Skip to main content

Gender parity crucial to unlock economic growth in Japan

Japanese women are increasingly pursuing professional aspirations but are being held back by rigid social norms that discourage mothers from working. However, as Japan realizes the important contribution that women can make to employment and innovation, social norms may be slowly changing. Is there a pathway to gender parity in Japan’s workplace? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his thoughts on Huffington Post, Japan – a globally acclaimed news portal.

Only 10% of senior managerial positions are occupied by women, which is low when compared to comparable figures for the United States (42%) and France (38%). As in many other countries, women in Japan are often made to choose between their professional and personal lives in a way that men are not. Work-life balance is hard to sustain when they single-handedly take care of household responsibilities.

Perera opined that Japan needs to overcome its societal norms about gender so as to better pursue economic progress and improvements in quality of life. Women should have equal access to career development. In general, companies still prefer men for senior managerial positions as they are more likely to continue work till retirement. In comparison, women tend to have a shorter work lifespan – most quit their jobs post marriage especially after having a child. This shrinks the size of the labour pool. Greater labour force participation by women would increase the size of the employee base from which innovation and productivity enhancement can be generated.

So what needs to change? Japan is in dire need of a better working environment which offers gender equality. Furthermore, flexible working hours and developing childcare facilities will enable women to better combine household and career responsibilities.

Comments

Popular posts from this blog

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 ...

Spire speaks to US firms about Southeast Asia’s Silver market

Spire was honored to participate in a webinar organized by the US Commerce Department as well as Muziyi Advisory, the organizers of the ELDEX event. Leon Perera, Chief Executive Officer of Spire Research and Consulting group, shared his insights on the growing “silver” market opportunities in Southeast Asia. Leon shared that the number of persons aged 65 and above is projected to double by 2035 across several ASEAN countries, with Indonesia expected to have the largest elderly population of around 30 million, double its current elderly population. The fastest ageing markets in the region are Singapore and Thailand followed by Malaysia, Vietnam, Indonesia and Philippines. The Asia-Pacific region is the world’s third largest region in terms of “silver” product and service revenue, but the fastest growing one. With an annual growth rate of 15 per cent, Asia is ranked among the top three nursing care markets in the world. Improving the social security system, enhancing th...

Robots : Changing industries, expanding possibilities

Robots are now prevalent across many industries, not only heavy manufacturing. Today’s robots are more precise and can be controlled remotely, which is why there is a preference for them over error-prone humans in some parts of the services industry. With over 179,000 industrial robots sold worldwide in 2013, robots are now set to conquer a new arena – the household. What is a robot? The first thing that comes to mind when the word robot is uttered is a machine that imitates a human being, such as the androids from Hollywood’s Star Wars or Terminator movies. The reality, though, is that the hundreds of thousands of industrial robots operating in the world resemble high-tech machinery more than high-tech humanoids. A robot is defined as a programmable, self-controlled device with electrical, electronic or mechanical units. Robots have some advantages over humans when it comes to work – they have better physical endurance and are more adept at working under uncomfortable or da...

London spearheads Europe’s largest infrastructure project

Flagged off in 2012, the London cross rail project aims to achieve better connectivity within the UK. Deemed to be Europe’s largest infrastructure overhaul, the project aims to increase railway capacity by 10%. The project is expected to come on stream in December 2018. It will have 10 new stops, create 55,000 full time jobs, increase employment of female engineers as well as reach out to young students through various Crossrail programs for engineers. Will the UK’s rail overhaul help to buffer the impact of Brexit? https://www.spireresearch.com/newsroom/spirethoughts/london-spearheads-europes-largest-infrastructure-project/