European Leaders Must Pull Up Their Socks To Overcome Challenging Business Landscape

The past couple of years have been a curve ball for the global economy. Starting from the global pandemic to the Russia-Ukraine war, global events in the recent past have brought with them major challenges for industries across the globe.

The European region has been at the receiving end of the hardships brought by aforementioned events which has caused the European economy to contract slightly at the end of last year and beginning of 2023. This was a direct impact of the loss of Russian natural gas and high inflation on consumer spending.

Based on data by the European Union’s statistics agency Eurostat, among the 20 nations that use the euro currency economic output dropped 0.1 percent in the final three months of 2022 and first three months of 2023 as compared to previous quarters.

This resulted in two consecutive quarters of decline which has led to a recession. The times are tough and the need of the hour is for governments and industries to pull up their socks to beat the recession lest it snowball into a deeper problem.

In the midst of tough challenges, it is the business leaders who have been working hard to run organizations successfully. The current edition of The Global Woman leader shines the spotlight on European women leaders who have been catalyst of growth and development in the region.

One such name is Monica Sada, the Founder & CEO of UNICSKIN. This leader from Spain is a pioneering figure in the skincare industry. With a background in Law and Business Administration from ICADE, Madrid, and a distinguished career at JP Morgan in New York, Monica's entrepreneurial journey was driven by her personal struggle with skin issues. Her vision for UNICSKIN integrates scientific rigor with accessible, effective skincare solutions. Monica's leadership has earned UNICSKIN global recognition, with a commitment to innovation and quality that has reshaped the skincare landscape.

From the country of Estonia we have Ashley Kozak, Chief Operating Officer Neurostreet. Ashley holds a diploma in Tourism Management from Saskatchewan Polytechnic, where she developed expertise in tourism and customer services management. As the founder of CryptoStreet, ARC-AI and PropShopTrader OÜ, and the Managing Partner and COO of Neurostreet and Tickblaze, she is a visionary leader dedicated to operational excellence in the financial and technology sectors.

We also feature an interaction with Ilona Gurjanova, President, Estonian Association of Designers. Gurjanova's journey into design was deeply influenced by growing up around artists, due to her mother's job and her talented father. Despite facing initial setbacks, including multiple attempts to gain admission to the art academy, Gurjanova's perseverance paid off. Her commitment to developing her skills led her to the evening department of the academy, where she began her career as a draftsman before transitioning into design.

Know more about these women of substance.