Skip to main content

Women corporate leaders aspire to bigger roles, demand flexible working hours

Women executives aspire to climb the corporate ladder, but child-care responsibilities have created a speed-bump. Significant minorities report experiencing discrimination and exclusion from “old boys networks” in China and India. Women would like to have more flexible working hours as well as being able to take a few years break from work and re-enter smoothly. These are the findings from a pro-bono survey conducted by strategic market research consultancy Spire Research and Consulting in October 2014.

Spire’s survey of 300 female respondents holding executive and managerial positions in companies in China, India and Malaysia (100 per country) concentrated on the corporate aspirations of women, impediments they felt they faced and solutions they favored. The survey used a hybrid online and telephonic interviewing methodology.
98% of the women surveyed in India aspired to grow into a corporate leadership position. The comparable figure for both China (85%) and Malaysia (90%) is similar. It would appear that female executives are not comfortable with taking a back seat and want to advance professionally.

However very few women have been able to make it to the top positions in their respective organizations. This raises the question of what is slowing women down in the career space.

Of the three biggest challenges holding back these ambitions, inflexible working hours was the one that all three countries had most in common. This was followed by juggling childcare and work – a huge concern in China (85%), though a minor one in India (12%). Significant minorities (20% to 40%) cited discrimination as the third biggest impediment, with China and Malaysia recording this as far more significant than India. However in India, respondents did complain of an “old boy’s network” that held them back (38%).
Need for flexible working hours cited as a challenge
Interestingly, 45% of the respondents in Malaysia did not mention any difficulty with balancing their work-life obligations and considered their work environment healthy.
Another interesting finding was that only 12% of Indian female executives reported challenges from combining child-care and work.

Leveling the corporate playing field: What is to be done?

When it came to suggesting solutions to level the corporate playing field with men, most women highlighted flexible working hours with work-from-home options – 85% in China and 73% in Malaysia.

The next most commonly suggested solution was to have the freedom to also take a few years break from work and re-enter smoothly cited by 63% in India, 47% in Malaysia and 57% in China.
Mentorship programs for women leaders at work came third. This was highlighted as another attractive solution by respondents in China (45%) and Malaysia (51%).

Women in India offered various solutions that consisted of availability of childcare at work (26%) as well as company hotlines to report discrimination or harassment (27%). This might be an indication that women do not feel safe at their workplace or encounter compromising situations.

Role models drive excellence
Many women pointed to the dearth of competent women corporate leaders as a major stumbling block to success in their respective careers. With not enough female role models to look up to, women tend to underestimate their talent in contrast with men. Women in India (51%) and women in China (23%) denied having role models respectively.
Interestingly, 8% of the respondents in Malaysia looked up to family members such as mothers and sisters as role models – showing that role models need not be either famous celebrities or woman business leaders.
A minority of the women interviewed looked up to personalities such as renowned journalist Barkha Dutt (12%) and Managing Director of ICICI Bank – Chanda Kocchar (7%) in India, and Former United States Secretary of State, Hillary Clinton (12%) in China respectively.

Conclusion

The Spire study points to a gap between the ambitions that women have to be equal candidates for leadership in the corporate workplace, and the outcomes they are getting. While flexible hours and work-childcare issues were key impediments, significant minorities report discrimination and exclusion as well. Flexible working hours are a key solution that respondents offered, followed by the ability to take breaks for a few years and mentorship programs for female executives in the workplace.
Levelling the playing field between women and men is important not only for enabling the self-realization of women but also from the standpoint of the company and society – unshackling a tremendous leadership talent pool that is currently under-utilized.

Annex
Profile of respondents for China, Malaysia and India

Comments

Popular posts from this blog

IT investments to pour into India’s healthcare sector

India’s IT association Nasscom and GE Healthcare have forged a strategic partnership to co-create solutions for healthcare challenges through digital applications, remote and connected care among others. The partnership aims to provide cheaper, faster and more effective solutions for treating diseases while revolutionizing the relationship between medical professionals and patients to empower patients. Will tech investments digitalize healthcare in India? Get more information :  https://www.spireresearch.com/newsroom/spirethoughts/it-investments-to-pour-into-indias-healthcare-sector/

Africa’s aviation sector opens up

When the African Union (AU) launched the Single African Air Transport Market (SAATM) in January this year, it finally opened up Africa’s skies. 23 signatories on board, though another 32 AU members are yet to sign on. SAATM’s launch is a part of AU’s Africa 2063 project, which is a commitment to intra-continent development. If a common regulatory framework is put into place, this could benefit intra-continental travellers immensely, thus boosting commerce and tourism flows among African countries. Will Africa become the world’s next big aviation market? Read more here:  https://www.spireresearch.com/newsroom/spirethoughts/africas-aviation-sector-opens-up/

Spire speaks on ICT sector at the GATES Vietnam ICT Channel Summit in Da Nang

Spire was honored to participate in the GATES Vietnam ICT Channel Summit 2019 as Event Partner. The Summit was held on 11-13 December, in Da Nang. Japnit Singh, Deputy Chief Executive Officer of Spire Group, shared his insights on scope and opportunities. Japnit discussed how the ICT sector in Vietnam holds lucrative opportunities. The country boasts the fastest growing economy in South-East Asia with around 13% GDP (Gross Domestic Product) growth for manufacturing from FDI (Foreign Direct Investment) in 2018. With the 4th fastest download speed in ASEAN, Vietnam’s digital economy continues to grow. E-commerce growth is expected to be 14% from 2019 to 2023, with 97% of online purchases executed through mobile phones. The government’s Digital Economy 2020 plan aims to promote smart cities across the country by 2030. Regulatory reform aims to ease digitization in the government and encourage local businesses to adopt technology. To that end, the government plans to is...

The Trump Presidency: One year on

One year since President Trump took office, what has been the impact for businesses in Asia? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in The Business Times – Views from the Top section on 27 November 2017 on the impact on global economy. Thus far, Donald Trump’s Presidency has not been bad for the American stock market and the US dollar. However, the expected infrastructure spending and tax cuts, which drove stock market exuberance in 2016, are still far from being realized and could well be at risk. Perera opined that President Trump’s withdrawal from the Trans-Pacific Partnership (TPP) has caused a strain in global trade relations and has raised the risk of trade frictions. President Trump has also overseen a decline in US influence in the Middle East and Asia. However, the basic fundamentals of the US economy remain strong thanks to its world-class universities, innovative companies, confident consumers, a strong start-up sector as well ...

India ranks among the world’s top compact SUV markets!

India overtook Japan in 2017 as the third largest manufacturer of compact SUVs. Big players such as Renault, Mahindra & Mahindra, Ford Motor, Hyundai Motor, Maruti Suzuki and other SUV manufacturers sold 457,698 compact SUVs in 2017 – over four times the unit sales in 2015, at 107,634. While 2016 saw shrinking sales for this vehicle category in China and the USA, sales in India grew nearly 50% from 307,365 units in 2016. Will India overtake China as the world’s largest compact SUV market? For more information, click here.