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"Women now drive the world economy.... As a market, women represent a bigger opportunity than China and India combined." Thus observe Michael Silversteinn and Kate Sayre in their Harvard Business Review article, "The Female Economy" (September 2009; hbr.org). Yet the authors argue that companies do a poor job of recognizing and meeting the needs of women. They reported on the results of a survey of 12,000 women in 40 geographies that found...
"Women feel vastly underserved. Despite the remarkable strides in market power and social position that they have made in the past century, they still appear to be undervalued in the marketplace and underestimated in the workplace. They have too many demands on their time and constantly juggle conflicting priorities — work, home, and family. Few companies have responded to their need for time-saving solutions or for products and services design specifically for them."
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