30 C
Ho Chi Minh City
Tuesday, November 24, 2020

Women should be promoted to leadership positions: experts

Must read

Charity run to raise funds for charitable projects

HCMC – The British Chamber of Commerce Vietnam will organize a charity run at the British University Vietnam’s Ecopark campus in Hung Yen Province...

27 students rescued after losing way home from mountain picnic

HCMC – The local authorities have rescued 27 students who went missing during their picnic on Khau Mo Mountain in Huyen Tung Ward, Bac...

Vietnam likely to become super-aging country by 2050: deputy minister

HCMC – Vietnam entered an “aging phase” in 2011 and remains among the most rapidly aging countries in the world and, as such, might...

Three bridge projects along axis road connecting HCMC and Mekong Delta approved

HCMC – The People’s Council of the Mekong Delta province of Long An on November 18 gave its nod to the investment plans of...
HCMC – Enterprises and organizations should promote women to leadership positions to reduce the gender gap, said experts at a virtual event themed “Unleashing new waves of women leaders” held on November 17.

At the event, jointly held by the American Chamber of Commerce in Vietnam and ManpowerGroup Vietnam, Uyen Ho, director of global public affairs at Intel Products Vietnam & Malaysia, stated that organizations are revamping their recruitment, retention and talent development strategies to ensure a level playing field. These companies are backing up well-meaning intentions for gender parity.

Those with an inclusive mindset will emerge as attractive places for talent, which will help improve their financial performance.

Gender diversity in a sustainable way leads to the greater success of women in executive leadership positions, Uyen noted, adding that enterprises and organizations should ensure fairness in hiring, and apply policies of equal pay and benefits for males and females.

Meanwhile, women should believe in themselves, understand their strengths and weaknesses, set goals to achieve and be persistent.

According to ManpowerGroup, women make up more than 50% of the global workforce, but less than 25% of women occupy senior leadership roles.

Carine Rolland, People & Culture Director in Asia Pacific & Middle East at ManpowerGroup, said 42% of leaders believe flexible working is the key to getting more women in leadership and 33% of leaders say that better policies would reduce gender bias.

According to Thai Van Linh, an investor, mentor and mother, female-led companies have seen a significant increase in deal sizes, with the total capital raised by female-founded startups in 2018 reaching US$46.3 billion and the combined exit value for female-founded startups in 2018 amounting to US$26.3 billion.

She advised limited partners to invest in gender-balanced funds, ask the uncomfortable questions and mentor the mentors.

In addition, general partners should have at least one female investment director, take the call from women, collect data and conduct an inclusive drive at portfolio companies.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest articles

Charity run to raise funds for charitable projects

HCMC – The British Chamber of Commerce Vietnam will organize a charity run at the British University Vietnam’s Ecopark campus in Hung Yen Province...

27 students rescued after losing way home from mountain picnic

HCMC – The local authorities have rescued 27 students who went missing during their picnic on Khau Mo Mountain in Huyen Tung Ward, Bac...

Vietnam likely to become super-aging country by 2050: deputy minister

HCMC – Vietnam entered an “aging phase” in 2011 and remains among the most rapidly aging countries in the world and, as such, might...

Three bridge projects along axis road connecting HCMC and Mekong Delta approved

HCMC – The People’s Council of the Mekong Delta province of Long An on November 18 gave its nod to the investment plans of...

Work begins on three components of North-South expressway project

HCMC – On November 19, the Ministry of Transport began work on three components worth over VND4 trillion of the Mai Son-National Highway 45...