Business Intelligence

Hiring The Right People - Leading Contributor For Growth Among Top 50 Women-Owned Businesses

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Executive Summary

Recently, American Express OPEN and the Women Presidents' Organization (WPO) announced the 50 Fastest-Growing Women-Owned/Led Businesses in North America. A survey was conducted among 46 of the 50 that revealed some key business insights, including what they consider to be factors for success: "Hiring the right people" - 78% said this was most important contributors to their companies' growth; Being committed to growth - 71% said their goal from the very beginning of their leadership of the company was to build a large or fast-growing company; Being able to motivate employees was cited by 64% as the most important characteristic for being a successful woman business owner.

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