Devex Executive Review - Spring 2016

12
Devex Executive Review Spring 2016 Exclusive to Devex Executive Members Power with Purpose 5 women changing the world Also in this issue: How women's leadership boosts the economy and society Global development hiring trends in 2016

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The Development Executive Review is exclusive to Devex Executive Members — global development leaders who are innovating and shaping the business of development and working hard toward a singular mission: to make the world a better place. To become an Executive Member, go to devex.com/executive.

Transcript of Devex Executive Review - Spring 2016

Page 1: Devex Executive Review - Spring 2016

Devex Executive ReviewSpring 2016

Exclusive to Devex Executive Members

Power with Purpose5 women changing the world

Also in this issue:

How women's leadership boosts the economy and society

Global development hiringtrends in 2016

Page 2: Devex Executive Review - Spring 2016

Impossible is just an attitudeRaj Kumar, president & editor-in-chief of Devex

and Save the Children among them — have women at the helm. Several corporate foundations, including Pfizer, Intel and Google, are led by women. And to help show what’s possible and inspire all of us — men and women — to invest more in women leaders, Devex recently honored the five women you see gracing this cover as part of our inaugural Power with Purpose initiative. Developed in partnership with McKinsey, our reporters and editors all around the world selected five women who we believe exemplify both real power and also a driving purpose to change the world for the better. (Read more about them in this issue of the Devex Executive Review and check out their surprising video presentations on the Power with Purpose website.)

Their stories are powerful in every sense of the word and we hope they help inspire a conversation inside every development organization. How are we doing when it comes to fostering women leaders? Have we truly prioritized this e�ort? These are questions we are asking

ourselves at Devex and that we will be continually asking about our community moving forward.

In a moment when the opportunity exists for women to participate in their society and economy like never before, I hope you’ll join us at Devex in taking a moment to consider what lessons the stories of these five truly extraordinary women hold for us all. And, in the words of one of our honorees, remember that what may seem possible or impossible is really just a matter of perspective.

Imagine two snapshots next to each other. One, the presi-dents of every multilateral development bank plus several ministers of finance and U.N. leaders arrayed on stage in suits-and-ties during the World Bank spring meetings. All 16, save the

excellent moderator, are men. Now, picture some of the most powerful leaders in global development hugging and high-fiving at a private dinner in London. All five are women. I witnessed both scenes in the space of a week in April and they reinforce for me that now is a moment in time and perhaps even a turning point for our community. Here’s why:

Look at the biggest gaps to reach the global goals and the reality is that women and girls lie at the heart of the challenge. The global development community has been

leading the charge on this, making the case that a gender lens is the key to every issue, from nutrition to economic growth. But rarely do we point the camera back on ourselves. If our community is tasked with ending extreme poverty in the next 15 years, do we really think we can do it without women leading the charge?

When we do look in the mirror, we may not like what we see. Devex reporting has shown that women remain un-derrepresented in executive and board positions, with one study finding just 16 percent of large NGOs were headed by a woman as recently as 2009. And Lynn Taliento of McKinsey points out that at the present pace of progress, it will be 100 years before large U.S. corporations reach gender parity in their senior ranks.

There are also many bright spots and no shortage of incredible talent. All five major foreign aid agencies in the United Kingdom and the United States are headed by women. Some of the biggest NGOs in the world — Oxfam

The Development Executive Review is exclusive to Devex Executive Members — global development leaders who are innovating and shaping the business of development and working hard toward a singular mission: to make the world a better place.

To become an Executive Member, go to www.devex.com/executive-members.

About Devex

Devex is the media platform for the global development community. As a social enter-prise, we connect and inform development, health, humanitarian and sustainability professionals through news, business intelligence and funding & career opportunities so you can do more good for more people.

Learn more at about.devex.comDevex: Washington, DC | Barcelona | Manila | Tokyo

Quotables

“Gender equality has been a buzz phrase in the development community for years now, but...we still need concerted e�orts to include women’s priorities and solutions to the most pressing development challenges.”- Patricia T. Morris,

President, Women Thrive Worldwide

“Gender equality has been a buzz phrase in the development community for years now, but...we still need concerted e�orts to include women’s priorities and solutions to the most pressing development challenges.”- Patricia T. Morris,

President, Women Thrive Worldwide

“This is about translating the SDGs into good policies and making sure the policies are...-gender sensitive and specific and could enhance gender equality.”- Massimo Tommasoli,

International IDEA’s permanent observer to the UN

“Women’s participation in the economy is essential for sustain-able development and economic growth and is intrinsically linked to the global goal of eradicating poverty.”- Neven Mimica,

EU Commissioner for International Cooperation and Development

"We still need to constantly rea¡rm that women’s equality and political participation are essential to peace and security, sustainable development and global stability."- Simone Filippini,

CEO of Cordaid

Page 3: Devex Executive Review - Spring 2016

Impossible is just an attitudeRaj Kumar, president & editor-in-chief of Devex

and Save the Children among them — have women at the helm. Several corporate foundations, including Pfizer, Intel and Google, are led by women. And to help show what’s possible and inspire all of us — men and women — to invest more in women leaders, Devex recently honored the five women you see gracing this cover as part of our inaugural Power with Purpose initiative. Developed in partnership with McKinsey, our reporters and editors all around the world selected five women who we believe exemplify both real power and also a driving purpose to change the world for the better. (Read more about them in this issue of the Devex Executive Review and check out their surprising video presentations on the Power with Purpose website.)

Their stories are powerful in every sense of the word and we hope they help inspire a conversation inside every development organization. How are we doing when it comes to fostering women leaders? Have we truly prioritized this e�ort? These are questions we are asking

ourselves at Devex and that we will be continually asking about our community moving forward.

