Mounira Jamjoom, a Senior Research Specialist at the Ideation Center, Booz & Company's Middle East think tank, held a "tweetchat" to discuss the results of the new Booz & Company report on women called The Third Billion. "Nearly 1 billion women are preparing to enter the workforce in the next decade", says Mounira, "and they will have a profound impact on global business. Who are these women, and why is their status important? What can businesses and governments do to economically equip them to succeed? These were some of the questions I had the privilege of exploring with several dozen amazing advocates of women’s empowerment. We gathered from around the globe to “tweet” about a common cause: how entrepreneurs, business leaders, and governments can work together to advance economic opportunities for women in the workplace."
"Booz & Company recently published a study that assesses how women can play a more significant part in their national economies; the study ranks 128 countries on their current performance. The Third Billion Index introduced in that report is unique in that it focuses specifically on women in the world of work and provides a mechanism to assess efforts invested by countries in the economic empowerment of their women. The index identifies a strong positive correlation between empowering women and improving nations. Organizing a TweetChat presented the perfect opportunity to engage in conversation about the study’s implications with groups and individuals around the world. We connected virtually for an hour in a TweetChat room dedicated to the “3rdBillion.” Our goal was to talk about issues faced by this group of women, termed “the third billion” because their economic impact will be just as significant as that of the billion-plus populations of China or India."
"Over the course of the conversation, it became clear that participants agreed a clear business case exists for economically empowering women. They also agreed that
significant work still remains to be done. The highest-priority recommendations of participants were changing cultural attitudes, implementing quotas to increase gender parity on boards, and creating strong public policy supporting economic empowerment for women. Other recommendations included offering more flexible working arrangements, providing support to female entrepreneurs, and supporting mentorship programs. Certainly, much progress needs to be made. The good news? There are clearly a lot of passionate, dynamic organizations that are willing to work together to effect that change. I was grateful to be able to chat with just a few of them."