building a women's enterprise movement: observations and lessons learned
DESCRIPTION
This 28 minute presentation was made at a strategy session discussing building a women's enterprise movement in the UK. It draws upon experiences and lessons learned in the US.TRANSCRIPT
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On Building a Women’s Enterprise Movement:
The Importance of Waves and Tides
Julie R. WeeksPresident & CEO
Womenable
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The Three Waves of Women’s Enterprise Development in the US
1. INFORMATION: Dawning Awareness
2. FORMATION: Finding Our Voice
3. TRANSFORMATION: Shaping Our Future Ourselves
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Wave II: The Formation of a Women’s Business “Movement”
▲1974: Equal Credit Opportunity Act
▲1975: NAWBO founded
▲1978: President’s Interagency Task Force on Women’s Entrepreneurship
▲1986: White House Conference on Small Business
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WBO Act of 1988: The “Big Bang” of Women’s Entrepreneurship
H.R 5050
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Building Momentum Takes TimeConsider the Example of US WBCs
# o
f Clie
nts
An
nu
ally
Nu
mb
er
of W
BC
s
? ? ? ?
Data courtesy of US SBA
Year
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Data, Data, Data
▲Highlight gaps
▲Chart progress
▲Bust myths
▲Tell stories
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Messages Matter: The Value of Soundbites
“Women-owned firms are just as financially sound and creditworthy as the average US firm.” ~ NFWBO, Breaking the Boundaries report, 1995
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The Importance of “Champions”
▲Early support: a leap of faith
▲Often ephemeral
▲Pack mentality
▲Symbiosis
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Succession & Spin-offs
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Building the Ecosystem:Many Hands Make Light Work
Public sector policies and programmes
Foundation: Fact-based information to provide knowledge, support action, cement partnerships
Private sector partners: corporations, educators,
civil society
Women business owners & their associations
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“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it’s the only thing that ever has.” ~ Margaret Mead