Genpact, a global professional services and solutions firm, has joined the Catalyst CEO Champions for Change, an initiative aimed at promoting diversity and inclusion in the workplace. The initiative, launched by Catalyst, a global thought leader in women’s progress at work, has garnered the participation of over 80 CEOs from leading global companies.
Under this initiative, Genpact has made commitments to advance gender diversity and drive change within the organization. These commitments include accelerating the representation of women, particularly those from marginalized ethnic and racial groups, in executive positions, maintaining or increasing the representation of women on the board of directors, and strengthening the pipeline of women through internal diagnostics and leading practices.
By joining the Catalyst CEO Champions for Change movement, Genpact aims to achieve its vision of having women represent 50% of its employees at every level of the organization. The company will leverage data, technology, and AI to track progress and create a more inclusive environment for all.
Genpact has ongoing programs in place to support women in the workplace, including the Women’s Leadership Program, a cross-company mentorship program, a Women in Genpact network, and a Pay-it-Forward initiative.
This commitment to fostering a diverse and inclusive environment is part of Genpact’s broader efforts to shape the future through its professional services and solutions.
About Catalyst: Catalyst is a global nonprofit that drives change and promotes women’s advancement in the workplace through thought leadership, solutions, and collaboration with multinational corporations.
Source: PRNewswire
Genpact, a global professional services and solutions firm, operates in the professional services industry. This industry encompasses various organizations that provide specialized support and expertise to businesses across different sectors. Professional services firms are known for offering a wide range of services, including consulting, advisory, and outsourcing solutions.
The market for professional services is expected to witness significant growth in the coming years. According to a report by Grand View Research, the global professional services market size is projected to reach USD 8.7 trillion by 2025, with a compound annual growth rate (CAGR) of 8.4%. This growth can be attributed to the rising demand for specialized expertise, increased outsourcing activities, and technological advancements.
However, the professional services industry also faces several challenges. One of the key issues is the lack of diversity and inclusion within organizations. Many companies in this industry have predominantly male leadership teams and boards of directors, which hinders progress towards gender equality. This is why initiatives like the Catalyst CEO Champions for Change are crucial in promoting diversity and inclusion.
By joining the Catalyst CEO Champions for Change movement, Genpact is demonstrating its commitment to addressing these issues and driving change within the organization. The company aims to accelerate the representation of women, specifically those from marginalized ethnic and racial groups, in executive positions. It also seeks to maintain or increase the representation of women on the board of directors. These commitments align with the broader goals of diversity and inclusion in the workplace.
Genpact’s vision of having women represent 50% of its employees at every level of the organization is an ambitious goal that reflects the company’s dedication to creating a more inclusive environment. To achieve this vision, Genpact will leverage data, technology, and AI to track progress and identify areas for improvement. This demonstrates the company’s commitment to utilizing innovative solutions to promote diversity and drive change.
In addition to its participation in the Catalyst CEO Champions for Change initiative, Genpact has implemented several programs to support women in the workplace. These programs, such as the Women’s Leadership Program, cross-company mentorship initiatives, the Women in Genpact network, and the Pay-it-Forward initiative, aim to empower and develop female talent within the organization.
Overall, Genpact’s commitment to fostering a diverse and inclusive environment is an integral part of its broader efforts to shape the future through its professional services and solutions. By embracing diversity and promoting gender equality, Genpact is not only enhancing its own organizational culture but also setting an example for other companies in the professional services industry to follow.
For more information about Catalyst and its initiatives, you can visit their website: Catalyst.