Transcript Slide 1

LOOKING FORWARD & LOOKING BEYOND:
POLICY CHALLENGES IN PROMOTING WOMEN
ENTREPRENEURSHIP IN PAKISTAN
PC HOTEL, LAHORE
FEBRUARY 14, 2013
Tara Uzra Dawood
CEO, Dawood Capital Management Ltd. * President, Dawood Global Foundation * Founder, LADIESFUND®
@ladiesfund @tudawood #leadconf
The most common way people give up their power is by thinking they don’t have any – Alice Walker
www.ladiesfund.com
2
1
www.dawoodglobal.org
DAWOOD GLOBAL FOUNDATION & LADIESFUND®
ROLE IN EMPOWERING WOMEN ENTREPRENEURS
A tax exempt foundation audited by Ernst & Young Ford Rhodes Sidat Hyder
Established LADIESFUND® in 2007
LADIESFUND® is:
An initiative to provide financial security to women and to promote and train
women entrepreneurs.
Integrates the entrepreneurial needs based on the economic and social aspects
of the local communities, with respect to greater women participation in the
workforce.
Began its mandate in Pakistan and currently has 140 local and international
partners.
LADIESFUND® recognizes women achievement through awards, educates
women through conferences and workshops, and connects women to each other
and local and national resources, empowering them to be a part of and leaders
of the She-Economy.
Dawood Global Foundation inspires*educates*connects women through @ladiesfund
3
www.ladiesfund.com
www.dawoodglobal.org
WHAT I DO?
12,000 + women and youth in our network
Over 3,500 people have attended our events
140+ partners globally
LADIESFUND® Scholarships
LADIESFUND ® Mentorships
LADIESFUND® Internships
LADIESFUND® Fellowships
LADIESFUND® Magazine
LADIESFUND® Entrepreneurship Conferences
LADIESFUND® Women’s Awards
LADIESFUND® Women of Influence Luncheons
LADIESFUND® E-Daily newspaper
Coming soon … LADIESFUND ® Companies to Watch
Live your passion … be a suitcase entrepreneur … be paid to exist
4
www.ladiesfund.com
www.dawoodglobal.org
DCM KNOWS HOW TO MANAGE A WOMAN’S MONEY
DCM SPECIALIZES IN MANAGING MONEY ESPECIALLY FOR WOMEN
ASSET MANAGEMENT SERVICES
INVESTMENT ADVISORY SERVICES
Investment products offerings with:
Investment products offerings with:
 Highly regulated open end mutual
funds schemes.
 low regulated SMA portfolios.
 Professional Management.
 Lower fees and charges
 Higher management and regulation
fees and charges.
 Higher than market returns.
 Market compatible returns.
 Professional Management.
 Higher startup sums required.
 Minimum startup sums required.
You are worth more than you think!
5
www.ladiesfund.com
www.dawoodglobal.org
GLOBAL SNAPSHOT OF WOMEN IN THE MARKETPLACE
Almost 50% global population is women
Globally 35% of the total wealth is own by women
85% of all brand purchases are made by woman
3% of advertising agency directors are female
Surveys reveal 91% of women feel advertisers don’t understand them
6
www.ladiesfund.com
www.dawoodglobal.org
PAKISTAN FOCUS
Pakistan scores low on indicators for gender equality, ranking 125 out of
169 countries on the United Nation Development Programme (UNDP)
Gender Inequality index and 132 out of 134 countries on the Global
Gender Gap index.
The Constitution of 1973, in its Principles of Policy section, declares that
“steps shall be taken to ensure full participation of women in all spheres
of national life” (Article 34).
Source: LEAD Pakistan, Labor Laws, Gender and Reproductive Health:
An Analysis of Pakistan, Dec’12
#LEADConf discusses Pakistan making strides in gender equality
7
www.ladiesfund.com
www.dawoodglobal.org
KEY CHALLANGES
WOMEN HAVE LOW PRESENCE IN THE WORK FORCE
WOMEN DON’T GET TRUE MATERNITY LEAVE
WOMEN DON’T HAVE MANY DAY CARE FACILITIES
BOSSES FEAR SINGLE WOMEN WILL MARRY & LEAVE
WOMEN HAVE LOW PRESENCE IN UNIONS
www.ladiesfund.com
8
www.dawoodglobal.org
KEY CHALLANGES
WOMEN HAVE LOW PRESENCE IN THE WORK FORCE
Pakistani women's participation in the formal labour force is
still among the lowest in the world the workers are not
eligible to any benefits or rights.
