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The Third Billion - Women are fastest growing economic force

Chrstine Lagarde at Davos has been setting out the case for businesses and economies to recognise the power and importance of women. Companies are learning that when they support women as customers, employees, leaders, future investors, and partners—both their businesses and communities win.

'In recent years, investing in women has become more than inspiring rhetoric or good PR for a company. It’s now becoming a core business strategy yielding quantifiable returns' she said. As Secretary of State Hillary Clinton explained at an Asia-Pacific Economic Cooperation meeting in 2011, to “achieve the economic expansion we all seek, we need to unlock a vital source of growth that can power our economies in the decades to come.” By “increasing women’s participation in the economy and enhancing their efficiency and productivity,we can have a dramatic impact on the competitiveness and growth of our economies.”

"Women are already the most dynamic and fastest-growing economic force in the world today.Read full article here from The Daily Beast.

So what steps is your business taking to embrace these philosophies - in the UK? Are you members of the 30% Club? Do you have selection criteria for progression to leadership roles that make it workable for women as well as men? What is your attitude to this latest debate?

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