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Good practice Imported

Novatore's Vision: Championing Women's Leadership and Economic Growth in the Baltics

Latvia · Riga · Transnational · See the Latvia profile

Novatore stands as a beacon for women's economic empowerment and gender equality, offering a suite of services designed to equip women with the knowledge and skills necessary for securing positions on management and supervisory boards. With a team of seasoned business professiona

Novatore's Vision: Championing Women's Leadership and Economic Growth in the Baltics

Details

Maturity
Established
Promoter
Ltd "Novatore" — website
Power domain
Social Power
Methods / tools
Awareness-raising
Region (NUTS)
LV00
Keywords
Women’s Economic Empowerment, Gender Equality, Leadership Positions, Novatore Impact Summit, Management and Supervisory Boards

Context

Despite 93% of Baltic residents agreeing that women and men should have equal rights, the Novatore Baltic Gender Equality Barometer 2022 found that nearly half still believe men and women do not enjoy the same rights in practice — gender stereotypes remain embedded in Baltic society.

Objectives

Bolster economic development through women's economic empowerment and increase women's representation in top leadership roles, under the principle 'by women, for everyone.'

Activities

Novatore runs events for business professionals, most notably the annual Novatore Impact Summit — discussions, workshops and networking aimed at spotlighting issues women in the Baltics see as critical for economic development and leadership diversity.

Conclusions

The record is a self-reported description of the organisation's mission and its flagship Summit; no independent evaluation of impact on women's leadership representation is described.

Implementation
Indicative cost
Low (< €50k) — Low direct cost: an annual summit/events model run by a small professional team, rather than large-scale programme delivery.
Time to results
Medium (1–3 years) — Ongoing annual event (Novatore Impact Summit); no fixed end date.
Staffing & skills
Team of business professionals organising Novatore events and the Summit

Conditions for success

  • Annual recurring flagship event (Novatore Impact Summit) to sustain visibility
  • Partnership with academic/research bodies (e.g. University of Latvia) for legitimacy and data (Barometer)
  • Regional focus on the Baltics, aligning content with locally documented gender-equality gaps

Common failure modes

  • Awareness-raising format with no evaluated link to actual leadership-appointment outcomes
  • Relies on continued participation/sponsorship of business leaders
  • Barometer data describes societal attitudes, not the practice's own measured impact

Where it fits

Governance type
private company-led network/summit
Scale
transnational (Baltics)
Income level
upper-middle/high-income (Baltic states)

Commonly funded by

Own resources / municipal budget

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

Do you run this practice? Claim it — verified implementers get a public contact pathway and can propose corrections.

Data sources

Where this practice's information was retrieved from, and when.

Attachments

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