Diplomatic World_nummer 57
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Opening ceremony crowd<br />
Do you think that if we had more women as<br />
political and business leaders it would contribute to<br />
make the world a better place?<br />
It depends on how you define 'better'. Institutions as<br />
diverse as the <strong>World</strong> Bank, the IMF, Goldman Sachs,<br />
and McKinsey have all pointed to the rise in GDPs of<br />
various economies if women were fully utilized not just at<br />
the bottom but also at every level of the economy. On the<br />
corporate side, there are over 70 reports from different<br />
countries indicating a strong correlation between more<br />
women in senior roles as executives and board directors<br />
with a company's better financial performance. Given this<br />
myriad research indicating the positive results that accrue<br />
from advancing women's economic opportunities, the<br />
question then is why are women still begging to be allowed<br />
IN? Or to put it another way as one frustrated female<br />
executive said at a recent roundtable I organized: "Don't<br />
companies want to make more money?" The same can be<br />
asked of countries.<br />
What holds women back are long-held cultural assumptions<br />
as to what they can or cannot do that influence companies<br />
and countries to not fully utilize the talent pool that women<br />
represent. Right now, in many countries of the world,<br />
women are the majority of college graduates but they tend<br />
to be under-employed in jobs that do not match their skills<br />
and education. The presumption that family and house<br />
chores are predominantly women's role in society still<br />
permeates cultural thinking even in developed economies.<br />
These stereotypes continue to undercut their claim to<br />
leadership in the workplace.<br />
What are the objectives of the Global Summit of<br />
women? Is it a "women only" version of the Davos<br />
summit or do you also actively seek to promote<br />
a better representation of women in leadership<br />
positions?<br />
Well, from the beginning, we wanted to find a way to speed<br />
up, to accelerate women's economic progress by sharing<br />
what works in terms of government policy or corporate<br />
programs or entrepreneurial experiences that can jumpstart<br />
other women so they do not have to start from zero. So<br />
our focus on best practices and on practical strategies as<br />
opposed to continually focusing on the challenges women<br />
face in the economic sphere permeates the Program.<br />
Basically, what did you do in your country or your business<br />
that I can bring to mine? That is the predominant<br />
question.<br />
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