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Wednesday, March 16, 2005

Women in the Business World

If you asked our parents how often a woman was the CEO of a company when they were kids, they would most likely tell you not that often. However, times are changing, and women are now taking stronger leadership positions in companies. Between 1997 and 2002, one source shows that the number of women-owned firms increased by 14% nationwide -- twice the rate of all firms. One would say that this is a dramatic step in the positive direction, other statistics show otherwise. Just when we think society is welcoming women with open arms into the business world, statistics show that most people refuse to invest in companies operated by women. According to recent statistics from Venture One, only ~5% of venture investing went to companies with women CEOs in 1999, 2000 and 2001. This is disappointing in the fact that the many of the students in business school these days are women trying to make it in the tough world of business. Therefore, although there are many changes that have occurred thus far in the world, women are not fully embraced quite yet.

http://www.fwe.org/p/p.asp?mlid=91

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