Supported by the Women in Business Committee
Hong Kong faces a major loss of female talent in management positions: How serious is this problem and what can we do as leaders to rapidly reduce the gender gap?
The recent findings from Hong Kong’s Female Talent Pipeline Study (by Meraki Executive Search & Consulting and The University of Hong Kong, Faculty of Business and Economics) confirm that Hong Kong companies stand to lose 24 per cent of their female talent over the course of their careers, representing a huge opportunity cost (from 53 per cent total workforce female representation to 29 per cent at senior management level). Large organisations face an even greater risk of losing female talent with an average loss of 30 per cent of their female talent over the course of their careers (from 52 per cent total workforce female representation to 22 per cent at senior management level).
As the study data highlights, our city needs to adapt to the new world of work, in order to embrace innovation and cultivate talent that challenges conventional thinking. The corporate setting needs to change in order to adapt to the disruptive era in which we operate. Companies need to develop a culture of inclusion to benefit all of the men and women within the workforce. Enabling talent to achieve their full potential in the workplace, in a company where they feel valued and their contribution acknowledged, will not only result in a benefit to the bottom line but will also enable innovative thinking to flourish.
Following the success of our event earlier this year looking at this topic, we have invited our stellar panel of leaders back to candidly discuss their views and experiences and share practical examples of actions and initiatives that will serve to shore up your female talent pipeline and enable talent to flourish. For more information on the study please visit www.wdpinternational.com.
About the speakers
Adrian Warr leads the Edelman Hong Kong office. He is a communications consultant whose work in New York, London and Hong Kong with some of the world’s best consultancies has given him experience in corporate, crisis, branding, marcomms, employee engagement, public affairs and digital marketing. Over the years his clients have included the likes of Samsung, Google, ebay, Coca-Cola, Tencent, Pepsi, Cathay Pacific, The UN, McDonalds, EY, GE, American Express and KPMG. Adrian is on the board of The Hong Kong International Literary Festival and is a committee member of The Male Allies.
David Bishop is a Principal Lecturer at the University of Hong Kong and the International MBA Program at Fudan University, Shanghai. He has broad legal experience in the United States and across Asia, particularly China. Mr Bishop focuses significant time on activities and programmes providing direct benefit to the community. He consults companies about their ethics, pro bono, and social entrepreneurship initiatives, and is a founder and director of multiple non-profit companies.
Erica Chan is the General Counsel and Chief Administrative Officer for Walmart Asia. In her role, she is responsible for overseeing all legal matters in Asia in addition to human resources and administrative matters for the Asia office. Prior to Walmart, Erica was in the STAR Group, a News Corporation subsidiary where she was the General Counsel, Greater China and the General Manager of the Hong Kong Office. Erica was featured as one of top female lawyers in Asia on the Asian Legal Business Magazine in June 2016. She was also named the Best In-House M&A Attorney - Hong Kong by APAC Insider in 2016. In 2018, Erica’s team won the In-House Team and the Retail and Manufacturing Legal Team of the Year by Asian Legal Business. In 2019, Walmart Asia Legal team was also awarded the Inhouse Legal Department of the year by the Asia Legal Awards and Law.com.
Lucy Taylor-Smith is Global Head of Strategy at Standard Chartered Bank, responsible for developing and enabling the delivery of the Bank’s strategy. Lucy joined Standard Chartered from Manulife Asia where she was Chief Strategy Officer and a member of the Executive Committee. In this role, she led the development and delivery of Manulife Asia’s business strategy. She also served as Chairman of the Board for Manulife Singapore. Prior to this, Lucy was Chief Strategy Officer and Board Director for Prudential Corporation Asia, based in Hong Kong since 2010. She also spent 13 years with UBS advising companies on a wide range of strategic initiatives and corporate transactions across mergers and acquisitions, equity and debt capital markets, culminating in her position as Executive Director of Corporate Broking.
About the moderator
Kirti Lad is Executive Director of Meraki Executive Search & Consulting Limited. She has worked in Executive Search for over 20 years. Kirti is one of the pioneer’s behind the Women's Directorship Programme, a joint-venture with The University of Hong Kong, a corporate governance programme to help women prepare for board responsibilities. Kirti also leads the Meraki Network, an Executive Women's network in the region and is an active member of the Women in Business Committee at the British Chamber in Hong Kong. In 2015, 2016 and 2017, Kirti was named as one of the Global Top 50 Diversity Professionals in Industry by the Economist Magazine.
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