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Farnoush Farsiar talks about the challenges faced by women business leaders

Over the past 10 years the women of today have made remarkable advances in leadership. However, Farnoush Farsiar an veteran leader in the financial and wealth management sectors, states that they are still facing unique challenges than their male counterparts. They are often overlooked and have to put in more effort than men to demonstrate their worth in a world predominantly dominated by males. They must balance the demands of family and work. Farnoush Farsiar This isn't easy if both roles require lots of energy and time. Women are able to overcome any obstacle they face within the business world by using the proper tools. Women in management and senior posts remain in the minority Women who hold leadership positions in the business world are often faced with unique challenges their male counterparts may not face. This could be a problem when you're a minority. While women now make most of the workforce however they are still outnumbered by men in executive and management positions. This makes it more difficult for women to be listened to and treated equally in a team. Discrimination based on gender or harassment against female business leaders may be a problem. Related Pages Top 5 Benefits Of Outsourcing For Your Business Mark Lyttleton on the importance of private companies being Financially Sound Virtual Events Vs. In-Person Events Virtual Events Vs. In-Person Events: What are the differences? 4 Reasons You Should Consider Tape Over Glue for your Company These challenges could create an atmosphere of intimidation and fear that can make it difficult to perform your job efficiently. Farnoush claims that women business owners have made tremendous leaps in the past few years, despite numerous obstacles. They prove they can be successful in any industry. Farnoush Farsiar has identified equality as the biggest problem facing women. Farnoush Farsiar One of the greatest challenges female business leaders face is a lack of equality. The foundation of any business is equality. Women CEOs face a greater risk of being ousted from their posts, which is why it can be challenging to achieve. Women CEOs are at risk of the most risk of being dismissed in a business that is growing. It's going to be difficult for junior managers to express their opinions if the CEOs don't have equality. This can create an environment that is hostile for women. This can make it hard for women to advance in their careers. Farnoush Farsiar says that this could lead to a deficiency in diversity in the highest levels of companies. The result is a negative effect on your bottom line. Women entrepreneurs are not provided with support and guidance Another obstacle women leaders confront is the lack of access to established networks. As Farnoush notes, men have traditionally been able to access a powerful "boys club" of business associates. These tendencies are especially evident within the financial and wealth management industries that are dominated by men. This is the reason why men have also appreciated having connections which can aid them in advancing their careers. Women often have trouble breaking into these groups because they might not be thought of as serious by male colleagues. Consequently, women in business may not receive support and guidance, and their hard work may be disregarded. However, with the rise of social media and networking platforms, women can build powerful networks and help systems. This can aid them in overcoming their issues without internet access. Women in business are believed to be more emotional Farnoush Farsiar claims that the common perception is that women are less skilled at managing businesses than men. This is because women tend to be more emotional. This can make women seem less rational and unstable and could lead to their being more aggressive. Farnoush Farsiar stated that "women experiencing more emotional expression causes men to feel at risk, and even apprehensive" This can lead to women being perceived as less competent and capable as men. Women need to be aware and open to altering their views in order to combat this. They should try to communicate clearly, concisely and confidently. Companies have a crucial role in improving perceptions. They must also strive to create a work environment that is inclusive and respectful of all. https://rekvizitai.vz.lt/en/company/lionsgate_procurement_services/farnoush_farsiar_direktore/ In doing this they will be able to change the image of women in the business world and in leadership roles. They also can show that they are like the rest of us. https://reportlet.co.uk/psc/4JvfQwpTV8vIqepLTGpSXcssw-o/ms-farnoush-farsiar-aidi Also, leadership programs for women can aid in developing these capabilities. Another obstacle women leaders face is managing their personal and professional lives. Farnoush Farsiar explains that "women are still the mainstays of the work that is not paid in the home." It can be hard to manage this when they work in a stressful environment. Women are often under pressure to excel in every aspect of their lives. This stress can be a burden. Women who lead should be aware that it's fine to not have everything together at all times. You can also ask for assistance should you require assistance. Employers should also create an environment that allows employees to find balance between work and their personal lives. Flexible working hours, telecommuting, and parental leave policies may all be provided. Farnoush Farsiar has solutions to the problems faced by women business leaders Farnoush believes that, despite the obstacles women leaders have to face, there are many ways to help them overcome these obstacles. Some of these solutions include: Leadership programs designed specifically for women: Farnoush believes that women's leadership programs are crucial. These programs can assist women build confidence and skills they need to excel in leadership roles. Learn to communicate effectively. Women leaders often have a difficult time communicating because they think they have more emotional intelligence than men. To counter this belief, it is essential for women to master the art of communicating their ideas effectively. Collaboration with Human Resources to Influence Policies: Women leaders have the chance to collaborate together with Human Resources in order to create policies more inclusive of females and males. This will make for a more fair and more balanced work environment for all workers. It is well-known that female have unique challenges to overcome than their male counterparts. Farnoush Farsiar The good news is that with the right tools, challenges faced by women leaders can be overcome. Women leaders can achieve success by being aware, and using all the solutions that are available to overcome the obstacles they face.

