In October our Founder & CEO, Gwen Rhys, attended a Conference at Wilton Park that investigated opportunities and constraints faced by women-led businesses (WLBs) in the UK and elsewhere, identifying collaborative pathways and innovative strategies to push the agenda. Bringing together representatives from large corporations, government, and entrepreneurs, most female, perspectives were heard from Botswana, Hungary, India, Italy, Iraq, Malaysia, Morocco, Serbia, South Africa, Sri Lanka, Turkey and the United Kingdom.
The need to promote women-led business is clear from both a fairness and economic perspective, allowing women’s talent to drive alongside men’s talent. This meeting sought to unpack the impact of perceptions, culture and societal drivers as well as structural barriers which hinder women’s empowerment and corporate growth, producing recommendations for steps forward.
Micro and macro perspectives were both considered, laying out the challenges faced by women at different stages of life, in different arenas and country contexts. Individual women having the confidence, skills, awareness and tools to seize available opportunities are critical alongside the bigger picture of government, private sector and civil society stakeholders having an inclusive vision and common language to facilitate the entrance of women into work, growing their businesses and grasping opportunities alongside men. This requires efforts at multiple levels in order to bring positive change to education, perceptions, policy framework, legal system and the behaviours of both buyers and suppliers in the supply chain.
The conference was a partnership between UK Trade and Investment (UKTI) and Accenture and you can read the full report HERE.
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