Diversity
Admitting we have biases is not easy. It makes you question how much control we have over our minds and behaviours. This year’s International Women’s Day (IWD) theme encourages us to ‘Break the Bias’ to achieve gender equality, but it is difficult to know which biases are the most important ones to ‘break’ first.
Tomorrow (Tuesday 8th March) is International Women’s Day. While more employers do now offer health and wellbeing support that is specific to women, this is often limited to a particular life stage, such as maternity. Towergate Health and Protection is encouraging businesses to provide for women across the entire lifecycle, from early adulthood to menopause, and beyond.
Making the leap from a business plan to a fully operating company with customers and employees is an exhilarating journey. There is nothing more exciting and empowering than building a business. Particularly as a woman because you have this added sense of breaking the mould or going against the statistics. With excitement, come some terrifying lows, confidence crises and loneliness. I want to make it one of my personal missions for the negatives not to scare people away.
Recent reports have shown that women in business in the UK is on the rise. Almost a third of businesses are owned by women which highlights a remarkable shift from figures in 2016 when just 17% of founders were female. There is still some way to go before the playing field is even but undoubtedly female entrepreneurs have some of the most inspiring stories out there.
I always say that numbers speak for themselves. So it’s doubtful that these numbers will surprise female founders anywhere. Pitchbook data from earlier this year showed that, despite record levels of capital invested in Europe, female founders received just 0.7% of the total funding – €400m (about $473m). The picture isn’t much more encouraging in the US; last year, female-only founded companies garnered 2.2% of the total capital invested in venture-backed startups.
The last 18 months have seen our working lives turned upside down, and after a period of uncertainty, a new era of hybrid working has emerged. Current guidance aside, the majority of companies are offering employees a blended option of at-home and in-office working and half the population would even leave their job if the option for hybrid working was removed.
With extraordinary women from across different parts of the country, a variety of backgrounds and industries, the 19th annual NatWest everywoman Awards brought these entrepreneurs together having one thing in common – being some of the UK’s most inspiring females, recognising their outstanding achievements during one of the most challenging periods for businesses in living memory.
Prior to starting Hertility Health, my co-founders and I realised that even though our careers and personal lives were very different, we all had one thing in common: we wanted reassurance about our fertility health. We found ourselves asking the same questions you might also ask yourself: “Should our career come before a family?” or “Why do we have to make a choice between the two?” And when we searched for help with these big questions, we came up empty handed.
A diverse team can have a huge impact on a business’ success. Diverse management teams can increase revenue by 19%. Racially and ethnically diverse teams are 35 percent more likely to perform better, and they’re 87% better at making decisions. Inclusive companies are 1.7x more innovative when compared to companies that aren’t diverse or inclusive.