9
www.ladiesfund.com
www.dawoodglobal.org
KEY CHALLANGES
WOMEN DON’T GET TRUE MATERNITY LEAVE
According to the Pakistan Labour Laws, women have a right
to maternity leave but in most cases it is considered a favour
by the employers rather than a right of the mother.
10
www.ladiesfund.com
www.dawoodglobal.org
KEY CHALLANGES
WOMEN DON’T HAVE MANY DAY CARE FACILITIES
Mothers with small children have no concessions or any
spaces provided as baby crèches as a result women with
young children are forced to abandon their work. There are
also no provisions in the law for post-delivery conditions.
11
www.ladiesfund.com
www.dawoodglobal.org
KEY CHALLANGES
BOSSES FEAR SINGLE WOMEN WILL MARRY & LEAVE
No protection in law regarding age discrimination. Women of
reproductive ages are discriminated against by employers
who fear that they will not be able to deliver as much as
required.
12
www.ladiesfund.com
www.dawoodglobal.org
KEY CHALLANGES
WOMEN HAVE LOW PRESENCE IN UNIONS
Women workers have minimal or no participation in the
trade unions due to their perceived marginalized role in the
employment sector.
13
www.ladiesfund.com
www.dawoodglobal.org
KEY STRENGTHS
EMPOWERING WOMEN IN AGRICULTURE INCREASES
PRODUCTIVITY – 10% MORE CROP YIELDS
WOMEN HELP FAMILIES & COMMUNITY
EDUCATING GIRLS GROWS THE ECONOMY
WOMEN PAY BACK MONEY OWED
WOMEN ARE FAIRER LEADERS
www.ladiesfund.com
14
www.dawoodglobal.org
KEY STRENGTHS
EMPOWERING WOMEN IN AGRICULTURE INCREASES PRODUCTIVITY –
10% MORE CROP YIELDS
Women make up 43% of the agriculture labor force globally
and are less likely to own land, when women do own the same
amount of land as men, there is over a 10% increase in crop
yields. Women are the principle producers of foods eaten by
over 90% of the poor around the world.
15
www.ladiesfund.com
www.dawoodglobal.org
KEY STRENGTHS
WOMEN HELP FAMILIES & COMMUNITY
Women have a proven record to pay forward. They know how
to utilize money, resources and ideas with wisdom and
creativity to make better choices. Women are more likely than
men to put their income back into their families and
communities, driving illiteracy and mortality rates down and
GDP up.
16
www.ladiesfund.com
www.dawoodglobal.org
KEY STRENGTHS
EDUCATING GIRLS GROWS THE ECONOMY
When 10% more girls go to school, a country’s GDP increases
by 3%. When women are educated and can earn and control
income, even more good results follow: infant mortality
declines, child health and nutrition improve, agricultural
productivity rises, population growth slows, economies
expand and cycles of poverty are broken.
17
www.ladiesfund.com
www.dawoodglobal.org
KEY STRENGTHS
WOMEN PAY BACK MONEY OWED
Investments in women extend to the world around them.
Women don't just pay back microloans, but also more likely
than men to share the rewards of microfinance and contribut
towards rising GDP.
18
www.ladiesfund.com
www.dawoodglobal.org
KEY STRENGTHS
WOMEN ARE FAIRER LEADERS
Countries where women’s share of seats in political bodies is
greater than 30% are more inclusive, egalitarian and
democratic, according to USAID. Women are more likely to
prevent conflict and achieve reconciliation after conflict has
ended.
19
www.ladiesfund.com
www.dawoodglobal.org
WHY DOES ENTREPRENEURSHIP FOR PAKISTAN MATTER?
Economic expansion
Increasing competitiveness
Engaging and acknowledging women powers our economies
Enabling all to participate in the economic life of a nation
Contribute to the global GDP
Narrows the gap between the developed and the developing
countries
The She-Economy is critical to powering the economy
20
www.ladiesfund.com
www.dawoodglobal.org
In Pakistan, 37% of
Financial Decisions
are taken by
Women
Readers Digest
Asian Women are key to powering the World Economy
21
www.ladiesfund.com
www.dawoodglobal.org
HOW YOU CAN GET INVOLVED IMMEDIATELY!
Incorporate appealing to women buyers into your marketing strategies.
Hire more women.
Help train women at conferences, workshops, online forums, etc. like
LEAD Pakistan is doing.
Educate grassroots girls (such as through our LADIESFUND®
scholarships – contact [email protected]).
For as little as $1500/year through @ladiesfund, you can put a grassroots Pakistani girl
through a top University in Pakistan
22
www.ladiesfund.com
www.dawoodglobal.org
Thank You!
Tara Uzra Dawood
@ladiesfund
President, Dawood Global Foundation &
23
www.ladiesfund.com
www.dawoodglobal.org