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Disrupting Unemployment

  • Preface
  • Case Studies
    • 2020 Legacy of Good Plan
    • 5by20
    • A-B
      • Activate
      • Apprenticeship Programme
      • Apprenticeship Programme
      • Automotive Manufacturing Technical Education Collaborative (AMTEC)
      • Born to Be
      • Bridge Academy London
      • Buen Trabajo (“Good Job”)
    • C-E
      • Centum Learning
      • Cherie Blair Foundation for Women
      • Coletivo
      • Dangote Academy of Learning and Development
      • Digital Jobs Africa
      • Dual Vocational Education and Training Programme
      • Enterprise Gardens
      • Entrepreneurship Mindset Index
      • Escola Escritório Programme
      • [email protected]
    • F-I
      • facealemploi.tv
      • Fast Start
      • Foundation Programme
      • Future Leaders Programme
      • Generation (Social Initiative)
      • Global Education Initiative – STEM Brazil Learning Programme
      • Global Girls Entrepreneurship Project
      • Global Internship Programme for Unemployed Youth
      • Google for Entrepreneurs
      • Helping Women Get Online
      • Infrastructure Leasing & Financial Services Skills Development Corporation
      • Internship Programme
      • It’s TYME and Unlocking Youth Potential (UYP)
    • J-L
      • JOBLINGE
      • Junior Achievement and Marsh & McLennan Companies
      • Junior Power
      • Juntos por el Empleo de los Mas Vulnerable (“Together for Employment for the Most Vulnerable”)
      • LEAP Mentorship and Coaching Development Programme
      • Leveraging Unique Talents of People with Autism
      • Lifelong Learning Apprenticeship
      • Linking Postgraduate Students with Job Opportunities
      • Localizing a Business Process Outsourcing Industry
    • M-P
      • Made in Italy
      • Management Trainee Programme
      • Movement for Alternatives and Youth Awareness (MAYA)
      • National Industrial Training Institute
      • National Youth Policy 2014
      • Nayee Disha (“New Direction”)
      • Nestlé needs YOUth
      • Networking Academy
      • Pan African Graduate Development Programme
      • Partnership for Economic Opportunities through Technology in the Americas (POETA)
      • PepsiCo México Foundation
      • Project Business
      • Prominp
    • R-T
      • REACH Project
      • Satya Bharti School Programme
      • Saudi Aramco Entrepreneurship Center
      • Save the Children and Accenture
      • Sino-German Automotive Vocational Education Project
      • Skills to Succeed Academy
      • Solutions for Youth Employment Coalition (S4YE)
      • StartUp Europe
      • StreetWise Partners Career Ventures Programme
      • Strengthening Rural Youth Development through Enterprise Programme (STRYDE)
      • Sustainable Living Young Entrepreneurs Awards
      • TEACH Ambassadors
      • Teacher Support Programme
      • Think Forward
      • Tshepo 10 000 (“Hope”)
    • U-Z
      • Udaan Programme
      • Upstream Professional Development Center
      • Vocational Training Cooperation
      • Women Development Programme
      • Women Employment Organization
      • Young Entrepreneurs Incubation Programme and Business Skills Development Programme
      • Youth Business International
      • Youth Employment Accelerator
      • Youth Unemployment Initiative
      • YouthActionNet
Disrupting Unemployment   Cherie Blair Foundation for Women
