StrongHer Ventures and Tholons Release 'The StrongHer 100 Women' Report to Celebrate Trailblazers and Promote Gender Equality in the Workplace
WRITTEN BY TEAM ARISE
PUBLISHED APRIL 25, 2023
StrongHer Ventures and Tholons recently released "The StrongHer 100 Women" Report on the StrongHer Ventures website to recognize and inspire female-led startups and promote gender equality in the workplace.
The report highlights the Top 100 Women Trailblazers across four categories: Legends, Business Leaders, Venture Capitalists, and Founders/Entrepreneurs.
The Legends category features women who have shaped history, while the Business Leaders category recognizes women who have brought a unique perspective to the traditionally male-dominated field of business. The Venture Capitalists category features women who have made significant contributions to the industry, and the Founders/Entrepreneurs category showcases women who are making a significant impact on the global economy.
The report features the outstanding contributions of notable figures from legends, such as Margaret Thatcher and Marie Curie; entrepreneurs, including Falguni Nayar and Whitney Wolfe Herd; leaders such as Kiran Mazumdar Shaw and Ursula Burns; and investors like Renuka Ramnath and Deborah Farrington, among others, as part of THE STRONGHER 100 WOMEN.
Tholons and StrongHer carefully considered numerous variables such as market cap, experience, social media following, impact created, investment exits, revenue growth, funding/fundraising, public/private, and the number of companies founded/invested. The finalists and the report were evaluated by senior thought leaders and a global editorial board. However, the report does not rank or score the Top 100 Global Women Trailblazers based on any specific criteria or metric. Instead, the finalists have been presented in alphabetical order.
This report is important because it sheds light on the underrepresentation of women in leadership positions and the gender gap in entrepreneurship. According to a report by McKinsey, companies in the top quartile for gender diversity are 25% more likely to have above-average profitability than those in the bottom quartile. However, women remain underrepresented in leadership positions, holding only 18% of C-suite roles globally.
The inclusion of gender equality and female leadership in startups has been shown to have several positive impacts on the economy, including:
Improved Financial Performance - The Peterson Institute for International Economics found that companies with 30% or more women in leadership positions have a 6% higher net profit margin.
Increased Innovation - The Boston Consulting Group found that companies with diverse management teams have a 19% higher innovation revenue, according to a study by the group.
Better Decision-Making - The Harvard Business Review found that teams with more women in leadership have a higher IQ and better problem-solving skills, according to a study by the Review.
Enhanced Talent Pool - Deloitte found that 80% of women consider an employer's policy on diversity, equality, and inclusion when selecting a job.
Better Reputation - Adobe found that consumers are 38% more likely to buy from diverse ad brands.
"We are thrilled to partner with Tholons to release 'The StrongHer 100 Women' report," said Ankita Vashistha, Founder & General Partner of StrongHer Ventures.
Overall, the recently released "The StrongHer 100 Women" Report by StrongHer Ventures and Tholons can have a significant impact on various stakeholders, including women entrepreneurs, policymakers, corporations, consumers, and investors.