Indian women more competent than U.S.

By Eureka Bharali   |   Thursday, 20 November 2008, 19:52 IST   |    1 Comments
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Bangalore: Indian women have more potential than those in other countries like U.S. and Europe. "In India 60 percent of women are endowed with the required skills to lead the industry while in U.S. only 48 percent are skilled," says Rekha Menon, Executive Director, Accenture addressing the Nasscom IT Women Leadership Summit. The findings are a part of a study conducted by Accenture on the industrial status, which also affirms that among the Fortune 500 companies, those with women leaders score higher in all financial segments. Evaluating his company scene and the industry at large, Krishnakumar Natrajan, CEO of Mindtree asserts that women make better employees than men. Infact, the number of women in the industry has gone up from 20 percent to 28 percent, with the number of women in entry level surging to 47 percent from 38 percent. But the added responsibilities and the lack of self image bar women from achieving the credentials she deserves, as in India while 45 percent of women are employed, only 20 percent of women has managed to acquire the leading position. According to Kavita Rao, Head, Global Human Resources, Collabera, the basic cause for this is the lack of support from the menfolk at home. Contemplations on women representation in the industries no more remains a social activity but a concrete business issue. "Gender inclusivity is not a matter of convenience but a smart business decision. Companies should not employ women to include it in their annual report to make enough profit out of it," says Sharad Sharma, CEO (R&D) Yahoo India at the Nasscom IT Women Leadership Summit. However, how far a discussion on women is relevant without proper representation of men? Despite the fact that an adequate support and co-operation of both the gender can lead to a solution, men's presence was definitely limited in the women leadership summit held Wednesday, with around 10 percent of the crowd being men. Infact, it was also pointed by some attendees that even the discussions has been adorned with politically correct statements without an attempt to provide real concrete solutions.