In a moment when the opportunity exists for women to participate in their society and economy like never before, I hope you’ll join us at Devex in taking a moment to consider what lessons the stories of these five truly extraordinary women hold for us all. And, in the words of one of our honorees, remember that what may seem possible or impossible is really just a matter of perspective.

Imagine two snapshots next to each other. One, the presi-dents of every multilateral development bank plus several ministers of finance and U.N. leaders arrayed on stage in suits-and-ties during the World Bank spring meetings. All 16, save the

excellent moderator, are men. Now, picture some of the most powerful leaders in global development hugging and high-fiving at a private dinner in London. All five are women. I witnessed both scenes in the space of a week in April and they reinforce for me that now is a moment in time and perhaps even a turning point for our community. Here’s why:

Look at the biggest gaps to reach the global goals and the reality is that women and girls lie at the heart of the challenge. The global development community has been

leading the charge on this, making the case that a gender lens is the key to every issue, from nutrition to economic growth. But rarely do we point the camera back on ourselves. If our community is tasked with ending extreme poverty in the next 15 years, do we really think we can do it without women leading the charge?

When we do look in the mirror, we may not like what we see. Devex reporting has shown that women remain un-derrepresented in executive and board positions, with one study finding just 16 percent of large NGOs were headed by a woman as recently as 2009. And Lynn Taliento of McKinsey points out that at the present pace of progress, it will be 100 years before large U.S. corporations reach gender parity in their senior ranks.

There are also many bright spots and no shortage of incredible talent. All five major foreign aid agencies in the United Kingdom and the United States are headed by women. Some of the biggest NGOs in the world — Oxfam

The Development Executive Review is exclusive to Devex Executive Members — global development leaders who are innovating and shaping the business of development and working hard toward a singular mission: to make the world a better place.

To become an Executive Member, go to www.devex.com/executive-members.

About Devex

Devex is the media platform for the global development community. As a social enter-prise, we connect and inform development, health, humanitarian and sustainability professionals through news, business intelligence and funding & career opportunities so you can do more good for more people.

Learn more at about.devex.comDevex: Washington, DC | Barcelona | Manila | Tokyo

Quotables

“Gender equality has been a buzz phrase in the development community for years now, but...we still need concerted e�orts to include women’s priorities and solutions to the most pressing development challenges.”- Patricia T. Morris,

President, Women Thrive Worldwide

“Gender equality has been a buzz phrase in the development community for years now, but...we still need concerted e�orts to include women’s priorities and solutions to the most pressing development challenges.”- Patricia T. Morris,

President, Women Thrive Worldwide

“This is about translating the SDGs into good policies and making sure the policies are...-gender sensitive and specific and could enhance gender equality.”- Massimo Tommasoli,

International IDEA’s permanent observer to the UN

“Women’s participation in the economy is essential for sustain-able development and economic growth and is intrinsically linked to the global goal of eradicating poverty.”- Neven Mimica,

EU Commissioner for International Cooperation and Development

"We still need to constantly rea¡rm that women’s equality and political participation are essential to peace and security, sustainable development and global stability."- Simone Filippini,

CEO of Cordaid

Page 4: Devex Executive Review - Spring 2016

13

In his farewell State of the Union address, Obama (above) highlights global development Nearly a month later, he requests $54.1B as U.S. foreign aid budget in fiscal 2017 24

Formed: A 'unique partnership' to modernize Dutch emergency aidThe Dutch Coalition for Humanitarian Innovation, an initiative of Minister for Foreign Trade and Development Cooperation Lilianne Ploumen (above), brings together corporations, relief groups and knowledge institutions

28

MCC suspends partnership with TanzaniaThe corporation ends activities to develop a second compact over concerns about the country's democratic inclusivity (above: MCC CEO Dana Hyde)

22

Devex and other leading media outlets commit to champion women's rights The compact forms part of the Step It Up for Gender Equality initiative of U.N. Women (above: U.N. Women Executive Director Phumzile Mlambo-Ngcuka)

16

UK commits less funds for aid The 2019-2020 development spending amounts to $23.4B, nearly $1B lower than expected levels. (Above: U.K. Secretary of State for International Development Justine Greening)

22

Leaked UN audit notes serious lapses related to alleged bribery scheme The scandal involves former General Assembly President John Ashe, who is under investigation for supposedly accepting $1.3M in bribes from Chinese businessmen to promote their interests within the global body (above: John Ashe, president of the General Assembly’s 68th session)

17

China o�cially launches AIIBChinese President Xi Jinping says the bank will invest in "high-quality, low-cost" projects

11

Green Climate Fund awards accreditation to 13 agenciesThe African Development Bank, International Union for Conservation of Nature and World Food Program join the roster (above: GCF Executive Director Hela Cheikhrouhou)

Devex TimelineHighlights from our development news coverage

04

Syria donor conference yields nearly $11B

24

In Doha, pledging conference ends with $223M for those a¤ected by the Yemen humanitarian crisis

04

South Korea announces $2B development aid for 2016

20-23

World leaders meet in Davos to explore the ‘Fourth Industrial Revolution’The annual World Economic Forum looks at how innovations can help solve global concerns such as climate change and public health

02

European Commission proposes $800M humanitarian fund for refugees in Europe

29

WHO declares: Ebola is no longer a public health threat

January

09

Global Innovation Fund unveils inaugural investmentsMore than £3M go to eight organizations

11

In South Sudan, a contentious NGO bill becomes lawThe new measure tightens government monitoring of humanitarian organizations

February

25

Global malaria response wins $4.3B fundingThe joint five-year commitment of the U.K. and the Bill & Melinda Gates Foundation aims to help bring down related deaths by 90 percent by 2030

27

IRD overhauls brandThe U.S. nonprofit creates Blumont, which will eventually succeed IRD once current contracts run out