Home
Disrupting Unemployment   Cherie Blair Foundation for Women
Home
Disrupting Unemployment Home
  • Report Home
  • Preface
  • Case Studies
    • 2020 Legacy of Good Plan
    • 5by20
    • A-B
      • Activate
      • Apprenticeship Programme
      • Apprenticeship Programme
      • Automotive Manufacturing Technical Education Collaborative (AMTEC)
      • Born to Be
      • Bridge Academy London
      • Buen Trabajo (“Good Job”)
    • C-E
      • Centum Learning
      • Cherie Blair Foundation for Women
      • Coletivo
      • Dangote Academy of Learning and Development
      • Digital Jobs Africa
      • Dual Vocational Education and Training Programme
      • Enterprise Gardens
      • Entrepreneurship Mindset Index
      • Escola Escritório Programme
      • [email protected]
    • F-I
      • facealemploi.tv
      • Fast Start
      • Foundation Programme
      • Future Leaders Programme
      • Generation (Social Initiative)
      • Global Education Initiative – STEM Brazil Learning Programme
      • Global Girls Entrepreneurship Project
      • Global Internship Programme for Unemployed Youth
      • Google for Entrepreneurs
      • Helping Women Get Online
      • Infrastructure Leasing & Financial Services Skills Development Corporation
      • Internship Programme
      • It’s TYME and Unlocking Youth Potential (UYP)
    • J-L
      • JOBLINGE
      • Junior Achievement and Marsh & McLennan Companies
      • Junior Power
      • Juntos por el Empleo de los Mas Vulnerable (“Together for Employment for the Most Vulnerable”)
      • LEAP Mentorship and Coaching Development Programme
      • Leveraging Unique Talents of People with Autism
      • Lifelong Learning Apprenticeship
      • Linking Postgraduate Students with Job Opportunities
      • Localizing a Business Process Outsourcing Industry
    • M-P
      • Made in Italy
      • Management Trainee Programme
      • Movement for Alternatives and Youth Awareness (MAYA)
      • National Industrial Training Institute
      • National Youth Policy 2014
      • Nayee Disha (“New Direction”)
      • Nestlé needs YOUth
      • Networking Academy
      • Pan African Graduate Development Programme
      • Partnership for Economic Opportunities through Technology in the Americas (POETA)
      • PepsiCo México Foundation
      • Project Business
      • Prominp
    • R-T
      • REACH Project
      • Satya Bharti School Programme
      • Saudi Aramco Entrepreneurship Center
      • Save the Children and Accenture
      • Sino-German Automotive Vocational Education Project
      • Skills to Succeed Academy
      • Solutions for Youth Employment Coalition (S4YE)
      • StartUp Europe
      • StreetWise Partners Career Ventures Programme
      • Strengthening Rural Youth Development through Enterprise Programme (STRYDE)
      • Sustainable Living Young Entrepreneurs Awards
      • TEACH Ambassadors
      • Teacher Support Programme
      • Think Forward
      • Tshepo 10 000 (“Hope”)
    • U-Z
      • Udaan Programme
      • Upstream Professional Development Center
      • Vocational Training Cooperation
      • Women Development Programme
      • Women Employment Organization
      • Young Entrepreneurs Incubation Programme and Business Skills Development Programme
      • Youth Business International
      • Youth Employment Accelerator
      • Youth Unemployment Initiative
      • YouthActionNet

