{"id":29352,"date":"2017-08-13T18:38:42","date_gmt":"2017-08-13T10:38:42","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=29352"},"modified":"2017-08-13T18:38:42","modified_gmt":"2017-08-13T10:38:42","slug":"womens-roles-in-biz-grow-but-cultural-political-barriers-still-limit-success-of-these-businesses","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2017\/08\/13\/womens-roles-in-biz-grow-but-cultural-political-barriers-still-limit-success-of-these-businesses\/","title":{"rendered":"Women\u2019s roles in biz grow, but cultural & political barriers still limit success of these businesses"},"content":{"rendered":"

Dell announced the findings of the 2017 Women Entrepreneur Cities (WE Cities) Index, revealing how 50 top global cities are fostering high-potential women entrepreneurs (HPWE). Building on 2016 WE Cities research, this study ranks cities based on the impact of local policies, programs and characteristics in addition to national laws and customs.<\/strong><\/p>\n

\"\"<\/a>IMAGE SOURCE<\/a>
\nCC0 License
\nPHOTO BY RAWPIXEL.COM<\/a><\/p>\n

\u201cGlobally, women\u2019s entrepreneurship rates are growing more than 10 percent each year. In fact, women are as likely or more likely than men to start businesses in many markets. However, financial, cultural and political barriers can limit the success of these businesses,\u201d said Karen Quintos, EVP and chief customer officer at Dell. \u201cBy arming city leaders and policymakers with data-driven research and clear calls to action, we can collectively improve the landscape for high-potential women entrepreneurs, which in turn dramatically lifts a city\u2019s economic prospects \u2014 as what is good for women is good for the economy.”<\/p>\n

Building on the past five years of Dell research on HPWE, cities were ranked on five important characteristics: capital, technology, talent, culture and markets. These pillars were organized into two groups \u2014 operating environment and enabling environment.<\/p>\n

The overall rating is based on 72 indicators; 45 of these, nearly two-thirds, have a gender-based component. Individual indicators were weighted based on four criteria: relevance, quality of underlying data, uniqueness in the index and gender component.<\/p>\n

The 50 cities were ranked as follows:
\n1. New York City
\n2. Bay Area
\n3. London
\n4. Boston
\n5. Stockholm
\n6. Los Angeles
\n7. Washington, DC
\n8. Singapore
\n9. Toronto
\n10. Seattle
\n11. Sydney
\n12. Paris
\n13. Chicago
\n14. Minneapolis
\n15. Austin
\n16. Hong Kong
\n17. Melbourne
\n18. Atlanta
\n19. Amsterdam
\n20. Portland (OR)
\n21. Berlin
\n22. Taipei
\n23. Pittsburg
\n24. Tel Aviv
\n25. Copenhagen
\n26. Vancouver
\n27. Houston
\n28. Johannesburg
\n29. Barcelona
\n30. Seoul
\n31. Munich
\n32. Miami\/Ft. Lauderdale
\n33. Nairobi
\n34. Dublin
\n35. Warsaw
\n36. Belfast
\n37. Milan
\n38. Beijing
\n39. Tokyo
\n40. Bangalore
\n41. Kuala Lumpur
\n42. Sao Paulo
\n43. Dubai
\n44. Shanghai
\n45. Mexico City
\n46. Lima
\n47. Guadalajara
\n48. Istanbul
\n49. Delhi
\n50. Jakarta<\/p>\n

Forty-one of the cities in this index are in the top five for at least one pillar or sub-category; 34 of the cities are in the bottom five for at least one of the pillars or sub-categories \u2013 demonstrating the competitiveness of these 50 cities.<\/p>\n

Singapore is the only Asian city that made it to the Top 10 (No. 8 overall). It ranks No. 7 in terms of Capital, No. 6 in Enabling Environment, No. 5 in Culture and No. 10 in Technology.<\/p>\n

A number of APJ cities that are not ranked in the top ten overall do very well within an individual category. For instance:
\n\u2022Kuala Lumpur is listed in the \u2018Cities to Watch\u2019 category. While the city ranks No. 41 overall, it ranks No. 5 in Markets, ranking No. 1 in Cost and No. 6 in Access. Furthermore, it ranks No. 8 in Women\u2019s skill & experience (Talent)
\n\u2022Hong Kong made it to the top 10 for the Technology segment, though overall it ranks as No. 16
\n\u2022Melbourne is within the top list for Culture, while overall it achieved a ranking of No. 17
\n\u2022Beijing ranks No. 38 overall, but it is within the top 10 for Capital and Talent
\n\u2022While Sydney ranks No. 11 overall, it ranks No. 3 for Enabling Environment, ranks No. 2 for Culture. No. 6 for Access to Mentors\/Role Models<\/p>\n

\u201cCities in Asia Pacific (APJ) hold huge promise and opportunity for women entrepreneurs, with a number of cities in the region already realizing success in terms of attracting and fostering high-potential women business owners,\u201d said Amit Midha, president, APJ commercial at Dell EMC. \u201cThroughout the region and across the five city characteristics looked at as part of our WE Cities ranking – capital, technology, talent, culture and markets \u2013 we see cities differentiating themselves in specific areas. For instance, ranking #8 and #16 respectively are Singapore and Hong Kong. Both cities are focusing on technology leadership and their ability to enable women entrepreneurs to stand out, through technology and innovation. Kuala Lumpur is also emerging as a \u2018City to Watch\u2019 in recognition of its enabling factors for business and society. The challenges women entrepreneurs face are complex, but the success stories we see are testament to the scale of the opportunity available in APJ. Identifying these challenges and working to address these is an investment in our collective future.\u201d<\/p>\n

The 2016 and 2017 studies differ in several ways, including the total number of cities, number of indicators and the weight of indicators based on new data sources. Given the new elements to the ranking, scores should not be compared year-over-year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dell announces findings of annual Dell Women Entrepreneur Cities (WE Cities) Index \u2212 the only global gender-specific index that looks at a city\u2019s ability to attract and foster growth of women-owned firms.<\/p>\n","protected":false},"author":6,"featured_media":29353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4875,96,5430],"class_list":["post-29352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-dell-emc","tag-technology","tag-women-in-technology"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/29352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=29352"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/29352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/29353"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=29352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=29352"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=29352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}