Leaders & Daughters – A Unique Initiative

CULTIVATING THE NEXT GENERATION WOMEN LEADERS

Egon Zehnder believes that the world needs better leaders, and that diverse leadership teams are better and more effective than homogenous teams. It is therefore imperative for organizations to incorporate diversity and inclusion when finding and developing executive talent.

To support this goal, in 2015 Egon Zehnder hosted the first-of-its-kind Leaders & Daughters event in London, featuring C-suite executives and their daughters as representatives of the next generation of female leaders. Within 3 years, they expanded to 32 annual Leaders & Daughters events around the world, convening close to 6,000 people to speak with both senior executives and their mentees and/or daughters.

 

Leaders & Daughters’ long-term objective is to help the next generation of female leaders to be their professional best, while leveraging the current generation of both male and female leaders for counsel, support and insight. This year’s theme “Mind the Gap” is about addressing the gap between the percentage of women in the workforce and the percentage of female CEOs or C-Suite members.

 

They asked the panelists and attendees, would make a difference? Which companies are finding a way to “Mind the Gap?” And what are policies that are working, as well as individual actions that current CEOs and aspiring top female executives can take today? The responses to these questions and some takeaways from their events around the world are collected below and provide

 

Many of the Leaders & Daughters events focused on individual action- what individuals, whether CEOs or rising female executives, could do to change their own environments. Said one attendee in Johannesburg: “As women, you need to find your own network and stop competing as men; you don’t fight a crocodile in water.”

 

Confidence, many participants said, is critical for any woman hoping to succeed in the executive space. In Seoul, one attendee commented: “The gender gap at the executive level we face today could also be due to our own mindset, not taking enough challenges and risks.” Kim Ann Mink, Chairman, CEO and President of Innophos, phrased it differently at the Miami gathering: “You are at the table: act like you deserve it. Reflect the confidence because you are superb. Reflect that confidence in every interaction.”

 

Several panelists also remarked on how important it is for women to choose a partner who will champion their career goals. Said one Hong Kong executive: “Marry the right person – one who’s supportive. Surround yourself by likeminded supportive females and mentors. And speak up!” They also emphasized being realistic about work-life balance to which, one panelist said, is more like a pendulum as it swings both ways and is never truly balanced.

 

Sometimes, individual action also means realizing that an organization isn’t as committed to diversity goals as one may have thought. “Women in general stay too long,” said one panelist. “We are the good soldiers.” If your organization doesn’t go beyond words to action, and there isn’t a coalition of people to make change, sometimes the best thing to do is to leave.

 

The event also focused on taking organization action to help women succeed. One New York panelist, the CEO of a consumer company, phrased it best: “Change must be mixed into the mortar” of any organization that wants to make diversity a reality. That means that policies must be put in place that make diversity a requirement. It must be “part of the brand,” with new metrics that reward people supporting the process. The reality is that it takes years to change a senior leadership team, and companies must think about diversity as both a short-term goal and a long-term strategic shift. To expand the pipeline, participants suggested the following changes to hiring policies:

 

  • Require a diverse pool of candidates
  • Blind resumes and blind filters
  • Get to know the best and most diverse talent BEFORE there’s a role for them
  • Change the team dynamic with anti-bias training
  • Push a search back until you start seeing diverse candidates
  • Publish your gender pay gap and commit to closing it

 

As gender diversity continues to move at a slower pace than hoped, it is becoming more and more clear that men must be part of the solution – especially because they are still in most of the decision-making roles. While it is important for women to network together and to support each other in their workplaces, it is also critical to have the support of male allies. Said Dame Cilla Snowball, Chair and CEO of AMV BBDO at the London event: “We need to get on with it! It is the cross-fertilization of men supporting women together with women supporting women that makes success.”

 

Note: Excerpts have been taken from ‘Mind the Gap’, a global report from Egon Zehnder

Egon Zehnder is the world’s leading privately held executive search and talent management consultancy with more than 440 consultants in 69 offices across 41 countries. We partner closely with public and private corporations, family-owned enterprises, and non-profit and government agencies to provide Board advisory services, CEO search and succession, executive search, executive assessment, leadership development, and organizational transformation. We share a commitment to and pride in doing work that contributes to successful careers, stronger companies, and a better world.

Taruna Seth

Founder, Encompass Experiences LLP
Awarded the prestigious Premiere Aussie Specialist for New Product Development for 2022-2023 at the Australian Marketplace. A University of Michigan graduate with 20 years of experience, she passionately explores the world, founding an experiential travel company with a global network of luxury travel designers. Recognized for her exceptional contributions, she was honored with the ‘Exceptional Women of Excellence creating a better world for all’ award by the Women’s Economic Forum.

