Last week the Bangladesh Women Chamber of Commerce and Industry announced its partnership with Eastern Bank Limited for the creation of a new award honoring influential and inspiring women entrepreneurs. The BWCCI-EBL Progressive Award seeks to recognize the women entrepreneurs of BWCCI who have achieved significant success in the field of business. The inaugural award ceremony was held on May 24th with around 300 women entrepreneurs, diplomats, bank personnel, media representatives, and members of civil society from across the country in attendance. Continue reading ‘And the Winners Are….’ »
Archive for May 2011
Earlier this week the Bangladesh Women Chamber of Commerce and Industry (BWCCI) held a press conference with Eastern Bank Limited (EBL) to announce the BWCCI-EBL Progressive Award honoring women entrepreneurs. The award is being launched this year to commemorate 100 years of International Women’s Day and seeks to recognize the women entrepreneurs of BWCCI who have achieved significant success in the field of business. This year six successful women entrepreneurs from six divisions will receive the award. BWCCI also recognizes the important role the media has played in its journey, therefore two representatives from print and electronic media who have made noteworthy contributions to the development of women entrepreneurs in Bangladesh will be honored as well. Continue reading ‘BWCCI Launches 2011 Progressive Award’ »
Muhtar Kent, CEO of Coca-Cola, declares women are the drivers of growth and global well-being, and calls for the removal of roadblocks to women’s empowerment. “As a business leader and someone who has the responsibility of creating shareholder value for the world’s most recognized brand, I feel a sense of urgency in ensuring that conditions are ripe for women to thrive around the world,” he states in ”Women Power,” which appears in Management Next.
First, Kent calls for greater women’s leadership within companies, outlining Coca-Cola’s efforts to develop women in management positions. Second, he notes the importance of women-owned businesses in supply chains. Third, he recommends sustainability initiatives, including environmental and economic development initiatives.
Since its establishment in 1998, the Association of Business Women in Serbia (ABW–Serbia) has provided business women with tools and support to expand their businesses, fulfill personal and economic goals, and contribute to the economic development of their local communities. The ABW-Serbia mission, “to strive for the continuous improvement of conditions for private businesses in the local communities in Serbia, by creating equal opportunities for those companies which are run by women and through promoting local, regional and international links among businesswomen and other relevant organizations”, is achieved through their various activities. Some of these activities include increasing the number of women start-ups, raising awareness and the visibility of women business owners, providing a forum for women entrepreneurs to network and exchange ideas, as well as promoting social responsibility and high standards of ethics in business.
It’s hard to mention women’s empowerment without mentioning political empowerment. But what exactly does political empowerment entail? Giving women the right to vote? Having a female head of government? These can be very important steps, but do not guarantee empowerment of women in every country. South Asian countries come to mind, and there are probably other examples. So what else is needed? In a word, leadership.
Leaders are found in political life as well as in many parts of society. Although women politicians tend to receive attention, the efforts of women leaders in civil society are equally if not more important. These civic leaders advocate on national and local policy issues, coordinate action in communities to empower or defend women, and reshape the understanding of women’s potential.
According to a recent study published by Grant Thornton International, the percentage of women in senior management positions globally has dropped to levels present in 2004. The 2011 Grant Thornton International Business Report (IBR) shows a decrease in the number of women in senior management positions from 24% in 2009 to 20% in 2011, which is only up 1% from 2004. The report also found that the number of publicly held businesses with no women in senior management has increased from 35% in 2009 to 38% in 2011.
Proposal of Tk 100 Crore for Women Entrepreneurship Development Fund in the Upcoming National Budget
April 21, 2011
Bangladesh Women Chamber of Commerce and Industry (BWCCI) organized a workshop on ‘FY 2011-12 Budget and Women Entrepreneurs’ in cooperation with USAID-PRAGATI on 21 April, 2011 at CIRDAP Auditorium, Dhaka. The main objective of this program was to ensure the reflection of women entrepreneurship development in the national budget. The Seminar was held with the presence of Mr. Abul Maal Abdul Muhith, Honorable Minister, Ministry of Finance, Government of Bangladesh as the Chief Guest and Dr. Atiur Rahman, Governor, Bangladesh Bank as the Special Guest. Selima Ahmad President of Bangladesh Women Chamber of Commerce and Industry (BWCCI) chaired over the program.