Facing a shortage of qualified talent, many leading organizations in India are increasingly tapping women as a ...
Business Wire IndiaFacing a shortage of qualified talent, many leading organizations in India are increasingly tapping women as a source of growth and demonstrating their commitment to attracting, retaining, and advancing women through diversity programs and policies. Yet Catalyst's latest research report, India Inc.: From Intention to Impact, reveals that those well-intended corporate initiatives are not fully achieving the desired goal of creating more inclusive workplaces for women. Launching today at Catalyst’s D&I Logues event in Mumbai, where Catalyst’s IndiaLogues Task Force for change will be announced, the report is a call to action for Indian business leaders, offering concrete ways to accelerate progress.
Though companies are making effortsto spearhead change for women, Catalyst’s research with India-headquartered and subsidiary companies indicates that:
Catalyst’s report identifies important opportunities and success strategies for helping organizations in India transform good intentions into significant progress.
“Leadership accountability can serve as a game-changer in India Inc. for translating intention into impact,” saysDeborah Gillis, President & CEO, Catalyst. “It is evident that organizations are taking steps toward creating diverse and inclusive workplaces; however, it is also imperative to measure the impact of relevant policies and efforts.”
Catalyst has identified five important areas where organizations in India can build on current efforts to be more inclusive:
“At Catalyst, we see an opportunity in every challenge,” saysShachi Irde, Executive Director, Catalyst India WRC. “The culture of diversity should be woven into every level of an organization, from the executive level, all the way down to the entry level. The strategies in this report outline an unprecedented opportunity for organizations in India to make large-scale change for women and effective progress toward creating inclusive workplaces for all of India.”
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About Catalyst
Founded in 1962, Catalyst is the leading nonprofit organization expanding opportunities for women and business. With operations in the United States, Canada, Europe, India, Australia, and Japan, and more than 800 member organizations, Catalyst is the trusted resource for research, information, and advice about women at work. Catalyst annually honors exemplary organizational initiatives that promote women's advancement with the Catalyst Award.
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