Diversity questions as Scotland’s EY Entrepreneur of the Year 2018 finalists announced
EY has today revealed the names of the 23 business leaders drawn from 21 of Scotland’s “most promising, pioneering and accomplished businesses”, who will contest for the title of EY Entrepreneur Of The Year 2018 Scotland overall winner’ at a June ceremony held at Gleneagles.
The 23 entrepreneurs from Scotland are the first of 96 finalists to be announced by EY from across the UK.
The firm said a “diverse group of companies” have been shortlisted in Scotland, with financial services, technology, life sciences, energy, and creative industries just some of the sectors represented.
However, eyebrows have been raised that the diversity does not necessarily extend to the nominees themselves.
The accountancy giant, which last year issued a report calling for gender parity in leadership roles, has included just four women in the 23-strong Scottish shortlist.
Clintec International chief executive Rabinder Buttar, Beattie Communication Group chief executive Laurna Woods, Flow Hospitality Training creative director Ruth Wither and Spectrum Service Solutions managing director Sara Speirs have been listed alongside 19 men, meaning just 17 per cent of shortlist slots have been allocated to female business leaders.
EY partner Mike Timmins and EY Entrepreneur Of The Year Scotland Leader, said the business is focused on “attracting a large number of female business owners to enter our programme in Scotland”.
“We know more can be done by working in collaboration with others, to help improve the representation of female entrepreneurs taking part in our programme and women in leadership positions in the business community,” he said.
“EY works with business support organisations and advisers in Scotland to encourage a diverse group of business leaders to enter our programme.
“We specifically approach female-led businesses who have impressive success stories to share.”
Today’s announcement explained that the finalists will be interviewed by an independent panel of judges, and the selected winners from Scotland and the English regions will progress to the UK finals in November, where the ‘EY Entrepreneur Of The Year 2018 UK overall winner’ will be named.
Mr Timmins added: “It takes courage, conviction and curiosity to achieve success as an entrepreneur and it is important to celebrate the contributions they make to our economy and society. Today’s entrepreneurs are the mentors of tomorrow and it is vital to Scotland’s vibrant business community that we support and encourage this legacy for generations to come.
“Entrepreneurs often see opportunities where others see adversity, they uncover gaps in the market that others didn’t even know existed, and disrupt the status quo. Their passion and enthusiasm is impressive. Now in its 20th year, I continue to be amazed by the depth of ambition and innovation we have from our entrants and this year’s finalists are a tremendous example of that.”
Celebrating its 20th anniversary in the UK, EY Entrepreneur Of The Year has recognised the contribution of thousands of entrepreneurs to the UK economy over the last two decades and created an impressive network of innovators and business pioneers.
Some of Scotland’s best known business figures are former EY Entrepreneur Of The Year winners, including: Sir Brian Souter, who founded transport company Stagecoach; Martin Gilbert of, then, Aberdeen Asset Management; and serial entrepreneur Alasdair Locke who was the inaugural overall Scotland winner in 1999.
Mr Locke, Chairman of Motor Fuel Group (MFG), said: “Being crowned EY Entrepreneur Of The Year at the first Scotland final is not only a fond memory but a significant milestone in my journey as an entrepreneur. The path of any entrepreneur is littered with challenges which test your resolve and motivation to continue. The EY Entrepreneur Of The Year programme is a reminder of the value a thriving business can bring to our communities and economy. It also offers a unique network of peers to support our entrepreneurs and develop them as world leaders.”
Full list of Scotland 2018 finalists by category:
Disruptor
Rising Star
Scale-up
Sustained Excellence
Transformational Leader
EY Entrepreneur Of The Year is sponsored nationally by LGT Vestra.