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RFP: Academic Partner, Leadership and Diversity Program for Regulators
ISSUE DATE: February 12, 2018
SUBMISSION DATE: March 15, 2018
***EXTENDED SUBMISSION DATE: March 30, 2018
***EXTENDED SUBMISSION DATE: April 9, 2018
Women’s World Banking is seeking an academic partner to collaborate in the development and delivery of leadership sessions for our global Leadership and Diversity Program for Regulators. The objective of the program is to strengthen leaders and policy-makers to advance financial inclusion for women. The assignment will be on a contract basis.
ABOUT WOMEN’S WORLD BANKING
Women’s World Banking is the global leader in women’s financial inclusion. Rooted in our deep understanding of the women’s market, we tackle financial inclusion in three interconnected ways: first, by partnering with financial services providers to develop scalable market-driven solutions; second, through our gender-lens private equity fund; and, finally, because diverse institutions are proven to be stronger, we build institutional capacity through leadership and diversity programs. Through this holistic approach and our global reach of 49 institutions in 32 countries, we accelerate economic opportunity for low-income women and growth for financial service providers in the emerging markets.
Women’s World Banking has trained over 800 leaders representing 168 institutions in 70 countries since launching our flagship Women in Leadership Program over ten years ago. Building on a decade of investing in diverse leaders at the helm of high-performing financial institutions committed to better serving women, Women’s World Banking is currently in the fourth year of the Leadership and Diversity for Innovation Program. Participating leaders agree that being part of the Program has catalysed their success and helped them develop greater awareness and passion for promoting diverse talent and more inclusive organizations.
ABOUT THE PROJECT
Building upon the success of our Leadership and Diversity for Innovation program, Women’s World Banking proposes to adapt its offering to drive leadership and gender diversity among banking regulators. The goal of the Leadership and Diversity for Regulators Program (the Program) is to ensure women are central to their financial inclusion strategy, both as clients and as staff.
The Program brings together up to 20 senior officials or Deputy Governors from central banks and other regulatory agencies in developing economies, along with 20 high-potential women from their respective institutions. The Program equips the participants with tools to influence internal and external stakeholders in the creation of a financial inclusion strategy for women.
Each senior official drives the policy initiative, with the involvement of the high-potential woman, while supporting her professional development and building a sponsorship relationship over the year-long program. Participants will learn to adopt new leadership techniques to progress their policy initiative through individual and team activities, including classroom training, peer exchanges, and topical webinars. Program offerings include an Executive Forum for the senior officials, with simultaneous Women in Leadership sessions for the high-potential women.
The Program provides tailored training for the two tracks:
- Senior Official/Deputy Governor Track: Participants are Deputy Governors or higher-level executives. The Program enhances the ability to manage change through increasingly complex roles and environments. Curriculum will be determined by a needs assessment conducted by Women’s World Banking. Topics may include strategic leadership, high-stakes decision making, change management, influencing critical stakeholders, economic and social policies that benefit women and helps achieve economic equality. Executives will stand out as role models committed to the benefits of gender diversity and building an inclusive economic environment.
- Women Leader Track: Participants are high-potential women already identified as leaders within the organization who aspire to take on increasingly responsible roles. The Program offers profound personal and professional development, career enhancement, the chance to serve as role models for other female employees, and bring a diverse leadership voice to the decision-making table.
The sustained engagement with experts and peers throughout the Program offers mutual learning and support as participants develop their policy initiative to ensure the financial inclusion of women. The Program will also build awareness of the importance of advancing women and capacity to strengthen their future leadership pipeline.
OBJECTIVES AND RESPONSIBILITIES
The objective of the consultancy is to design and deliver leadership sessions for the Senior Official/Deputy Governor Track. The consultant will recommend topics aligned with the programs’ core curriculum and relevant to the context in which participants are operating.
SCOPE OF WORK
The academic partner will engage in the following activities over the course of the assignment:
- Consult with Women’s World Banking to understand our approach to leadership development;
- Curriculum advisement, design module outlines and content, delivery methodology and course materials;
- Serve as faculty, delivering the session(s); and
- Provide inputs to session evaluation.
Curriculum design is scheduled to begin in Q2/Q3 2018.
