Business & Entrepreneurship

Women have made significant progress in the work force and private sector, but the glass ceiling is still firmly in place, particularly at senior levels of decision-making and management. Businesses are now recognizing the importance of diversity and including a wider range of talents and perspectives at all levels of management and they are offering networking, mentoring and other services to improve recruitment and retention of women and people of color. Although women represent a significant number of small business owners, women-run businesses capture only a small percentage of capital investments and government contracts. re:gender's network is working to close these gaps by focusing attention on equal opportunity, educational parity, career options, promotions, networking and work/life balance as well as other critical issues. Explore the resources listed below, including Related Categories links, or use the Keyword Search for more information.

Gender Equality as an Investment Concept

January 23, 2009 posted by Shyama Venkateswar, Kyla Bender-Baird, and Lisa Rast The room was filled to capacity at Demos’ latest panel for their Women’s Leadership Initiative.  Women (and a few men) from all sectors joined together to discuss gender equality as an investment concept.  Anne Black from Goldman Sachs discussed their 10,000 Women initiative.  The driving idea behind this timely initiative is that investing in women’s business skills is the fastest way to grow GDP.  Joe Keefe from Pax World Mutual Fund, which recently took over Pax’s Women’s Equity Fund, argued that gender equality should be framed as an investment imperative, not a moral one. In fact, gender equality helps to grow the bottom line.  Finally, Ritu Sharma, co-founder of Women Thrive Worldwide, demonstrated the importance of building crucial infrastructure to aid women across the globe, who otherwise spend much of their day gathering water and fuel, and caregiving.


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TREASURY SECRETARY FORUM--Ms. Foundation President Sara Gould Advises Geithner to Bail Out Responsibly

Posted November 24, 2008 by Linda Basch

Linda Basch: What three recommendations do you have for Timothy Geithner, our next Treasury Secretary?

Sara Gould: First, we must strongly urge that the next Secretary ensure that the $700 billion bailout and other actions designed to address the economic crisis prioritize getting relief to communities that need it most. It’s not enough to rely on support for large banks to trickle down to middle and low-income people who are disproportionately affected by the plummeting economy—particularly when the banks’ share of the bailout came with few regulations and the conditions it did come with are being defied (see Naomi Klein’s article in The Nation).  Instead, the next Treasury Secretary should require that financial institutions use the bailout money for lending to consumers—instead of to boost the value of its shares. In addition to accountability and comprehensive regulations that apply to bailed-out banks and beyond, s/he should insist upon transparency and reveal exactly where the money is going and how it is being used. It is especially critical that the bailout money be used to help people who are facing or already in foreclosure—the majority of whom are likely women and people of color, as they were most likely to receive sub-prime loans in the first place. One promising option is to support FDIC chairperson Sheila Bair’s proposal to use $25 billion of the bailout to provide mortgage relief to homeowners. Her proposal would offer incentives to loan servicers to restructure mortgages, making payments more affordable. Second, an economic stimulus should be passed quickly. It should include immediate relief such as the extension of unemployment benefits as well as programs like job creation and training that will ensure economic stability for low- and middle-income people over the long-term. Any economic stimulus package should be sure to address the urgent needs of those who have been most impacted by the crisis, especially low-income women, women of color and their families. Recent statistics show that women are losing jobs at twice the rate of men. Third, we must return to a system of progressive taxation in which people with high incomes and net worth provide a larger share of tax revenues. New revenue should go towards domestic stimulus programs such as job training and infrastructure rebuilding as well as for key social and economic supports that have been eroded over the last two decades.


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TREASURY SECRETARY FORUM--Jacki Zehner Urges Geithner to Give Us Truth

Posted November 24, 2008

To Timothy Geithner:


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Former Goldman Sachs Partner Speaks Out on Behalf of Women

Jacki Zehner, a former partner at Goldman Sachs and a dear and longtime friend of the Council's, has a powerful post up right now at Huffington Post, titled  "Why Are Goldman's Women Invisible (Asks a Former Goldman Sachs Partner)." The piece takes Goldman to task for its under-representation of women in leadership.  I urge you to comment on the post, and to read Jacki's blog, PursePundit,  for the real deal on women in the financial sector.  Jacki bravely tells it like it is!  The Council is currently working on a paper with Jacki focused on the severe underrepresentation of women in fund management positions that


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Financial Crisis: What If...?

October 31, 2008 posted by Linda Basch


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