News: Performance Management
'Women in emerging countries more confident about business than those in west'
12 March 2008
Western women are less confident about becoming successful managers in a global economy than their counterparts in emerging countries, a survey has found.
According to research by management consultancy Accenture, women in Brazil, India, South Africa and China believed they were better equipped to succeed compared with women in countries with more developed economies, reports Management Issues.
More than 4,000 male and female business professionals in 17 countries were interviewed for the survey.
Overall, only four out of ten felt confident about their abilities to compete in the business economy of the future, the news provider reports.
"As we look toward 2011, both men and women will have to be prepared for the challenges and opportunities of the multi-polar world, in which emerging-market economies are competing with the collective dominance of the United States, Europe and Japan," said Armelle Carminati-Rabasse, managing director, human capital and diversity, at Accenture.
Investment in developing countries from Western companies is continuing to increase.
According to the China Quarterly Venture Capital Report, the region saw $2.49 billion (£1.23 billion) invested in 241 deals, a five per cent increase in investment from the year before.
