South Asia is facing a wake-up call as it is chasing the world in its efforts to address gender inequality, one expert told CNBC.
The· World Economic Forum predicts It can now take 195 years to reach gender equality in the region. This is 59 years longer than the world average.
Shallmini Wayne Wright, managing director of recruitment agency Michael PageAustralia, told CNBC.
“This is probably a good moment of awakening,” Wayne Wright said Thursday.
India in particular has a long way to go in this regard, she said. That pandemic And other cultural and demographic issues have made it an “incredibly challenging year” for the country. Currently, only 13% of senior management in India are women.
“There’s a long way to go,” Wayne Wright said. “Big Indian companies really need to drive change (if needed).”
The findings are provided as part of a broader WEF study of the impact of pandemics on gender inequality. Current, It takes 135.6 years to reach gender equality — A longer generation than previously thought.
Studies show that Western Europe is at the forefront of gender equality, with the gap estimated to close in 1993, followed by North America (1987), Latin America and the Caribbean (1969). ..
However, there were signs of progress in other parts of Asia Pacific. Most notably, in Thailand more than half (53%) of senior management will be women in 2020.
Those Elderly female executive Especially within multinational companies in the manufacturing and supply chain sectors, they tended to be a combination of international talent and domestically grown talent.
“You have an economy and a market that is moving very rapidly and pursuing talent very aggressively,” Wayne Wright said.
She added that certain industries, such as manufacturing, are the result of decades of collaborative efforts to attract and nurture a pipeline of female leaders.
“Twenty years later, I now enjoyed an extraordinary career in this area and realized the benefits of individuals who played a leading role in it,” she said.
Still, today too few women play the role of CEO, the CEO.
According to the report, the top three positions held by senior female executives were Chief Financial Officer, Marketing Director, and Legal Director.
Wayne Wright said he called on men to become better allies as the next “big breakthrough that needs to happen.”
“How do you get into that number one seat? It hasn’t come yet,” she said.
“This conversation is about men as well as women. They are usually in the most influential position to make changes and make decisions.”
South Asia faces a wake-up call as it lags behind global gender equality.
Source link South Asia faces a wake-up call as it lags behind global gender equality.