Women & Power

Women-led companies by the numbers, plus predictions for the future

How much revenue do these businesses generate and what kind of growth do they anticipate?

> $70 billion — Amount of combined revenue generated in 2015 by these Top 100 organizations

> 10 — Number of companies on this year’s list with more than $1 billion in annual revenue

> 25 — Number of companies with $100 million to $1 billion in annual revenue

Winning companies with 100% female upper management:


> Globalization Partners

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> Lancaster Packaging

> Norwell Visiting Nurse Association

Winning companies with all-female boards of directors:

> Chadwick Martin Bailey

> E. T. & L. Corp.


> Globalization Partners

> United Personnel Services

Top 3 barriers to having more women business leaders in Massachusetts (from companies that applied for this year’s list):

1. Lack of professional development and mentorship from both men and women

2. Discrimination/unconscious bias/old boy network

3. Difficulty balancing work and family responsibilities


Among the other factors respondents mentioned: Women lack confidence in their own capabilities; shortage of women in STEM fields; too few women in leadership roles and on boards

What business leaders see for 2016-17:

> Growth rate for their own companies

Expect more than 5% growth — 60%

Expect 2% to 5% growth — 18%

Expect 0% to 2% growth — 14%

Expect no growth or a decline — 8%

> Growth rate for Massachusetts’s economy

Expect more than 5% growth — 10%

Expect 2% to 5% growth — 51%

Expect 0% to 2% growth — 30%

Expect no growth or a decline — 9%

Source: The Commonwealth Institute


 The 2016 top 100 women-led businesses in Massachusetts

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