My meeting recently with one of the top CEOs in America touched on everything from financial education to blockchain to care packages for dogs. What do distributed ledgers and
That term is particularly significant on International Women’s Day, as data shows that companies in finance and other industries continue to miss an opportunity
I have watched innovation up close since my days in Silicon Valley, in financial services, tech and media. While progress has been slim, smart companies are celebrating — and making real efforts to leverage — the strengths that women bring, particularly in innovation. They have very good reasons to do so.
But a quick look at the numbers shows that large industries as a whole still have a ways to go. In financial services, globally,
Yet there are success stories, both of large companies recognizing the need for more female representation in management positions, and of innovative women-led ventures. For example, there is
Women understand the customer. After all, they are the customer, by and large.
According to research, companies with more women taking on leadership roles find an increase in “innovation intensity,” resulting in additional
Forward-thinking companies are shaking things up.
Some are devising “
But more needs to happen. Companies should consider putting more women in roles leading innovation initiatives.
In one
The fast pace of innovation presents career opportunities for women who consider getting closer to the digital aspects of the financial services industry. The technological shifts also open the door to women, rather than to return to a large company, to pursue entrepreneurial ideas around what customers want — just like creators of The Skimm did with short, pithy bites of news for busy millennials.
Networks matter, more than ever. They matter because they are driving new innovations and they matter on a personal level because they drive relationships and our own career success.
My own
If corporate leaders and women start there — networking and tapping into the power of women as innovators — we will all benefit.