Event: Women in Business Summit (BCCJ ACUMEN, June 2013)

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EVENT

Panelists were (from left) Moni Miyashita, senior advisor at McKinsey & Company; Hiroko Tatebe, founder and executive leader of the Global Organization for Leadership and Diversity; Aiko Doden, senior commentator at NHK; Elizabeth Handover, president of Intrapersona K.K.; Debra Nakatomi, president of Nakatomi & Associates; and Jan Yanehiro, journalist.

ACCJ Women in Business Committee co-chair Deborah Hayden said: “Japan, sadly, ranks the worst in the world for women directors: only 1.1% of company boards have female members. The average in developed countries is 11.8%”. Founded here in 2012, the council serves to strengthen US–Japan relations. It brings together a variety of leaders and engages stakeholders, while exploring issues that benefit communities, businesses and government entities in both countries. According to Hayden, the focus of the women in business committee is advocating for gender and diversity inclusion; equal opportunity for women to excel at all levels of organisations; and a productive working environment for everyone, from new entrants to directors. “We must all raise our voices to make sure the government and senior business leaders in Japan understand that women can have a choice—between child-rearing and a career”, she said. “The glass ceiling is slowly cracking”, she added. Prime Minister Shinzo Abe recently pledged to increase the number of board

ACCJ President Larry Bates

members in Japanese firms and admitted that women are the driving force of the economy. “Japan ranked 101 out of 135 countries in the 2012 World Economic Forum [WEF] Global Gender Gap Report, mostly due to the low participation of women in leadership positions, corporations and politics”, explained Mitsuru Chino, executive officer and general manager of the legal division of ITOCHU Corporation. “During this time, it is not as if Japanese companies have done nothing in striving to lessen the gender gap”, said Chino who, in 2004, helped her firm start a diversity programme and was recognised as a young global leader by the WEF. According to Chino, to promote gender diversity some Japanese firms have started initiatives, including the targeted hiring of women, introduction of flexible work hours, offering of longer maternity and paternity leave, and making available mentoring programmes. Some progress has been seen. “However, much more is needed to close the gender gap, both at a larger scale and at the grassroots level”, she said. “Women can do a lot to empower other women”, she added. This could include taking on a mentee or encouraging a fellow colleague to apply for a better position within the firm. “The confidence of Japanese women needs to be boosted, and every woman should help and encourage others to find their hidden potential and talent”, she added. “It is shameful to have such a low percentage of women represented in senior positions in the world’s thirdlargest economy”, said Sakie Fukushima, president and representative director of G&S Global Advisors Inc. In addition, firms should support women to ensure they continue building their careers. According to a survey conducted by the Japan Association of Corporate Executives

(Keizai Doyukai), the majority of firms in Japan are diversifying their boards by recruiting independent board members from outside the firm. Meanwhile, the poll found that, according to executives in charge of employing new graduates, if hiring decisions were made solely based on university marks and interviews, 70% of the new hires would be women. Some 67% of the firms surveyed indicated that their managerial strategy already included, or planned to include, the introduction of diversity in the decision-making boards. Although Abe has been implementing new policies for the promotion of women, Fukushima is concerned that the proposals are all based on the old notion that child rearing is a woman’s task. “Men should also have the right to engage in activities for which women used to be primarily responsible, such as child rearing”, said Fukushima. “We know that we still have a long way to go but, one of these days, I hope that men and women can participate in society based on full equality”, she added.

Tips for Success Each table of attendees came up with a practical tip for success. Below are BCCJ ACUMEN’s top 10 tips. t -FBSO IPX UP UBLF DSFEJU XIFO EFTFSWFE t 4VQQPSU PUIFS XPNFO t 4QFBL PVU BOE NBLF JU CF LOPXO XIBU you can do t $SFBUF B QPTJUJWF FOFSHFUJD BVSB t %PO U CF BGSBJE UP USZ OFX UIJOHT t /FWFS CF BGSBJE UP BTL RVFTUJPOT t %PO U CF BGSBJE PG XIBU ZPV EPO U LOPX t *G ZPVS GJSN EPFTO U HJWF ZPV PQQPSUVOJUJFT NPWF UP BOPUIFS POF t 4VSSPVOE ZPVSTFMG XJUI HPPE QFPQMF XIP IFMQ CFUUFS ZPVS XFBLOFTTFT t %PO U CF BGSBJE UP BTL GPS IFMQ

JUNE 2013 | BCCJ ACUMEN | 17


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