It is women who rescues retailers Christmas this year!
Tirsdag, 01. december 2009 09:26

Ann Lehmann Erichsen, Nordea Consumer Economist, Nordea. Member of TalentTuning's advisory board. Read more...

-We can see that private consumption around Christmas is stabilized thanks to the fact that the women this year will spend 15 per cent more on Christmas gifts than men. It was only for men Christmas trade would go back for the second consecutive year with more bankruptcies to follow.

-So it is women who rescues retailers Christmas this year. It is certainly the same trend we saw in teen survey. Vigor and a more positive attitude.

-There is no doubt that both pension and unemployment haunts much more in men's budget than in women, which caused the large difference in consumption behavior that we see in years.

-In 2006-2007-2008, there were indeed differences between men's and women's consumption up to Christmas, but only marginally so that a shift has occurred in years.

Read the full review on Christmas consumption and private economy. PDF

 
WOMENOMICS: Women become tomorrow's economic winners
Torsdag, 19. november 2009 10:22

Women become tomorrow's economic winners!
Source: Dr.dk

About a generation, the economic balance of power in society tipping, believes consumer economist Ann Lehmann Erichsen, Nordea. Women sit for a long time on most economic decisions at home, and now is moving women to a greater extent than before into investing and have control over their own economy.

Eventually, the economic balance of power, as we know it, change fundamentally. It believes consumer economist at Nordea, Ann Lehmann Erichsen. She added the use of experts and future researcher Eva Steensig, owner of consultancy Lighthouse CPH:

- Women are good investors and there are more and more decidedly affluent women. As the young women gain the higher level training, it will get the balance between men's and women's power over the private economy to change, she believes.

Ann Lehmann Erichsen estimates that the balance will tilt in just over a generation.

Women sit on American Fortunes
International estimates indicate that next year - in 2010 - will be 50% of all American wealth to be at the hands of women. The same image appears in England, and there is every reason to believe it also will apply to Denmark, think Eva Steensig.

- More and more women are at home training very well and earn money. Meanwhile, women's struggle meant that women today are free to practice their ambitions, and it will mean that they also take the economy into their own hands.

Women are clever, calm investors
That women also have a strong stomach, what about investments means that they are better investors than men, studies show.

Women is not so much with their shares as men do, and they're more humble. They do not think they can beat the market and do it better than the market does. Det tror mange mænd, siger Ann Lehmann Erichsen. I think many men, says Ann Lehmann Erichsen.

Pension - and interest - is lagging
Each time a man will pay 100 dollars on her retirement to pay a woman only 79 pounds. The difference is partly to wage differentials between the sexes, partly on tax and not least of interest, said Ann Lehmann Erichsen.

- Some of the gap is because women still have lower wages than men, and anything is because up until now has been able to reap a tax rebate by paying much, as men increasingly have been able to. But the main reason that women's pensions lagged behind men's, women's very low interest in pension issues. So, women simply have an interest in their retirement, not least in line with that given the economic opportunities to create a good economy - also in the latter part of life.

Men will awake
Women's economic drew largely due to the fact that women have trained more than men, partly because the unskilled female jobs typically gives a low salary, you can not live on or use to become economically independent of man.

- Women have always had reason to be forced to educate themselves and get the men to feel the coming years. Women are adept at managing their own economy, more and more are doing really well, and the men will come to be lagging behind in economic security, believes Ann Lehmann Erichsen, and Eva Steensig supplements:

- There are really some Danish men, who must wake up now. Otherwise, running the women of the place without them.

See in MONEY magazine

 
Women-Owned Firms Have Huge Impact
Torsdag, 12. november 2009 07:09

New Study Reveals Economic Impact of Majority-Women-Owned Firms for First Time!
Source: Center for Women's Business Research.

U.S. businesses owned by women have an economic impact of $3 trillion annually. That translates into the creation or maintenance of 16% of all jobs in the country, according to the Center for Women's Business Research. If U.S.-based women-owned businesses were their own country, it would have the fifth-largest GDP in the world.
Read more...

 

 
One in Four Businesses Calls the Owner ‘Ma’am’
Mandag, 09. november 2009 08:32

Source: The New York Times

The Center for Women’s Business Research was founded nearly two decades ago by a group of women seeking to win respect for businesses run by women. But even center officials were surprised by the findings in their own report: that those businesses play a significant role in the economy.

The report, which was released last month, estimated that eight million businesses — or 28 percent of all businesses — were owned by women, and that those businesses created or maintained 16 percent of all jobs in a range of industries like business services, personal services, retail, health care, communications and real estate.

Read more...

 
Leadership through the crisis and after: McKinsey Global Survey results
Torsdag, 29. oktober 2009 13:16
Source: McKinsey Quarterly

Women matter

Executives have markedly changed their leadership styles in the past year—but not their views on which ones will help companies most in the long term. Many of the most needed leadership styles, now and in the future, are those used more frequently by women than by men.

Read more...

 
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