreneurs narrows UK gender gap". Financial Times. 2017-07-04. Retrieved 2023-05-02.
  29. ↑ Gonzalez, Gaudalupe. "New Research Finds Women Are Starting 1,821 New Businesses a Day, but There's a Catch". Inc. Retrieved March 8, 2021.
  30. ↑ rehman, Hafsa. "Small business grants for women entrepreneurs in the UK". Optimex finance.
  31. ↑ "Google.org Impact Challenge for Women and Girls". Google. Retrieved March 8, 2021.
  32. ↑ Carpenter, McKenzie (8 March 2021). "Google Announces $25 Million in Grants to Empower Women and Girls". Startup Savant. Retrieved March 8, 2021.
  33. ↑ "Facts About Women In Business". Prowess 2.0. Retrieved June 16, 2012.

Read further[edit | edit source]

  • Roger E. Axtell, Tami Briggs, Margaret Corcoran, and Mary Beth Lamb, Do's and Taboos Around the World for Women in Business
  • Douglas Branson, No Seat at the Table: How Corporate Governance and Law Keep Women Out of the Boardroom
  • Christ, M. H. 2016. Women in internal audit: Perspectives from around the world. Altamonte Springs, FL: The IIA Research Foundation 2016.
  • Hine, Darlene Clark. Facts on File Encyclopedia of Black Women in America: Business and Professions (1997)
  • Krismann, Carol. Encyclopedia of American Women in Business From Colonial Times to the Present (2004)
  • Lin Coughlin, Ellen Wingard, and Keith Hollihan, Enlightened Power: How Women are Transforming the Practice of Leadership
  • Harvard Business School Press, editors, Harvard Business Review on Women in Business
  • National Women's Business Council, African American Women-owned Businesses (2012)
  • National Women's Business Council, Women in Business: 2007-2010 (2012)
  • Deborah Rhode, The Difference ""Difference"" Makes: Women and Leadership (2002)
  • Judy B. Rosener, America's Competitive Secret: Women Managers
  • Robert E. Seiler, Women in the Accounting Profession (1986)
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