11

SDG indicators get the thumbs upThe framework, approved by the U.N. Statistical Commission, includes 230 global indicators to measure progress of the 17 goals

28

USAID rolls out Power Africa road mapThe initiative seeks to achieve 60M connections across sub-Saharan Africa by 2030

March

01

Zika becomes a global health emergencyThe World Bank later pledges $150M for the response, thrice what WHO asks for (above: WHO Director-General Margaret Chan)

15

The European Medical Corps is bornThe aim is to hasten response to emergencies inside and outside the EU (above: Christos Stylianides, European commissioner for humanitarian aid and crisis management)

19

OECD-DAC redefines o�cial development assistanceThe new ODA guidelines incentivize donors to use non-grant financial instruments to encourage private sector development in least developed countries (above: DAC Chair Erik Solheim)

29

Survey: Positive view of EU development cooperation continuesNearly 9 in 10 Europeans say helping the developing world is important, according to Eurobarometer (above: Neven Mimica, European commissioner for international cooperation and development)

22

Bill and Melinda Gates' annual letter tackles energy and time povertyThe couple asks the public to "find an issue you're passionate about and learn more"

Page 5: Devex Executive Review - Spring 2016

13

In his farewell State of the Union address, Obama (above) highlights global development Nearly a month later, he requests $54.1B as U.S. foreign aid budget in fiscal 2017 24

Formed: A 'unique partnership' to modernize Dutch emergency aidThe Dutch Coalition for Humanitarian Innovation, an initiative of Minister for Foreign Trade and Development Cooperation Lilianne Ploumen (above), brings together corporations, relief groups and knowledge institutions

28

MCC suspends partnership with TanzaniaThe corporation ends activities to develop a second compact over concerns about the country's democratic inclusivity (above: MCC CEO Dana Hyde)

22

Devex and other leading media outlets commit to champion women's rights The compact forms part of the Step It Up for Gender Equality initiative of U.N. Women (above: U.N. Women Executive Director Phumzile Mlambo-Ngcuka)

16

UK commits less funds for aid The 2019-2020 development spending amounts to $23.4B, nearly $1B lower than expected levels. (Above: U.K. Secretary of State for International Development Justine Greening)

22

Leaked UN audit notes serious lapses related to alleged bribery scheme The scandal involves former General Assembly President John Ashe, who is under investigation for supposedly accepting $1.3M in bribes from Chinese businessmen to promote their interests within the global body (above: John Ashe, president of the General Assembly’s 68th session)

17

China o�cially launches AIIBChinese President Xi Jinping says the bank will invest in "high-quality, low-cost" projects

11

Green Climate Fund awards accreditation to 13 agenciesThe African Development Bank, International Union for Conservation of Nature and World Food Program join the roster (above: GCF Executive Director Hela Cheikhrouhou)

Devex TimelineHighlights from our development news coverage

04

Syria donor conference yields nearly $11B

24

In Doha, pledging conference ends with $223M for those a¤ected by the Yemen humanitarian crisis

04

South Korea announces $2B development aid for 2016

20-23

World leaders meet in Davos to explore the ‘Fourth Industrial Revolution’The annual World Economic Forum looks at how innovations can help solve global concerns such as climate change and public health

02

European Commission proposes $800M humanitarian fund for refugees in Europe

29

WHO declares: Ebola is no longer a public health threat

January

09

Global Innovation Fund unveils inaugural investmentsMore than £3M go to eight organizations

11

In South Sudan, a contentious NGO bill becomes lawThe new measure tightens government monitoring of humanitarian organizations

February

25

Global malaria response wins $4.3B fundingThe joint five-year commitment of the U.K. and the Bill & Melinda Gates Foundation aims to help bring down related deaths by 90 percent by 2030

27

IRD overhauls brandThe U.S. nonprofit creates Blumont, which will eventually succeed IRD once current contracts run out

11

SDG indicators get the thumbs upThe framework, approved by the U.N. Statistical Commission, includes 230 global indicators to measure progress of the 17 goals

28

USAID rolls out Power Africa road mapThe initiative seeks to achieve 60M connections across sub-Saharan Africa by 2030

March

01

Zika becomes a global health emergencyThe World Bank later pledges $150M for the response, thrice what WHO asks for (above: WHO Director-General Margaret Chan)

15

The European Medical Corps is bornThe aim is to hasten response to emergencies inside and outside the EU (above: Christos Stylianides, European commissioner for humanitarian aid and crisis management)

19

OECD-DAC redefines o�cial development assistanceThe new ODA guidelines incentivize donors to use non-grant financial instruments to encourage private sector development in least developed countries (above: DAC Chair Erik Solheim)

29

Survey: Positive view of EU development cooperation continuesNearly 9 in 10 Europeans say helping the developing world is important, according to Eurobarometer (above: Neven Mimica, European commissioner for international cooperation and development)

22

Bill and Melinda Gates' annual letter tackles energy and time povertyThe couple asks the public to "find an issue you're passionate about and learn more"

Page 6: Devex Executive Review - Spring 2016

Take a close look at the world's most pressing problems and you'll find women tackling them. It's this reality that has led Devex in partnership with McKinsey & Company to launch a leadership recognition for the most influential women in our community. Think social entrepreneurs, heads of foundations and aid agencies, corporate sustainability pioneers, public figures and elected o�cials. These women are at the forefront of creating the change our world desperately needs.

Power with Purpose5 powerful women. 5 stories of purpose.5 leaders changing the world.

CHRISTIANA FIGUERESTHE CLIMATE CHAMPION

It was Christiana’s unique brand of collaborative diplomacy that brought 195 nations together last December to sign the first legally binding agreement halting the rise of global temperatures. The road to the historic Paris climate conference was a six-year race to deliver a workable agreement and rally international support, a marathon achievement even for this distance runner. While this Costa Rican diplomat's e�orts will have lasting global impact on generations to come, among the beneficiaries in the natural world will be the moth and wasp species recently named in her honor.

