Minority Women and Business
It has been a long term experience and fact that women have been known to be more effective in their commitment and success operating a business than men. Understandably, men have had a tremendous businesses advantage over women.
There are a number of reasons for this advantage. Men have been in business longer, have had common historical contacts, acquaintances, contact with business families and friends starting in College. Women have not had the experience, proven history and available credit to obtain the necessary capitol to start, or expand their small enterprise as entrepreneurs.
At this time, more than any other time in America, more women are beginning to obtain positions as corporate executives, board members where stock holders are able to identify their talent, commitment and skill in line with their hungry and desire to demonstrate their abilities.
According to the Pew Research Center, “Women have also made inroads into the top leadership positions in corporate America, but the progress has been much slower in (women serving in Congress) that realm. Today, women make up 5% of CEOs in the nation’s Fortune 500 companies and 17% of the corporate board members among them. Today, 26 women are serving as CEOs of Fortune 500 companies”.
The following is a list of the women in CEO positions as April 2015, according to catalyst.org/knowledge/women-ceos-sp-500 and Forbes reports that Only 1% of the nation’s Fortune 500 CEOs are black. For a profile and view of the minority women in charge go to http://madamenoire.com.
• Mary T. Barra, General Motors Co. (GM)
• Heather Bresch, Mylan Inc.
• Ursula M. Burns, Xerox Corp.
• Debra A. Cafaro, Ventas Inc.
• Susan M. Cameron, Reynolds American Inc.
• Safra A. Catz, Oracle Corp. (co-CEO)
• Lynn J. Good, Duke Energy Corp.
• Marillyn A. Hewson, Lockheed Martin Corp.
• Ellen Kullman, EI DuPont De Nemours & Co. (DuPont)
• Lauralee E. Martin, HCP Inc.
• Gracia C. Martore, Gannett Co. Inc.
• Marissa Mayer, Yahoo Inc.
• Sheri S. McCoy, Avon Products Inc.
• Carol Meyrowitz, TJX Companies, Inc.
• Beth E. Mooney, KeyCorp
• Denise M. Morrison, Campbell Soup Co.
• Indra K. Nooyi, PepsiCo, Inc.
• Phebe N. Novakovic, General Dynamics Corp.
• Debra L. Reed, Sempra Energy Corp.
• Barbara Rentler, Ross Stores Inc.
• Virginia M. Rometty, International Business Machines (IBM) Corp.
• Irene B. Rosenfeld, Mondelez International Inc.
• Meg Whitman, Hewlett-Packard (HP) Corp.
Lastly, African American minority women continue to outnumber African American minority men attending higher education. I believe they will continue to grow in obtaining business opportunities. Grants are available in large numbers to those interested in starting a business by going to http://go.netatlantic.com/t/27596024/234918983/145142/96/. Opportunities for men will be looked at next. ]