By: Alyssa Mossman
Woman Leaders Create More Jobs
Although just 2.7% of companies with a woman CEO were backed by venture capitalists between 2011 and 2013, a new study shows that woman entrepreneurs are growing their businesses at higher rates than their male counterparts – and this means more job creation!
The average global growth rate for companies run by females sat at 10.9%, and 8.3% for men. The growth rates even surprised the women themselves, as female leaders hired for more new roles over the year than they had expected.
The People Making a Difference
It’s time the world to recognized that women in business mean business! As Ciiru Waweru-Walthaka, the CEO of Funkidz Limited says, “for some reason, women businesses are treated like hobbies.” Brushing female ideas off as cute is normalized in our society, and it’s these attitudes that keep great ideas from making a difference in the world.
Thankfully, more and more big players are stepping away from this belittling thought pattern. Dina Habib Powell from Goldman Saks says “what was once a social justice issue is now smart economics.” She is part of the Goldman Saks team that put on the 10,000 women initiative to help empower women like Ciiru. Watch this short video to learn more about the initiative:
We’re Starting a Blog Series
Due to the overwhelming evidence, we are creating a blog series, brought to you by Leading Talent and WIL. Every other week, we will delve into the evidence supporting the many benefits of investing in women and girls.
Employers Helping Women
If you are an employer looking to diversify your workplace, sign up as a featured employer on our job board! Be a part of the shift towards gender parity in the workplace. Leading Talent is the only job board in Canada specifically targeting diverse women leaders who are skilled and quality candidates.
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