Executive Secretary, UN Framework Convention on Climate Change

ELENI GABRE-MADHINTHE MARKET CREATOR

How do you help millions of farmers in a nation prone to food crises? If you’re Eleni, you empower them with real-time market data, electronic receipts and next-day payment clear-ing. Her creation, the Ethiopia Commodity Exchange, is now hailed as an innovative and successful international model. By linking to the global economy, Ethiopian farmers get a fair price for their crops and incentives to increase productivity. Now this Stanford-trained economist is looking to replicate her success, bringing commodity exchanges throughout the developing world.

Founder, Ethiopia Commodity Exchange

KRISTALINA GEORGIEVATHE GLOBAL HUMANITARIAN

A political cartoon once portrayed Kristalina as a superhero for her energetic e�orts in Haiti, the Central African Republic and Pakistan. And when you consider her sunny embrace of some of the world’s toughest jobs — from top World Bank o�cial to head of the European Union's humanitarian agency — it’s easy to see why she has indeed achieved “super-woman” status. Now in charge of the EU budget, she’s been lauded for steering relief funds — and providing much needed leadership — amid an escalating refugee crisis and global fragility.

Vice President, European Commission

FAYEEZA NAQVIENTERPRISING PHILANTHROPIST

It used to be that if you called for an ambulance in Karachi, Pakistan, one of the world’s biggest cities, you were picked up in a transport vehicle with untrained sta� and little or no lifesaving equipment. All that changed with the introduction of Aman Ambulance, just one of the many health innovations created by Aman Foundation, a private philanthropic trust founded by Fayeeza and her husband. Its mission: “to champion dignity and choice for the underserved” through programs that improve hygiene, education, nutrition and target preventable disease.

Co-founder and Chairman, Aman Foundation

NGOZI OKONJO-IWEALATHE REFORM ECONOMIST

“There is a will to fight,” Ngozi has said about Africans' impatience with government, corruption and waste. And this economist is noth-ing if not a fighter. She rolled up her sleeves in Nigeria’s notoriously rough-and-tumble politics, aggressively tackling cronyism, increasing transparency and fostering investment as Nigeria’s finance minister. Before overseeing Africa’s largest economy, she managed an $81 billion operational portfolio for the World Bank. Now Ngozi looks to a new fight: providing life-saving vaccines for the over 19 million children still in need each year, as chair-elect of the board of Gavi, the Vaccine Alliance.

Former Minister of Finance, Nigeria

Page 7: Devex Executive Review - Spring 2016

Take a close look at the world's most pressing problems and you'll find women tackling them. It's this reality that has led Devex in partnership with McKinsey & Company to launch a leadership recognition for the most influential women in our community. Think social entrepreneurs, heads of foundations and aid agencies, corporate sustainability pioneers, public figures and elected o�cials. These women are at the forefront of creating the change our world desperately needs.

Power with Purpose5 powerful women. 5 stories of purpose.5 leaders changing the world.

CHRISTIANA FIGUERESTHE CLIMATE CHAMPION

It was Christiana’s unique brand of collaborative diplomacy that brought 195 nations together last December to sign the first legally binding agreement halting the rise of global temperatures. The road to the historic Paris climate conference was a six-year race to deliver a workable agreement and rally international support, a marathon achievement even for this distance runner. While this Costa Rican diplomat's e�orts will have lasting global impact on generations to come, among the beneficiaries in the natural world will be the moth and wasp species recently named in her honor.

Executive Secretary, UN Framework Convention on Climate Change

ELENI GABRE-MADHINTHE MARKET CREATOR

How do you help millions of farmers in a nation prone to food crises? If you’re Eleni, you empower them with real-time market data, electronic receipts and next-day payment clear-ing. Her creation, the Ethiopia Commodity Exchange, is now hailed as an innovative and successful international model. By linking to the global economy, Ethiopian farmers get a fair price for their crops and incentives to increase productivity. Now this Stanford-trained economist is looking to replicate her success, bringing commodity exchanges throughout the developing world.

Founder, Ethiopia Commodity Exchange

KRISTALINA GEORGIEVATHE GLOBAL HUMANITARIAN

A political cartoon once portrayed Kristalina as a superhero for her energetic e�orts in Haiti, the Central African Republic and Pakistan. And when you consider her sunny embrace of some of the world’s toughest jobs — from top World Bank o�cial to head of the European Union's humanitarian agency — it’s easy to see why she has indeed achieved “super-woman” status. Now in charge of the EU budget, she’s been lauded for steering relief funds — and providing much needed leadership — amid an escalating refugee crisis and global fragility.

Vice President, European Commission

FAYEEZA NAQVIENTERPRISING PHILANTHROPIST

It used to be that if you called for an ambulance in Karachi, Pakistan, one of the world’s biggest cities, you were picked up in a transport vehicle with untrained sta� and little or no lifesaving equipment. All that changed with the introduction of Aman Ambulance, just one of the many health innovations created by Aman Foundation, a private philanthropic trust founded by Fayeeza and her husband. Its mission: “to champion dignity and choice for the underserved” through programs that improve hygiene, education, nutrition and target preventable disease.

Co-founder and Chairman, Aman Foundation

NGOZI OKONJO-IWEALATHE REFORM ECONOMIST

“There is a will to fight,” Ngozi has said about Africans' impatience with government, corruption and waste. And this economist is noth-ing if not a fighter. She rolled up her sleeves in Nigeria’s notoriously rough-and-tumble politics, aggressively tackling cronyism, increasing transparency and fostering investment as Nigeria’s finance minister. Before overseeing Africa’s largest economy, she managed an $81 billion operational portfolio for the World Bank. Now Ngozi looks to a new fight: providing life-saving vaccines for the over 19 million children still in need each year, as chair-elect of the board of Gavi, the Vaccine Alliance.

