Thursday, March 17, 2011

Talk Show at TV9

I was invited to a Live Talk Show on TV9. Though it was a fairly "last minute" thing, I obliged firstly, because the topic is very close to my heart and secondly, the publicity through the national media will be great for ARI. The topic, "Women's Position as Decision Makers in Corporate Malaysia". The talk show program called "Hujah" picks up current issue or issues and invite the public to participate in the discussion. Basically, the topic was chosen in response to the latest Grant Thornton International Research findings which saw Malaysia being ranked fifth in the world as far as women's role in senior positions in the country is concerned. Despite being ranked fifth, and 39% of Malaysian women were said to be holding senior positions in government and the private sectors, one must view the findings carefully. Whilst Grant Thornton study focuses on small to large private-owned companies, it did not investigate the position of women in public-listed or government companies. Yes, may be it is true that more Malaysian women are involved in businesses. Our recent survey with the Minority Shareholders Watchdog Group on 900 public listed companies indicates that more than 60% of PLCs do not have a single woman on Board and only 3 percent of them has at least 1 woman independent director. Surprise? Not really. But the bigger issue here is whether wowen are indeed less capable than men?. Are they given equal opportunity to achieve the highest possible position as decision makers?. Personally, I think women are just as capable as men decision makers. At the same time, there's ample opportunity for women to go up the corporate ladder. My personal view is that, women at one point or another in their career, will have to make some very personal, yet important and difficult decisions. Some may require sacrifices such that they may need to "postpone" their personal career agenda over motherhood. However, once they overcome their own challenges, they can become great leaders. Never mind the "low statistics". After all, being great is not necessarily through board rooms alone. The opportunity is always there....