UAE Female Leaders Put More Trust In Their Companies Than The Global EconomyKPMG reveals that the UAE-based female leaders believe they are equipped with the necessary skills to drive digital transformation in their organizations.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock.com

The firstKPMG UAE Female Leaders Outlookstated that the UAE's female leaders possess strong entrepreneurial vision, are realistic about growth expectations, and believe they are equipped with the necessary skills to drive digital transformation in their organizations, has revealed.

这项研究受到近700 gl反应obal female leaders around the world, including the UAE, found that 76% ofUAE female leaderswere confident about the growth expectations for their company, while just 35% were confident in the growth prospects of the global economy.

Interestingly, 2018 KPMG Global CEO Outlook reported that 90% of the predominantly male chief executives interviewed were confident of their company's growth prospects, while 67% were confident in the growth prospects of the global economy.

Furthermore, 75% ofUAE female leadersexpected an overall growth in headcount over the next three years, while only a quarter (25%) said they expected a shrinking or steady employee base. This result supports the opinion shared by the survey's global female leaders: that artificial intelligence (AI) implementation will create more jobs than it eliminates.

Clare McColl, Partner and Head of Indirect Tax at KPMG Lower Gulf, stated that KPMG's first ever UAE Female Leaders Outlook shows that female leaders generally have a very realistic outlook to achieve sustained growth. "Female leaders refer to the data and information available to assist in making tough decisions at the senior level– relating to technological disruption, managing resources or maximizing operational efficiencies," McColl added.

Related:Infographic: Female Entrepreneurship In The Middle East

In terms of the benefits AI will bring to organizations over the next three years, UAE female leaders came across as pragmatic: 18% believe that new technology will reduce operational costs while 13% think it will help improve data analysis capabilities. Only 14% indicated their organization has no plans to implement AI over this period.

Almost all female leaders in the UAE believe they are in their jobs on merit, through networking, strong communication skills and/or a thorough knowledge of new technologies. Only 3% rankedfemale leadershipquotas as a crucial factor for their personal success, and when asked if women's enablement programs are a good method of bringing more women into the business world, 79% backed such initiatives compared to 83% globally.

"Looking ahead, I feel that female leaders in the UAE are receptive to technological challenges and have a clear understanding of their strategic direction. They are confident about growth and based on their positivity and flexibility, I believe that they will achieve their goals," McColl concluded.

Related:H.E. Noura Al Kaabi On Increasing Support For Female Entrepreneurship In The UAE

Wavy Line

Related Topics

Growth Strategies

11 Lessons Learned Raising A Series A Round For My Startup

The founder of Meddy, a GCC-based healthtech startup that helps patients find the best doctors and book appointments with them, shares his insights from the fundraising experience.

Making a Change

3 Ways to Rewire Your Brain to Make More Money

Too many high-performing individuals make less than they should. This is how to train your brain to reach true earning potential.

Growth Strategies

Bolstering Bridges Between France And The GCC: A Look Back At The Inaugural Edition Of Vision Golfe

Held under the patronage of French President Emmanuel Macron, Vision Golfe was staged by Business France, a French government agency that supports the international development of the country's economy.

Growth Strategies

With A Goal To Fully Decarbonize The Last-Mile Industry, UAE-Based One Moto Secures US$40 Million In Lease Financing

With a goal to fully decarbonize the last-mile industry, the startup aims to introduce 50,000 electric delivery vehicles in the UAE by 2025.

Social Media

Threading A Conversation On Threads (With Early Adopters Of The Social Media App In Dubai)

30 million people took notice of the new app only in the first 24 hours after its launch, and it's been downloaded more than 104 million times at the time of writing.

Finance

DIFC Innovation Hub Launches The Ninth Edition Of Its Fintech Accelerator Program

DIFC Innovation Hub is the region's leading innovation ecosystem with 686 innovation and tech firms.