Connect with us

Business Home

Nestlé: more women in the workplace make business sense

Published

on

In the Central and West Africa Region (CWAR), Nestlé aims to bring the Gender Balance Acceleration Plan to life through its multi-pronged initiatives

ACCRA, Ghana, March 8, 2019 — Nestlé has launched an ambitious Gender Balance Acceleration Plan ‘From Aspiration to Action’ https://bit.ly/2UmlZ57 as part of its activities to highlight International Women’s Day 2019.

The world’s largest food and beverage company believes that a gender balanced workforce makes business sense as it helps to boost innovation and performance, which as a result, better serves the needs of its consumers.

Nestlé’s Global CEO Mark Schneider announced the company’s acceleration plan to make gender balance a priority, based on three pillars: bold leadership, an empowering culture and a set of enabling practices.

In the Central and West Africa Region (CWAR), Nestlé aims to bring the Gender Balance Acceleration Plan to life through its multi-pronged initiatives, such as trainings to raise awareness on gender biases, career development and mentoring programmes for women, gender-sensitive succession planning, offering breastfeeding rooms and nurseries at work, as well as the implementation of its Maternity Protection Policy. https://bit.ly/2Hlsq4O

Driving innovation

At Nestlé CWAR, increasing the number of women in the workforce and boosting gender balance is helping to drive innovation.

Bunmi Etty-Mfon, Total Performance Management Manager for Technical at Nestlé CWAR, who has led factory efficiency for over eight years to deliver safe, quality products in Nigeria, Ghana, Senegal, Cameroon and Côte d’Ivoire, has encouraged and experienced this herself.

“When there’s a good mixture of men and women, team-building activities tend to be more balanced, helping to develop greater empathy among individuals and teams. Diversity stimulates greater effort from everyone, leading to improved decision-making.

“Also, as the majority of consumers in our region are women, it gives us great perspective to lead in innovation,” she said.

Rahamatou Palm, Category Manager for our Nescafé business in Burkina Faso, Mali, Niger, Togo and Benin – and a member of the Cluster Management Committee of which half are women – agrees that diversity is key for the company’s growth.

“Gender balance is important to complement the thinking between men and women, leading to more productive debates and innovative decisions. It also fights against discrimination to ensure a better, and more dynamic workplace,” she emphasised.

Improving the company’s performance

Nestlé CWAR is also actively enhancing the company’s performance by increasing the number of women in departments that traditionally hire men.

To close the current gender gap, the Technical and Supply Chain Management departments are looking to recruit a majority of women as graduate trainees, and include at least one female candidate in the final interview stage. Efforts are also being made to increase the number of women working in factories across the region.

Ibukun Ipinmoye, Factory Manager of the Flowergate Factory, which includes the first 100% female production line in Nestlé Nigeria, has noted an increase in productivity.

“We soon realised that the female production lines are very productive thanks to their highly committed and collaborative spirit and their careful handling of the equipment. Gender diversity has helped to boost productivity,” he said.

“As a result, we plan to introduce female operators to more complex lines to utilise their multitasking skills, and aim to hire female management trainees to 80%.”

Gbenga Oladunjoye, Factory Manager for Nestlé Ghana, has also seen improved performance in his team.

“My team is more productive, with readily available good talent and a wide diversity of ideas. Women have helped to ignite creativity, offered various perspectives and improved our business,” he said.

Gbenga, who oversees the Tema facility and is part of the Country Management team, added: “They mostly make the decisions to buy products for their families so having women at Nestlé makes business sense.”

Overcoming biases

However, creating gender balance on the factory floors or in offices does not come without some obstacles. Pressure to conform to gender stereotypes, resistance from men, adapting work patterns to family life and maternity commitments, and the shortage of females in certain fields like engineering, are just some of the gender balance challenges that working women face.

Julia Atta, Production Manager for Milks in Nestlé Ghana, was appointed as the first female production manager for Nestlé CWAR last year – marking a milestone for the company in the region.

She explained that she went into this ‘non-traditional’ line of work for women to change mind-sets and make an impact. But this came with its challenges.

“For any women in a male-dominated environment, even a genuine reason can become a woman’s excuse. For example, I felt I had to turn down an opportunity to go into production because I got pregnant, even though factory management made me an offer. At the time, I was unsure it was the right decision to join, as production was not seen as an ideal environment for my ‘condition’,” Julia said.

“Thanks to the support of management, I had another opportunity to take up a role outside of the country for five months. However, others made me feel like I had made the wrong decision to leave my young child behind – but I was determined to make it work.”

Today, Julia heads the milk production and technical team, leading the production, quality, safety, cost and delivery of 130 tonnes of evaporated milk a day, while also developing her team of junior and senior employees.

