New Zealand Anticipates to Have More Female-led Businesses

• US-based Boston Consulting Group finds businesses having atleast 30% women in senior leadership and notice a 6% rise in revenues
• As per New Zealand Trade and Enterprise Chief Executive, women continue to being underrepresented despite visible progress

In a new statement by New Zealand Trade and Enterprise Chief Executive Pete Chrisp says that a study has been conducted by the US-based Boston Consulting Group which shows businesses having minimum of 30% females in their senior leadership and they witnessed a 6% increase in revenues.

While the progress is visible, women are still materially underrepresented across export and investment. However, it’s evident that having more women-led businesses is for the betterment of New Zealand.

BY 2021-end, NZTE begun a Women in Export Programme that has been designed for addressing barriers and to assist businesses that are led by women for leveraging opportunities.

Pete added, “Our goal for the programme was to double the number of women-led companies we work most closely with by 2026 by tackling the key barriers female founders face, like lack of networks and difficulty securing investment. As a result, we have seen the number of female-led businesses we work closely with increase from 16 percent to 24 percent.”

Moreover, Natural body and hair care company, Anihana’s Sophie Cooper also gave a statement, saying, “NZTE’s Women in Export Programme has been instrumental in building a strong network of like-minded women who are navigating the challenges of growing globally. The peer-to-peer connections and support have been invaluable, providing not just business insights but also the confidence to take on new markets. Being part of a community that genuinely champions female-led businesses has made a huge difference in our export journey.”