Tarini Nirula

Founder, TN Accessories
An accomplished Indian Accessory Designer, entrepreneur, and Yoga teacher, founded Tarini Nirula Accessories, debuting at the 76th Festival de Cannes. Blending fine Indian craftsmanship with contemporary design, her accessories graced Paris Fashion Week, India Fashion Weeks, and Bollywood’s “83″. Through her intricate designs and the transformative essence of Yoga, Tarini aims to share Indian artistry globally, enriching lives with beauty, functionality, and timeless style.

Swapnali Kadam

Founder, COVIE
Founder, COVIE A distinguished entrepreneur and Eklavya Award recipient, she’s known for agile thinking in diverse sectors, with Harvard’s Owner/President Management completion. Her impactful projects at ABIL and Bharati Vidyapeeth include Pune’s first 100m tower, pioneering educational and healthcare initiatives and launching COVIE, a luxury co-living venture in 5 cities.

Surbhi Aggarwal

Digital creator
A celebrated digital creator, author, and TEDx speaker, renowned for influential contributions in fashion, lifestyle, and travel. Diversifying from a mom-blogger to a recognized figure, the author of “The Rose with A Hundred Petals” addresses mental health innovatively. Recognized with the prestigious Times 40 under 40 award, she amplifies awareness on mental health through podcasts and TEDx talks, emphasizing empowerment without compromising gender rights.

Saniya Sugla

Creative Entreprenuer

A 23-year-old entrepreneur and creative strategist, this professional visionary, a University of Bath master’s graduate, launched a boutique marketing company amid the pandemic. Specializing in empowering women-owned businesses, she curates clientele from fashion, luxury, and lifestyle brands. Adept at fostering opportunities, her mission extends to shaping the next generation of female talent.

Sahar Mansoor

Founder, Bare Necessities
She is a leading advocate for zero-waste living. Recognized as ‘The Most Inspiring Indian of the Year’ by Google India, she received the 2023 Green Entrepreneurship Awards – Circular Economy Grant for her commitment to promoting a sustainable circular economy model. Her accomplishments include authoring “Bare Necessities – How to lead a Zero Waste Life” and receiving the Circular Economy Grant from IKEA Foundation, Adelphi, and SEED.

Reena Sachdev

Founder, Travel Arena
Recognized for her profound love for travel, she achieved the prestigious Premiere Aussie Specialist for New Product Development for 2022-2023 at the Australian Marketplace. With a business family background, she expanded horizons after working for SOTC/Kuoni, seamlessly blending passion with work and family.

Prerna Rajpal

CEO & Chief Designer, Amaris
An inspiring woman leader, celebrated for her exceptional fine jewelry adorned on the Cannes Red Carpet. Recognized in 2023 with the ET Inspiring Women Leaders Award, her creations grace Bollywood stars and international publications, affirming her status as a top entrepreneur in India’s luxury industry. With over a decade of experience, Prerna has made high-fashion couture jewelry accessible, drawing inspiration from India’s cultural richness.

Preeti Jatia

Founder, Fayon Kids
Krishna Tamaila VoraCelebrated as one of the Top 10 Women Leaders in Retail 2023, gracing the cover of Women Entrepreneur Magazine. Passionate about art and design, her brands, Fayon Kids, Label by Fayon, and Beyondallter, epitomize comfortable and creative fashion.

Petrushka Dasgupta

Partner, ALMT Legal
A Partner at ALMT Legal, she was recognized as the recommended lawyer for dispute resolution and litigation in the Legal 500 – 2021 edition, along with being invited to speak at prestigious events, including the Aviation Week Asia 2014 in Singapore.

Neeha Nagpal

Partner, NMD Law Chambers
A seasoned lawyer for over 15 years, she excels in commercial litigation. Forbes ‘Tycoons of Tomorrow’ Awardee (2018), Forbes Powerlist for Lawyers (2021), and BW LEGALWORLD ’40 under 40′ Awardee. Certified Gut Health Coach and passionate philanthropist, Neeha actively supports causes for gender inclusivity, LGBTQI+ rights, and community welfare. As a Partner at NMD Law Chambers, Neeha continues to receive accolades, including the BW Legal World ’40 under 40′ Award in 2022 and Forbes Tycoon of Tomorrow’s Next Gen Icon Award in 2018.

