{"id":15028,"date":"2018-02-02T16:07:37","date_gmt":"2018-02-02T21:07:37","guid":{"rendered":"https:\/\/globewomen.org\/globalsummit\/?page_id=15028"},"modified":"2018-02-02T16:28:01","modified_gmt":"2018-02-02T21:28:01","slug":"january-31-2018-no-ccxlviii","status":"publish","type":"page","link":"https:\/\/globewomen.org\/globalsummit\/january-31-2018-no-ccxlviii\/","title":{"rendered":"January 31, 2018; No CCXLVIII"},"content":{"rendered":"

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\nJanuary 31, 2018;\u00a0No. CCXLXVIII<\/strong><\/h3>\n

THIS ISSUE’S HIGHLIGHTS:<\/em><\/strong>
\n<\/em><\/strong>I.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 WOMEN PRESIDENTS AT THE\u00a02018 GLOBAL SUMMIT OF WOMEN
\nII.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DIVERSE LEADERSHIP LEADS TO HIGHER INNOVATION REVENUE
\nIII.\u00a0 \u00a0 \u00a0 \u00a0SUCCESSFUL WOMEN CEOs JOINING THE 2018 GLOBAL SUMMIT OF WOMEN
\nIV.\u00a0 \u00a0 \u00a0 \u00a0BBC CUTS PAY OF SOME MEN AFTER OUTCRY ON INEQUALITY<\/em><\/strong><\/h4>\n

I.\u00a0 WOMEN PRESIDENTS AT THE\u00a02018 GLOBAL SUMMIT OF WOMEN<\/em><\/strong><\/span><\/span><\/p>\n

Among the 1,000 women leaders from 60+ countries planning to attend the 2018 Global Summit of Women in Sydney, Australia on April 26-28, 2018 <\/em><\/strong>are three women who are leading or have led countries as Heads of State.\u00a0 With diverse backgrounds in science, education and security, all three will share their experiences in leading their nations with the Summit\u2019s audience of influencers in business and government while defining their role in creating economies of \u201cshare value.\u201d<\/p>\n

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President of Mauritius Ameenah Gurib-Fakim, President of the Marshall Islands Hilda Heine, and Former President of Kosovo Atifete Jahjaga will join the 2018 Global Summit of Women in Sydney.<\/em><\/span><\/p><\/div>\n

Ameenah Gurib-Fakim is President of the island nation of Mauritius<\/em><\/strong> located in the Indian Ocean, southeast of the African continent.\u00a0\u00a0 President Gurib-Fakim, a biodiversity scientist with a doctorate in organic chemistry, led a successful business that researches plants and their applications in the fields of cosmetics, nutrition, and therapy, before being elected President.\u00a0\u00a0\u00a0 Mauritius, which is consistently named Africa\u2019s most competitive economy by the World Economic Forum for its success in streamlining its goods market, building solid infrastructure and promoting a healthy workforce, is hailed as one of Africa\u2019s success stories due to its political stability and good governance.<\/p>\n

A second Head of State of an island nation participating in the 2018 Global Summit of Women is Hilda Heine, President of the Republic of the Marshall<\/em><\/strong> Islands<\/em><\/strong>, located in the Pacific Ocean between Hawaii and the Philippines.\u00a0 An educator before entering politics, President Heine is the first woman from the Marshall Islands to earn a doctorate.\u00a0 The founder of the women\u2019s rights group, Women United Together Marshall Islands, she has stressed that women\u2019s economic empowerment is essential for building resilience and driving sustainable development.<\/p>\n

Also participating in the 2018 Summit is Atifete Jahjaga, who served as President of Kosovo from 2011-2016, <\/em><\/strong>who has participated in three prior Summits.<\/em><\/strong>\u00a0 Kosovo, landlocked in Southeastern Europe and part of the former Yugoslavia, gained its independence in 2008 and under President Jahjaga\u2019s leadership the transition economy grew each year she was in office.\u00a0 A former Deputy Director of the Kosovo Police with the rank of Major General, President Jahjaga has emphasized that investment in women is an investment in the family, investment in the community, and investment in society.<\/p>\n

The Global Summit of Women is honored to welcome these three remarkable women leaders to the 2018 Summit in Sydney, Australia on April 26-28<\/em><\/strong>.\u00a0 To see all 17 women currently serving as President or Prime Minister, visit www.globewomen.com\/?page_id=137<\/a>.<\/p>\n

II. DIVERSE LEADERSHIP LEADS TO HIGHER INNOVATION REVENUE<\/em><\/strong><\/span><\/span><\/p>\n

\"\"<\/a>A recent study by the Boston Consulting Group which surveyed over 1,700 companies in eight countries suggests that increasing the diversity of leadership teams leads to more and better innovation and improved financial performance.\u00a0 Companies with more diverse management teams reported revenue from new products and services launched within three years that was 19 percentage points higher than that of companies with below-average leadership diversity \u2013 45% of total revenue versus 26%.<\/p>\n

The study also looked at the effect of digitization on overall innovation and found that companies that place a greater emphasis on digital technology show an even stronger correlation between diversity and innovation.\u00a0 Companies which invested the most in digital technology as a percentage of operating expenses showed the strongest correlation between diversity and innovation revenue.<\/p>\n

The bottom line: Companies that take the initiative and actively increase the diversity of their management teams perform better.<\/em><\/strong>\u00a0 These companies find unconventional solutions to problems and generate more and better ideas, with a greater likelihood that some of them will become successful products in the market. As a result, they outperform their peers financially.<\/p>\n

The 2018 Global Summit of Women in Sydney will feature many women leading innovative companies in various industries based in different parts of the world.\u00a0 To see the full Summit program, click here<\/a><\/em><\/strong> .<\/p>\n

III.\u00a0 SUCCESSFUL WOMEN CEOs JOINING THE 2018 GLOBAL SUMMIT OF WOMEN<\/strong><\/em><\/span><\/span><\/p>\n

Coming together at the 2018 Global Summit of Women under the theme of \u201cWomen: Creating Economies of Shared Value,\u201d <\/em><\/strong>delegations of women entrepreneurs from countries including China, Vietnam, Spain, Mexico, Kazakhstan, and South Africa, to name a few, will participate in the three-day event in Sydney.\u00a0 Seeking to connect with their counterparts in Australia and throughout the world, the business women join the Summit with the intention of growing their businesses while creating more economic opportunities for the women in their communities.<\/p>\n

Among the hundreds of women business leaders arriving in Sydney for the Summit, five women entrepreneurs from five different countries are featured in the Summit\u2019s \u201cWomen Entrepreneurs Forum.\u201d The women presenting in the forum have not only grown successful businesses but have also included activities of social impact with their work.\u00a0 Sharing lessons learned and advice for those entrepreneurs contemplating the next stage of growth while stressing the importance for entrepreneurs to engage in \u201cshared value\u201d are (from left to right<\/em>):<\/p>\n

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