Women leaders inspiring other women

Creating a solid pipeline of female talent across all levels enables more women to climb up the career ladder to top positions, which has a ripple effect of encouraging other women to achieve their goals.

“Being a career woman is never a burden or added responsibility, but a platform to inspire and motivate the people you are lucky enough to impact,” Julia continued.

“When a woman is appointed in a leadership role, some people believe this is because of a gender balance strategy and not based on merit. It must be based on non-discrimination, equal opportunities, competence and providing the right support for both men and women in the workplace. This is how we will be genuinely able to highlight and remove the roadblocks to career advancement at work,” she added.

Gbenga Oladunjoye, Factory Manager at the Tema facility in Nestlé Ghana, emphasised that women at Nestlé inspire other women to follow suit, and said: “They enhance inclusiveness, advance opportunities and give hope to women worldwide that they can achieve the same too.”

Building a strong pipeline of talent is key to gender balance

Embracing diversity and increasing the number of women in leadership roles and in the workforce all make business sense at Nestlé CWAR – and for the company worldwide. This is part of its commitment to enhance gender balance in its workforce and empower women across the entire value chain. https://bit.ly/2HcBib0

But this just doesn’t stop here. To help achieve this across the board, organisations need to build a solid and balanced pipeline of talent and invest in women’s education and training to create and instil diversity at all levels, and in all functions.

“We recognise that gender balance, women’s rights, education for women and women’s empowerment are critical to Creating Shared Value   https://bit.ly/2CT2H3h – our approach to how we do business in creating value for both our shareholders and for society,” said Rémy Ejel, Market Head for Nestlé CWA Ltd.

“It is also key to contributing to Sustainable Development Goal 5: Achieve gender equality and empower all women and girls  https://bit.ly/2q90yr9 – and we encourage other companies to also make gender balance a priority,” Mr Ejel concluded.

–  Nestlé CWA Ltd

Business Home

Empowering Entrepreneurs is the Route to Eradicating Poverty in Africa – Tony Elumelu Foundation CEO, Ifeyinwa Ugochukwu

Published

on

By

As Tony Elumelu Foundation Past Beneficiary, Wecyclers, Receives King Baudouin Award African Development Prize

Brussels, Belgium, June 13, 2019—The CEO, Tony Elumelu Foundation, Ifeyinwa Ugochukwu, stated that building and empowering entrepreneurs is the route to eradicating poverty and creating economic transformation in Africa. She said this in a fireside chat in Brussels where she was a guest of King Philippe and Queen Mathilde of Belgium as one of Tony Elumelu Foundation past beneficiaries, Wecyclers received the African Development Prize awarded by the King Baudouin Foundation.

During her remarks, she emphasized the need for Africans to develop a job-creating mentality, not a job-seeking mentality to catalyze the economic development on the continent.

She linked this to the work of the Tony Elumelu Foundation and its impact on the African continent. Its mission is to empower 10,000 African entrepreneurs in 10 years through its Entrepreneurship Programme. Just half-way through the Programme, the Foundation has empowered 7,520 African entrepreneurs across 54 African countries, providing its alumni with a non-refundable seed capital of $5,000 each, training, mentoring and networking opportunities. To further scale the impact of its work beyond its 10,000-beneficiary goal, the Foundation launched TEFConnect—the largest digital networking platform for African entrepreneurs—late last year. Already, the platform boasts over 500,000 registered users who network, do business and forge partnerships across the continent.

Hosted by the King Baudouin Foundation, the ceremony was in honour of the Nigerian business Wecyclers for their contribution to the development of sustainable recycling and environmental wellbeing. In 2012, Wecyclers received seed capital from the Tony Elumelu Foundation through a partnership with accelerator, CCHub.

Following the presentation of the prize to Olawale Adebiyi, Wecyclers CEO, Mrs. Ugochukwu commended the work of the team. The award represented further credence to the importance and potential of entrepreneurship in Africa in transforming the economy and lives of Africans.

She said, “The Wecyclers initiative is further testament to the Tony Elumelu Foundation’s belief that all of Africa’s problems are businesses waiting to be taken on by the bright young minds we have in Africa”.

Mrs. Ifeyinwa Ugochukwu closed her remarks by reiterating the commitment of the Tony Elumelu Foundation to supporting SMEs and MSMEs and in turn creating the millions of jobs that the youth population of Africa needs.

 

Tony Elumelu Foundation

Continue Reading

Business Home

Africa loses $50B annually due to corruption, illegal flows

Published

on

By

Ministry of Planning – Youtube

CAIRO – 13 June 2019: The first African Forum for Combating Corruption revealed that the African continent losesan estimate of $50billion annually due to corruption and illegal financial flows, the Planning Ministry said.

