by rossanahead | Mar 13, 2017 | Startup Guide
More women should be encouraged and supported to engage and succeed in global trade, said the International Trade Centre (ITC) as it marked International Women’s Day on March 8.
To unlock women’s economic potential, ITC underlines seven ways governments, institutions, and the private sector can empower women all over the world, including women in the Philippines.
l. Champion quality data. Information on male and female entrepreneurs should be separated so that the progress of women can be adequately tracked.
2. Enact fair policies. Pass fair policies that will allow more women to join international trade.
3. Secure government contracts. Give more procurement contracts to women. The ITC says this is because companies represented by women are not only more efficient, but the profits from those companies mostly go to the whole family.
4. Strike business deals. The corporate sector is always looking for new products and new solutions. Encourage women to take this opportunity to promote their products and services, especially those that bring cost-effective, more-timely solutions.
5. Enable market access. Guide and assist women entrepreneurs to develop the business skills they need to access new markets.
6. Unlock financial services. Because women are newcomers to the world of business, they must be provided equal access to financial resources so they can put their ideas and creativity to work.
7. Grant ownership rights. Giving women ownership rights to their businesses and properties gives them a voice to influence policies as well as the power to create jobs.
ITC is the joint agency of the World Trade Organization and the United Nations that supports the entry of small and medium enterprises in international trade. – RCA
Photo: ADB
Featured Photo by Christina @ wocintechchat.com on Unsplash
by rossanahead | Mar 9, 2017 | business, Trainers
A CPA firm is giving a seminar on taxation updates entitled “BIR Issuances Affecting Your Tax Compliance,” to be held 1 p.m. to 5 p.m. on March 28, 2017 at the I’M Hotel on Makati Avenue, Makati City.
According to Diaz Murillo Dalupan and Company, the seminar will provide an up-to-date tax talk given the nearing filing deadlines with the Bureau of Internal Revenue.
To view the seminar program, click here. To get in touch with the organizer, call (02) 894-5892, (0908) 319-3486, or (0905) 350-3637. You may also e-mail info@dmdcpa.com.ph.
Featured Photo Courtesy of Rappler
by rossanahead | Mar 9, 2017 | gender equality, woman
Today is International Women’s Day and what better way to celebrate it than to give tribute to all the hardworking women in the world.
For the longest time, society has dictated what women should do, where they should work, what they should wear and where they should go. That’s not the case anymore. Today, women are working their way up in male-dominated fields.
More and more women are occupying the highest seats in the biggest companies in the world.There are also iconic women rising to the top of public service. And incredibly, women are slowly being known as great influencers.
Smartsuperwomen.com was created in 2011 to help women from all walks of life reach their fullest potential. To celebrate its 7th year, this website will be improved and re-launched to meet the needs of more women in different fields. So whether you are a mother, a working woman or an entrepreneur, smartsuperwomen.com will be here to help you. It will also continue sharing stories, tips and informative articles which can serve as a woman’s guide in everyday living. These changes in the website represent the progress women have made throughout the years.
So cheers to all mothers, women in the corporate world and the business industry. Cheers to female public servants, influencers and doers. You are the reason why we celebrate today.
Featured Photo by Josh Howard on Unsplash
by rossanahead | Mar 8, 2017 | Existing Business, Recent Posts
By Romelda C. Ascutia
The Philippines is one of the top countries in the world in terms of the proportion of women holding senior management positions in business, according to a new global study by international professional services firm Grant Thornton.
Women business leaders account for 40% of the members of senior management teams in the Philippine corporate world, earning recognition for the country for its embrace of diversity, said the 2017 study entitled “Women in Business: New Perspectives on Risk and Reward,” released this March.
Along with the Philippines, receiving top marks as well for diversity in the workplace are Russia (with 47% of senior business leaders being women), Indonesia (46%), Estonia (40%), Poland (40%), and Lithuania (37%).
But in some nations, prospects for women in business are less bright. Among those cited for having male-dominated senior management teams are Japan (only 7% are female), Argentina (15%), India (17%), Germany (18%), Brazil (19%), and the United Kingdom (19%).
Globally, the report said, women now hold 25% of senior management roles at companies. This, however, is up by just one percentage point from 2016 and an improvement of only 6% since research began in 2004, Grant Thornton said in the report issued in conjunction with International Women’s Day.
On the other hand, the percentage of companies that have no female participation at senior level rose by a percentage point in 2017 to 34%.
“Globally, one in four senior roles is now held by a woman. This is a slight increase from last year. But the proportion of businesses with no women in senior leadership positions has also risen,” said the report.
Once again, it added, developing countries are leading the charge on diversity, with many major economies continuing to lag behind.
The Association of Southeast Asian Nations, or ASEAN, is the most diverse, with 36% of females in senior business posts, up from 34% in 2016.
In contrast, developed Asia-Pacific has a staggering 54% of business that had no women in senior roles, compared to only 13% of companies that did.
In terms of senior management roles, 23% of human resources directors worldwide are represented by women in 2017, unchanged from 2016. Female chief financial officers comprise 19% of total CFOs, down from 21% in 2016, while women chief executive officers rose to 12% this year from 9% last year.
Meanwhile female chief operating officers in 2017 are recorded at 9% from 8% in 2016; chief marketing officers have an 8% share of total CMO posts, a decline from 11% last year; corporate controllers 8% from 10%; and sales director 6% in 2017, a pullback from 8% in 2016.
According to the annual report, geopolitical and macroeconomic uncertainties are pushing diversity down the list of priorities for companies. “Leaders are concerned with reducing costs and retaining talent, relegating diversity to a nice-to-have rather than a must-have,” it noted.
The study said more needs to be done to level the playing field for women at all levels of the corporate ladder, emphasizing that diversity is key to business success.
“Diverse teams benefit from connections to a wider network, increased legitimacy among stakeholders and better decision-making,” said the report.
It recommended steps to have more diversity in leadership roles, such as implementing organization-wide changes, creating conductive environments, and sponsoring more women to climb the corporate ladder instead of only offering mentoring.
The findings for the 2017 report were based on a survey of 5,500 businesses across 36 countries conducted between July and December 2016.
Photo courtesy of www.BoldContentVideo.com
Featured Photo Courtesy of The Filipino Times
by rossanahead | Mar 7, 2017 | Recent Posts, Trainers
The Philippine Chamber of Commerce and Industry (PCCI) is holding a tax forum on March 10, 2017 from 12 p.m. to 5 p.m. at the Makati Shangri-La. For the program of the forum, entitled “Deepening Understanding of Package 1 of the Comprehensive Tax Reform Program (HBs 4774, 4688 and 4888),” click here.
Interested parties may call PCCI at (02) 846-8196 loc.110 or send an email to advocacy@philippinechamber.com.
Featured Photo Courtesy of Manila Bulletin Business
