World Bank Group Gender Action Plan (GAP) Global Private Sector - PowerPoint PPT Presentation

World Bank Group Gender Action Plan (GAP) Global Private Sector Leaders Forum (PSLF) Global Summit of Women Beijing , China Amanda Ellis World Bank May 2010, " 1

PSLF Members

Managing Multilateral Knowledge Sharing Alliances Planning for Mitigation of Collaboration Crises External Threat WBG GAP Private Sector Leaders Forum 3

Choosing Partners General Selection Criteria:  Capability to deliver on commitments 1. Complementarity (skills and contributions, scope 2. and interests) Compatibility (strategic ambitions) 3. Continuity 4. Credibility (reputation, ex-ante trust) 5. Culture (context, knowledge sharing, learning 6. culture) Commitment to creating positive public goods 7. and broader GAP development agenda WBG GAP Private Sector Leaders Forum 4

WBG GAP PSLF: Membership Selection Criteria  Demonstrable commitment to women’s economic empowerment (core business, strategic philanthropy, diversity and inclusion)  Recognized leader and role model  Significant presence or ability to influence in developing countries  Commitment to sharing best practices (attempt to balance sectors and regions)  Participation requirements at knowledge-sharing meetings WBG GAP Private Sector Leaders Forum 5

Selecting Partners: Questions to Answer What can each contribute? What will each get? 1. (Understanding how each partner measures value; not a zero-sum game) How compatible are the collaborators’ likely 2. objectives and strategies in the collaboration? What strength of the commitment can we expect 3. from each? How will each collaborator want to extract value? 4. WBG GAP Private Sector Leaders Forum 6

The Essence of the WBG GAP PSLF Alliance Advantage Reputational Leverage Multiplier effect Explicit Co-learning Potential synergies from inter-alliance cooperation WBG GAP Private Sector Leaders Forum 7

The PSLF Alliance Value-Creation Logics Enabling Women’s Economic Empowerment Strategic Philanthropy Core Business - Diversity and Inclusion Community Engagement Building the Upskilling staff Bottom Line to leverage diversity Brand recognition Leveraging co-specialized Competence learning/ /License to operate Gaining competitive resources internalizing power through new alliance Potential Synergies with Creating new Increasing productivity alliance/non-business partners business opportunities and Innovation New business partners Multiplier Effect: Women’s Economic Empowerment WBG GAP Private Sector Promotes MDG3 Leaders Forum 8

How Will Each Partner Capture Value? Reputational impact; brand equity 1. Sharing and learning new capabilities 2. Positive spill-overs on core business 3. Access to new markets and customers 4. Providing mutual advantage to members 5. Creating enough value to sustain commitment over time  Accelerating growth and learning  Gaining “first - mover” advantage  9

Strategic Issues in Building the PSLF  Optimizing membership  Reconciling ambitions and constraints, contributions and benefits  Giving complementary/differentiated roles  Maximizing common ground  Limiting proliferation of relationships-be selective and avoid adding redundant partners  Core members can vote on new members who must meet criteria and commit to knowledge sharing obligations WBG GAP Private Sector Leaders Forum 10

Strategic Issues in Building the PSLF  Providing governance  Leading without domination  Governance by neutral third party or joint body – WBG GAP leads initially  Self monitoring integral to membership conditions  Audit “reputational insurance” WBG GAP Private Sector Leaders Forum 11

Synergies to create added Starting point Value for partners and accelerate Role model partners indentified multiplier affect for women’s economic empowerment WBG GAP Private Sector Leaders Forum 12

PSLF Output: Creation of McKinsey’s women’s economic empowerment lifecycle Opportunities for the private sector to empower women exist at each point in the lifecycle

PSLF Multiplier Effect: PricewaterhouseCoopers putting women empowerment on the global business agenda

PSLF Multiplier Effect: Using WBCSD’s VISION 2050 for dialogue, common understanding and collaboration to drive women’s economic empowerment “In 2050, some 9 billion people live  well, and within the limits of the planet. The global population has begun to stablize, mainly due to the education and economic empowerment of women ….. Owned by 29 leading multinational  corporations; promoted and endorsed by 200+ WBCSD member companies www.wbcsd.org 

Thank you. Amanda Ellis aellis@worldbank.org 16