Though females currently lag behind males in leadership roles and startup success, entrepreneur Monica Eaton-Cardone spotlights five organizations dedicated to changing that by helping women excel in business leadership and ownership.
(Tampa Bay, FL) June 28, 2016 – Recent studies reveal that women in business continue to trail their male counterparts, with females holding fewer than one-quarter of senior leadership roles(1) and women-owned businesses accounting for less than 5% of revenues.(2) To overcome this disparity, risk management entrepreneur and C-level executive Monica Eaton-Cardone encourages women to gain vital and valuable support from several organizations devoted to the advancement of women business leaders and business owners.
An international survey by Grant Thornton found that women hold just 24% of senior management roles worldwide.(1) Within the United States, women fill 23% of all senior leadership positions, up from 21% in 2015; however, 31% of U.S. businesses have no women in senior management.(1) According to a report published by American Express OPEN and Womenable—a social enterprise focused on enabling women’s entrepreneurship and growth—females are better represented among the ranks of business owners. There are currently more than 11.3 million women-owned businesses in the United States, accounting for 38% of all U.S. firms and representing a 45% increase over 2007 levels.(2) However, women-owned businesses generate just 4% of U.S. revenues—a share that has not changed in 20 years.(2) Furthermore, the Financial Times reports that male-owned businesses “are more than three times as likely to reach $1m-plus revenue.”(3)
“While the daunting statistics and slow pace of progress can leave women feeling disheartened, it’s important to remember that success is attainable,” asserted Monica Eaton-Cardone. In addition to founding a number of successful business ventures, Eaton-Cardone currently serves as Chief Information Officer of Global Risk Technologies and Chief Operating Officer of Chargebacks911. “Expertise, confidence and perseverance can go a long way toward helping women achieve their business goals. However, if you want to go further and get there faster, it’s important to leverage all of the resources available to you.”
To help women gain the edge they need to get ahead in business, Eaton-Cardone has compiled her top five resources for women entrepreneurs and business leaders:
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