I talk a lot about young startup companies that are being led and influenced by incredible women. Today, I’d like to focus on what all those “big, evil corporations” are doing to empower more females.
There are plenty of companies determined to help women succeed as entrepreneurs. In fact, you’ll find more than two dozen of them in this recent article from Inc.com.
So how are some of the biggest players creating more opportunities for women to succeed in business?
- Last spring, Walmart announced its plan to do more business with female entrepreneurs across the globe. The mega-retailer has joined forces with eight other Fortune 500 companies – including Johnson & Johnson and General Mills – to “source from more women-owned businesses.”
- Facebook, Microsoft, and Apple are all shining examples of tech giants that have committed to equal pay initiatives. Boasting no significant gender pay gap as of 2016, these companies claim to remain dedicated to maintaining their 100% achievement of equal pay for equal work going forward.
- Chevron’s award-winning The Chevron Way: Engineering Opportunities for Women initiative is a series of internal programs and processes geared toward attracting, retaining, developing, and advancing women. The company has seen its female hires and mid- to senior-level management positions rise significantly since the program’s inception.
- Companies like Deloitte consistently rank among the top companies in the US for diversity. This global powerhouse promotes women into management 15% more often than other big-name corporations, and hosts more than double the mentoring activity. Pre-hire initiatives include generating interest in STEM fields at the college level.
- Meanwhile, programs like Coca Cola’s 5by20 initiative are working hard to close the gender gap in company salaries, opportunities, and professional roles. From fruit farmers to recyclers, the project’s goal is to see 5 million women become self-supported by 2020. The program has already made great strides in that direction by enabling more than 1.7 million women since 2010.