Manchester-based Rormix has secured investment from The North West Fund for Digital & Creative. Rormix helps users to discover music videos by independent and emerging artists via a mobile app and Youtube multi-channel network.
Adriana Galue considers the strategies and tactics involved in negotiation and the idea that adversarialism may not always be helpful when negotiating in business.
Growing up in Latin America (LATAM), I was raised within the framework that negotiating always involved adversarialism. Still today, when we talk about “negotiating a good deal” in LATAM, we think of a winner and a loser.
Recently, while attending the Boulder, CO conference Startup Phenomenon, I had the great opportunity to expand my current perspective of what it means to successfully negotiate. During her talk, Stanford professor Margaret A. Neale invited us to deepen the view of what it means to reach a good agreement. In her mind, negotiation is really a process of persuasion and influence. It is a value creation process.
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.
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.
As the summer holidays draw to a close, in a post which struck a definite chord here at The NextWomen, Alexandra Anghel shares what went wrong when she tried to take some much needed time away from her startup, and looks at the importance of making time for yourself.
This hot summer seems like the perfect time to write about something that gives many entrepreneurs the creeps.
Among many other problems that we battle every day, taking some time off from work seems to be at the top of the list. You can’t call yourself an entrepreneur if you’re not willing to make sacrifices for your startup, or put in more work than the usual employee, but how much work is too much?
Cultural differences and different languages can be challenging when leading a team remotely. Whether your team is based over different continents or all over the world, your communication skills will help you to keep your people motivated at all times.
As a manager of a multi-cultural and international team of people your understanding of their culture, their clients and the way of doing business in their part of the world is your key to success.
Guest post by Julia Grinham, Co-Founder, Upper Street, for our Fashion & Retail Theme.
Starting your own fashion business can be a daunting prospect, especially in these economically challenging times. Upper Street, the design your own shoes label is making waves in the industry despite launching at one of the worst times in British retail history. Julia Grinham, CEO, shares some worthy advice for any would be fashion entrepreneur:
Elizabeth Galton is a celebrated British creative talent. Creative Director of Links of London for two and a half years, Elizabeth was credited with successfully modernising the brand’s design direction and steering the company through the next stage of growth and design evolution at the forefront of the British jewellery retail scene.
As a Board member she contributed to taking the turnover from £45 million in 2006 to £79 million in 2009 and was responsible for directing store design, advertising campaigns and the full creative portfolio.
In 2010, Elizabeth was named in ‘Who’s Who of Britain’s Business Elite’ and was nominated for the ‘Women to Watch’ Award; a cultural leadership programme celebrating the achievements of some of the most ambitious and talented women in the cultural and creative industries. Her reputation grew globally as Creative Director of Links of London with profile pieces in publications such as Elle Japan and Vogue.
The NextWomen Africa Theme.
Serial entrepreneur Ndidi Nwuneli is one of the World Economic Forum’s Young Global Leaders.
We meet the Co-Founder of Two Chicks, a company producing a range of liquid egg white products which has grown to a million pound business, despite the recession.
Anna Richey and her business partner Alla Ouvarova, 31, launched Two Chicks in 2007 with the aim of catering for increasingly health conscious UK consumers.
Hugely popular in Los Angeles, liquid egg whites did not exist in the UK in retail prior to the launch of Two Chicks. Together, Anna and Alla built and grew a whole new UK market in liquid egg and today the range of egg whites and egg white omelette mixes is sold in Sainsbury’s, Waitrose, Whole Foods and Selfridges.