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The Value of Diversity

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Page 1: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

The Valueof Diversity

Page 2: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Valore D is the first corporate association promoting gender balance and an inclusive culture to fostercompanies and country growth.

The Founders in 2009

Page 3: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

DIVERSITY & INCLUSION to foster innovation,

competition and profitability

PRAGMATIC APPROACH to measure impact and

effectiveness of our actions

SOCIAL INNOVATION to contribute to the

socio-economic growth of the country

Our unique DNA

Page 4: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

12 3753

61 73

115140

153 167187

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

187 diverse companies in sectors and sizes

(1) Internal data, update December 2017, (2) Internal data, update June 2018

Our value

COMPANY SIZE BY NUMBER OF EMPLOYEES (1)

BUSINESS SECTORS (2)

8%10-50

13%50 - 250

10%250 - 500

42%500 – 5.000

24%5.000 – 50.000

4%Over 50.000

22%Banking/assurance

4%Food

1%Automotive

9%Pharmaceutical

4%Digital

6%Energy/Oil&Gas

3%Retail

3%IT

6%Media/entertainment

4%Fashion

4%Packaged goods

8%Industrial goods

19%Professional services

2%Telecommunication

1%University

4%Transport/travel/infrastructure

Page 5: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

59,2%- average grade: women 103,5 | men 101,6 - average age: women 25,9 | men 26,2

In Italy, less than one out of two women works

(1) Almalaurea 2018 based on data 2017, (2) ISTAT May 2018, (3) Eurostat 2018 based on data 2017

(1)

In Italy, more than one out of two graduates are women

49,7%(2)(2)

employment in Italy

(3)75,2% in Germany 66,7% in France 59,6% in Spain

68%

Valore D: why

Page 6: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

17,9%

just three women out of ten are in managerial positions

pay gap between men and women in Italy for the same working hours in the private sector. The gap is increasing to 37,8% between men and women with a master degree

36%more than one out of three women leaves full-time work after the first child. Percentage increases as the level of education for mothers decreases

28%

Working women face a difficult career path (1)

(3)

(5)

(2)

(4)

(1) Eurostat: Gender Pay Gap Statistics 2018, Unadjusted Gender Pay Gap by economic control (%), based on data 20172016 (2) JobPricing, Gender Gap Report, 2018 (3) VISIT INPS 2017 (4) Osservatorio statistico dei consulenti del lavoro, 2016 (5) Eurostat 2017

Valore D: why

Page 7: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Diversity = Business

66,5%

GDP in Europe if the level of female employment is the same as male (60%)

of family purchases is decided by women

+15,3% company earnings where women in senior positions are at least 15%

+7%

In the marketplace

In the financial balance sheet

In macroeconomics

(1)

(2)

(3)

(1) Rapporto Censis 2012 sulla situazione economica italiana (2) Credit Suisse Gender 3000, 2016 earings measured by ROE (3) Banca D’Italia, 2013

Valore D: why

Page 8: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

y o u n g w o m e n i n c o r p o r a t e

w o r l d

m i d d l em a n a g e r

s e n i o rm a n a g e r

c - s u i t e

C E O

to ENCOURAGE women to self esteem

and assertiveness

to ACCELERATE the career path of middle

managers

to SUPPORTwomen and men to

coach their team and to encourage

everybody’s talent

to CONSOLIDATE hard and soft skills in

order to enable women to succeed in

most complex challenges

to INSERT INTO THE STRATEGIC

AGENDA of CEO’s the issue of

Diversity and Inclusion to obtain

their commitment to sign and implement

the Manifesto for women’s employment

g i r l s

to INSPIRE girls to follow their own

ambitions

Our programs involve diverse targets and stakeholders

Page 9: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

OBJECTIVES

Enhance the technological skills within the Boards of

Directors

Responding to the needs of industry 4.0,

which brings with it product and process

innovation, and therefore requires

managers with transversal and digital

skills

Transmit the skills for a BoD

S.M.A.R.T., which works in a sustainable

manner, on a meritocratic basis, in an agile, responsible

way and with the support of technology

Strengthening the presence of women within the Boards of

Directors andto encourage the

networking of women who are already

present or are ready to enter the Board

45 participants47% with technology background and/or digital transformation

71% coming from not associated companies

InTheBoardroom 4.0

Page 10: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

1Programs focused on promoting new models for an inclusive organisation in order to support participation, collaboration and fruitful dialogue between different genders, ages and cultures within the company. Thanks to knowledge and expertise of the affiliated companies in different sectors and to a constant and constructive dialogue with institutions, Valore D delivers programs and projects that help companies to achieve concrete and measurable results.

