New York City Tops New Womenabling Cities Index

A new accounting of the most supportive cities for growth-oriented women entrepreneurs was recently released at the Global Entrepreneurship Summit, just ahead of the Dell Women’s Entrepreneur Network conference in Johannesburg, South Africa. The WE Cities Index lists the 25 cities globally that provide the most supportive capital, technology, talent, culture and markets for growth-oriented women, a population they refer to as “high potential women entrepreneurs.” Those cities are:DellWECitieschart

  1. New York City
  2. the San Francisco Bay Area
  3. London
  4. Stockholm
  5. Singapore
  6. Toronto
  7. Washington, DC
  8. Sydney
  9. Paris
  10. Seattle
  11. Munich
  12. Austin
  13. Beijing
  14. Hong Kong
  15. Taipei
  16. Shanghai
  17. Tokyo
  18. Mexico City
  19. São Paulo
  20. Seoul
  21. Milan
  22. Delhi
  23. Johannesburg
  24. Jakarta
  25. Istanbul

For an interactive look at how each of these cities ranks in the five major index areas, visit this web page.

The WE Cities Index follows on the heels of the Global Women Entrepreneurs Scorecard, which was released the prior year. That effort analyzed 21 variables in a five-element framework, and ranked 31 countries around the globe for their supportive policies and programs to help women scale their enterprises. The findings of the country-focused effort (which was supported in part from Womenable) were highlighted in this Womenable blogpost from 2015.

Tops on that list were the United States, Canada, Australia, Sweden, and the United Kingdom — home to nine of the 25 top-ranked global cities for women entrepreneurs who are shooting for the stars. Godspeed on your journey, ladies!

Save

Save

Four Womenabling Numbers You Should Know

At the recent Enterprising Women of the Year annual gathering, I spoke to other members of the Editorial Advisory Board to update them on trends in women’s entrepreneurship around the world. This year, I shared four key numbers that every womenabler should know. Here they are for all of you to know and share as well: infogram4numbers

69

For every 100 male business owners there are around the world, there are only 69 female business owners. (SOURCE: Babson College, 2014 Global Entrepreneurship Monitor Women’s Report, 2015)

392 million

The number of women business owners worldwide. (SOURCE: Womenable calculation based on data from the International Labour Organisation’s 2015 Key Indicators of the Labour Market report)

$285 billion

The estimated gender credit gap in developing economies around the world. (SOURCE: Goldman Sachs Global Markets Institute, Giving credit where it is due, 2014)

$12 (or $28) trillion

The amount that would be added to global GDP if there were economic gender parity among all countries in each region of the world (the ‘best in region’ scenario, totaling $12T) or among all countries worldwide (the ‘full potential’ scenario, totaling $28T). (SOURCE: McKinsey Global Institute, The Power of Parity, 2015)

So, fellow womenablers, keep these four (or five) numbers at the ready. They not only indicate the amount of work we still have to do, but the benefits that will be realized once we approach economic parity. Onward and upward!

Global Gender Equality: We’re Not There Yet

As the captains of industry gather for the annual World Economic Forum (WEF) symposium in Davos, Switzerland, it’s worth noting the parallels between that assembly and the WEF’s annual Global Gender Gap report. The WEF itself notes that less than one in five attendees at the Forum this week will be female (see Who are the women of Davos 2016?), up just 2% from two years ago.

GGG-2015-chartSo it is with the Global Gender Gap analysis. The 10th annual analysis was published in November, and the news release announcing the publication noted that women’s economic progress has “stalled markedly” over the past five years. In fact, the report’s authors note that, at the present rate of progress, it will be 118 (!!) years before we see economic parity between women and men – even though there’s been significant progress in terms of health and education. Political parity (more women in elected and appointed positions in the public sector) is even further away.

