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Women In Business

#BreakTheBias

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With news that the government is to back a new five-year review to monitor women’s representation in the upper rungs of FTSE companies, women across the UK are rejoicing. Research has found that having diversity at the top can improve companies’ profitability. Business Minister, Paul Scully, said: “Evidence shows that more diverse businesses are more successful businesses – the case is too strong to ignore.”

Tuesday 8th March marks International Women’s Day and this year’s theme is #BreakTheBias. So, to help celebrate women's achievement, raise awareness against bias and take action for equality, we asked a selection of female-led businesses in the borough for their thoughts and ideas on topics surrounding equality…

Why is it important to recognise women in business?

The world is constantly changing and that change is speeding up. It needs new ideas and solutions to the problems we face and women provide an increasing number of fantastic business ideas and bring a vibrancy and energy to the world. Women’s businesses are changing the world and the economy.

Lee Lam, Your Startup Partner

What attributes do you think women have that set them apart in business?

The ability to multitask is a huge benefit. Women are able to take on high level voluntary roles within institutes, groups, organisations and faculties, as well as focusing on their business or job role.

Gail Gulvin, Smart Switch Utilities What women-related myths or taboos need to be broken?

Given that women are still in the minority when it comes to leadership roles, the myth is that women need to change. Women don’t, and we certainly shouldn’t have to act like men to get those roles. The purpose in having diversity in the boardroom, or anywhere else, is not so we change to be like others (or behave like men in this case), but that we are all valued for our differences and the perspectives and experiences we bring. Tracey Latteman THL Coaching

What advice do you have for women starting out in business?

Strip back your business and look at each area, and match it to your strengths. There may be areas of your business that you run, that you are not comfortable with. For example, my weakness is the accounts, I hate doing them and realise it’s not my strong point. So don’t be afraid to ask for help or take advice from those who have experience in these fields. Make contact with those you admire and ask questions. Tell them why you admire them too – building each other up is important. Take what you need from their advice, and use it to enhance your business, but always with your own slant on it.

Michelle Harvey, Michelle Harvey Life Celebrant

Be determined to succeed. Do not allow yourself to be undermined. Stand up straight and come out of your comfort zone.

Christine McNamara, Gracious Care What woman has positively impacted on you – and what lesson did she teach you?

My mother. She has always taught me never to give up and to keep chasing my dreams. Thanks to her I am where I am today.

Maria Dominguez, Trendy Beauty

What is your hope for the next generation of women?

In the words of Coco Chanel, “a girl should be two things: who and what she wants”. Having an eight-year old daughter this is my wish for her and the next generation. The freedom to believe in whatever their dreams or ambitions are possible, and the support and kindness from others to accept them.

Claire Boutcher, Keller Williams

That women have the courage to be true to themselves and to fight for what they believe in without fear of judgement. I hope they are open-minded, honest and most importantly, kind to each other. Our environment will need to be a priority, so I hope they can help save it for future generations. I also hope the next generation of women have incredible men in their lives who will not have to conform to outdated notions of masculinity and will play their part in women's rights - standing side by side with them, sharing mutual respect, love and encouragement.

Nicky Grant, Nicky Grant Designs

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