Area of activity: Inclusive organisation

Page 11: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Programs focused on creating a work environment and organizational models that meet people needs while improving productivity and sense of belonging. WelfareLab® focus on welfare, smart working and happiness at work. The approach is pragmatic and result-oriented, we provide associates with effective tools and clear indicators to increase and monitor the degree of diversity and inclusion in their organizations.

2Area of activity: Corporate welfare

Page 12: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Projects of social innovation have the aim to generate impact on country’s growth and progress. Thanks to multi-year collaboration and exchange with its associates Valore D has been able toreview and monitor the development and deployment of over 1,000 best practices. This extensive know-how has made Valore D a reliable and trusted partner for the institutions. The enhancement of gender balance, the inclusion of different generations and cultures, represent a factor of innovation, competitiveness and growth for companies as well as for Italy.

3Area of activity: Social Innovation

Page 13: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

TRAININGHours of workshops and training sessionsTraining personsMale participation at the course Appreciation rate

420200020%

4,3 / 5

Our activities in numbers | 2017

MISSION FOR THE COUNTRY

SIGNING COMPANIES154 SCOLARS INVOLVED1000

over 50 involved in the research5000 WOMEN RESEARCHTALENTI SENZA ETÀ | TALENTS WITHOUT AGE

Page 14: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

4 training paths in 2 locations

YOUNG TALENTACCELERATING PATH SENIOR MANAGERC-LEVEL SCHOOL

671 partecipants Training and Welfare Activities in 5 cities

272 mentor and mentee | DPlus e POWER

Training and Development | I semestre

D&I Projects for 10 companies

Page 15: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

50%One out of two persons involved in mentorship programs achieved a career advancement

64,6%More than one out of two companies participating at WelfareLab® have subsequently implemented Smart Working programs

(1)

(1)

89,2%Most of Valore D affiliated companies has implemented a structured Welfare policy

(1)

Results

(1) Internal survey Valore D, 2017

Page 16: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

74%

Affiliated companies formally signed the “Manifesto for women’s employment”, a formal commitment to enhance gender balance KPI within a defined timeframe.

A wide majority of affiliated companies believes that Valore D provided a relevant support in defining efficient career plans

79%A wide majority of affiliated companies believes that Valore D provided a relevant support in setting D&I into the strategic agenda of CEOs

140

(1)

(1)

(1) Internal survey Valore D, 2017

Results

Page 17: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

154 COMPANIES SIGNED THE MANIFEST

4 REGIONAL SECTIONS SIGNED THE INTENT PROTOCOL

CONFINDUSTRIA PUGLIACONFINDUSTRIA VENEZIA-ROVIGOUNINDUSTRIA LAZIOCONFINDUSTRIA CANAVESE

Manifest | Results

Page 18: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

SAVE THE DATE11 September 2018ROME

MEETING OF THE COMPANIES WHICH SIGNED THE MANIFEST

un anno dopo

Manifesto | A year after

Page 19: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Valore D goes abroad: PARIS

EWOB

CATALYST

International association working on Diversity & Inclusion issues (use of research contents; possibility for the associated companies to attend the webinar courses)

European organization representing associations engaged in gender balance in Boards of Directors (international mentoring programme cross country, cross company; database of international board candidates; European network)

Presentation of Valore D to the French branches and headquarters of Associate Companies and their network

WEF

The relationship as interlocutors of the Gender Parity Task Force has been strengthened

International relations

Page 20: The Value of Diversity · The Founders in 2009 . DIVERSITY & INCLUSION to foster innovation, ... Media/entertainment 4% Fashion 4% Packaged goods 8% Industrial goods 19% Professional

Via Calabiana, 6 c/o TAG20139 Milano

[email protected]