___________________________________________________________________________ 2013/PPWE/007 Agenda Item: 9 Diversity Management Selection100 and Nadeshiko Brand Purpose: Information Submitted by: Japan Third Policy Partnership on Women and the Economy Meeting Bali, Indonesia 7 September 2013 KEY WORD Diversity ( June / July 2013 ) Diversity Management Selection 100 Diversity Management Selection 100 “Diversity Management Selection 100” and 2 3Commendation Ceremony “Nadeshiko Brand” For the current fiscal year, METI will invite enterprises to apply −What is “Diversity Management”to Enhance Corporate Competitiveness? for the Diversity Management Selection 100 around July! Do you know the term“diversity management?”“Diversity management” is “a management approach to enhance corporate performance by encouraging diverse human resources to fulfill their potential to the maximum extent.” This is regarded as an indispensable “management strategy” for global enterprises to establish their competitive advantages. 4 Significance and required to make their human resources (flexibility). aims to back up diversity management business achievements, rather than women participated in the product Effectiveness of Tackling as diversified as the market needs. The third point is stable fundraising. efforts by collecting best practices numerical indicators, such as ratios of development process and realized “Diversity Management” The second point is improving European and U.S. institutional by sector, corporate size and region, female managers. continuous product innovation. The significance and effectiveness corporate governance. In Europe, investors (including pension funds) by disseminating them to create The project aims to commend a total −An enterprise used the skills of female for enterprises to take on“diversity particularly, the diversity of the board are positive toward social responsible opportunities for finding diversity as of about 100 enterprises over several employees in charge of administrative management”are roughly divided into of directors (in terms of gender, investment, or SRI (investment with a source of competitiveness and by years. In the initial year of FY2012, support on launching a website the following four points ( → 1). nationality and expertise) is recognized consideration given to environmental, introducing how to tackle diversity more than 160 enterprises applied for for overseas sales, contributing to The first point is responding to market as an important factor for the board social, governance and other non- management. the selection. From these enterprises, expanding overseas sales. needs that are becoming diversified to fulfill governance functions. financial information), and have been Subject to the commendation are the panel selected 43 enterprises − In a bid to explore markets for amid globalization. In order to deploy The diversification of the board is increasing SRI’s shares of their overall enterprises that have achieved such (21 large and 22 small and medium- foreign visitors to Japan, an enterprise product development and sales anticipated to widen corporate views outstanding investment. Diversity- results as the creation of innovation sized enterprises) for the Selection successfully entered a Muslim market strategies meeting market needs that and knowledge to enhance business related efforts are subjected to and the improvement of productivity 100 and six enterprises for Diversity by making use of foreign employees’ are becoming diversified, suppliers are decision-making and risk-management assessment for SRI. by utilizing various human resources Promotion Project Commendation. A hospitality. capabilities and adaptability to changes The fourth point is securing “excellent including women, elderly people, commendation ceremony for these − An enterprise divided the traditional human resources” in a wider population. foreign people and people with selected enterprises took place on lantern production process for easier Any failure to utilize women who are disabilities (Diversity Management March 22 ( → 3).On the occasion of the operation by people with disabilities Background and Significance of Needs for Promoting Women’s highly educated and as capable as men Selection 100), as well as those ceremony, International Monetary Fund to improve productivity, achieving the Participation in Business Management amounts to losing a chance to tap half supporting other enterprises’ promotion Managing Director Christine Lagarde largest production volume for vinyl of the domestic human capital. of diversity (Diversity Promotion Project gave a message supporting the project lanterns in Japan. 1 Improving risk Responding to Commendation). They were selected ( → 4). −A group of middle-aged and older management capabilities Diversity Management diverse market by a panel of experts. In order to Practices and achievements of the people took advantage of quality and adaptability to Selection 100 needs select various role models, the panel commended enterprises include the control knowhow to dramatically changes The Ministry of Economy, Trade and Diversity mainly assessed details of diversity following: improve workplace processes in management Industry (METI) launched the Diversity Securing management efforts (practicability, − In a bid to reflect the car design different industries. Stable Management Selection 100 Project excellent human innovativeness, advanced performance needs of women, who account for METI has also compiled and published fundraising ( → 2,8) in FY2012 to commend resources and top managers’ leadership) and 60% of car buying decision makers, a collection of best practices and enterprises selected as excellent in whether such efforts have led to a group for creating attractiveness for related booklet titled “Toward Value- diversity management. The projects 01 METI Journal │ Special Report METI Journal 02 KEY WORD Diversity ( June / July 2013 ) Diversity Management Selection 100 Diversity Management Selection 100 “Diversity Management Selection 100” and 2 3Commendation Ceremony “Nadeshiko Brand” For the current fiscal year, METI will invite enterprises to apply −What is “Diversity Management”to Enhance Corporate Competitiveness? for the Diversity Management Selection 100 around July! Do you know the term“diversity management?”“Diversity management” is “a management approach to enhance corporate performance by encouraging diverse human resources to fulfill their potential to the maximum extent.” This is regarded as an indispensable “management strategy” for global enterprises to establish their competitive advantages. 4 Significance and required to make their human resources (flexibility). aims to back up diversity management business achievements, rather than women participated in the product Effectiveness of Tackling as diversified as the market needs. The third point is stable fundraising. efforts by collecting best practices numerical indicators, such as ratios of development process and realized “Diversity Management” The second point is improving European and U.S. institutional by sector, corporate size and region, female managers. continuous product innovation. The significance and effectiveness corporate governance. In Europe, investors (including pension funds) by disseminating them to create The project aims to commend a total −An enterprise used the skills of female for enterprises to take on“diversity particularly, the diversity of the board are positive toward social responsible opportunities for finding diversity as of about 100 enterprises over several employees in charge of administrative management”are roughly divided into of directors (in terms of gender, investment, or SRI (investment with a source of competitiveness and by years. In the initial year of FY2012, support on launching a website the following four points ( → 1). nationality and expertise) is recognized consideration given to environmental, introducing how to tackle diversity more than 160 enterprises applied for for overseas sales, contributing to The first point is responding to market as an important factor for the board social, governance and other non- management. the selection. From these enterprises, expanding overseas sales. needs that are becoming diversified to fulfill governance functions. financial information), and have been Subject to the commendation are the panel selected 43 enterprises − In a bid to explore markets for amid globalization. In order to deploy The diversification of the board is increasing SRI’s shares of their overall enterprises that have achieved such (21 large and 22 small and medium- foreign visitors to Japan, an enterprise product development and sales anticipated to widen corporate views outstanding investment. Diversity- results as the creation of innovation sized enterprises) for the Selection successfully entered a Muslim market strategies meeting market needs that and knowledge to enhance business related efforts are subjected to and the improvement of productivity 100 and six enterprises for Diversity by making use of foreign employees’ are becoming diversified, suppliers are decision-making and risk-management assessment for SRI. by utilizing various human resources Promotion Project Commendation. A hospitality. capabilities and adaptability to changes The fourth point is securing “excellent including women, elderly people, commendation ceremony for these − An enterprise divided the traditional human resources” in a wider population. foreign people and people with selected