Startup City Magazine

Dell Unveiled the Scorecard of Global Women Entrepreneur Leaders

Bangalore: Dell reveals the results of Global Women Entrepreneur Leaders Scorecards at the sixth annual Dell’s Women Entrepreneur Network (DWEN) summit held in Berlin, Germany organized on June 28-30. Dell sponsored mark-sheet is the first globally announced analysis of women entrepreneurship developments and opportunities. Among 31 countries that were analysed, U.S. claimed the top spot with 71 points followed by Canada and Australia with 69 points. While in the bottom half, India scored 17 points to claim 29th place followed by Pakistan with 14 points and Bangladesh with 12 points. The study also signifies that despite of claiming the top spot, U.S. is still struggling to accommodate women entrepreneur in the top business positions as only 4.6 percent of CEOs are women and only 21 percent of the senior management has women on-board.  It leaves us with a sour taste of gender difference in the developed countries which have equal rights for men and women. This result also studied that U.S. claimed the top spot with a favourable business milieu and women’s job mobility. If American women also started business at the same rate as men, the nation would achieve 15 million of jobs in two years.
There is still disparity in other countries when it comes to basic rights of education, internet, bank accounts and entrepreneurial training programs. UK tops this list with 87 percent of the women having access to internet and 100 percent with bank accounts. On the other hand, Pakistan being the least in this category, 10 percent of them has internet access and only three percent Pakistani women have bank accounts.

In the stable business condition for women, all the top ranked countries boast with strong investments, innovation, capital supply, low business regulation, corruption and monopoly. U.S. being the top in this category could only attract venture capital for just three percent of the start-ups with women CEOs in 2014.  Also, leadership roles in the top and mid level business firms remain male dominated. Only four countries, China, Brazil, Nigeria and Malaysia have five percent women CEOs on-board. Talking about senior management, only three countries, Poland, Jamaica and Russia make 35 percent room for women. In the corporate board seats, France is the lone ranger with 30 percent board members.

In gender equality and identical opportunities for women, government plays a big role. Out of 31 studied countries, only United States and South Africa promote growth-oriented female entrepreneurship through gender public procurement policies. Only four countries, U.S., Sweden, France and Germany perform an annual gendered business census and Mexico being the only country that tracks gendered data for all government-funded entrepreneurship programs. Chile is the only country to perform both.

While developed, developing and under-developed countries all have gender discrepancy in terms of business and government posts, a few among them are showing light to change the traditional male domination. With positive steps from the government and making ground for women entrepreneurship can significantly impact the course of discussion in creating employment opportunities. This scoring of women entrepreneurship opportunities in the countries explains the position and also it does show the areas where those countries have room for improvement. As Dr. Ruta Aidis, Project Director of the Global Women Entrepreneur Leaders Scorecard explains, “To address the specific challenges for high-impact women entrepreneurs in different countries and regions, it takes a holistic approach. That’s why research like the Scorecard is critical to understanding what actions are needed to drive change”.

Donning the initiative, Austin headquartered computer giant Dell has partnered with ‘Cherie Blair Foundation for Women’ to help emerging female entrepreneurs develop their business, and grow with mentors from DWEN network and Dell team members.

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