Share

Key Partners

 

Status

Start year of the initiative:
The Mentoring Women in Business Programme was first launched in 2010, and the first year with Marsh and McLennan was in 2013. Still ongoing.

Next steps of initiative:
Modification of scope: In 2015, the aim is to engage at least 30 additional colleagues

Impact

Country(ies) of impact: 
Female Entrepreneur Mentee location: China, Costa Rica, Croatia, Fiji, India, Kenya, Malaysia, Nigeria, Palestine, Pakistan, Philippines, Rwanda, Serbia, South Africa, Tanzania, United Arab Emirates

   

 

Number of people impacted annually: 
~40 colleagues and ~40 mentees

  

 

Time to intended impact:

Less than 2 years

 

Metrics:

  • Employee engagement
  • Reputation
  • Return on investment (ROI)
  • Social ROI
  • Performance evaluation/grades of participants
  • Graduation rates of participants Increased wages of participants
  • Partnerships developed
  • Content training/modules and training offered
  • Health and security of entrepreneurs’ businesses

Benefit to organization: 

  • Direct benefit on organization

Key Partners

 

Status

Start year of the initiative:
The Mentoring Women in Business Programme was first launched in 2010, and the first year with Marsh and McLennan was in 2013. Still ongoing.

Next steps of initiative:
Modification of scope: In 2015, the aim is to engage at least 30 additional colleagues

Impact

Country(ies) of impact: 
Female Entrepreneur Mentee location: China, Costa Rica, Croatia, Fiji, India, Kenya, Malaysia, Nigeria, Palestine, Pakistan, Philippines, Rwanda, Serbia, South Africa, Tanzania, United Arab Emirates

   

 

Number of people impacted annually: 
~40 colleagues and ~40 mentees

  

 

Time to intended impact:

Less than 2 years

 

Metrics:

  • Employee engagement
  • Reputation
  • Return on investment (ROI)
  • Social ROI
  • Performance evaluation/grades of participants
  • Graduation rates of participants Increased wages of participants
  • Partnerships developed
  • Content training/modules and training offered
  • Health and security of entrepreneurs’ businesses

Benefit to organization: 

  • Direct benefit on organization

Cherie Blair Foundation for Women

Submitted by Marsh & McLennan Companies

Objective

To provide women with the skills, technology, networks and access to capital they need to become successful small and growing business owners.

Overview and Main Activities

The Cherie Blair Foundation for Women and Marsh & McLennan Companies (MMC) have partnered to support female entrepreneurs in developing and emerging economies through online mentoring; helping to build their confidence, capability and access to capital.

The online mentoring platform has been developed in collaboration with Google and allows female entrepreneurs to work with mentors from around the world, to build their information and communications technology (ICT) and business skills, and expand their networks and enterprises over the course of a year.

MMC have supported the Foundation’s Mentoring Programme since 2013.
MMC collaborates with their talent teams by identifying mentor candidates. The Foundation matches the mid-to-senior level employees who serve as mentors with female entrepreneurs, and helps the pairs build mentoring relationships during the year they spend working together online.

The online mentoring programme is benefiting:

  1. International development and women’s economic empowerment: The results to date demonstrate that mentoring plays a pivotal role in supporting women entrepreneurs as they break down barriers that prevent them from growing their businesses. Evidence from MMC assessments indicate that the model, which makes mentoring, training, support and peer-to-peer learning accessible to women around the world, is providing critical support to bright and ambitious female entrepreneurs.
  2. Professional development opportunity for mentors: Mentoring provides a learning and growth opportunity for employees who serve as mentors. They benefit by expanding their horizons, building their leadership and business skills, revitalizing interest in their own careers and applying their skills in a new context. This can nurture new leaders within a company, serve as a retention and leadership-development tool, stimulate innovation and drive cultural awareness.

Since the Foundation launched its mentoring programme in 2010, it has matched over 1,200 female entrepreneurs with mentors. The programme has a global reach: mentees come from over 55 countries in Africa, Latin America, the
Middle East and Asia, including Brazil, China, Honduras, India, Malaysia, Nigeria, Pakistan, Palestinian Territories, and Tanzania, and mentors come from over 45 countries, including Australia, Canada, France, Israel, Switzerland, the United Kingdom and the United States.

Success Factors and Challenges

Most critical success factors:

  • Corporate Social Responsibility (CSR) department support (the partnership is owned/managed by the CSR team)
  • Human Resources department support, which helps identify candidates who have made exceptional contributions to the company and nominates them to participate in this skills-based volunteering/professional development opportunity 
  • Partner support from the Cherie Blair Foundation for Women 

Main challenges:

  • Funding/budget support
  • Communicating about the opportunity

Replicability and Scalability

How easily could other organizations implement this initiative?
Very easy

How easily can this initiative be expanded to include a larger number of participants?
Very easy

About the Organization

Website: www.mmc.com
Sector: Professional Services
Size (number of employees): 50,000 – 100,000
Headquarters: New York, United States

For Further Engagement

Contact name: Tara McTeague
Contact position: Program Manager
Email: [email protected]

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