CAMPAIGN BRIEF: BEC BRIDESON SET TO LAUNCH GLOBAL FEMALE PROCUREMENT INITIATIVE AT CANNES LIONS 2019
Found on Campaignbrief.com
Written by Ricki Green
Published on June 11 2019
The Badass Women panels are a new session representing the world’s most badass female business leaders and creatives who will share their outlook, experiences as well as paint a picture of what a badass future for the industry looks like.
“I am beyond grateful and cannot thank the Cannes Lions team enough,” Bec Brideson says, “But as Madison Avenue descends on La Croisette yet again, I’m here to pose the question – where are all the women-owned creative empires?”
Brideson is excited to talk about her initiative Women With Agency which she believes will not only resolve the continuing lack of female founder representation, but enable more women to build creative empires through fairer public and corporate procurement opportunities. Bec is proud to have grown her businesses successfully but fought for many years with innumerable barriers including access to these exact opportunities. She has observed the same struggle for many other female-founded businesses both in Australia and globally, with many leaving the game or closing their doors.
Says Brideson: “In the last two decades, female enterprise has risen 46% but women are still kept out or forced from the game. This is bad for overall business. Studies have found that 34% of companies who diversified their supplier base with women-owned businesses reported a positive impact on their profitability and that a gender equal labour market could add as much as $12T to global GDP.”
Women-founded businesses receive only 1% of global public procurement revenues and only 1% of global corporate procurement dollars. Bec Brideson believes we should redress the diversity of our suppliers and support women by opening the door to greater networks and pitch opportunities through more transparent and open procurement practices.
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