The forum,which is held under the patronage of President Abdel Fatah al-Sisi in Sharm El-Sheikh, highlighted several issues and important topics in the strategies of African countries and their efforts to confront corruption and illegal financial flows.

The Ministry of Planning, Follow-up and Administrative Reform stressed that the problem of corruption is of the utmost importance to the development priorities in the African continent, emphasizing the need for comprehensive treatment for the matter.

The ministry also expressed its happiness and pride in participating in the session “Sustainability of the African continent’s resources to serve the objectives of sustainable development” as it is the first forum of its kind to be held on the African continent.

The ministry talked about the importance of anti-corruption efforts to achieve sustainable development.

It also pointed out that the national plans and strategies to achieve sustainable development in many countries of the continent, including Egypt,are based upon special axes fighting corruption, indicating that this reflects the centrality of anti-corruption efforts within the framework of the UN, regional and national strategies for sustainable development.

“Corruption negatively affects the revenues of public budgets of states, the economic efficiency of institutions and the efficiency and effectiveness of public administrative organizations as well as its impact on the investment environment in general,” it stated.

According to the ministry, the African countries have stepped up their efforts in recent years to fight corruption and increase regional cooperation in this area, the ministry said, stressing the importance of activating mechanisms and legal and regulatory frameworks developed by the countries of the continent to combat corruption, including the African Union Convention against Corruption and the SADC Anti-Corruption Protocol, as well as ECOWAS Anti-Corruption Protocol.

On the Egyptian anti-corruption efforts to achieve sustainable development in accordance with the vision of Egypt 2030 and at the national level, the Planning Ministry pointed out that the Egyptian State attaches great importance to intensifying efforts to enhance the efficiency of institutions and fight corruption to achieve comprehensive and sustainable development.

The Egyptian government is currently carrying out a comprehensive plan for the reform and governance of the administrative system, the ministry said, stating that the plan aims at raising the efficiency of institutions, strengthening governance and combating corruption.

 

-Egypt Today

Continue Reading

Business Home

WorldRemit launches new product for business payments to Nigeria

Published

on

By

Through the WorldRemit website and app small and medium-sized enterprises (SMEs) can now quickly and securely transfer money to pay employees and contractors in 140 countries including Nigeria

LONDON, United Kingdom, June 13, 2019 – Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay employees and contractors in 140 countries worldwide, including fast-growing markets such as Nigeria, Ghana, Kenya, and South Africa. The platform will first be available to U.K.-registered businesses.

WorldRemit’s low fees and exchange rates are shown up-front and customers can send money easily via the company’s website and app. By extending its money transfer service to SMEs, WorldRemit will save businesses time and money when they make international payments.

Each year, the UK imports $2 billion in goods and services from Nigeria, where SMEs account https://pwc.to/2Re1abj for 96% of businesses and 84% of employment. WorldRemit for Business will make it easier individuals to receive payment by UK-based partners via bank transfer to GT Bank accounts. While some banks can take up to one week to process payments, WorldRemit transfers to Nigeria are processed instantly.

Customers sending funds abroad can easily track their transfers in real-time on the WorldRemit app and opt-in to receive daily exchange notifications to send money abroad at the optimal time.

Ismail Ahmed, Founder and Executive Chairman at WorldRemit, comments: “When I first started WorldRemit, I was frustrated with the high charges and long delays in sending money abroad both as a business owner and consumer. Over the past 9 years, we’ve made it easier for 4 million people around the globe to send and receive money. 

Today, we’re pleased to extend that service offering to businesses, and put an end to the steep fees that many businesses have to pay, especially when sending to Nigeria. We’re committed to making it quick, safe and easy for you to pay individuals across borders, leaving you to focus on growing your own business.”

Shane Lennox, Senior Product Manager for Business, comments“With more people moving and settling across borders, the nature of business is becoming increasingly global. This new product offering is catering for those in need of a digital service that solves a number of pain points faced by SMEs with international staff and contractors. This new product launch will enable millions of SMEs to benefit from our award-winning convenient service.”

Also Read TeamApt Secures Switching License From CBN To Power Payment Infrastructure Solution, AptPay

WorldRemit customers complete over 1.4 million transfers every month from over 50 countries to over 140 destinations using its app or website and remains committed to providing innovative solutions to meet money transfer needs across the world. In addition to partnering with Nigerian Banks including First Bank of Nigeria Plc, Access Bank Plc, Fidelity Bank Plc for instant digital money transfers. In April 2019 the company launched international transfers to Paga mobile money accounts.

Visit the WorldRemit website for more information on how to send Business payments (https://bit.ly/2XI2GVN).

WorldRemit

Continue Reading

Subscribe via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,744 other subscribers

Ads

Download BAO Brochure

Click on the Image below to download our recently published Magazine

Most Viewed