Krupa Dalal

Sales Manager - Legal Media Business - India & Middle East, Thomson Reuters
As the Sales Manager – Legal Media Business at Thomson Reuters, Krupa Dalal received The Circle for Excellence award for surpassing revenue numbers by over 100% YoY. With 18+ years of experience, she brings consultative expertise, focusing on renewals, innovations, and year-over-year sales growth.

Krishna Tamaila Vora

Founder, Mom's Therapy

She was acknowledged among the 100 Emerging Women Leaders by YourStory, adding pride and distinction to her name. Additionally, her feature on Sony Television’s Shark Tank India Season 1 marked a significant milestone in her journey.

Kanika Gupta

Vice President, Colorbar Cosmetics
Recently promoted to Vice President Retail at Colorbar Cosmetics, Kanika brings over 18 years of expertise in Product Development, Sourcing, Retail operations, Marketing, and Fashion retailing. Recognized for her empathetic leadership, she pioneered Colorbar’s international expansion and is spearheading the launch of a new Luxury Home & Lifestyle brand.

Jasmine Bedi

Chief Editor & Publisher, Interglobix
As President, she elevates InterGlobix Magazine, seamlessly blending technology and luxury. Recognized as an International Business Ambassador, Bedi’s strategic efforts have attracted foreign direct investment, fostering economic development in Loudoun County. Honored with the prestigious ‘IM100’ award by Infrastructure Masons and ‘The President’s Volunteer Service Award’ by the US India SME Council.

Hiral Mehta

Contemporary Artist & Founder of God Of Onions Podcast
A celebrated contemporary artist, gained recognition as one of the 33 Women Achievers of India. Her artwork, showcased at the Festival of Architecture and Interior Design, exemplified her talent. Additionally, she was honored as one of the 99 WomEn Achievers of India 2023 by the Indian Achiever’s Club.

Harpreet Kapoor

Co Founder & Practice Leader, HR Tech
Demonstrating innovation and expertise, SHE successfully launched Konverz—an AI product transforming hiring decisions with conversational intelligence. With a profound background spanning HR transformation and organizational development, their extensive experience has shaped impactful solutions across diverse industries in India, MENA, and ASEAN regions.

Gauri Monga

Founder, Anaash
A Business Management graduate, achieved commendable recognition with the brand featured on Lifestyle Asia’s cover and worn by notable actors, including Sanjana Sanghi, Kajol, and Vidya Balan. Born from a profound love for pearls, Anaash embodies elegance and sophistication in the world of jewelry.

Foram Shah

Lawyer
A seasoned lawyer with 18 years of expertise in corporate laws, trademarks, copyright, real estate, shops and establishments, and labor laws. Notably, she achieved a remarkable single-handed acquisition valued at 30 crore, setting a benchmark in the legal industry.

Eesha Sukhi

Founder, The BlueBop Cafe
She received the Economic Times F&B Leaders 2023 Award. With a brand-building background at Yahoo, Starbucks, Vero Moda, and Vogue, Eesha excels in the F&B sector, notably with BlueBop Cafe and BlueBop Bakes. Previously honored as an Emerging F&B Woman Entrepreneur, her commitment resonates.

Dr. Sonia Lal Gupta

Neurologist and Director, Metro Group of Hospitals & Co-Founder, Voice of Health
Recognized as the “Best Neurologist” in 2014 and a “Rising Star in Healthcare” in 2017, she continues to excel. Recently, Dr. Gupta added another accolade to her impressive repertoire – the prestigious “40 Under 40 Exceptional Leaders” award by the Times of India in 2023, further solidifying her impactful leadership in the healthcare domain.

Bhakti Kapoor

"Neurologist and Director, Metro Group of Hospitals & Co-Founder, Voice of Health"
She was honored with the “Most Promising Nutrition & Wellness Expert Award 2023.” Recognized at the Global Business Conclave & Awards, London, she also received accolades from Women Iconza Awards and India Icon Awards, solidifying her authority in holistic nutrition.

Benaifer Jal Kapadia

"Vice President, The Club Mumbai & Taj Resort and Spa, Bekal, Kerala"
Renowned for hotelier expertise, she was honored as ‘The Most Admirable Marketeer in 2023’ by the World Marketing Congress and CMO – Asia. Passionate about hospitality, a dedicated food enthusiast, with a life mantra: “To succeed in life, you need three things: a wishbone, a backbone, and a funny bone!”

Akanksha Mishra

Founder & Principal Architect, Space Unfold Ventures

She earned the “Under 40 Elite Trendsetter Architect and Designer of the Year 2023” award. Her profound work in architecture, interior design, and art showcases meticulous attention to design, client needs, and vendor relationships, redefining luxury interior design and architecture.