Our Media watcher at Ulster Bank, Kim Kirwan has been busy this week researching and identifying interesting press articles which resonate with our Business Women Can audience. Some interesting findings….
Unconscious gender bias
The Business Council of Australia is pushing radical measures to promote women into senior executive jobs, including regular testing of chief executives and board members for unconscious gender bias and female-only hiring short lists.
Suggesting that a range of inherent biases have produced a “male-gendered concept of merit-based assessment’’ in many companies, the business lobby group proposes a suite of interventionist measures designed to fast track women into top jobs and ultimately reduce the male dominance of boards. The members of the business council, which represents 120 of Australia’s biggest companies, have committed to having 50 per cent of their senior roles filled by women in the next decade. More info here
Million-dollar revenue threshold
2% of women-owned firms have passed the million-dollar revenue threshold, compared to 6% of men-owned firms in the US.
Many women struggle with issues related to confidence that impede their ability to scale their businesses past that million-dollar ceiling. Forbes.com has identified 10 key steps that women should use to growing their businesses BIG. More info here