This Week's Herman Trend Alert Purpose Emerging as Important Driver of Engagement

The Herman Trend Alert September 14, 2011 High Growth Women Entrepreneurs Poised to Transform Economies One of the most exciting global developments is the emergence of a new age of high-growth women entrepreneurs. This trend has the potential to transform economies around the world, creating literally millions of jobs. Though this statement may sound grandiose, according to Sharon Vosmek, it is not. Vosmek is CEO of Astia, "the premier venture accelerator for women-led high growth companies". She passionately believes that women entrepreneurs will create the next high-growth firms. . . and their growth can positively transform global economies. The data cited by Vosmek are compelling. The data show that if women CEOs had the same access to capital as male CEOs, the economy would add six million jobs in five years, two million in the first year alone. These data support her campaign to take women-led, high-growth entrepreneurship to next level---globally. Women make up over half the planet and over 50 percent of all new MBA graduates and more than half (non-STEM) postgraduates as well. Women represent almost 50 percent of all PhDs and 48 percent of all entrepreneurs globally. Yet they represent fewer than 20 percent of high-growth CEOs and attract only 10 percent of venture capital dollars. Vosmek's mission is to promote women's "full participation as entrepreneurs and leaders in high-growth businesses, fueling innovation and driving economic growth". Astia is focused on innovative firms, including high tech, clean tech, life sciences, and consumer services. The organization offers an inclusive network, where women and men work together to give women entrepreneurs access to a global community of experts, supporting them with "equity and influence." Since enterprises fewer than five years old created most of the net new jobs in the last 30 years, the opportunity is tremendous. Moreover, high-growth start-ups have been responsible for most of the world's job growth. Our forecast is that of the over 60 percent of women college graduates and those seeking postgraduate degrees, a number will be among the ranks of Vosmek's high-growth entrepreneurs. From Columbia to Ghana to Singapore, we have seen women entrepreneurs establishing their footholds. Once they have equal access to funding, expect significant (and welcome) job creation. Special thanks to Nicole Kekeh, founder of The Dora Kan Group LLC a startup and strategy firm, and a contributor to ForbesWoman. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." WHO SENDS OUT YOUR NEWSLETTERS? We are convinced there is no better choice than ours! We have happily used DataBack Systems to deliver The Herman Trend Alert for over 10 years and. Visit their website (http://www.databack.com) or call Byron directly at 503.941.0427. You'll be glad you did. IS YOUR EMPLOYER AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. In the future, being an Employer of Choice® will not be optional. Call Carol at 336-210-3547 to arrange a no-obligation conference call. Or order the electronic version of the Employer of Choice book on your desktop for only $17.80 @ http://hermangroup.com/store/books_all.html#2. STRUGGLING TO FIND THE PEOPLE YOU NEED? VETJOBS CAN HELP! Recently, hundreds of thousands of jobs remain unfilled due to a lack of capable people. If you are looking for qualified candidates, you need to hire a veteran using VFW-sponsored VetJobs, the largest military employment site on the Internet. Thousands of returning veterans are looking for good jobs now. Mention this ad in The Herman Trend Alert and receive a 10% discount on job postings. Call Ted Daywalt at 877-838-5627 or inquire at info@VetJobs.com. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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