On April 22, 2014, Lee Kuan Yew School of Public Policy, Microsoft Thailand and Oxfam with the support of the Rockefeller Foundation organized an event “Women Leaders and the New Asian Century”. The symposium brought together senior leaders from government, corporations and non-profits to discuss questions on women’s leadership in Asia. The insights drawn from the symposium are summarized in the report Women Leaders and the New Asian Century.
A recently released survey by McKinsey reveals women are as, if not more, ambitious as men. According to a recent article highlighting the 2013 Women Matter results, “roughly the same ratio of male and female executives in the survey (83 percent versus 82 percent) have the desire to reach a top management position.” One of the key findings is that women are more likely to express a strong desire to advance in their organizations. 83 percent of female respondents, compared to 74 percent of male respondents said they have a strong desire to advance to the next level in their organizations.
Another key findings of the reports is the differences in how male and female executives view women’s leadership potential. Over 90 percent of survey respondents (of both genders) said they believe women can lead just as well as men. However, women responding to the survey were more likely to strongly agree with the statement.
Source: The Washington Post.
The survey sheds light in the obstacles women perceive to have in the workplace. A lot of the recent debate is centered around the idea that women do not feel that women don’t have confidence in the system in which they work. The survey results show that women see more obstacles in reaching top-management positions. This is important given perceptions may influence women’s decision to opt out if they believe they are not provided with the same opportunities of advancement as men.
Credit: McKinsey & Company, “Women Matter 2013—Gender diversity in top management: Moving corporate culture, moving boundaries”
Source: The Washington Post.
To learn more about women’s advancement in the workplace, visit Women Matter.
The recently released “Diversity Scorecard 2012: Measuring Board Composition in Asia Pacific” reveals that progress in improving diversity in executive boards across Asia’s leading companies has been slow. Most countries’ boards now have a slightly higher percentage of female directors, with female directors accounting for 16.7 percent, up from 11.2 percent in 2010.
Click on the link to read the full report.
Source: Korn Ferry Institute.
Last week saw the release of the annual Global Gender Gap Report from the World Economic Forum. Interestingly, Asia and the Pacific lead on political empowerment with 24% of its political gender gap being closed; the Middle East and North Africa takes last place for political empowerment at 7%.
Iceland has the smallest gender gap of the 136 countries in the report, and the other Nordic countries are close behind it. Yemen has the largest gap, followed by Pakistan, Chad, and Syria. The United States comes in 23rdplace. Saudi Arabia, where some courageous women stood up to a driving ban last weekend, ranks 127th out of 136 in the index overall.
To read the full report, visit the World Economic Forum site.
The editors of the HBR Blog Network recently published the stats below offer a startling glimpse into what work and leadership is like for women around the world. Click or tap the refresh button for a new fact, and share them with your friends, family and colleagues. For more about this blog post, please click on this link: HBR Women in the Workplace (September 2013)
A new report released by the Commission on Banking Standards suggests “the culture on the trading floor is overwhelmingly male.” It also suggests an increased number of women on the trading floor as possible solutions to rouge behavior and as a way to restore trust in the banking sector.
To access the full story, click on the following link.