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Women and the Changing Global Economy
The numbers have been coming in steadily over the past few years, and there is no way to deny anymore that women are taking greater control of the U.S. economy (and much of the global economy) and doing it quietly and quickly.
For example, back in 2008, U.S. News and World Report released data telling us that women controlled 60% of the wealth in the United States. That figure was estimated to be approximately $10-$12 trillion. At the same time, U.S. News and World Report projected that women will control $22 trillion of all wealth in the United states by 2020. That's just a decade away! Considering data released in 2009 by The Nielsen Company revealed almost all income growth in the United States over the past 15-20 years came from women, that U.S. News and World Report projection shouldn't be very shocking. The Small Business Administration has reported in recent years that women-owned businesses are far outpacing all other businesses in terms of growth. The bottom-line is that women are making their presence in the economy better known.
LOCAL > WOMEN BUSINESS NEWS >
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NAWBO, Salt Lake City Chapter, Names Kris Rudarmel
Woman Business Owner of the Year The National Association of Women Business Owners (NAWBO), SLC Chapter, has named Kris Rudarmel, owner of Anchor Water Damage & Restoration, the Woman Business Owner of The Year for 2011. |
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Salt Lake Chapter of NAWBO — providing a strong voice and vision for women entrepreneurs &business owners since 1992 The Salt Lake Chapter of NAWBO has been providing a strong voice and vision for women entrepreneurs and business owners since 1992, and previously to 1980 when the organization was known as UAWBO. |
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7th Annual Chicks with Sticks Golf Event Fundraiser Wednesday, August 17th 2011, 8:00 am - 2:00 pm This 9-hole scramble at the River Oaks Golf Course,with a shotgun start is a great way to have fun, network with women business owners, enjoy a sunny summer day and help raise money for NAWBO/SLC. |
NATIONAL > WOMEN BUSINESS NEWS >
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Beatriz Perez, Coca-Cola's Chief Sustainability Officer,
Made Vice President of the Company The Coca-Cola Company appointed Beatriz Perez, Coca-Cola's Chief Sustainability Officer, as Vice President of the Company. Beatriz joined the Company in 1996 and most recently served as Chief Marketing Officer—Coca-Cola North America. |
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Christine Putur Made Chief Information Officer at Staples Staples, Inc. (Nasdaq: SPLS) promoted Christine Putur to Chief Information Officer, with global responsibility for information technology strategy and execution. Christine had been Senior Vice President of Information Systems for their North American Delivery businesses. |
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Radhika Jones Made Executive Editor at Time Magazine Time Magazine appointed Radhika Jones Executive Editor. Radhika, who holds a Ph.D. in English and Comparative literature from Columbia, had been Assistant Managing Editor of TIME. |
COLUMN > FROM WHERE I SIT
Women Writers Share Stories from Life and Business
Rachel Dees
From the Tack Room to the Board Room
by Rachel Dees August 2011
As I lay in my bed watching one of my favorite movies of all time LEGENDS
OF THE FALL, I begin to fall asleep with dreams of living on that Montana
ranch with Brad Pitt, on my majestic horse, my hair blowing in the wind
galloping across a mountainside of wild flowers – when I am startled by the
sound of gunshots on tv and just as quickly as my dream had started, it ends.
And the cruel reality that I am not in Montana driving cattle but instead I am
on my third day in a row in bed with Percocet, Flexural and Prednisone on
the nightstand next to me and entering my room with a fresh ice pack is my
husband, who is sweet to take care of me, but let's face it, he no Brad Pitt.
Maybe it's the meds, or maybe just the boredom, but I can't help but feel a bit
cheated by Hollywood horse movies and the images of beautiful people riding
devoted horses across scenic western vistas.
This is not the first time that I have let myself fantasize about being the free spirited cowgirl heroin; in fact, I have inserted myself into just about every movie that has horses in it. Until finally about a year ago I decided to quit dreaming and just do it. How hard could it be? When I wanted to take up fly fishing, I went to my local fly shop and bought a rod, and various fishing accoutrements. When dirt biking looked like fun, I went out and bought a dirt bike for my son, husband and myself and vuoala… we were dirt bikers. I am not the kind of woman who is shy of a challenge. To the contrary, about 12 years ago I called the Sales Manager of a large telecom company and told them how much they needed me. And despite the fact that at the time I had no experience in the field he hired me. It did not take long for me to become very successful and today I continue to find success in a male dominated industry. It is not uncommon for me to sit in a boardroom of men defending the return on investment of a large IT project. That's who I am, if I want it, I get it for myself and I REALLY, PASSIONATELY wanted to be a cowgirl, if only on the weekends. So after a little bit of research (a very little bit), set out to buy a horse.
It has been approximately 11 months since my search through the various barns and pastures along the Wasatch Front of Utah looking for my new companion, the horse that was going to make all of my cowgirl dreams come true. It has been 11 months since my friends said I was crazy and called me "green" (which is a nice way of saying you don't know what the hell you are doing). I remember thinking how absurd all of their warnings were. Clearly they did not know who I am, they underestimated my abilities to make it happen. I was surprised at how much they doubted me. But the biggest shock of all, is how much I was about to learn not just about saddles and horseshoes; rather, how much I was about to learn about me. At the time, I had no way of knowing that as I learned horsmanship, I would be getting so much insight about dominance, fear, aggression and relationships with people in the work place and personal life.
AUTHOR BIO
Rachel Dees is the Senior Account Manager for Level 3 Communications. She resides in Sandy, Utah with
her son and husband. Rachel loves the great outdoors and enjoys both adventure and nature; including horse-
back riding, scuba diving and fly-fishing to name a few.