Neglecting important assets in global economies Why do we accept such egregious HR abuse? What if this became a worldwide economic priority?
Vijay Eswaran claims that women are underrepresented in non-agricultural jobs. Decades of salary inequity Time deepens the chasm. Less than 5% of Fortune 500 businesses have female CEOs.
Vijay Eswaran was astonished by three recent UNGA sessions, including non-profits and commercial leaders.
Gender equality initiatives are less prevalent among men than women. Women dominated lobbying, as suffragettes did in the early 1900s.
According to Vijay Eswaran, men must take responsibility for narrowing the gender gap. Both men and women must address this problem.
Second, few business executives consider gender disparity a moral or human rights concern. It stifles development. It stifles human growth and imperils global prosperity.
Gender parity may contribute $28 trillion (26%) to the global economy by 2025. The prizes would equal the US and China’s total GDP.
Many studies have linked women’s empowerment to economic prosperity. Everyone gains when women attain financial independence and house ownership.
A moral and economic imperative. According to a 2017 McKinsey study, companies with three female CEOs outperform those without. Recent research found that firms with more senior female CEOs had a 47% higher equity return.
Women in male-dominated fields are the third priority. A vital component is missing. We should assist more women in starting and developing companies. Women-owned businesses will help narrow the gender gap.
Working males presently outnumber women. In 2017, women-owned businesses received less than 2% of total investment in the US.
Nonetheless, female-founded companies beat the market. Women need more encouragement and assistance to succeed.
Men and women desire to start their enterprises, says Vijay Eswaran’s selling network throughout Asia, Africa, and the Middle East.
Muhammed Yunus, Nobel Peace Prize recipient, discovered that women were more likely than males to manage their businesses and pay their bills. Clients are mostly women.