NEW YORK, Dec. 8, 2020 /PRNewswire/ -- "Tiger"
Tyagarajan, chief executive officer of Genpact, a global
professional services firm focused on delivering digital
transformation, joins more than 70 Catalyst CEO Champions For
Change who are making tangible progress to advance women across the
leadership pipeline, according to Catalyst's latest report released
today.
The Catalyst report, Towards a More Equitable Future:
Catalyst CEO Champions For Change, shows that the
companies—representing more than 10 million employees and more than
$3 trillion in revenue
globally—outpace their peers in women's representation:
- Executives: 27.0% (vs. global companies: 23%)
- Senior managers: 29.5% (vs. global companies: 29%)
- Managers: 39.3% (vs. global companies: 37%)
- Board of directors: 31.6% (vs. S&P 500: 26%)
The report also explores ways to track career progression of
women who identify with underrepresented ethnic and racial groups.
Catalyst provides a three-step plan to help organizations
accelerate their journey toward equity:
- Get educated on intersectionality – viewing diversity and
inclusion initiatives from the intersections among gender, race,
and ethnicity;
- Establish a system for collecting reliable data on race and
ethnicity; and
- Start the conversation about racism.
"We continue to deepen our commitment to diversity, equity, and
inclusion. It is the cornerstone of Genpact's culture, and
essential to how we acquire, retain, and nurture the best talent
around the world," said Tyagarajan. "We're proud
of our momentum, which includes 22% women in our senior leadership
ranks today, up from 7% in 2013. People are our greatest asset, and
we have always believed that the perspectives, experiences, and
opinions that come from a diverse workforce are key to our success.
It remains a business imperative to promote an environment where
women excel and advance to leadership roles."
Genpact's diversity, equity, and inclusion commitment includes a
broad range of ongoing programs as well as new initiatives in the
past year. The company launched its Women's Leadership Program in
2019, aimed at women leaders at the assistant vice president level
to develop core leadership behaviors and skillsets, enhancing
leadership impact and influence globally and identifying candidates
to fast-track for career advancement. Genpact also is looking at
leadership development specifically through a racial equity lens.
It is fostering manager training to identify high-potential Black
and Latinx employees to nominate for its leadership programs and
introducing new targeted mentorship and sponsorships
initiatives.
"Women, and particularly women of color, continue to face
entrenched barriers to advancement in companies across the world,
but it's important that Catalyst CEO Champions For Change companies
continue to demonstrate collective progress," said Catalyst
President and CEO Lorraine
Hariton. "We know more work needs to be done, but the
data show positive gains, and we're proud to partner with these
CEOs in this effort."
Read the report:
http://catalyst.org/research/ceo-champions-for-change-2020-report/.
Learn more at catalyst.org/champions.
Join the conversation: #CatalystForChange
About Genpact
Genpact (NYSE: G) is a global
professional services firm that makes business transformation real.
We drive digital-led innovation and digitally-enabled intelligent
operations for our clients, guided by our experience running
thousands of processes primarily for Global Fortune 500 companies.
We think with design, dream in digital, and solve problems with
data and analytics. Combining our expertise in end-to-end
operations and our AI-based platform, Genpact Cora, we focus on the
details – all 90,000+ of us. From New
York to New Delhi and more
than 30 countries in between, we connect every dot, reimagine every
process, and reinvent companies' ways of working. We know that
reimagining each step from start to finish creates better business
outcomes. Whatever it is, we'll be there with you – accelerating
digital transformation to create bold, lasting results –
because transformation happens here. Get to know
us at Genpact.com and
on LinkedIn, Twitter, YouTube,
and Facebook.
MEDIA CONTACTS:
Danielle
D'Angelo
Genpact Media Relations –
Americas
+1 914-336-7951
danielle.dangelo@genpact.com
Siya Belliappa
Genpact Media Relations – India
+91 9823133365
siya.belliappa@genpact.com
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SOURCE Genpact