Former Minister of Finance, Nigeria

Page 8: Devex Executive Review - Spring 2016

The economic and business case for gender equality is now overwhelming. Evidence is mounting that having more women in the boardroom and senior

management positions is positive for the bottom line and for society.

How women's leadership booststhe economy and societyBy Lynn Taliento, Anu Madgavkar

While there has been progress toward increased educational opportunities and greater participation in the labor force for women, they remain underrepresented at the top of companies around the world. And it’s not just in business that women are not rising to the top — the same is true in the nonprofit sector and in politics.

In 2012, most Asian countries had fewer than 10 percent female representation on executive committees and saw women making up fewer than 5 percent of CEOs, losing the majority of women in the mid-to-senior management level. In 2015, 45 percent of entry-level jobs in the United States were occupied by women, but women held only 17 percent of C-suite jobs.

In the nonprofit sector, women hold only 21 percent of leadership roles in organizations with budgets in excess of $25 million despite making up 75 percent of their workforces.

Globally, there are 22 women in ministerial and parliamentary roles for every 100 men. Even in developed economies — and democracies — such as the United Kingdom and the United States, there are only 24 and 34 women to every 100 men, respectively, in these top government roles.

The economic and social benefits of narrowing the gender gaps are clear. If women were to participate in the world of work identically to men, an additional $28 trillion, or 26 percent of incremental global GDP, could be achieved in 2025. That’s roughly the combined size of the economies of the United States and China today.

Gender diversity has been shown to increase an organization’s performance as well as improve morale, recruiting and external image. McKinsey’s Women Matter research has found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above the average in their national industry.

The lack of women in positions of political power has a cost for society, too, because women often have di�erent priorities and can be more e�ective where it matters. For instance, one cross-country study found that greater representation of women in parliaments led to higher expenditure on education

as a share of GDP. In India, women’s leadership in local politics has been found to reduce corruption. And in the social sector, research has shown that nonprofits with women in leadership positions are more successful in realizing their mission and reaching their goals.

Deeply-rooted attitudes stand in women’s way. We analyzed data from the World Values Survey and found a strong link between attitudes that limit women’s potential and actual gender equality outcomes in a given region. For instance, the survey asks respondents, both men and women, whether they agree with the following statement, “When a mother works for pay, her children su�er.” We examined the responses against outcomes related to women in leadership positions and found strong negative correlations. This was true not only in developing countries, but in developed countries as well. More than half the respondents in South Asia and the Middle East and North Africa agreed with this statement — but so did 29 percent of respondents in nine developed countries.

A view that it is more di¡cult for women to balance family life and a top-level career persists. Across countries, the “double burden” of balancing work and domestic life was the barrier cited most often in our Women Matter research — by 45 percent of respondents in Asia-Pacific, 34 percent in Europe and 31 percent in North America.

Tackling women’s underrepresentation needs to take place on many levels. In companies, the CEO needs to drive change from the top. Every company should consider policies that do not penalize flexibility and part-time work arrangements and that promote options for telecommuting, provide adequate paternity and maternity family leave, plan for onsite child-care provision for employees, address unconscious biases and revamp the 24/7 culture that especially harms women.

Even as other gender gaps have narrowed, women struggle to close the gap with men on taking the roles that lead and shape the world. Until that gap is closed, women cannot meet their full potential — and the world will be poorer as a result.

There is undoubtedly work to be done to achieve greater gender diversity at the senior and board level of NGOs. Current NGO leaders have an important role to play to

a�ect change, but there are strategies that women can use to advance their own careers.

3 ways women in development canbreak the glass ceilingBy Lisa Cornish

To make 2016 the most successful year to date for women in development, Devex spoke to development and career experts for their best tips to build confidence and career opportunities.

1. Build confidence and become a powerful presence.Self-confidence and feeling good about yourself will always translate within the workplace.

“Whatever it is that makes you feel great by 8 a.m., do it,” Clarke said. “If that’s hitting the treadmill, engaging in some flirty banter with your barista, getting your hair blow-dried or listening to a TED talk — then do it. If you’re not feeling great about yourself, you won’t deliver and you may start believing those who don’t believe in you.”

Being a compelling communicator will draw positive attention to you and your work, with three important factors to success: voice, powerful language and body language. Understanding your pitch, pace, tone and volume will lead to clearer and more confident speaking.

“Have you ever caught yourself out using language that plays down your capacity in meetings, such as ‘This isn’t my area of expertise, but maybe we should consider this option?’” Clarke asked. “This is one of four language patterns that we unconsciously use, which all undermine our true ability. Don’t disqualify yourself from an opportunity by using self-di-

minishing qualifiers. Try not to say ‘sorry’ for no reason. Avoid delivering statements as questions and why sound tentative about having an opinion when it’s part of your role.”

2. Diversify experience and seek out opportunities.Feeling confident in oneself will also increase with diversity in experience and new opportunities to expand the range of skills and experience you can bring to the role.

“You need to start thinking early in your career about what skills and experience you may need or want to build your range,” Franks said. “Plan ahead for your next role and look for opportunities that are going to challenge you.”

Training, be it single day o�erings, monthlong classroom training or online courses, provides a range of opportunities for women to enhance opportunities, but especially to gain personal confidence in their skills and capabilities.

Franks advised women working in development to seek exter-nal training opportunities if your organization is not providing adequate internal training opportunities. “There are a lot more scholarships around than there used to be,” she said. “Apply for them now and keep applying until you can get that funding. There is real value in formal education.”

3. Take a risk.There is no reward without risk, and risk can simply be step-ping out of your comfort zone to discuss issues in the work-place, apply for a new role or seek new skills and capabilities that will build confidence and career opportunities.

