Each month, Gulf Business will feature an interview from the book Game Changers: How Women in the Arab World are Changing the Rules and Shaping the Future by David B. Jones, Sophie Le Ray and Radhika Punshi. In this issue, the authors speak to Noor Sweid, managing partner at venture capital firm Leap Ventures
Noor Sweid is the managing partner at Leap Ventures, a venture capital firm based out of Dubai and Beirut that invests in growth-stage companies and entrepreneurs focused on technology and innovation.
With experience as a strategy consultant in the United States, she joined her family business, Depa, in 2005. Scaling the business tenfold in three years, Noor led the initial public offering of the company, which became the first private firm to list its shares on the NASDAQ Dubai as well as the London Stock Exchange. She is also an active angel investor and mentor in the region, and her dedication to creating social impact has led her to teach at Zayed University and INSEAD.
Why is it important for companies to invest specifically in women’s leadership?
“Companies need to consider all their stakeholders when identifying priorities and strategies. These stakeholders include the financial shareholders, the community and the employees. In each of these instances, the stakeholders are better served when there are women in leadership positions specifically, a minimum of 30 per cent of board and management positions.
“From a financial perspective, companies with a minimum of 30 per cent in these positions outperform their peers with a 45 per cent higher return on equity, based on a 2013 study by the McKinsey Global Institute.
“From a community perspective, women raise and address issues that affect the greater community and population more frequently than men do, bringing a broader perspective of the company’s impact to management and leadership.
“As far as employees and people-matters are concerned, women address issues relating to this field in a more diplomatic approach than men, keeping the wider employee base in mind even when addressing specific matters, and ultimately increasing employee engagement and performance.
この記事は Gulf Business の July 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Gulf Business の July 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Green lights
It hasn’t even been a full year that Stellantis, one of the world’s biggest auto companies, has been in existence. Still, its wheels are spinning furiously. Here’s what it has in store for the region
Purpose through corporate responsibility
Every organisation must deeply reflect about whether they are leaving behind a legacy or a liability, says Abdulaziz AlSowailim, EY MENA chairman and CEO
Analysing the layers of a coconut
When we have a sense of clarity as to our purpose in life, then we institute the correct practices and habits around us, and set realistic and achievable results
DUNES TO DOMINION
FOR A COUNTRY RICH IN TRADITION AND DRIVEN BY AMBITION, THE UAE’S JOURNEY DURING THE PAST 50 YEARS HAS BEEN UNPRECEDENTED. WHAT’S IN STORE FOR THE NEXT 50?
Building strong
International investors are boosting Dubai’s residential property market, which has rebounded strongly from the Covid crisis, writes Aarti Nagraj
CHASING THE AMERCIAN DREAM
FOR SHAI ZAMANIAN, THE US IS A LAND OF LIMITLESS POSSIBILITIES, AN AVENUE HE AIMS TO OPEN FOR FAMILIES WORLDWIDE VIA IMMIGRATION. HERE’S HOW HE IS BRINGING HIS GOAL TO FRUITION
OBITUARY: JOCELYN HENDERSON (1921-2021)
THE GRANDE DAME OF ABU DHABI – THE WIFE OF A FORMER DIPLOMAT – PASSED AWAY IN THE UAE CAPITAL AGED 100
THE DIGITAL DISRUPTORS
IN THE COMING YEARS, THE GCC IS EXPECTED TO PLAY A SIGNIFICANT ROLE IN SECTORS SUCH AS HEALTHCARE, MANUFACTURING, EDUCATION AND RETAIL, WHICH WILL HELP BOOST THE GROWTH OF ITS NON-OIL ECONOMY
Signed, sealed, delivered
Nicolas Baretzki, CEO of Montblanc, partnered with one of the world’s most recognisable luxury brands, Ferrari, earlier this year. Here’s where the partnership, and the German company as well, is headed next
UP, UP AND AWAY
AS THE FIRST IN-PERSON AIRSHOW TO TAKE PLACE SINCE THE OUTBREAK OF THE PANDEMIC, THE EVENT SAW SEVERAL DEALS ANNOUNCED
