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Taking Advancement of Women Global

Taking Advancement of Women Global 2007 Colloquium on Global Diversity Washington D.C. March 8 - 9, 2007. Agenda. About Scotiabank Early Approach Relaunch Success Taking It Global. About Scotiabank.

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Taking Advancement of Women Global

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  1. Taking Advancement of Women Global 2007 Colloquium on Global Diversity Washington D.C. March 8 - 9, 2007

  2. Agenda • About Scotiabank • Early Approach • Relaunch • Success • Taking It Global

  3. About Scotiabank Scotiabank is pursuing today’s global opportunities as the most international of Canada’s major banks. Scotiabank and its affiliates serve approximately 12 million customers through close to 2,200 branches and offices with nearly 57,000 employees in some 50 countries around the world.* * Each dot indicates a branch or office in a major centre.

  4. Background – Advancement of Women (AoW) • Taskforce • Compliance • No accountability • No visibility • No progress

  5. Relaunch of AoW Initiative • Initiative Relaunched • Global Employee of Choice • Strong Business Case • Senior Level Steering Committee

  6. The Business Case • Improve Business Performance • Maintain competitive position in • the war for talent • Leverage existing diverse talent pool

  7. AoW Strategic Framework • Senior Management Commitment • Accountability Framework • Networks • Leverage External Presence • Broaden & Deepen Talent Pool • Clarify the Career Advancement Process • Mentoring

  8. Success

  9. Taking AoW Global • Leveraging our Canadian success • Laying the groundwork for International

  10. AoW Field Committee Steering Committee Corporate HR Country Head/Local HR WIN Champion AoW Governance Structure

  11. Learnings • Cultural Variances/Diverse Regions • Absence of Metrics • Lack of Role Models • Concept of Work/Life Balance • Integration Activities

  12. Critical Success Factors • Local research • Establishing benchmarks • Communicating business case, objectives & goals • Localization • Staying business-focused

  13. Where We Are Today • Launched AoW to pilot countries in 2006 • Commitment to launch to remaining countries by end of 2007

  14. Embedding AoW in International • Business case that addresses local cultural and societal factors • Securing and demonstrating senior-level commitment • Momentum and visibility

  15. Progress to Date • Bahamas • Barbados • Chile • Dominican Republic • Trinidad & Tobago • Puerto Rico • Mexico

  16. We’re on the Right Track • Mexico – Top 50 ‘Great Places to Work’ • Dominican Republic – 3rd Most Admired Organization • Trinidad & Tobago – Employer of Choice for Women • 1st Female Region Head • Female Country Heads

  17. What’s Next for Scotiabank • Strengthen our Global Employer of Choice position • Sustain results achieved in Canada by extending deeper into the talent pool • Maintain momentum in International by supporting the global launch/execution of the Advancement of Women initiative

  18. Questions?

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