“I think sometimes women need the confidence just to give it a go,” Franks said. “It may not work, but what do you lose? By giving it a go, you learn a lot.”

And remember, NGOs will also improve with a more confident and capable workforce. Taking a risk and understanding your worth will improve development outcomes.

This article is an excerpt from "6 ways women in develop-ment can break the glass ceiling." Go to Devex.com to read the full article.

Page 9: Devex Executive Review - Spring 2016

The economic and business case for gender equality is now overwhelming. Evidence is mounting that having more women in the boardroom and senior

management positions is positive for the bottom line and for society.

How women's leadership booststhe economy and societyBy Lynn Taliento, Anu Madgavkar

While there has been progress toward increased educational opportunities and greater participation in the labor force for women, they remain underrepresented at the top of companies around the world. And it’s not just in business that women are not rising to the top — the same is true in the nonprofit sector and in politics.

In 2012, most Asian countries had fewer than 10 percent female representation on executive committees and saw women making up fewer than 5 percent of CEOs, losing the majority of women in the mid-to-senior management level. In 2015, 45 percent of entry-level jobs in the United States were occupied by women, but women held only 17 percent of C-suite jobs.

In the nonprofit sector, women hold only 21 percent of leadership roles in organizations with budgets in excess of $25 million despite making up 75 percent of their workforces.

Globally, there are 22 women in ministerial and parliamentary roles for every 100 men. Even in developed economies — and democracies — such as the United Kingdom and the United States, there are only 24 and 34 women to every 100 men, respectively, in these top government roles.

The economic and social benefits of narrowing the gender gaps are clear. If women were to participate in the world of work identically to men, an additional $28 trillion, or 26 percent of incremental global GDP, could be achieved in 2025. That’s roughly the combined size of the economies of the United States and China today.

Gender diversity has been shown to increase an organization’s performance as well as improve morale, recruiting and external image. McKinsey’s Women Matter research has found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above the average in their national industry.

The lack of women in positions of political power has a cost for society, too, because women often have di�erent priorities and can be more e�ective where it matters. For instance, one cross-country study found that greater representation of women in parliaments led to higher expenditure on education

as a share of GDP. In India, women’s leadership in local politics has been found to reduce corruption. And in the social sector, research has shown that nonprofits with women in leadership positions are more successful in realizing their mission and reaching their goals.

Deeply-rooted attitudes stand in women’s way. We analyzed data from the World Values Survey and found a strong link between attitudes that limit women’s potential and actual gender equality outcomes in a given region. For instance, the survey asks respondents, both men and women, whether they agree with the following statement, “When a mother works for pay, her children su�er.” We examined the responses against outcomes related to women in leadership positions and found strong negative correlations. This was true not only in developing countries, but in developed countries as well. More than half the respondents in South Asia and the Middle East and North Africa agreed with this statement — but so did 29 percent of respondents in nine developed countries.

A view that it is more di¡cult for women to balance family life and a top-level career persists. Across countries, the “double burden” of balancing work and domestic life was the barrier cited most often in our Women Matter research — by 45 percent of respondents in Asia-Pacific, 34 percent in Europe and 31 percent in North America.

Tackling women’s underrepresentation needs to take place on many levels. In companies, the CEO needs to drive change from the top. Every company should consider policies that do not penalize flexibility and part-time work arrangements and that promote options for telecommuting, provide adequate paternity and maternity family leave, plan for onsite child-care provision for employees, address unconscious biases and revamp the 24/7 culture that especially harms women.

Even as other gender gaps have narrowed, women struggle to close the gap with men on taking the roles that lead and shape the world. Until that gap is closed, women cannot meet their full potential — and the world will be poorer as a result.

There is undoubtedly work to be done to achieve greater gender diversity at the senior and board level of NGOs. Current NGO leaders have an important role to play to

a�ect change, but there are strategies that women can use to advance their own careers.

3 ways women in development canbreak the glass ceilingBy Lisa Cornish

To make 2016 the most successful year to date for women in development, Devex spoke to development and career experts for their best tips to build confidence and career opportunities.

1. Build confidence and become a powerful presence.Self-confidence and feeling good about yourself will always translate within the workplace.

“Whatever it is that makes you feel great by 8 a.m., do it,” Clarke said. “If that’s hitting the treadmill, engaging in some flirty banter with your barista, getting your hair blow-dried or listening to a TED talk — then do it. If you’re not feeling great about yourself, you won’t deliver and you may start believing those who don’t believe in you.”

Being a compelling communicator will draw positive attention to you and your work, with three important factors to success: voice, powerful language and body language. Understanding your pitch, pace, tone and volume will lead to clearer and more confident speaking.

“Have you ever caught yourself out using language that plays down your capacity in meetings, such as ‘This isn’t my area of expertise, but maybe we should consider this option?’” Clarke asked. “This is one of four language patterns that we unconsciously use, which all undermine our true ability. Don’t disqualify yourself from an opportunity by using self-di-

minishing qualifiers. Try not to say ‘sorry’ for no reason. Avoid delivering statements as questions and why sound tentative about having an opinion when it’s part of your role.”

2. Diversify experience and seek out opportunities.Feeling confident in oneself will also increase with diversity in experience and new opportunities to expand the range of skills and experience you can bring to the role.

“You need to start thinking early in your career about what skills and experience you may need or want to build your range,” Franks said. “Plan ahead for your next role and look for opportunities that are going to challenge you.”

Training, be it single day o�erings, monthlong classroom training or online courses, provides a range of opportunities for women to enhance opportunities, but especially to gain personal confidence in their skills and capabilities.

Franks advised women working in development to seek exter-nal training opportunities if your organization is not providing adequate internal training opportunities. “There are a lot more scholarships around than there used to be,” she said. “Apply for them now and keep applying until you can get that funding. There is real value in formal education.”

