Ursula Burns became the first — and remains the only — African-American woman to lead a major US corporation. Eduardo Munoz / Reuters
Ursula Burns became the first — and remains the only — African-American woman to lead a major US corporation. Eduardo Munoz / Reuters

Xerox chief wants to see gender gap narrowed



Ursula Burns may head Xerox, but you could hardly call her a carbon copy of the average American chief executive.

The 56-year-old has worked at the technology company since 1980, back when photocopying meant big business and the Xerox name was synonymous with it.

She began her career at the company as a summer intern, having graduated in mechanical engineering from university in her native New York. In a remarkable ascension of the ranks, Ms Burns was named chief executive in 2009 and, additionally, chairman in May 2010.

Her appointment as chief executive marked two firsts in American corporate life. She became the first — and remains the only — African-American woman to lead a major US corporation. And Ms Burns was also the country’s first female chief executive to succeed another woman, having taken the reigns from Anne Mulcahy.

Yet despite such personal triumphs, Ms Burns is conscious that the wider executive world still does not remotely reflect the make-up of its customer base — also an issue in the Middle East.

“More than 70 per cent of the people in the world do not look like the people who are running companies today. How in the hell can that be?” says the frank-speaking New Yorker.

“Half the world are women, but they are literally in single-digit numbers in the C-suite. Half the world is non-white, and they are in single-digit numbers in the C-suite.”

The numbers are stark. According to 2013 data from GMI Ratings, the most recent available, women hold 11 per cent of board seats at the world’s largest companies. Norway — the first country in the world to impose a gender quota for large corporations — leads the way, with women accounting for 36.1 per cent of board members.

But the GCC countries are at the opposite end of the scale, with women accounting for just 1.5 per cent of board seats, according to the Dubai-based Hawkamah, the Institute for Corporate Governance.

Some leaders are trying to do something about this. In December 2012, Dubai issued a law obliging government departments and related companies to include women on their boards. Yet the exact timeline for adhering to that ruling is unclear.

Ms Burns said gender quotas in the boardroom are suitable only as a last resort — and even then do not represent a long-term solution.

In the Middle East specifically, there is no point setting quotas because there is not a sufficient mass of qualified female professionals from which to pick top executives, the Xerox executive adds.

“It would be putting the cart before the horse … The problem is that women can’t even drive [in Saudi Arabia], they don’t have access to good education. So you can keep setting all the quotas you want, and you can make a law, and still the overwhelming majority of the women would never have access to those [board] seats.”

Ms Burns was speaking to The National during a three-day trip to London, where she was attending a Xerox event at the Savoy Hotel to promote the company's business services.

And her company has a lot of promoting to do. In the past, Xerox became so inextricably linked with printers and copying machines that its brand name became a verb. But with the physical printing market largely on the decline, Ms Burns faces an ongoing challenge in shifting the company’s focus towards business processes and IT outsourcing.

One would imagine that this would be a tough call for someone who has worked at the same company for 35 years. But Ms Burns says she is anything but entrenched in the old ways of thinking.

“Staying fresh is an active game. I don’t sit in my office — very rarely, unfortunately. What I spend a lot of time doing is interacting with the world, particularly with large clients. And that’s how you get a good perspective,” she says.

An impatience with the status quo is another characteristic she says has helped her take on Xerox’s fundamental challenges.

“We are and were the most successful document-technology company in the world. And part of the challenge with that level of comfort is that you basically become comfortable,” she says. “But we have to be very uncomfortable with today. Because today is yesterday; today becomes yesterday immediately. We have to continue to change things.”

Ms Burns was last year named by Forbes magazine the 22nd most powerful woman in the world. The executive attributes her success to two key factors: her family, and joining a company that was interested in her as a person, rather than as just filling gender quotas.

“I happened to go to a company that was really interested,” she says. “Not by law, but just really interested in the people who joined them.”

business@thenational.ae

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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Sukuk

An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The biog

Favourite book: Men are from Mars Women are from Venus

Favourite travel destination: Ooty, a hill station in South India

Hobbies: Cooking. Biryani, pepper crab are her signature dishes

Favourite place in UAE: Marjan Island

SOUTH%20KOREA%20SQUAD
%3Cp%3E%0D%3Cstrong%3EGoalkeepers%3A%20%3C%2Fstrong%3EKim%20Seung-gyu%2C%20Jo%20Hyeon-woo%2C%20Song%20Bum-keun%0D%3Cbr%3E%3Cstrong%3EDefenders%3A%20%3C%2Fstrong%3EKim%20Young-gwon%2C%20Kim%20Min-jae%2C%20Jung%20Seung-hyun%2C%20Kim%20Ju-sung%2C%20Kim%20Ji-soo%2C%20Seol%20Young-woo%2C%20Kim%20Tae-hwan%2C%20Lee%20Ki-je%2C%20Kim%20Jin-su%0D%3Cbr%3E%3Cstrong%3EMidfielders%3A%20%3C%2Fstrong%3EPark%20Yong-woo%2C%20Hwang%20In-beom%2C%20Hong%20Hyun-seok%2C%20Lee%20Soon-min%2C%20Lee%20Jae-sung%2C%20Lee%20Kang-in%2C%20Son%20Heung-min%20(captain)%2C%20Jeong%20Woo-yeong%2C%20Moon%20Seon-min%2C%20Park%20Jin-seob%2C%20Yang%20Hyun-jun%0D%3Cbr%3E%3Cstrong%3EStrikers%3A%20%3C%2Fstrong%3EHwang%20Hee-chan%2C%20Cho%20Gue-sung%2C%20Oh%20Hyeon-gyu%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
UK%20-%20UAE%20Trade
%3Cp%3ETotal%20trade%20in%20goods%20and%20services%20(exports%20plus%20imports)%20between%20the%20UK%20and%20the%20UAE%20in%202022%20was%20%C2%A321.6%20billion%20(Dh98%20billion).%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A%3Cp%3EThis%20is%20an%20increase%20of%2063.0%20per%20cent%20or%20%C2%A38.3%20billion%20in%20current%20prices%20from%20the%20four%20quarters%20to%20the%20end%20of%202021.%3C%2Fp%3E%0A%3Cp%3E%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20UAE%20was%20the%20UK%E2%80%99s%2019th%20largest%20trading%20partner%20in%20the%20four%20quarters%20to%20the%20end%20of%20Q4%202022%20accounting%20for%201.3%20per%20cent%20of%20total%20UK%20trade.%3C%2Fp%3E%0A
The biog

From: Upper Egypt

Age: 78

Family: a daughter in Egypt; a son in Dubai and his wife, Nabila

Favourite Abu Dhabi activity: walking near to Emirates Palace

Favourite building in Abu Dhabi: Emirates Palace

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.