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Tailored Approaches Needed for Gender Balance in Asia

The lack of gender parity in leadership roles, pay and conditions is a worldwide phenomenon but particularly pronounced in Asia. As described in a white paper released on the occasion of International Women’s Day, our findings from in-depth interviews with 42 men and women across Asia’s financial services and technology industries, show that 86 percent of respondents believe gender discrimination is still prevalent in the Asian workforce. Meanwhile 79 percent felt that this discrimination is mostly unconscious, meaning without the intent to discriminate. Caused by widespread “second generation gender bias”, such discrimination is particularly dangerous because it is hidden. It is one reason for the numbers of women managers rapidly tapering off as they ascend the Asian corporate ladder, leaving the higher echelons of management and boards overwhelmingly populated by men. Gender initiatives to bridge the gap have so far failed to connect. Statistics like female board representation rates demonstrate this. South Korea, with less than 3 percent, and Japan, with less than 8 percent, illustrate one extreme of women board representation rates in Asia. Singapore is only at about half of its stated target of 20 percent by 2020 and while the situation looks better in Australia (27.4 percent), there is still a long way to go. In many ways, Asia is still catching up with basic initiatives already prevailing in many parts of the world. The good news is that executives we spoke to across the region, both men and women, recognised the need for urgent action. They shared with us a clear picture of what’s working, what isn’t and what companies need to do more of. We interviewed women in senior leadership positions and mid-level roles, as well as men in senior positions (who were identified as champions of change by their women colleagues). One finding that... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Tailored Approaches Needed for Gender Balance in Asia, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Tailored Approaches Needed for Gender Balance in Asia

 

 

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Published By: Thailand Business News - Wednesday, 11 April, 2018

 

 

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