Magazine article New Zealand Management

Inbox: AMP Promotes Diversity in Leadership Development

Magazine article New Zealand Management

Inbox: AMP Promotes Diversity in Leadership Development

Article excerpt

Responding to the challenge of talent retention and promotion of diversity in leadership, AMP has launched a bespoke leadership development programme for its senior women.

The AMP Pathways Programme has modules on key leadership competency areas and one-to-one coaching. Participants are required to undertake a business challenge, with regular reporting to the AMP leadership team on progress.

The inaugural participants of the programme in 2013 will be trained in coaching so that they can in turn coach and mentor subsequent years' participants.

AMP's executive legal counsel Therese Singleton, one of the key drivers of the programme, explains: "AMP is absolutely committed to developing and supporting talented women within the business. It's in our interests as a business to foster talent and to ensure that our leadership pool is representative of, and responsive to, AMP's diverse customer base of over 370,000 New Zealanders."

AMP has worked with Strategic Direction Consulting director, Yvonne McLean, to develop and implement the programme.

McLean, who is also the programme director for Global Women's Women in Leadership Initiative, commented, "It's really encouraging to see large corporates like AMP lead by example. Positive recent initiatives such as the launches of DiverseNZ Inc. and the Women of Influence Awards have increased the call for greater diversity in senior management, but individual businesses need to take action to create that diversity within their own organisations. AMP has provided a great example stepping up and taking the initiative, and is a role model for other organisations, which I hope will follow suit."

Talented women are nominated from all areas of the AMP business to take part in the programme.The 2013 intake of 14 women from Auckland, Wellington and Christchurch, are from backgrounds including distribution, wealth management, finance, marketing, legal, HR, and customer services.

"Including participants from all areas of the business, and the commitment to run the programme annually, will see benefits across the AMP workforce in New Zealand," said Singleton.

The AMP Pathways Programme complements existing initiatives designed to support diversity, such as a flexible approach to working arrangements and hours, including job-sharing, part-time work and work from home. …

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