#25 A Woman's Business View - The World Business Forum #WBF09

Today, I head up to New York as one of  ”America’s Top Business Bloggers” featured at the World Business Forum.  I wonder if that designation and $5 bucks could get me into a movie.  Nevertheless, I am excited to hear the presenters with the following “womens fact sheet” in mind. Stay tuned, and follow me on Twitter, for more. My intern is also coming to provide a Gen Y perspective on business.  So follow her on Twittter and the Hot Mommas Project student run blog on role models.

Women’s Fact Sheet

Facts I’m keeping in mind while scanning the content and speakers at #WBF09 – The World Business Forum

75% of Americans reject the idea that women should return to traditional roles in society

Source: Pew Charitable Trusts

http://pewsocialtrends.org/pubs/745/the-harried-life-of-the-working-mother

Women who are balanced believe they are more successful, and are more likely to believe they are compensated fairly (86%) vs working women in general (65%)

Source: The Hot Mommas Project and the George Washington University School of Business, Center for Entrepreneurial Excellence

http://business.gwu.edu/news/archive/2008/0829.cfm#hotmommas

One in five firms with revenue of $1 million or more is woman-owned.

Source: Center for Women’s Business Research

http://www.womensbusinessresearchcenter.org/research/keyfacts/

37% of working women prefer full time work, while 79% of working men prefer full time

Source: Pew Charitable Trusts

http://pewsocialtrends.org/pubs/745/the-harried-life-of-the-working-mother

Women-owned firms (50% of ownership or more) account for 40% of all privately held firms.

Source: Center for Women’s Business Research

http://www.womensbusinessresearchcenter.org/research/keyfacts/

There are 15 female – or 3% –  CEOs of Fortune 500 companies

Source: Catalyst

http://www.catalyst.org/publication/322/women-ceos-of-the-fortune-1000

http://www.catalyst.org/publication/206/women-in-us-management

69% of adults think women and men make equally good leaders

Source: Pew Charitable Trust

http://pewresearch.org/pubs/932/men-or-women-whos-the-better-leader

89% of Americans are comfortable with women in leadership, yet only 18% of women are in leadership positions.

Source: White House Project study Benchmarking Women in Leadership

http://thewhitehouseproject.org/documents/Report.pdf

Work-life balance is a future key concern in almost every region globally

Source: SHRM, BCG, and WFPMA

http://www.marketwire.com/press-release/The-Boston-Consulting-Group-843186.html

Three in 10 women who are not employed say family duties keep them from working

Source: Pew Charitable Trusts

http://pewsocialtrends.org/pubs/745/the-harried-life-of-the-working-mother

Entrepreneurial self-efficacy increases when women & girls are exposed to role models

Source: Cox, Mueller, & Moss, 2002

www.entrepreneur.com/tradejournals/article/164595266.html

Companies with a record of promoting women are more profitable. Of the Fortune 500 companies, the top 25 companies for women demonstrated 69% higher profitability than the industry median (profit as a percentage of equity)

Source: Pepperdine Professor Ray Adler’s, “Women in the Executive Suite Correlates to High Profits”

Summary: http://s3.amazonaws.com/mmc-beta-production/assets/11195/MMResearch_Essay.pdf

Report: http://www.equalpay.nu/docs/en/adler_web.pdf

Note: The data point to a correlation, not causality.

Women are more likely than men to share their knowledge and financial gains with their family and communities, especially in developing countries/emerging markets. “Investment in women’s entrepreneurship is an important way for countries to exponentially increase the impact of new venture creation.”

Source: Global Entrepreneurship Monitor-2007 Study  http://www.gemconsortium.org/about.aspx?page=special_topic_women

Women are poised to become the majority of the US workforce for the first time in history.

Source: The Shriver Report

http://www.awomansnation.com/business.php

Related Links:

A Boston Globe story references additional studies correlating the prevalence of executive women and company profitability:

http://www.boston.com/bostonglobe/ideas/articles/2009/05/03/the_female_advantage/

A Study from Finland: Female Leadership and Firm Profitability details the benefit of removing obstacles to the advancement of women to top leadership.

http://www.eva.fi/files/2133_Analyysi_no_003_eng_FemaleLeadership.pdf

Will Business Celebrate, or Tolerate, Our Daughters?

http://hotmommas.wordpress.com/2009/10/07/25d-will-business-celebrate-or-tolerate-our-daughters/

 

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