I have contributed two chapters to the book, Why Diversity, Equity, and Inclusion Matter: Challenges and Solutions edited by Bin Srinidhi and published by World Scientific.
Chapter 7 is The Conflict between Organizational Goals and Local Initiatives, Individualism, and Collectivism: Examples of DEI Initiatives and Implementation in the Accounting Profession in the Asia Pacific.
Details on the book can be found here on Amazon or via the publisher’s website.
As global multinational organizations have embraced diversity, equity, and inclusion (DEI) over the past decade, so has the accounting profession in the Asia Pacific, given its importance to their clients and to support their talent management. In addition, many global and national accounting professional bodies which operate in the region now champion the importance of DEI with their members. Today, female accountants are well represented in partnership ranks in some Asia-Pacific countries compared to other jurisdictions, although less so in senior leadership teams. While accounting firms in the Asia Pacific embrace greater gender diversity, their attention to other diversity focus areas and approaches in the countries where they operate vary depending on the societal and organizational contexts. As DEI programs are generally voluntary initiatives in most Asia-Pacific markets, implementing them can be challenging, given the region’s diversity and each country’s unique cultural values. Many firms face a dilemma: roll out global initiatives in their markets, develop local initiatives, or adopt a hybrid model. Further, many leaders traditionally view diversity as a Western concept. Some DEI concepts, such as individualism vs. collectivism, do not resonate well in local markets. When developing strategies and initiatives, leading firms tailor their initiatives to the complexities of their local markets. Examples of initiatives adopted are shared.