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Farnoush Farsiar claims Brexit has benefited the UK financial market despite grim forecasts

Farnoush Farsiar, formerly senior director at Emirates NBD, and founder of Plato Capital is passionate about Brexit. By the wealth of her experience in finance She can offer unique insight. Farnoush Farsiar Farnoush has published two pieces on BrexitCentral in the year 2019. Today it appears that her predictions were accurate. Farnoush Farsiar Re-visiting Farnoush's forecast regarding Brexit Farnoush Farsiar believes that a departure from the European Union would liberate the British economy, and the finance market, from the burdensome rules. It would allow London to reach its full potential. Financial sector operations under MiFID II (Financial Instruments Directive), were made difficult because of regulatory intrusion. Only dynamic regulations can ensure that you are in the game. Farsiar declared, "London is the headquarters for the largest european financial institutions." This can have an impact on the economy. If given the chance to develop, Britain's financial services industry could be the most perfect version of its self. British financial markets will be impacted by the UK's departure from the European Union and its conditions. They will be independent again and they won't longer be in a position to blame Brussels. British policy must include lower corporate taxes and the removal of EU legislation. This would help foreign investors as well as stabilize British market for financial instruments. What was UK Market Forecast before Brexit According to an Deloitte report according to a Deloitte report, the UK attracted more Foreign Direct Investment between 2015 and 2018 than any other European country. The study found that London was a more sought-after location for investment in the UK over New York. It's one of the few truly international and global cities, and is being chained down by the rules of the European Union that don't correspond. One of these rules is applied in the stock market. Restricting high-frequency trading or other financial services can reduce efficiency in the whole market. A high frequency trading system that is not fast enough speed will lead to regular trading, which will diminish the industry's excellence. In contrast, Brexit could allow Britain to provide investors with lower options. London's capability to be competitive was hampered by anti-commerce laws. The industry repeatedly warned over the huge costs for small- and medium-sized firms. Andrew Bailey is the CEO of Financial Conduct Authority. He sees "the future of financial regulation of conduct". Bailey explained how Britain could be compared to other governments around the world. The idea he had to create "the future of financial regulation" was to implement an "outcome directed" and "lower burden" strategy. Brexit could be the opportunity for the UK to increase its global influence on finance, as well as to remove all restrictions from the EU. Farnoush Farsiar These restrictions hinder the loose regulations that the UK had before and inhibit enterprises and start-ups to grow and compete in the world market. Brexit will aid in ensuring the remaining tech hubs are secure in the blossoming of the major cities. Farnoush Farsiar Farnoush Farsiar Bailey said that if left to its own devices, the UK's regulatory system would alter in a different manner. The financial markets of the UK were in danger A competitive advantage, in terms of money, is having an edge over your competition through being proficient in your field of expertise. Because of the regulations' weight Due to the regulation's weight, the UK worried about the loss of financial infrastructure of the capital. Farnoush Farsiar International investors might find them less appealing and they'd prefer Paris, Frankfurt or Amsterdam. The most feared thing about the finance market in the UK was the possibility that the European Union would limit the EU market's trading. Another reason to be concerned was that export and import will become more costly. Britain wants the top spot in financial services. https://suite.endole.co.uk/insight/people/23756008-ms-farnoush-farsiar Mid Brexit Farnoush Farsiar believes in a more positive future Farnoush Farsiar correctly predicted that Brexit would be a success. https://www.asian-tapas.com/farnoush-farsiar-discusses-challenges-women-business-leaders-face/ Looking at the discourse on the British economy, there's an at the end of the tunnel. From 7,600 in December of 2020, the number of Brexit-related job relocations to Europe has declined by about a hundred. The latest figures are in line with estimates provided by PwC in April 2016 prior to the referendum. They estimated that up to 100,000 jobs in the financial sector could be lost If Britain votes Leave. However, the market in Britain remains growing despite covid's devastating effects. Without the "EU restrictions" the UK is competitive with the world's largest companies which opens the market to more oversea businesses. Large corporations are moving to the British stock market, and it is able to maintain its status as a world leader. The only drop they've noticed in the industry of financial services is the European market. Most importantly, the trade in fish and seafood went down which poses a challenge for British Islands. It is apparent that although trade with Europe was less however, living costs were higher. Farnoush Farsiar is correct. Brexit is a good thing for the financial sector. It also allowed London to fully realize its potential.

