KUALA LUMPUR: Forest Interactive recently collaborated with LeadWomen, bringing together speakers from the latter, TalentCorp, and PwC Malaysia to discuss the significance of diversity, equity, and inclusion (DEI), its implementation and case studies, as well as the role of the government, businesses, and civil societies in a video podcast.
This video podcast, released in the lead up to the LeadWomen APAC DEI Summit, provided a sneak peek into the in-depth conversations and practical strategies that will be featured on October 16 and 17, 2024 at the Asia School of Business in Kuala Lumpur.
Exploring DEI Perspectives
Featuring Liza Liew, Consulting and Client Services Manager at LeadWomen; Natasha Azreen Alias, Head of Women Programs at TalentCorp; and Sri Nair, Vice Chairman of Markets at PwC Asia Pacific, the podcast served as a platform to discuss how to move beyond performative efforts and truly embed DEI into the core of organizations in Southeast Asia.
Understanding the Intersectionality of DEI
DEI is more than just gender equality or equity. While gender is a significant aspect, DEI also includes considerations for disabilities, marginalized groups, and individuals from diverse backgrounds. It is about acknowledging that not everyone begins their professional journey from the same starting point.
Existing disparities in the workplace often lead to feelings of exclusion or lack of belonging. DEI initiatives are designed to bridge these gaps, promoting an environment where all individuals, regardless of their starting point, feel valued and included. Liza Liew emphasized the need for businesses to create equitable opportunities through policies that ensure simple policies such as supportive working environment can bridge the inequalities gap.
The Need for a More Equitable Workforce
One significant DEI challenge that Natasha highlighted is the low number of women returning to work after maternity leave. This is a clear indication of how businesses may be failing to provide a supportive environment that encourages women to re-enter the workforce. The inability to address this challenge effectively results in a decrease in the number of women in business, which can have serious consequences for organizations.
A reduction in female representation means fewer diverse perspectives in the workplace, which is crucial for navigating the complex problems that businesses face today. Diverse and inclusive teams bring varied viewpoints and experiences that are invaluable in fostering innovation and resilience. Without these perspectives, companies risk missing out on creative solutions and strategic insights, ultimately hindering their ability to thrive in an increasingly competitive and dynamic business environment. This underscores the urgent need for organizations to create a more inclusive culture that not only supports women in balancing their professional and personal responsibilities but also actively works to retain and elevate diverse talent.
How Companies Are Addressing DEI Challenges
Despite the growing awareness, many companies in Malaysia still view DEI as a checkbox exercise rather than a fundamental business practice. Sri Nair noted that while awareness is a step in the right direction, it is crucial for companies to move beyond this stage and implement concrete frameworks that integrate DEI into their core business practices.
The benefits of such integration are clear. With Malaysia’s aging population, the future talent shortage is a looming issue. A diverse and inclusive workforce can help mitigate this by leveraging the strengths and perspectives of all employees. Adopting proactive measures and embedding DEI into the organizational culture can enable businesses to thrive and adapt to future challenges.
Moving Forward: The Path to True Inclusivity
The podcast concluded with a call to action for businesses to take a more proactive stance on DEI. It is not enough to merely acknowledge the importance of diversity, equity, and inclusion; companies must actively create environments where all employees feel safe, valued, and empowered to contribute. By doing so, businesses not only fulfill their social responsibility but also unlock the full potential of their workforce, driving sustainable growth and innovation.
The journey towards true DEI is ongoing, requiring commitment, understanding, and the willingness to challenge existing norms. As businesses continue to evolve, embracing DEI will be pivotal in shaping a more inclusive and equitable future for all.
Watch the full video podcast for exact implementation steps and case studies on Forest LinkedIn.
Secure your spot at the LeadWomen APAC DEI Summit now! Purchase your summit tickets here and be part of the conversation to shape the future of DEI in Southeast Asia.
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About Forest Interactive
Founded in 2006, Forest Interactive develops scalable mobile platforms to connect mobile operators with their subscribers. With over 18 years of industry experience, Forest Interactive has expanded to include a diverse workforce of 20+ nationalities in 7 regional offices.
Delivering content subscription services, service delivery platforms, digital vouchers, ecommerce platforms, and mobile apps for all ages, Forest Interactive operates in 30+ countries, servicing 90+ mobile operators and 100+ content partners with the capacity to reach over one billion subscribers worldwide.
Visit forest-interactive.com to learn more.