Auspiciously timed to coincide with International Women’s Day 2023, we are announcing the launch of a global social community dedicated to supporting the advancement of women who work in finance, supply chain, and related fields.
According to the World Economic Forum’s Global Gender Gap Report 2022, the global gender gap has been closed by 68.1%. Which sounds good, eh? But then they continue to describe that at the current rate of progress, it will take 132 years to reach full parity.
Based on the current stats, it’s not as gloomy as all that for women in finance, who make up 46% of the workforce, and 41% of the women working in the supply chain space. However, the news worsens when we look at the top leadership positions. Only 16% of CFOs from Fortune 500 and S&P 500 companies are females, and a Gartner survey revealed 17% of chief supply chain officers are women.
To do our part supporting women working in the areas of finance and supply chain, Oracle and KPMG have teamed up and yesterday launched the global Women in Finance and Operations community. This social community offers networking opportunities, relevant research, interesting events, and access to inspiring thought leaders. As a member, you’ll be part of a dynamic community where you can connect with peers, share experiences, and learn more about current topics. There’s much we can learn from each other, and this community can help be that conduit.
While Oracle and KPMG are sponsoring this community, you won’t see anything related to our products or services; this is a neutral platform, and members will be driving the agenda.
Members decide which topic will be featured each month. To get ideas rolling, these are the first planned topics, then the community will decide what topics to explore next:
The concept for this online networking community came following the annual Women in Finance and Operations luncheon at Oracle CloudWorld 2022 in Las Vegas.
“Everyone walked away from the women’s luncheon feeling energized and inspired,” explained Oracle’s Ivgen Guner, executive vice president of Global Business Finance. “And the consistent responses from luncheon attendees was that getting together once a year was not enough. It was that feedback that sparked the idea to create this community and offer a way to continually connect and interact with peers in finance and supply chain.”
The community is open to all women working in finance, supply chain, or related fields. It doesn’t matter where you are in your career—manager, individual contributor, or even still in college—everyone is welcome. These areas offer exciting, rewarding careers with interesting opportunities for women, and we plan to do special outreach to universities to create more interest among the next generation.
Stacey Gaasch is senior director of product marketing at Oracle and aligned to ERP and EPM initiatives—with an emphasis of the office of the CFO. She spearheaded the Agile Finance Transformation Certificate Series, working closely with the AICPA & CIMA and members of Oracle’s finance team. In her 25 years with Oracle, Stacey has held various marketing management positions in education, digital event marketing, industry marketing, branding, advertising, lead management, field marketing, and global campaigns.