• MEMBER LOGIN
Texas Wall Street WomenTexas Wall Street WomenTexas Wall Street WomenTexas Wall Street Women
  • HOME
  • ABOUT
  • LEADERSHIP
    • BOARD OF DIRECTORS
    • ADVISORY BOARD
    • ANGELS
      • WOMEN
      • MEN
    • COMMITTEES BY CITY
      • COMMITTEES – AUSTIN
      • COMMITTEES – DALLAS
      • COMMITTEES – FORT WORTH
      • COMMITTEES – HOUSTON
      • COMMITTEES – SAN ANTONIO
  • EVENTS
    • UPCOMING EVENTS
    • PAST EVENTS
    • EVENTS BY CITY
      • EVENTS IN AUSTIN
      • EVENTS IN DALLAS
      • EVENTS IN FORT WORTH
      • EVENTS IN HOUSTON
      • EVENTS IN SAN ANTONIO
  • MEMBERSHIP
    • LEVELS
    • TESTIMONIALS
    • DISCOUNTS
    • LOGIN
  • RESOURCES
    • BLOG
    • A DECADE OF PHENOMENAL WOMEN
    • LIMITLESS LEADERS
    • LINKS, ARTICLES, & RESOURCES
    • EVENT PHOTOS
  • SPONSORSHIP
  • GIVE

Newsletter February 18, 2016

    Home Newsletter Newsletter February 18, 2016

    Newsletter February 18, 2016

    By | Newsletter | Comments are Closed | | 0

    Happy Thursday!

    There was a great article in the NY Times detailing a study of over 2200 companies in 90 countries. Of those firms, almost 60% had no female board members, more than 50% had no female executives and just fewer than 3% had a female CEO (it is 2016, right?). The study found that female CEOs did not either outperform or underperform, and it found some indications that having women on boards was correlated with higher profitability. The study found overwhelming evidence  that having women in management had a direct improvement in overall firm profitability. Increasing the number of women in management from 0% to 30% was associated with a 15% increase in profitability – now what rational person would not want that? The full article can be found here: http://www.nytimes.com/2016/02/10/business/women-in-company-leadership-tied-to-stronger-profits.html

    ACIO magazine interviewed Gina Miller, founder of SCM Direct, who called out our industry brethren for paying lip service to diversity without really doing anything about it. To quote her “Inequality is a real issue and is hindering competitiveness. The evidence is clear: Diverse teams make better decisions and deliver better results. Clearer employee data, improved recruitment processes, and a reinvigorated focus on business culture will all pay dividends—whatever the size of your company.” The full article can be found here: http://www.ai-cio.com/channel/NEWSMAKERS/Diversity%E2%80%94Let-s-Get-Real/

    For the entrepreneurs out there, an article in the Huffington Post highlighted exactly why women don’t get funding from VCs complete with a text exchange that illustrates that even today (still 2016, right?), the majority of men in power think of women as either wives or mothers as opposed to competent human beings.  A quote from the article sums it up: “When you ask me about having it all, or how am I going to manage my kids, I seriously think that you are insane,” writes Nadav, who is about to launch a new financial startup. “Because in my head, I can’t imagine a scenario where you trust someone with millions of dollars to run a business but think that they don’t know how to deal with childcare.” The full article can be found here: http://www.huffingtonpost.com/entry/why-venture-capitalists-dont-fund-womens-businesses_us_56c2265de4b08ffac1260793

    As a follow-on to the article demonstrating that when female economists collaborate on a group project, their contributions are overlooked, the Harvard Business Review did its own study and found that women definitely experience a ‘collaboration penalty’ when working in groups. Read on:https://hbr.org/2016/02/proof-that-women-get-less-credit-for-teamwork

    For those of you in the job market, there is a new website that allows female employees to leave anonymous reviews for other women about how female friendly a company really is. The full article can be found here: http://www.theatlantic.com/business/archive/2016/02/women-benefits-fairygodboss/460275/

    And as if being overlooked and underappreciated was not enough, an article from Bloomberg, your gender can have a negative impact on your credit score. In spite of the women have lower overall debt and credit card balances, men edge out women when it comes to that all important rating:http://www.bloomberg.com/news/articles/2016-02-10/does-your-gender-affect-your-credit-score

    We have just an outstanding line up of events coming for you in 2016. We thank you all for your continued support as we continue to grow and look forward to seeing you all soon!

    Very kind regards

     

    Christine

    No tags.

    RESOURCES

    Become a member to gain access to our numerous discounts for goods and services, including 5-star hotels.

    ACCESS RESOURCES

    ACCESS RESOURCES

    DISCLAIMER

    PHOTO/VIDEO DISCLAIMER

    MEMBERSHIP

    TXWSW not only builds up the financial community from within but looks to the communities in which we are located to serve them at the same time. It is in this spirit that we ask you to join us now by signing up for one of our membership levels.

    APPLY NOW

    CONTACT US

    The benefits of membership in TXWSW are myriad and include the ability to connect to some of the top women in finance through both networking and philanthropic events.

    Please feel free to get in touch with TXWSW —

    EMAIL info@txwsw.com

     

    CONTACT US

    Texas Wall Street Women does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. These activities include, but are not limited to, hiring and firing of staff, selection of volunteers and vendors, and provision of services. We are committed to providing an inclusive and welcoming environment for all members of our staff, clients, volunteers, subcontractors, vendors, and clients.

    • HOME
    • Member Login
    • All Events
    • Membership
      • Committees by City
        • Committees – Austin
        • Committees – Fort Worth
        • Committees – Dallas
        • Committees – Houston
        • Committees – San Antonio
    • Give
    Copyright 2008-2020 | All Rights Reserved | Registered 501(c)(3). EIN: 26-2010588
    • HOME
    • Member Login
    • All Events
    • Membership
      • Committees by City
        • Committees – Austin
        • Committees – Fort Worth
        • Committees – Dallas
        • Committees – Houston
        • Committees – San Antonio
    • Give
    Texas Wall Street Women