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Last weekend, more than 1000 thought leaders came together to discuss the Economy and Society from a female perspective. Unlike the Davos Global Forum, in Deauville powerful women are in the majority at the fifth international Women's Forum for the Economy and Society. Its motto is:
"Think again, think ahead! It is time for action, change and hope".
There were many international speakers unveiling their ideas on politics, entrepreneurship, economics; a lot of the time about the effects of the financial crisis, but also on the chances and opportunities that it brings. Among the speakers - 17 Rising Talents of 2009 - was Founder of Smarta, Shaa Wasmund.
Some conclusions from the forum were:
Women are Hit Hard by the Financial Crisis
It may be that women-led hedge funds have performed better in the financial crisis than hedge funds run by men - as was one of the conclusions of a Report launched at the Women's Forum - and yet women and girls in poor countries have been hit the hardest by the implosion of banks thousands of miles away.
The developed world has received far more funding to combat the crisis, in comparison to that received by the worlds poorest countries. As a result, women now need similarly large-scale solutions, including access to capital and to larger markets, to combat the crisis.
"The ground has shifted beneath the feet of our business models and social and economic policies”, explains Founder and CEO Aude Zieseniss de Thuin. "The Women’s Forum for the Economy and Society views moments of rupture like this as an opportunity to advance new ideas, technologies and even paradigms for society and the economy. With their male counterparts, women have a key role to play in the process of creating a more resilient future," the Founder of the Women’s Forum said.
Empowering Women makes Financial Sense
Discussed at great length, was the idea that empowering women economically is not just a matter of fairness, but of financial sense.
SEO, or search engine optimization, is a
form of marketing through which a company’s website, or piece of content on a
website, reaches a higher ranking on search engines to maximize visibility to
consumers thereby creating a higher probability of traffic, which can later
translate to sales and/or interaction depending on your business goals.
This is accomplished through creation of “do follow” links within a number of different arenas. While there’s more to making a web-based company successful than just good SEO, it is a very important part of getting clicks and page views.
World Leaders unite today in Davos for the World Economic Forum, a five day conference in which the most pressing issues facing the world are discussed. This year it is entitled "Shaping the Post-Crisis World." Business leaders, executives, politicians, intellectuals and journalists are expected to talk about the economic crisis and how to get through it, but they also due to cover topics such as environmental damage, corruption, energy or health. Themes can be found here.
Attendees in the forum have historically been primarily men, but this changed when Aude Zieseniss de Thuin founded the "Davos" Women's Forum for the Economy & Society in 2005 to promote a women’s vision on the economic and social issues of the world.
This year, these are the women that will be at Davos:
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The NextWomen Social Entrepreneurship Theme
In India, there is no shortage of talented female social entrepreneurs. Women like Ela Bhatt, who in 1972 founded SEWA, the world’s first and largest trade union for undocumented women workers, as well as Women’s World Banking in 1979 - have been inspiring and leading women for generations.
Hina Shah, founder of The International Centre for Entrepreneurship and Career Development (ICECD), has worked for over 25 years on scaling micro, small, and medium size businesses across 21 states of India.
Many female high achievers have made it on to the list of the The Lawyer's Hot 100 of 2008, the list of UK's best lawyers, annually compiled by editor Catrin Griffiths. Among them websavvy technology and media specialists, litigators, telecom gurus, allround general counsels and money driven tax lawyers. We highlight the following:
- Maya Abu Deed, General Counsel of Bloomberg, who litigated against premature third party Harry Potter publication on the internet
- Mary Geraghty, Group General Counsel of Arcadia, who stood against Google's new advertisement policy on key words of competitors
- Sarah Priestly, tax lawyer at Weil Gotshall, who advises Lion Capital, one of the major consumer based investors (a.o. Jimmy Choo and HEMA)
It’s been a great 12 months for Lisa Falzone. Last year she
raised $3.7 million in her series "A" funding round; then last month at the Macworld
– iWorld event, her company Revel
Systems was officially announced as the winner of the Best iPad Business App of the Year Award.
Just about everyone reading this will be familiar with WordPress: it’s
the behemoth on the content management scene, employed by millions of blogs and
web publications large and small alike. The Next Web runs on WordPress, as do most of our competitors, and these days you
have to look a little harder to find sites that run on the giants of the past
such as Joomla! (formerly Mambo) and the perpetual underdog, Drupal.
Sue Chen founded Nova Medical Products in
1993 when she was just 23 years old with a strong vision – offer stylish
designs and choices to people using mobility equipment.
Today, Nova has grown to become an industry leader in Mobility and Bathroom Safety products, providing greater independence and well being to people at all stages of life, with products that reflect the beauty, style and confidence of their customers.
Sue is changing the look and perception of medical equipment and improving the lives of millions of Americans reliant on assistive devices by incorporating fashion and function in products such as designer canes and colorful walkers. Through her trademark “Mobility Makeover,” Sue helps customers show their style and pursue an active lifestyle with the help of their mobility equipment.
Most recently, Sue was a finalist for the prestigious Ernst and Young Entrepreneur of the Year Award, recipient of the Community Leadership Award from the President’s Council on Fitness, Sports and Nutrition, and named one of the ten Most Powerful Women Entrepreneurs in Fortune Magazine’s Most Powerful Women issue.
As part of this month's Editorial Theme of BRIC Countries, we're publishing this guest piece by Yakov Sadchikov, founder and CEO of visual search engine Quintura.
Russia is one of a few national economies globally whose Gross Domestic Product keeps growing several percentages per year. For the past twenty years, Russia has produced a new generation of entrepreneurs and business people, some top of whom are women. They come from internet business, media, market communications, recruitment and venture capital investments. Who are the top 10 women in business in Russia? Discover below.
This is a guest post by Rob Shedd, VP of Product and Technology for Three Screen Games, who is actively involved with the Lion Launch Pad, an accelerator program for student entrepreneurs at Penn State. You can read the original article here.
This is a post I've had a running draft of for some time. I'm happy to be getting it out of my draft bin and out onto the web!
Josh Kopelman of First Round Capital spoke at DreamIt Ventures this summer. During his talk, Josh mentioned how he expects to see an increasing number of DreamIt/TechStars/Y Combinator-style locally-focused "seed stage startup accelerator" programs in the coming years.
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