3. Take a risk.There is no reward without risk, and risk can simply be step-ping out of your comfort zone to discuss issues in the work-place, apply for a new role or seek new skills and capabilities that will build confidence and career opportunities.

“I think sometimes women need the confidence just to give it a go,” Franks said. “It may not work, but what do you lose? By giving it a go, you learn a lot.”

And remember, NGOs will also improve with a more confident and capable workforce. Taking a risk and understanding your worth will improve development outcomes.

This article is an excerpt from "6 ways women in develop-ment can break the glass ceiling." Go to Devex.com to read the full article.

Page 10: Devex Executive Review - Spring 2016

Photo credits: Raj Kumar, Kate Warren: Devex; Lynn Taliento, Anu Madgavkar: McKinsey Global Institute; Barack Obama: United States Government; Bill and Melinda Gates: Steve Jurvetson; Christine Lagarde: World Economic Forum; Christos Stylianides: European Union; Dana Hyde: Jakob Polacsek / World Economic Forum; Erik Solheim: Julien Daniel / OECD; Gayle Smith: USAID; Hela Cheikhrouhou: Mark Garten / United Nations; Justine Greening: Simon Davis / DFID; Lilianne Ploumen: Dutch Government; Margaret Chan: Chatham House; Neven Mimica: European Union; Phumzile Mlambo-Ngcuka: Marco Grob / UN Women

Share this publication, keep it as a reference or recycle it knowing that Devex supports sustainable forestry.

Here are a few trends to be aware of as you think about your recruitment and people strategy this year.

1. Hiring in these countries? Prepare for competition.

Of the recruiters surveyed, 47 percent said international hires were the most di�cult and 36 percent reported that local hires proved the most challenging. Afghanistan, Bangladesh, Democratic Republic of Congo, and Iraq all ranked in the top five most challenging countries for attracting both international and local candidates. Ethiopia also made it into the top 5 most challenging places to recruit international hires and Burma ranked as the second most challeng-ing country for local hiring.

It’s no surprise that many of these countries are in conflict areas where safety concerns and familial obligations make these posts a harder sell. If you are hiring for these locations, competitive salaries and a robust focus on security will help you in the fight for talent.

2. Speaking of salaries.

Sixty-three percent of respondents expect salaries for local hires to increase this year. Forty percent believe interna-tional hires’ salaries will increase and 55 percent think they will stay about the same. If you aren’t sure if your salaries are stacking up against your peer organizations, consider a salary analysis and follow compensation trends coverage on Devex.

3. Recruiting is often not an HR function.

While 45 percent of respondents said that their recruitment team fell under human resources at their organization, 44 percent reported that recruiting happens in either business development (23 percent) or program units (21 percent) instead.

While there are pros and cons to each strategy, if you are considering where to house your recruitment function there are many viable models to choose from. Consider where most of your hiring happens: in the home o�ce, at the project level or for proposals, when aligning recruitment with other functions.

4. Looking for MBA’s? You aren’t alone.

For the second year in a row, a master’s in business administration ranked second as the most in-demand graduate degree after a master’s in international development. As private sector and business-oriented approaches become more mainstream in development, many employers are looking for candidates who can bring this mindset to their organizations.

However, recruiting MBAs can require a di�erent strategy. Building up relationships with career and alumni centers at reputable MBA programs in your area will help your opportunities become better known among this group. You can also specifically seek out professionals with a MBA when searching for candidates on Devex.

To see the full results of the survey and what they may mean for your hiring this year, download the 2016 Recruiter Outlook guide on Devex.

Talent Outlook: Global development hiring trends in 2016By Kate Warren, senior director and editor for careers and recruiting, Devex

Recruiting Insight Executive AppointmentsChristine Lagarde will continue to head the International Monetary Fund following a vote by the fund’s executive board in February. Running unopposed, she had the support of the United Kingdom, Germany, China and France, her native country. Lagarde’s second five-year term as IMF managing director will start July 5.

In Beijing, the Asian Infrastructure Investment Bank has began its operations. It announced in February the appointments of five vice presidents: Danny Alexander (corporate secretary), Kyttack Hong (chief risk o�cer), D.J. Pandian (chief investment o�cer), Joachim von Amsberg (in charge of policy and strategy) and Luky Eko Wuryanto (chief administration o�cer).

Other key appointments from January to March 2016:

Amex International: Ricardo Michel, executive vice president

AfDB: Kevin Chika Uram, senior policy adviser on inclusive and green growth; Maria Mulindi, senior adviser on civil society and community-based organizations

Duke Center for International Development: Indermit Gill, director

European Commission's DG DEVCO: Klaus Rudischhauser, acting director-general

Global Health Strategies: Christy Feig, vice president

Global Communities: Nancy Roman, board of trustees

Humanitarian Leadership Academy: Jemilah Mahmood, chair

InsideNGO: Thomas Dente, president and CEO

InterAction: Lindsay Coates, president

JBS International Inc.: Jennifer Kasten, chief strategy o�cer

League of Arab States: Ahmed Aboul-Gheit, secretary-general

Millennium Challenge Corp.: Mike Johanns and Morton Halperin, members of the board of directors

Perkins International: Michael J. Delaney, executive director

Results for Development: Heather Luca, chief communications o�cer; Ryan Noll, chief people o�cer

UNICEF: Justin Forsyth, deputy executive director

United Nations: Jane Holl Lute, special coordinator on improving United Nations response to sexual exploitation and abuse; Karen AbuZayd, special adviser on the summit to address large movements of refugees and migrants

U.S. State Department: Jonathan Pershing, U.S. special envoy for climate change

Vulcan Inc.: Anthony Banbury, chief philanthropy o�cer

World Bank: Shaolin Yang, chief administrative o�cer and managing director; Joaquim Levy, chief financial o�cer and managing director

Earlier this year, Devex surveyed over 100 global development recruiters to find out where they see hiring trends headed this year. We asked them to weigh in on everything from where

they’re looking for talent and how localization plays a role, to the types of skills that will be most valuable to their organizations.

