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Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
BEAUTY AND THE BEAST: DON’T UNDERESTIMATE THE
P...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
entr ep r eneu r s hip
ATTRACTIVE CAREER
for {w...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
In Europe, what is the share of women within th...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
1. Selection of developed countries in region
S...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
26% FEMALE ENTREPRENEURS IN YEAR 2011, COMING F...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
23% 23% 24% 26%
77% 76% 75%
201120052000
+1pp
S...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
Canada: ... %
Austria: ... %
Korea: ... %
0%
17...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
71% 73% 75% 79% 81% 81% 82% 83% 84% 85% 85% 87%...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- QUESTION #4 -
ENGAGE THE FUTURE
27A
B
C
11
5
...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- ANSWER #4 -
ENGAGE THE FUTURE
C
How many of t...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
entr ep r eneu r s hip
ATTRACTIVE CAREER
for {w...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- THING TO KNOW #1 -
1. Self employed with empl...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- THING TO KNOW #2 -
1. Selection of developed ...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- THING TO KNOW #3 -
Most women who become entr...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- THING TO KNOW #4 -
Women entrepreneurs genera...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
- THING TO KNOW #5 -
3 types of initiatives tha...
Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved.
Making entrepreneurship
AT T R A C T I V E C A ...
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Melanie Serier Larsen Include.All 2015

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Women Management

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Melanie Serier Larsen Include.All 2015

