Share with your friends










Submit

Analytics Magazine

Female board members more likely to have tech experience

Female board members more professional technology experience

Photo Courtesy of 123rf.com | © Cathy Yeulet

Female members of corporate boards of directors are nearly twice as likely as their male counterparts to have professional technology experience, according to new research from Accenture.

To understand the gender composition of corporate boards and the role technology plays in the careers of female board members, Accenture examined women’s representation on the boards of more than 500 Forbes Global 2000 companies in 39 countries across Europe, Asia, North America, South America and Australia.

The research found that 16 percent of female directors, vs. 9 percent of male directors, have professional technology experience.

While Accenture’s research shows a general shortage of technology experience in boardrooms in this digital era – with only 10 percent of all board members having professional technology experience – the findings point to the opportunity that women with professional technology experience might have in getting on corporate boards.

“As technology disrupts virtually every industry, companies need to think more broadly about the type of skills and experience needed for their boards, including getting more technology acumen into the boardroom. At the same time, they need to stay focused on gender diversity, since organizations with diversity at the board level perform better,” says Roxanne Taylor, Accenture’s chief marketing and communications officer. “Women directors with technology experience bring diversity and valuable insight – a clear recipe for strategic advantage.”

The research also reveals key differences among countries in the percentage of female directors with technology experience. For example, among the ten most-represented countries in the sample – the United States, Japan, Germany, China, France, the United Kingdom, Spain, Canada, the Netherlands and Australia – the U.S. has the highest percentage of female directors with professional technology experience, at 26 percent (vs. 17 percent of male board members).

In seven of those 10 countries, the percentage of female board members with technology experience exceeded the percentage of male board members with such experience. Only in Spain, Canada and China did male directors have more professional technology experience than female directors.

Accenture’s research also found notable differences between industries in the percentage of female directors with technology experience. Not surprisingly, of the 15 industries covered by the research, the one with the highest percentage of tech-savvy female board members is technology, at 51 percent – more than double the average of most other industries.

Communications ranks second (29 percent), followed by healthcare (22 percent). At the bottom of the list are banking (8 percent) and insurance (2 percent). In all but two industry sectors, both of which are part of the broader financial services sector, the percentage of women with technology experience exceeds the number of men with technology experience.

“It’s clear that more and more jobs – up to and including the board level – will require technology skills,” Taylor adds. “With the number of women pursuing computer science degrees hovering around 20 percent, we need to find new ways to get women excited about technology as early as possible.”

Related Posts

  • 51
    New research from Accenture reveals that young people in the United Kingdom and Ireland are most likely to associate a career in science and technology with “doing research” (52 percent), “working in a laboratory” (47 percent) and “wearing a white coat” (33 percent). The study found that girls are more…
    Tags: percent, accenture, technology, careers
  • 42
    The gender pay gap among predictive analytics professionals is practically nonexistent, and the percentage of U.S. citizens in the profession at the junior level is increasing while the percentage of foreign-born professionals at the same level is decreasing as more U.S. students are entering the market. Those are two of…
    Tags: professionals, percentage, careers
  • 33
    With STEM jobs expected to grow 1.7 times faster than non-STEM professions in the coming years, the personal-finance website WalletHub followed up on its “Best & Worst Cities to Find a Job” report with an in-depth analysis of 2017’s “Best & Worst Metro Areas for STEM Professionals.”
    Tags: percent, professionals, technology

Analytics Blog

Electoral College put to the math test


With the campaign two months behind us and the inauguration of Donald Trump two days away, isn’t it time to put the 2016 U.S. presidential election to bed and focus on issues that have yet to be decided? Of course not.


Headlines

Accenture security report identifies top cyber threats

With recent large-scale cyberattacks signaling a growing front in destructive threats and business impact, a new midyear report from iDefense, part of Accenture Security, reveals how threat actors are continuing to evolve their ability to avoid detection. Based on in-depth analysis, the report anticipates a growth in the number of threat actors who are rapidly expanding their capabilities due to factors such as the proliferation of affordable, customizable and accessible tools and exploits. Read more →

Job searchers: It’s not just who you know, but how well you know them

While online networking sites enable individuals to increase their professional connections, to what extent do these ties actually lead to job opportunities? A new study in the INFORMS journal Management Science finds that, despite the ability to significantly increase the number of professional connections and identify more job leads with limited effort on these sites, unless the connection is a strong one, they typically will not lead to job offers.  Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

Essential Practice Skills for High-Impact Analytics Projects
Sept. 26-27, Executive Conference Center, Arlington, Va.

Foundations of Modern Predictive Analytics
Oct. 2-3, VT Executive Briefing Center, Arlington, Va.

2017 INFORMS Annual Meeting
October 22-25, 2017, Houston

2017 Winter Simulation Conference (WSC 2017)
Dec. 3-6, 2017, Las Vegas

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.