Wow! “Hong Kong businesses stand to lose millions due to the loss of female talent”

Wow! “Hong Kong businesses stand to lose millions due to the loss of female talent”

Wow! “Hong Kong businesses stand to lose millions due to the loss of female talent” 1916 1077 Risky Women

Risky Women is passionate about promoting and celebrating women and the talent that is all around us! This recent survey in Hong Kong, by Kirti Lad at Meraki Executive Search and The University of Hong Kong, shows that significant action is needed to address the gender imbalance and the cost to business in Hong Kong.

There are many alarming views revealed in Hong Kong Female Talent Pipeline Study:

  • Less than half of Hong Kong leaders see diversity as a business priority
  • Large corporates are experiencing female brain drain
  • There is systemic bias in Hong Kong – losing women from the talent pipeline is seen as acceptable
  • 9 out of every 10 Hong Kong women report barriers to reaching their career aspirations
  • The construct of work is ripe for disruption – how, when and where employees work requires a complete overhaul

About the Hong Kong Female Talent Pipeline Study

Many gender diversity studies are led out of the West and as we face a unique set of challenges in Asia when managing our female talent pipeline, it was imperative to create an annual study that tracks Hong Kong’s progress (from entry level to the board). The study encompasses three elements – a company tracker, a ‘women in HK’ survey and a series of qualitative interviews with Hong Kong business leaders – and represents more than 200,000 Hong Kong employees (approx. 5% of the total workforce).

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All About Money – Loss of Female Talent in Hong Kong (Part 1)

#AllAboutMoneyPART ONE:The departure of female talent from businesses in Hong Kong is costing the city dearly, says a recent study by Meraki Executive Search & Consulting and The University of Hong Kong – HKU – 香港大學. Meraki Executive Search Executive Director Kirti Lad joined Isabel Wong to discuss what impact mismanagement of female talent could have on the city's economy.

Posted by Hong Kong International Business Channel on Wednesday, 24 July 2019

All About Money – Loss of Female Talent in Hong Kong (Part 2)

#AllAboutMoneyPART TWO:Nine out of 10 Hong Kong women have reported barriers to reaching their career aspirations citing reasons from a lack of promotional opportunities to the burden of family commitments. Meraki Executive Search & Consulting Executive Director Kirti Lad said senior management should understand changes need to be made in order to have a more diverse and productive workplace.

Posted by Hong Kong International Business Channel on Wednesday, 24 July 2019

About Executive Education, The University of Hong Kong

Established in 1998 under the auspices of the HKU Business School of the University of Hong Kong, Executive Education specialises in providing Executive Programmes to executives of local, regional and international private and public organisations. HKU Business School is a leading institution for business and economics education and research in Asia offering top quality degree programmes and executive education programmes that serve the needs of the business sector and the community. For more information, please visit: www.fbe.hku.hk

About Meraki Executive Search & Consulting

Meraki Executive Search & Consulting works with leading companies to transform their business – through diversity, innovation and technology. Meraki offers four service lines; Executive Search, Board Advisory, Leadership Consulting and Leadership Development. Seek the extraordinary. For more information, please visit: www.merakiexecutive.com

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