NEW YORK, Dec. 16, 2021 /PRNewswire/ -- "Tiger" Tyagarajan,
chief executive officer of Genpact, a global professional services
firm focused on delivering digital transformation, has been
recognized by Catalyst, a global non-profit organization helping
companies build workplaces that work for women, for Genpact's
continued progress in advancing women into all levels of
leadership. Catalyst's latest report highlights the Catalyst CEO
Champions For Change who are making tangible progress in
advancing women's leadership despite the disproportionate impact
from the pandemic on women's representation in the workforce.
"We applaud Tiger Tyagarajan and Genpact, along with the other
Catalyst Champion CEOs and their organizations, for their continued
commitment to diversity, equity, and inclusion initiatives through
the challenges of the pandemic," said Lorraine Hariton, president and CEO,
Catalyst. "It's critical that we continue to develop the
leadership pipeline for women, particularly women of color, if
we're going to see significant gains to build equitable and
inclusive workplaces for women."
The Catalyst report, Prioritizing Equity at a Pivotal Moment:
The Catalyst CEO Champions For Change, indicates that the 70+
Champion CEOs have doubled down on efforts to advance women in the
workforce despite the challenges of the pandemic, and highlights
that Champion companies, representing more than 11 million
employees and more than $3 trillion
in combined global revenue, are outpacing their peers in women
representation across the leadership pipeline. Findings on female
representation include:
- Executives – Champion companies: 27.9% vs. global companies:
23.0%
- Boards of directors – Champion companies: 32.2% vs. Fortune 500
companies: 26.5%
- Women board members identifying with underrepresented ethnic or
racial groups – Champion companies: 7.5% vs. Fortune 500 companies:
5.7 %
The report finds that globally, men's employment has returned to
pre-pandemic levels, while women's employment is expected to still
be about 13 million jobs below pre-pandemic levels by the end of
2021.1
"The pandemic's impact on women in the workforce has been
detrimental, and it is incumbent on organizations and leaders to
champion a gender-responsive workforce recovery with more rigor
than ever before, to ensure we don't erase decades of progress,"
said 'Tiger' Tyagarajan, chief executive officer,
Genpact. "At Genpact, gender diversity is a continuous journey
that is core to our business strategy. We believe that having a
diverse, inclusive environment where employees can thrive is
critical to our competitive advantage. It spurs innovation to help
us better serve our stakeholders around the world including
clients, employees, shareholders, and the communities in which we
live and operate."
Tyagarajan serves on the board of directors at Catalyst, and is
a founding supporter of the U.S. chapter of the 30% Club, a global
campaign focused on increasing gender diversity at board and
executive-committee levels. Genpact has been aggressively committed
to advancing women into leadership roles for over 15 years. The
company has made strides to reach its vision of having a 50%
gender-diverse workforce globally, reporting 41% global gender
diversity in 2021.
Genpact's diversity, equity, and inclusion commitment includes a
broad range of ongoing programs designed to attract, retain, and
support women professionals at every stage of their career. This
includes building the next generation of female leaders through its
Women's Leadership Program, designed in collaboration with Harvard
Business Publishing; its cross-company mentorship program in
association with the 30% Club, and its Women in Genpact network, an
employee resource group.
Genpact's commitment to gender diversity is evidenced by recent
honors, including being named to Forbes Best Employers for Women
2021 List, as well as being named one of the Top 10 Best Companies
for Women in India by Avtar and
Working Mother.
1 Source: Policy brief: Building forward fairer:
Women's rights to work and at work at the core of the Covid-19
recovery
About Genpact
Genpact (NYSE: G) is a global professional services firm that
makes business transformation real. Led by our purpose – the
relentless pursuit of a world that works better for people – we
drive digital-led innovation and digitally enabled intelligent
operations for our clients. Guided by our experience reinventing
and running thousands of processes for hundreds of clients, many of
them Global Fortune 500 companies, we drive real-world
transformation at scale. 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 100,000+ of us. From New York to New
Delhi, and more than 30 countries in between, we connect
every dot, reimagine every process, and reinvent the ways companies
work. 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:
Siya Belliappa
Genpact Media Relations – Global
+1 718-561-9843
siya.belliappa@genpact.com
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SOURCE Genpact