Women4Business

ACCELERATING ECONOMIC EMPOWERMENT AND INCLUSION

The Women4Business Daring Circle is committed to promoting and accelerating women’s economic empowerment in business and supply chains. It highlights the crucial role of women’s entrepreneurship and leadership for an inclusive economic recovery.

Entrepreneurship is a ready route towards both economic empowerment and growth. If women and men participated equally as entrepreneurs, global GDP could rise by up to 6%, or $5 trillion[1].

Diversity in supply chains offers a real value, increasing access to innovation and resilience within companies. Yet, the gender gap in supply chain and entrepreneurship remains disproportionately large today. Women entrepreneurs rarely have equal opportunities to compete for large contracts, and face more challenges in scaling and sustaining their businesses.

Many corporations and policy makers are unaware of this issue, or they don’t know how to make procurement more inclusive. The Daring Circle Women4Business advocates for collective action to solve this issue.

Through its original research and activities, the Daring Circle is building awareness and educating about the value of supplier diversity. The Daring Circle released the Toolkit for Action on Inclusive Sourcing, providing organisations with holistic tools and knowledge resources to make their supply chains diverse and gender inclusive.

^[1] Unnikrishnan, S. and Blair, C., 2019. ‘Want to Boost the Global Economy by $5 Trillion? Support Women as Entrepreneurs’. Boston Consulting Group.

The Toolkit consists of:

The Inclusive Sourcing Journey — to assess the maturity, reach and impact of an organisation’s supplier diversity practices and provide custom recommendations to advance them.

The Legal Guide for Positive Action — to equip procurement teams with guidance to design affirmative action policies for inclusive sourcing, consciously of what is legally compliant.

The Communications Guide — to assist organisations in building engagement and inspire action on supplier diversity, in the knowledge of best practices, terminology and the business case for gender inclusive sourcing.

The Women4Business Daring Circle is led by P&G, in collaboration with BNP Paribas, ExxonMobil, L’Oréal, Publicis Groupe, Standard Chartered and Mazars. The Circle is supported by Knowledge Partner Kearney, Insight Partner Clifford Chance, Institutional Partner WEConnect International, Expert Member IFC, and HEC as Academic Partner, along with a diverse network of experts and corporate champions.

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2023 2022 2021 2020

Business

WOMEN4BUSINESS DARING CIRCLE: WHY ENGAGING DIRECT AND INDIRECT SUPPLIERS IS CRITICAL FOR SUSTAINABLE AND INCLUSIVE VALUE CHAINS

Companies and organisations have an imperative to transform their supply chains to meet the needs of our rapidly changing world.

Business

INCLUSIVE SOURCING: A BUSINESS-WIDE STRATEGY FOR TRANSFORMATION

With geopolitical crises and the increasing impacts of climate change putting pressure on economies and threatening livelihoods around the world, companies everywhere are looking to enhance the resilience of their supply chains.

Business

A COMMUNICATIONS GUIDE

As a third and essential part of its Toolkit for Inclusive sourcing, the Women’s Forum has launched a Communication Guide to communicate about the why, what and how to achieve supplier diversity and implement a gender-inclusive sourcing programme.

Business

WOMEN4BUSINESS REPORT 2020

Discover the new Women4Business Daring Circle report now.

Business

LEGAL GUIDE FOR POSITIVE ACTION

The Women4Business legal guide aims to equip procurement teams with the necessary information to design affirmative action policies for supplier diversity and gender-responsive sourcing.

Business

INCLUSIVE SOURCING JOURNEY

The Inclusive Sourcing Journey is a new digital tool which will assess the maturity, reach and impact of the supplier diversity and inclusive sourcing practices of participating organisations.

Business

LEADING THROUGH ADVERSITIES : IT IS OK NOT TO BE OK!

“We have proven that women can handle one of the worst pandemics in the whole world successfully, so I think that after this is over, we deserve to have important positions and corporate leadership”- Gina Barroso, President and CEO, GRUPO DIARQ shares with other leaders and entrepreneurs her insights on handling the Covid-19 crisis and moving forward

Business

WOMEN4BUSINESS TOOLKIT FOR ACTION

The Women4Business Daring Circle is currently building a Toolkit for Action, which will be a new and unique package of digital materials giving organisations all the tools they need to make their supply chains diverse and gender inclusive.

Business

LEADING THROUGH ADVERSITIES: WOMEN ENTREPRENEURS AND COVID-19 #WOMEN4BUSINESS

Business

LEADING THROUGH ADVERSITIES: MY COURAGE IS MY CAPITAL!

Chetna Sinha Founder Chairperson of Mann Deshi Bank and Mann Deshi Foundation shares with other leaders and entrepreneurs her inspiration to cope with the Covid-19 crisis and to move forward.

Business

LEADING THROUGH ADVERSITIES: NAVIGATING THE PANDEMIC WITH AI

Including women’s perspectives means there is less bias and more diversity in the discussion and its results. That continues to be important; in war, in peace and in pandemics.

Business

LEADING THROUGH ADVERSITIES: LOOKING FOR “FIRST-MOVER” ADVANTAGE TO SURVIVE THE PANDEMIC!

How are women being impacted by COVID-19, and how are they leading to address the challenges faced by others? To learn, The Women’s Forum for the Economy and Society is conducting a series of interviews with women entrepreneurs and ambassadors for women’s empowerment around the world.

Business

LEADING THROUGH ADVERSITIES: WOMEN SHAPES THE TRANSFORMATION OF THE HEALTHCARE INDUSTRY

The Women’s Forum met with Harjit Gill, Chief Executive Officer of the Asia Pacific Medical Technology Association. APACMed is the only regional association to provide a unified voice for the medical technology industry in Asia Pacific. Harjit was previously the EVP and CEO of Philips ASEAN & Pacific, and held a variety of international roles with Philips over two decades.

Business

LEADING THROUGH ADVERSITIES: WOMEN WILL CHANGE THE FUTURE OF INDIA

Women will change the future of India, and the silver lining of this crisis might be the recognition of that.” Listen to Anita Dongre, creator of The House of Dongre and trailblazer at the forefront of Indian fashion on how she adapts to the crisis and looks forward to building her business to be sustainable, human-centered and environmental conscious.

Business

LEADING THROUGH ADVERSITIES: REWARD WOMEN WORKING ON THE FRONTLINES

Business

MRS. CAROLINE GAYE, COUNTRY MANAGER FRANCE, AMERICAN EXPRESS

Caroline Gaye was appointed Country Manager, France of American Express in 2015. She sits on American Express France’s board of directors, and leads American Express France’s management committee.

Business

SUZANNE BIEGEL FOUNDER OF CATALYST AT LARGE & CO-PRODUCER, GENDER-SMART INVESTING SUMMIT

Suzanne is a globally recognised expert on gender smart investing. She leverages deep networks in finance, philanthropy, development, and entrepreneurship to connect public and private investors to the people and information they need to move their capital in a gender-smart way.

Business

FROM STRUGGLES AND DREAMS TO UNHAMPERED OPPORTUNITIES

By Wendy Teleki

Business

GENDER BALANCE IS WHAT NATURE INTENDED. GENDER EQUALITY IS A BUSINESS IMPERATIVE.

By Balaka Niyazee, CEO, P&G Korea and Executive Sponsor for Gender Equality, Asia Pacific, Middle East & Africa

Business