More women leaders needed FMTNews
Women leadership and equal participation in all spheres of society have been identified as core components of a healthy nation and economy.
It is no different in business. Globally, women make up only 22.8% of board members of the top 100 public-listed companies . In Malaysia, the proportion is higher, at 29.9% but still short of the 30% target set years ago. They are also 1.5 times more likely to start their own businesses and enjoy 20% to 25% more in earnings.
Malaysia is not unique in this imbalance. In other parts of Asia, women’s share of leadership positions has increased in the last two decades, but the pace of their rise to the senior-most levels remains slow. In other words, we should ask ourselves how we can identify women leaders to better be able to give them the break they deserve.
It can also establish networks that reinforce the promotion of women into leadership positions from one generation to the next.
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