The first in-person engagement will take place in April of 2019, followed by a second engagement inApril 2020. Please note that any modules designed will be used in both planned engagements.
Location is soon to be determined.
- Highly recognized universities that offer executive leadership programs;
- Academic expertise in policy, regulation and governance with comprehensive knowledge of leadership, organizational behavior and change management;
- Experience designing and delivering dynamic and effective training modules for executives, work with global audiences strongly preferred;
- Knowledge of financial inclusion and social impact, preferred;
- Capability to offer e-learning content;
- Can provide on and off campus delivery options; and
- Commitment to content development in 2018 and delivery in 2019 and 2020.
Please submit your application of no more than 5 pages no later than
March 15, 2018 March 30, 2018 April 9, 2018 at midnight EST.
Please include in your application:
- Proposal including your approach for the potential engagement detailing:
- Curriculum design/customization methodology for global audience;
- Suggested topics that would resonate with audience around economic and social policies that impact women;
- Faculty members -brief bios highlighting areas of expertise in public policy; and
- List of available e-learning modules and sample of virtual content.
- A detailed fee proposal that includes cost of curriculum development and delivery. Fee proposal should include two options:
- Consultation and program curriculum advisement; and
- Costs for an on-campus delivery; and costs for faculty members to deliver the training modules offsite (no facilities provided by academic institution).
Applicants may submit their question(s) in writing to email@example.com. Please include in the e-mail subject line “Questions: Leadership and Diversity Program for Regulators.” This RFP does not guarantee or commit Women’s World Banking to proceeding with the above described work.
Women’s World Banking is an equal employment opportunity for all regardless of race, color, citizenship, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, veteran or reservist status or any other category protected by federal, state or local law.
Women’s World Banking will be unable to contract with any individual who is US citizen or resident without an LLC or LP or similar structure.
Q: Would UK based institutions be eligible to apply?
A: Yes. This is a global search and academic institutions outside of the US are encouraged to submit a proposal.
Q: What is the budget limit and the expected duration of training for each track of the training programs?
A: At this time we will not be able to share our budget limits. Each track has multiple virtual and in-person elements. The in-person component would be approximately a week long engagement. The virtual sessions (1 or 2) are approximately 1 to 2 hour long. Curriculum design, delivery and consultation with our faculty will vary depending on the complexity of the curriculum and the elements designed by the academic partner. We are looking at the possibility of two or three modules design and delivered by the academic partner in year one.
Q: Are the certificates co-branded with the academic partner?
A: Women’s World Banking is flexible. Certificates can be either co-branded or two separate certificates can be presented to the participants. One from Women’s World Banking and one from the academic partner.
Q: Will marketing collateral require co-branding?
A: Yes, brochures and other marketing collateral will require co-branding with the academic partner. Details on language and logo use can be discussed during the contract review process.
Q: Is the “senior level official” participant track only for women?
A: No, the senior level officials track is open to both men and women.
Q: Is the 5 day FtF program for the 20 senior officials/deputy governors leaders distinct and separate from the 20 women leaders 5 day FtF program or will they come together for the same training?
A: Both cohorts will be attending the in-person touchpoint on the same week. The two cohorts will work in parallel for the first three days of the program and will come together on the last two days.
Q: In order to finalize a firm- fixed price that covers expenses, do you have a sense of location – WWB HQ in NY or somewhere across the globe? We will include pricing for facilitation at our site.
A: The location will be determined once the academic partner has been identified. Please provide pricing for an in-house option at your facilities, including sleeping accommodations (if provided), venue and conference package. Please provide travel rates for faculty members, in the case that the program is delivered in a location outside of the academic institution.
Q: Is the on campus delivery scheduled for March/April 2019 and March/ April 2020 the same as the in person engagement?
A: Yes- the campus delivery “In-person touchpoint” is the same and will take place in Q1 2019 and Q1 2020.
Q: Would the curriculum need to be translated into different languages? Is so, how many and which languages would be required?
A: The curriculum would be developed in English. In the case that translation is required, Women’s World Banking will manage that process internally.
Q: Is there a limit on indirect costs?
A: Although there isn’t a limit on indirect costs, we will be considering cost as a criteria in selecting a partner.