Women Business Collaborative Highlights Impact of Women in Business
- Editor
- Feb 6
- 2 min read
What's Happening: The Women Business Collaborative (WBC), led by CEO Gwen Young, is advocating for increased representation of women in business by presenting data-driven results that demonstrate the positive impact of women on business success. This comes amid recent debates questioning the role of women in the workforce.
The Key Moves:
WBC represents a coalition of influential companies and 87 organizations dedicated to advancing women in business.
The organization is presenting key facts and data to reinforce the power of women in business.
WBC calls on leaders to recognize supporting women in business as a smart business decision.
By The Numbers :
14 million women-owned businesses in the U.S. represent 39.1% of all U.S. firms, employ 12.2 million people, and generate $2.7 trillion in revenue.
Organizations with 30% or more women on executive teams are 27% more likely to outperform on profitability.
The share of majority women-owned businesses rose from 15.6% to 20.3%, doubling participation in the market since 2020.
Key Quotes:
"These aren't just gaps—they're failures to recognize an undeniable business advantage. The time to close these gaps isn't tomorrow. It's now," said Gwen Young, CEO of WBC.
"WBC calls on leaders to recognize that supporting women in business isn't just the right thing to do—it's the smartest business decision."
*KQ3*
The Bottom Line: The Women Business Collaborative is presenting compelling data to demonstrate that women in business are not only good for business but essential for driving economic growth and innovation. By highlighting the significant contributions of women-owned businesses and the performance advantages of diverse leadership teams, WBC aims to accelerate change and achieve equal position, pay, and power for all women in business.
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