Companies with the highest proportion of women in senior
management have better return on equity and total returns to
shareholders, according to the president of IT suppliers
association
Intellect.
Intellect - whose 800 member companies contribute about 10% of
UK GDP and employ more than one million people - goes as far as to
quantify the difference women make in running companies.
Its first
President's
Report - announced at the Intellect annual dinner at the
Dorchester last week - said the return on equity is 35.1% higher
and total return to shareholders is 34% higher where companies have
the highest proportion of women in senior management.
And female chief executives or board directors add a 10% return
on capital, said Intellect.
All this explains why Intellect is worried about the gender
imbalance of those taking degrees in computer-related sciences. The
report, which is introduced by Sean Finnan, President of Intellect,
said, "With over 140,000 new entrants new entrants needed every
year, the gender imbalance in those taking computer science-related
degrees and in the technology sector in the UK is one of the worst
in Western Europe.
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