Accelerate May 2015 | Page 13

News Strategic Roadmap for Female Talent in celebration of International Women’s Day Spotlight on female talent with Starwood Hotels in Asia Pacific signing of United Nations’ Women’s Empowerment Principles SINGAPORE | Starwood Hotels & Resorts Asia Pacific celebrated International Women’s Day on 9 March 2015, with the announcement of a strategic roadmap that seeks to empower female associates through a series of initiatives alongside leveraging on existing programmes. In addition, Starwood Hotels in Asia Pacific also signed the United Nations’ Women’s Empowerment Principles (WEP), pledging to support the empowerment and advancement of women in the workplace and community. “Diversity and inclusion are key components of Starwood’s business strategy, especially important as we celebrate International Women’s Day. The signing of the Women’s Empowerment Principles further strengthens Starwood as an equal opportunity employer as we continue initiatives to support the surfacing of female talent and leaders.” highlighted Stephen Ho, President, Starwood Hotels & Resorts Asia Pacific. The WEP comprises of seven principles for businesses, offering guidelines on how to empower women in the workplace and community. Some of these principles include establishing high-level corporate leadership for gender equality; and promoting education, training and professional development for women. As a result of an extensive global internal study, Starwood placed the spotlight on female General Managers (GM) with a strategic roadmap that seeks to increase female GM representation globally. The roadmap comprises initiatives, programmes and training aimed to prepare female associates to assume executive positions. Other initiatives include strengthening the success with Starwood Careers, the integrated talent management & development system, conceptualised specifically in Asia Pacific, to fit the region’s unique needs. Since 2003, Starwood Careers has nurtured more than 10,600 Associates across various levels in the organisation and surfaced closed to 72 percent of its female GMs internally. Starwood continues to be one of the fastest growing hotel companies in Asia Pacific. It currently employs over 74,500 associates, of which 42 percent are women and 38 percent of these women are in executive roles. Starwood has 290 hotels in operation; and in 2014 alone, the company opened 30 hotels across its nine distinct lifestyle brands in Asia Pacific. May 2015 13