Page 11: Devex Executive Review - Spring 2016

Photo credits: Raj Kumar, Kate Warren: Devex; Lynn Taliento, Anu Madgavkar: McKinsey Global Institute; Barack Obama: United States Government; Bill and Melinda Gates: Steve Jurvetson; Christine Lagarde: World Economic Forum; Christos Stylianides: European Union; Dana Hyde: Jakob Polacsek / World Economic Forum; Erik Solheim: Julien Daniel / OECD; Gayle Smith: USAID; Hela Cheikhrouhou: Mark Garten / United Nations; Justine Greening: Simon Davis / DFID; Lilianne Ploumen: Dutch Government; Margaret Chan: Chatham House; Neven Mimica: European Union; Phumzile Mlambo-Ngcuka: Marco Grob / UN Women

Share this publication, keep it as a reference or recycle it knowing that Devex supports sustainable forestry.

Here are a few trends to be aware of as you think about your recruitment and people strategy this year.

1. Hiring in these countries? Prepare for competition.

Of the recruiters surveyed, 47 percent said international hires were the most di�cult and 36 percent reported that local hires proved the most challenging. Afghanistan, Bangladesh, Democratic Republic of Congo, and Iraq all ranked in the top five most challenging countries for attracting both international and local candidates. Ethiopia also made it into the top 5 most challenging places to recruit international hires and Burma ranked as the second most challeng-ing country for local hiring.

It’s no surprise that many of these countries are in conflict areas where safety concerns and familial obligations make these posts a harder sell. If you are hiring for these locations, competitive salaries and a robust focus on security will help you in the fight for talent.

2. Speaking of salaries.

Sixty-three percent of respondents expect salaries for local hires to increase this year. Forty percent believe interna-tional hires’ salaries will increase and 55 percent think they will stay about the same. If you aren’t sure if your salaries are stacking up against your peer organizations, consider a salary analysis and follow compensation trends coverage on Devex.

3. Recruiting is often not an HR function.

While 45 percent of respondents said that their recruitment team fell under human resources at their organization, 44 percent reported that recruiting happens in either business development (23 percent) or program units (21 percent) instead.

While there are pros and cons to each strategy, if you are considering where to house your recruitment function there are many viable models to choose from. Consider where most of your hiring happens: in the home o�ce, at the project level or for proposals, when aligning recruitment with other functions.

4. Looking for MBA’s? You aren’t alone.

For the second year in a row, a master’s in business administration ranked second as the most in-demand graduate degree after a master’s in international development. As private sector and business-oriented approaches become more mainstream in development, many employers are looking for candidates who can bring this mindset to their organizations.

However, recruiting MBAs can require a di�erent strategy. Building up relationships with career and alumni centers at reputable MBA programs in your area will help your opportunities become better known among this group. You can also specifically seek out professionals with a MBA when searching for candidates on Devex.

To see the full results of the survey and what they may mean for your hiring this year, download the 2016 Recruiter Outlook guide on Devex.

Talent Outlook: Global development hiring trends in 2016By Kate Warren, senior director and editor for careers and recruiting, Devex

Recruiting Insight Executive AppointmentsChristine Lagarde will continue to head the International Monetary Fund following a vote by the fund’s executive board in February. Running unopposed, she had the support of the United Kingdom, Germany, China and France, her native country. Lagarde’s second five-year term as IMF managing director will start July 5.

In Beijing, the Asian Infrastructure Investment Bank has began its operations. It announced in February the appointments of five vice presidents: Danny Alexander (corporate secretary), Kyttack Hong (chief risk o�cer), D.J. Pandian (chief investment o�cer), Joachim von Amsberg (in charge of policy and strategy) and Luky Eko Wuryanto (chief administration o�cer).

Other key appointments from January to March 2016:

Amex International: Ricardo Michel, executive vice president

AfDB: Kevin Chika Uram, senior policy adviser on inclusive and green growth; Maria Mulindi, senior adviser on civil society and community-based organizations

Duke Center for International Development: Indermit Gill, director

European Commission's DG DEVCO: Klaus Rudischhauser, acting director-general

Global Health Strategies: Christy Feig, vice president

Global Communities: Nancy Roman, board of trustees

Humanitarian Leadership Academy: Jemilah Mahmood, chair

InsideNGO: Thomas Dente, president and CEO

InterAction: Lindsay Coates, president

JBS International Inc.: Jennifer Kasten, chief strategy o�cer

League of Arab States: Ahmed Aboul-Gheit, secretary-general

Millennium Challenge Corp.: Mike Johanns and Morton Halperin, members of the board of directors

Perkins International: Michael J. Delaney, executive director

Results for Development: Heather Luca, chief communications o�cer; Ryan Noll, chief people o�cer

UNICEF: Justin Forsyth, deputy executive director

United Nations: Jane Holl Lute, special coordinator on improving United Nations response to sexual exploitation and abuse; Karen AbuZayd, special adviser on the summit to address large movements of refugees and migrants

U.S. State Department: Jonathan Pershing, U.S. special envoy for climate change

Vulcan Inc.: Anthony Banbury, chief philanthropy o�cer

World Bank: Shaolin Yang, chief administrative o�cer and managing director; Joaquim Levy, chief financial o�cer and managing director

Earlier this year, Devex surveyed over 100 global development recruiters to find out where they see hiring trends headed this year. We asked them to weigh in on everything from where

they’re looking for talent and how localization plays a role, to the types of skills that will be most valuable to their organizations.

Page 12: Devex Executive Review - Spring 2016

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