Added: Charnee Cifuentes - Date: 05.04.2022 22:37 - Views: 36812 - Clicks: 9452
They are relatively lucky. A report from McKinsey, a consultancy, shows that Asian women lag far behind. There are exceptions. Singapore too has a large of women in senior management see chart. But elsewhere the picture is mostly dire, and not necessarily because the countries concerned are poor. In Japan and South Korea, both rich, women are about as likely to sit on boards as men are to serve tea. In India only about one woman in three has a formal job, though millions sweat on farms and in family businesses.
Education is unequal, too. But even in Asian countries where plenty of women leap from college onto the corporate ladder, they do not climb as high as men. In Asia, an additional hurdle is the lack of public services to support families, such as child care.
So is it just a question of waiting until Asia catches up with the West?
Having studied large companies and quizzed 1, executives in ten Asian countries, they conclude that, unlike their Western counterparts, Asian senior managers are not very interested in the subject. The McKinsey authors think such managers are misguided. They point to companies in Asia that have done well out of recruiting lots of women, such as Shiseido, a Japanese cosmetics company whose customers are mainly femaleand Cisco, an American technology firm which snaps up Asian female talent. It is one of several Western firms that benefit from Asian sexism, in that it is easier to recruit good women when their compatriots ignore them.
Women could help fill the gap.
Judging by what they told pollsters, they were also more ambitious than Western women, and more loyal to their employers than men. Citing studies suggesting that firms with more women at the top perform better, the McKinsey report urges Asian companies to do more to harness female talent. This article appeared in the Business section of the print edition under the headline "Untapped talent". Business Jul 7th edition. Reuse this content The Trust Project.
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