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How can firms that manage wealth be prepared to deal with turbulent times? [Farnoush Farsiar]

Generational changes. Farnoush Farsiar Global mobility. Technological transformation. These are only a handful of the key changes impacting family offices, which is fundamentally challenging their operational structure and methods as reported by Farnoush Farsiar for EU Today. Family offices serve the younger, more tech-savvy and mobile generation more often. The economic crisis and the democratisation of trading via online tools have brought all customers, regardless of age and interests, more interested in their own investment portfolios, meaning they want to be more informed and more involvement, and have lost the traditional appetite for discretionary portfolios, which are managed with arm's length. These changes happen in a period of extreme political and economic instability. Offices that attempt to continue their traditional methods may find they are abandoned by the very people they were created to help. Farnoush Farsiar They should adapt to be more entrepreneurial and develop an attractive proposition for UHNWIs. While family offices may differ in size and their scope, they should prioritise agility over the desire to be experts in all areas. Customers will enjoy more efficient service if they have less advisors who can quickly implement new technologies and bring in external specialists when needed. Farnoush Farsiar As these changes necessitate blurring the lines between family offices and private banking the most successful companies will be those who maintain the loyalty and level of trust of a family office while staying ahead of the curve with the sourcing of deals and embracing technology. Farnoush Farsiar The ability to use both traditional, reputation-based and network-based methods to source deals will lead to the success. But, you may also make use of online methods to discover opportunities and deals. Deal sourcing platforms online are easily installed by wealth managers as well as agile private offices, in contrast to banks that are weighed down by bureaucracy. These platforms make it possible for dealmakers to review several deals at once and make it easier to save time and energy. Other services online that have changed the way family offices interact with their customers include dashboard services, such as Wealthica, which automatically consolidate investments from a range of sources, bringing customers to daily interaction with their investments. Farnoush Farsiar It's a far cry from the past when wealth managers offered only periodic information on the status of their customers' money. These tools can be used to help wealth managers improve efficiency and speed. Their investment strategy is the primary element. Again, the edge is in bringing together traditional and new - continuing to scout for deals in real estate, whilst also exploring investments in areas that have not been explored before like climate science or food security. The UBS Global Family Office Report 2018 showed that impact investing is now the most talked about topic in family offices. One third of these family offices are involved in this kind of investment and many expect to get involved more in the future. Although there are certainly issues with this particular field, for instance difficulties in measuring impact and conducting due diligence, the next generation of HNWIs and UHNWIs will anticipate family offices to be able to determine and secure these kinds of investments. Plato Capital is a boutique bank that provides investment advice. It is based on the experience of its founders in large banks, family offices and in the technology industry to provide entrepreneurial investment advice. Farnoush Farsiar Our personal local knowledge and network enables our clients to effectively manage risk and achieve optimal return on their capital. Anyone who is a wealth manager can thrive in turbulent times by blending old and modern, adjusting quickly to the changing demands, and being open to taking chances with their own structures.