30
JUNE 2017
“We Need to Boost Women’s Presence in Entrepreneurship because that’s the Only Way the Country can Keep Developing”

“We Need to Boost Women’s Presence in Entrepreneurship because that’s the Only Way the Country can Keep Developing”


Spain
The Ibero-America in Business Forum for Women’s Entrepreneurship and Leadership was held last week in Madrid. Representatives coming from the four countries in the Pacific Alliance (Chile, Colombia, Mexico and Peru) attended the event, where the need for including women in the business world was highlighted.

According to Roberto Palva, President at ProChile, 'we need to boost women's presence in entrepreneurship because that's the only way the country can keep developing.' This concept is starting to take root in the area, but there's still a long way to go.

Nicole Verdugo, Coordinator of the Technical Working Group for Gender at the Pacific Alliance in the Ministry of Foreign Relations of Chile, said that 'there's a wide gap regarding women implication in the business world within the Pacific Alliance.' Moreover, 'women get an average retribution which is 4% to 36% lower than the retribution men would get in the same conditions.' Nicole Verdugo explained that the higher standards the job implies, the wider the retribution gap will be. There's also a huge gap in terms of women holding senior management roles. '93.6% of senior management roles in the 100 largest companies in the area are held by men, while only 4.6% of them are held by women' noted Nicole Verdugo.

The women taking part in the panel discussions on upcoming challenges for women's entrepreneurship and leadership in the Pacific Alliance agreed. María Jesús Dehesa, Corporate Partner at ONTIER, moderated one of these panel discussions, highlighting the strategic importance of mainstreaming gender policies in all the working groups at the Pacific Alliance.



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