  1. 1. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. BEAUTY AND THE BEAST: DON’T UNDERESTIMATE THE POWER OF THE TALENTS Melanie Seier Larsen, President of Section of Women Managers at Manager Association of Slovenia & Principal at THE BOSTON CONSULTING GROUP – Ljubljana, February 2015 –
  2. 2. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. entr ep r eneu r s hip ATTRACTIVE CAREER for {women} C H O I C E A M O R E Making
  3. 3. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. In Europe, what is the share of women within the business owners with employees? 25 % 75 % 35 % 65 % 45 % 55 % DISTRIBUTION OF BUSINESS OWNERS HAVING >1 EMPLOYEE - QUESTION #1 - A B C Women M e n Women M e n Women M e n ENGAGE THE FUTURE
  4. 4. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. 1. Selection of developed countries in region Source: Global Entrepreneurship Monitor (2012) In Europe, what is the share of women within the business owners with employees? - ANSWER #1 - DISTRIBUTION OF BUSINESS OWNERS HAVING >1 EMPLOYEE ENGAGE THE FUTURE 25 % 75 % C Women M e n
  5. 5. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. 26% FEMALE ENTREPRENEURS IN YEAR 2011, COMING FROM ... % IN YEAR 2000 ? How did the proportion of female entrepreneurs evolve in Europe? - QUESTION #2 - 2011201020082006200420022000 16%A B C 19% 23% ENGAGE THE FUTURE
  6. 6. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. 23% 23% 24% 26% 77% 76% 75% 201120052000 +1pp SHARE OF BUSINESS OWNERS BY GENDER, 2000-2011 Source: OECD report Women Entrepreneurs in the OECD, 2013 How did the proportion of female entrepreneurs evolve in Europe? - ANSWER #2 - C Women M e n ENGAGE THE FUTURE
  7. 7. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. Canada: ... % Austria: ... % Korea: ... % 0% 17% 23% What share of Venture-capital investors are women in these 3 countries? - QUESTION #3 - C B A ENGAGE THE FUTURE
  8. 8. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. 71% 73% 75% 79% 81% 81% 82% 83% 84% 85% 85% 87% 90% 91% 98% 29% 27% 25% 21% 19% 19% 18% 17% 16% 15% 15% 13% 10% 9% Korea 100% 0% Japan 2% India Spain China Netherlands Switzerland UK Canada USA Ireland Norway Germany France Sweden Austria PERCENTAGE OF MEN AND WOMEN AMONG TOP MANAGERS OF VC INVESTMENT FIRMS Source: OECD 2012 Canada: 17 %Austria: 29 % Korea: 0 % What share of Venture-capital investors are women? - ANSWER #3 - Women M e n ENGAGE THE FUTURE
  9. 9. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - QUESTION #4 - ENGAGE THE FUTURE 27A B C 11 5 How many of the 42 female newcomers in the 2014 FORBES list of billionaires built their own fortunes, as opposed to inheriting them from their parents or husband ?
  10. 10. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - ANSWER #4 - ENGAGE THE FUTURE C How many of the 42 female newcomers in the 2014 FORBES list of billionaires built their own fortunes, as opposed to inheriting them from their parents or husband ? 5 THERE ARE 268 NEWCOMERS IN THE 2014 FORBES LIST OF THE WORLD BILLIONAIRES: 42 are women, of which 5 only built their own fortunes 226 are men, most of which (>60%) built their own fortunes
  11. 11. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. entr ep r eneu r s hip ATTRACTIVE CAREER for {women} C H O I C E A M O R E Making
  12. 12. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - THING TO KNOW #1 - 1. Self employed with employees. Source:OECD report Women Entrepreneurs in the OECD, 2013 In developed countries, women remain largely under- represented among entrepreneurs ENGAGE THE FUTURE SHARE OF EMPLOYERS1 WHO ARE WOMEN IN EU27 COUNTRIES A significant untapped value, as entrepreneurship is synonym for job creation 23% 24% 26% 77% 76% 75% Men 20112000 Women 2005 +1pp
  13. 13. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - THING TO KNOW #2 - 1. Selection of developed countries in region Source: Global Entrepreneurship Monitor (2012) Women are less confident than men when envisaging entrepreneurship ENGAGE THE FUTURE 37%31% 47% 40% 33% 47% 50% 65% 45% 35% 35%30% MenWomen Opportunity perceptions Capability perceptions Fear of failure for those seeing opportunities US Europe1 US Europe1 US Europe1
  14. 14. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - THING TO KNOW #3 - Most women who become entrepreneurs have different motives than men ENGAGE THE FUTURE 49% 57% 47%53% 41%39% Combining work and private life Avoid unemployment Realising an idea for a new product or service Women Men Women Men Women Men KEY MOTIVES FOR STARTING A BUSINESS, 2012 Source: OECD
  15. 15. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - THING TO KNOW #4 - Women entrepreneurs generally work 17% less and earn 34% less ENGAGE THE FUTURE 100 66 -34% Women averageMen average (100 basis) -17% Women average 39 hrs/wk Men average 47 hrs/wk MEDIAN HOURS WORKED IN SELF- EMPLOYMENT PER WEEK IN OECD COUNTRIES MEDIAN EARNINGS OF SELF- EMPLOYED PEOPLE IN OECD COUNTRIES Note: 2008 data; High variability of women average time and earnings across countries: from 25 to 45 hrs/wk and from 38% to 85% of average men earnings Source: OECD report "Closing the Gender Gap", 2012
  16. 16. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. - THING TO KNOW #5 - 3 types of initiatives that have proven to work in some of the gender mature markets Human capital Financial capital Social capital FURTHER PREPARE WOMEN TO ENTREPRENEURSHIP - specific trainings in finance, business and consulting skills, at all educational levels ENSURE GOOD ACCESS TO CREDIT TO WOMEN WHEN STARTING THEIR BUSINESS - through specific women funds PROVIDE SUPPORT TO ENABLE SUSTAINABILITY OF BUSINESS DURING PREGNANCY AND MATERNITY DEVELOP MENTORSHIP AND ENTREPRENEUR NETWORKS - through women entrepreneurship associations - specific networking events in order to increase the visibility ENSURE ADAPTED SOLUTIONS ARE IN PLACE FOR ENTREPRENEUR- MOTHERS - adapted family care solutions
  17. 17. Copyright © 2013 by The Boston Consulting Group, Inc. All rights reserved. Making entrepreneurship AT T R A C T I V E C A R E E R for {women} ENGAGE THE FUTURE CHOICE A MORE

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