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THE POWER
OF THE PURSE
Whatever preconceived notions you have about
     women in the workplace, women-owned business
       and the influence of women in organizational
    decision-making – throw them out. They are myths.

Rising Status of Women in Corporate America

    Twenty million women hold professional or managerial positions in the U.S.
    65% of women in senior positions have children
    Over half of all corporate purchasing managers are women
    Executive women are more concerned with the quality of the service they
     receive than their male counterparts
    Working women are three times more likely than men to tell others about a
     company’s products and services
    Women research products/services extensively before they make a buying
     decision
    90% of working women use the same products and services at home that
     they use in the office


The Power of Women Business Owners
    Nearly half of all new businesses are started by women in the U.S.
    There are 10.6 million women-owned businesses in the U.S.
    Women-owned businesses employ 35% more people than all of the Fortune
     500 companies – combined
    1 out of every 5 firms with revenues of $1 million dollars or more are owned
     by women
    In 2009 women-owned businesses spent $38 million on information
     technology, $25 billion on telecommunications, $23 billion on human resource
     services and $17 billion on shipping
    Women are more likely than their male counterparts to embrace technology
     as part of their business strategies
Women and the Impact of Education
   Women make up 58 percent of those enrolled in two and four year colleges
   Women have earned more college degrees than men – every year since the
    class of 1982
   In 2009 women:
        Earned almost 1½ times the number of Bachelor’s degrees than men
        Received 1.6 Master’s degrees for every Master’s earned by men
        Received 7% more Doctorate degrees than men
   With advanced degrees in hand – women’s income has soared by 63% in the
    last 30 years while men’s median income has only increased by .06%



             The numbers tell a very interesting story.

 More educated women are entering the workforce. Women
hold more powerful positions than ever before. And women
   have become an important influence in organizational
                    decision-making.

    Learning how to build relationships, recruit and develop
     women will give organizations a strategic advantage.

                                 Curious?

          Call The Meyvn Group for a free consultation.
                 (515) 360-7678 or (515) 299-0983


Sources: BusinessWeek, Catalyst, Center for Women’s Business Research,
Intuition Group; Yankelovich, U.S. Department of Education, U.S. Census
Bureau, Women Impacting Public Policy, Word of Mouth Advertising Association

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The Power of the Purse

  • 2. Whatever preconceived notions you have about women in the workplace, women-owned business and the influence of women in organizational decision-making – throw them out. They are myths. Rising Status of Women in Corporate America  Twenty million women hold professional or managerial positions in the U.S.  65% of women in senior positions have children  Over half of all corporate purchasing managers are women  Executive women are more concerned with the quality of the service they receive than their male counterparts  Working women are three times more likely than men to tell others about a company’s products and services  Women research products/services extensively before they make a buying decision  90% of working women use the same products and services at home that they use in the office The Power of Women Business Owners  Nearly half of all new businesses are started by women in the U.S.  There are 10.6 million women-owned businesses in the U.S.  Women-owned businesses employ 35% more people than all of the Fortune 500 companies – combined  1 out of every 5 firms with revenues of $1 million dollars or more are owned by women  In 2009 women-owned businesses spent $38 million on information technology, $25 billion on telecommunications, $23 billion on human resource services and $17 billion on shipping  Women are more likely than their male counterparts to embrace technology as part of their business strategies
  • 3. Women and the Impact of Education  Women make up 58 percent of those enrolled in two and four year colleges  Women have earned more college degrees than men – every year since the class of 1982  In 2009 women:  Earned almost 1½ times the number of Bachelor’s degrees than men  Received 1.6 Master’s degrees for every Master’s earned by men  Received 7% more Doctorate degrees than men  With advanced degrees in hand – women’s income has soared by 63% in the last 30 years while men’s median income has only increased by .06% The numbers tell a very interesting story. More educated women are entering the workforce. Women hold more powerful positions than ever before. And women have become an important influence in organizational decision-making. Learning how to build relationships, recruit and develop women will give organizations a strategic advantage. Curious? Call The Meyvn Group for a free consultation. (515) 360-7678 or (515) 299-0983 Sources: BusinessWeek, Catalyst, Center for Women’s Business Research, Intuition Group; Yankelovich, U.S. Department of Education, U.S. Census Bureau, Women Impacting Public Policy, Word of Mouth Advertising Association