GGG2015-toptenThere’s been little change at the top over the past decade, with Nordic countries dominating the list. The top five countries: Iceland, Norway, Finland, Sweden, and Ireland. At the bottom of the list of 145 countries analyzed: Yemen, Pakistan, Syria, Chad, and the Islamic Republic of Iran. In the inaugural effort in 2005, the top countries (from among the 58 included that year) were: Sweden, Norway, Iceland, Denmark, and Finland.

To learn more, see how your country stands, and download the report and infographics, visit The Global Gender Gap Report 2015 web portal.

The Ten Most Womenabling Hashtags of 2015

It’s that time of the year … time for Top Ten lists! Womenable has joined in on the list-making since 2009, focusing primarily on the most noteworthy womenabling news, events and research of the year or – in the case of 2013 (the 25th anniversary of the Women’s Business Ownership Act of 1988) – of the previous 25 years.

Last year, we departed from our usual practice, distilling the top womenabling news of 2014 down to the top research-based factoids/soundbites.

This year, our 2015 Top Ten list – in keeping with growing trend toward shorter and sharper communication – is distilled even further, focusing on the top women’s empowerment hashtags of the year.

Now, there have been many feminist/social issue hashtags (such as #BringBackOurGirls, #YesAllWomen, #EverydaySexism, and #MeuPrimeiroAssedio [myfirstharrassment]) as well as a few interesting corporate “You Go, Girl” hashtags (with corresponding well-produced videos: #LikeaGirl and #ShineStrong primary among them), but here we want to focus on empowerment as a social media conversation.

So here, in alphabetical order within the general topic of conversation, is Womenable’s assessment of the Top Ten women’s empowerment hashtags of 2015:

All for One/One for All: These three hashtags are focused on rallying fellow women – and men – in working together for greater gender equality.allforone

  1. #AllinForHer, an initiative of Women Moving Millions.
  2. #HeforShe, an effort launched by UN Women on #IWD2014 with the star power of Emma Watson.
  3. #IronSisters, an exhortation of Theranos CEO Elizabeth Holmes for women to help other women, especially in non-traditional fields such as STEM.

Confronting Stereotypes: These three hashtags rose up from women responding to sexist stereotypes: the “boys with toys” notion that only men like technology or engineering, or to throwback ad campaigns.looklikeanengineer

  1. #GirlsWithToys, a social media response to an offhand comment from a male scientist, showing that girls like science, too.
  2. The misogynistic responses from a seemingly harmless company recruitment campaign prompted this hashtag response. #ILookLikeanEngineer is well worth a look.
  3. The feminist social media response from a “what were they thinking” ad campaign launched by a mobile phone company in India, #WhatWomenLove, is likewise well worth reading. (Also, this just in: IBM, normally a forward-thinking corporation with respect to gender diversity, is catching flak for an ill-thought-out hashtag campaign, #HackaHairDryer. Sheesh!)

Entrepreneurial Women: The only one of our top ten hashtags focused on women’s entrepreneurship, this social multi-media campaign gathered the stories of 1,000 women who are growing their own enterprising ventures.

  1. #1000Stories, from our friends at The Story Exchange

 

Where Are the Women?: These three social media conversations highlight the fact that women are still missing from many seats of power, and are underrepresented in STEM professions.

  1. How to solve challenges in science, technology, engineering and math? #AddWomen!
  2. It’s lonely at the top. A recent video from Elle Magazine in the UK, with the hashtag #MoreWomen, shows this in eye-catching fashion.
  3. The No Ceilings initiative from the Clinton Foundation showcases some of the tremendous progress being made worldwide in the area of gender equality, while admitting that we’re #NotThere yet.

 

Christmas Bonus: And here’s a special bonus hashtag, #PayGapWTF, a youth-focused response to learning that, yes, women are still paid less than men for the same work. WTF indeed!

Have we missed any? Let us know. Happy holidays from Womenable, and best wishes for a womenabling New Year.

Detours Ahead for Gender Equality in International Development?

