New research from Boston Consulting Group (BCG) found that if female entrepreneurs received as much support as male entrepreneurs, the global economy could experience up to a $5 trillion boost.
It is well-documented that women-led businesses are underfunded, with data revealing that in 2017 only 2.2% of venture capital (VC) funding going to women-led companies. Women received only $1.9 billion in funding compared to the $83.1 billion that men received. In addition, research found that only 2% of female-led businesses earn $1 million or more in revenue. Research has also determined that women-led businesses experience more positive outcomes and even outperform their peers. Given all the potential benefits that accompany female-led businesses, it’s imperative to uncover impediments to their growth. What are the causes of these barriers and how can they be overcome so that women-led businesses experience more support and success, thus stimulating the global economy?
By: Janice Gassam
Source: Forbes
An estimated one in seven people in the UK are neurodivergent, yet many struggle to get into jobs or progress in employment. For example, just three in ten of autistic people are in employment, with many of these jobs unstable or below their skill level. In the engineering sector, the call to recognise and harness the unique capabilities of neurodivergent talent has never been more pressing.
A desire from younger workers to earn high salaries early in their careers is a desire based on needs and not wants, data suggests. When asked about the main reasons for compensation increases, 31% said to pay for all their bills and expenses and 25% said to save money for the future.
At a recent training I was facilitating, I invited people to ask me anything anonymously using polling technology. While the questions always give me great insight into where people are struggling with issues of diversity, equity and inclusion (DEI), this question seemed more universal: “What do I do if my manager is not inclusive?”