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Biocon chief Kiran Shaw says it’s a struggle to find adequate number of women for leadership roles


Biocon chief Kiran Shaw says it’s a struggle to find adequate number of women for leadership roles

“Over the next five to ten years we will hopefully see many more women playing leadership roles. Yes, things are happening but not at the pace that I want,” Biocon Chief, Kiran Shaw said.

MUMBAI: Biocon chairperson Kiran Mazumdar Shaw has lamented that she is struggling to find enough women to play leadership roles, even though there is a significant rise in their number in junior management roles.

The comments come in the backdrop of the continuing calls for empowering and encouraging more women to take up leadership roles in companies and many other walks of life. This is reflected in the very low number of women on the board of companies.

“Over the next five to ten years we will hopefully see many more women playing leadership roles. Yes, things are happening but not at the pace that I want,” Shaw said without offering an explanation for the same in the sense that is it lack of adequate talent or the result of covert gender bias.

Addressing the annual Nasscom leadership summit here on Friday, she also rued that regulations are not keeping pace with technological developments leaving companies unable to adopt them in smarter ways.

Also Read: AstraZeneca joins hands with NASSCOM to address burden of NCDs in India

“So I think it’s very important that companies are ahead of the curve and become strongly focused on how to leverage technology better,” she added.

Shaw admitted that setting up the Bengaluru-headquartered biopharmaceutical company was an uncalculated risk on her part as she was treading into  uncharted territory.

“My life and my journey have been about taking risks, most of them have been calculated risks. But the first risk that I embarked on was to start a biotech firm which was a completely uncalculated risk in many ways because I didn’t know what I was getting into,” she said.

However, but once ventured into it there was no going back and she learned to the nuances of risk-taking, and understand the probability of success versus the risks.

Observing that our culture prefers success and not risk-taking, she said, “I believe because we are culturally attuned to lower risks, we tend to focus on services rather than products. Products is high-risk and depending on the kind of innovation you start assessing what that risk is.”
Stating that she has taken risks with very high probability of success as well as with very low probability of success, she said “and many of the ones that had very low probabilities of success haven’t worked. Maybe that’s what I call failure.”

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Source: PTI
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