On Saturday, March 20th, Business Today’s Boost team had the pleasure of hosting a wonderful group of panelists and attendees for their first seminar of the Boost Leadership Series.
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The fintech industry is heavily dominated by males, with less than 30% employed identifying as female. This trend not only hurts companies and gender equality, but also the product development and democratization of services delivered by these businesses. A quick gender fix is said to bring as much as 20% more profit and increase dividend payouts by as much as half of the current value.
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Victoria’s Secret, one of the most historically profitable lingerie brands, has restrictive paradigms for femininity and is losing relevance. For a more inclusive consumer audience, other lingerie companies are appealing to more ages, body types, genders, races and abilities by producing types of underwear that emphasize a simple look, feel, and comfort.
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Katherine Ryder, Founder and CEO of Maven, explains telemedicine’s role in increasing access to healthcare while decreasing costs and how Maven’s virtual care and services are driving impact and change for women’s health. She also touches briefly upon the lack of female representation in VC and entrepreneurship.
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A new wave of female-focused companies are creating a new paradigm of brand-customer interaction that focuses on creating a community and bringing their customers closer than ever.
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While working at prestigious companies may bring a good income and bragging rights, Susan Lyne, the founder of BBG Ventures, advises students to consider factors such as diversity when deciding where to work.
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