There are two new reports (and one brief declaration) from the United Nations family of which we should all be aware – as they affect women’s economic empowerment efforts internationally. First, I’m sure that we’re all aware that 2015 is the year that the UN’s eight Millennium Development Goals were to have been achieved. While much has been accomplished, those goals have not been achieved, and the focus is now shifting toward SDGs: Sustainable Development Goals.

roadblocks1Last year, the “Women’s Major Group,” one of nine groups involved in the process of developing the SDGs, issued a statement highlighting “8 Red Flags,” or shortcomings, of the SDGs, stating that they lack “real ambition for the urgent transformational change that the world needs to achieve gender equality.” And in late June, during negotiations for the “zero draft” of the SDGs that will be discussed at a UN Summit this fall, the Women’s Major Group issued a Ten Red Flags declaration highlighting areas that need to be strengthened in UN efforts moving forward, including that:

  • Gender equality and the human rights of women and girls must be recognized as a cross-cutting issue critical for the success of the post-2015 development agenda;
  • Commitments to human rights and inclusivity must be strengthened; and
  • Commitments to civil society and major group participation must be strengthened.

A good summary of the history of this issue is contained in the recently-published discussion paper, “Accelerating Gender Equality Through the Post 2015 Development Agenda,” from the Australian National Committee of UN Women.

There’s a civil society organization, beyond2015.org, with over 1,000 NGO members in more than 130 countries that have joined forces to ensure a strong framework for poverty alleviation and empowerment moving forward from the expiration of the MDGs.

Thirdly, every few years the United Nations publishes a look at the progress of the world’s women with respect to their health, education and legal empowerment. The latest in that series, Transforming Economies, Realizing Rights, was recently published. The previous reports are archived on this page.

The UN has also published data compendia (every five years, from 1990 to 2010) on The World’s Women. These reports, which contain a wealth of statistical data from around the world, are archived on this page and are well worth adding to your womenabling research shelf.

Business Support “On Equal Terms” in Sweden? Nära Skjuter Ingen Hare!

After eight excellent years of promoting women’s entrepreneurship in Sweden, the newly-elected government has closed programmatic support in this area (thus highlighting once again that elections do matter).
Swedish flag and people copy
In wrapping up their efforts, however, Tillväxtverket (the Swedish Agency for Economic and Regional Growth) has compiled some lessons learned reports. Here, for your enlightenment, are:

Many thanks to fellow womenabler Gunilla Thorstensson for sharing these reports with us. Unfortunately, business promotion “on equal terms” (meaning “one size fits all”) will likely not stand women entrepreneurs in Sweden in good stead going forward. As they say in Sweden, nära skjuter ingen hare!

Perhaps this will spark advocacy and action among women’s business groups there. From adversity can come increased strength and sisterhood.

New UN Women Report Published

Every five years or so, the United Nations publishes a compendium of facts, statistics and analysis of the status of women around the world. These Progress of the World’s Women reports share statistics related to education, legal justice, social and political empowerment, and economic empowerment. They are truly go-to reports that deserve a spot on every womenabler’s reference shelf.fig.4.6-1

The latest report has recently been published. Transforming Economies, Realizing Rights features an interactive web portal and downloadable chapters, some very detailed (see picture at right) infographics, as well as the full report.

Some of what’s available in this report:

  • A discussion of the negative impact on women’s rights that has resulted from the rise of extremism around the world;
  • The notion that connecting economic and social policy is key to increasing human potential and equal rights (we would agree);
  • Far fewer detailed country-level tables (which we are disappointed by, but they may be archived somewhere); and
  • A listing of ten priorities for public action, including “create more and better jobs for women” (but no mention of economic empowerment through entrepreneurship).

For a list and links to past reports on the Progress of the World’s Women, visit Womenable’s Womenabler Reference Library page. or UN Women’s Progress of the World’s Women page. Finally, here’s a handy link to the 2015 report Executive Summary.