The Grundfos Initiative: A Commitment to Gender Diversity
Grundfos, a global pump manufacturer, has set ambitious goals to increase the number of women in leadership roles. Spearheaded by CEO Mads Nipper, the initiative aims to make women 25% of the company’s management by the end of 2020.
As of November 2019, Grundfos has made significant strides, increasing the percentage of female managers from 20% to 23%. This translates to 99 more female managers in just a year and a half.
Mads Nipper argues that gender diversity is not just a social issue but a business imperative. According to him, diversity fosters new ideas and better financial results.
Grundfos is also tackling unconscious bias, offering training to all managers. This aims to ensure that recruitment and promotion decisions are free from gender-based prejudices.