How to localize a sustainable business network

How to localize a sustainable business network


How to translate global initiatives to a local context


Executive summary

  • Bridge-building and cultural interpretation helps communicate long-term value
  • Remembering and executing the vision will keep stakeholders on board
  • Showing tenacity, even when facing challenges, promotes sustainability of the network.

Localizing a sustainable business network

Launching an initiative in business is never easy. It requires purpose, vision and strategy, not to mention organizational buy-in, a wealth of resources (including diverse talent and funding), and smooth execution. It is more challenging to localize and deliver a successful global initiative and to ensure its sustainability over the longer-term.

In Japan, women’s empowerment remains challenging: the country ranks lowest among developed countries in the World Bank’s 2023 gender equality report (*1), and 70% of Japanese women surveyed in 2022 by Kyodo News said that “gender equality remains elusive” despite ongoing efforts (*2).

2022 Kyodo News Survey
of Japanese women said that “gender equality remains elusive”

 

Women. Fast forward

Women. Fast forward

Women. Fast forward is the EY global platform that engages our people, our clients and our communities to advance gender equality.

In this context, I identified the creation of a local iteration of EY’s global Women Athletes Business Network (WABN) in Japan to be a high priority, prompting the launch of the Japan WABN Academy.
 

WABN (along with EY’s global social and environmental program Ripples and wider DE&I efforts) will be incorporated into EY’s Corporate Responsibility (CR) activities from 2024, reflecting WABN’s power to impact society. In my new role as the lead for this CR pillar, I would like to share some key takeaways from setting up the WABN Academy which supports women athletes to transition into a second or dual career in business.

Tailor to market needs

Nelson Mandela said, “If you talk to a man in a language he understands, that goes to his head. If you talk to him in his language, that goes to his heart.”

“Delivering content in Japanese rather than English has proved vital in attracting and retaining local interest in the Academy, particularly for some of the hard-to-discuss topics such as wellbeing, financial literacy, and financial security,” says Tomoka Nemoto, the Tokyo-based, EY executive sponsor of WABN.

“EY Japan believes that women athletes have great skills and knowledge that can be used in business. We believe that the Academy, which is the local iteration of WABN, will help participants to unlock their potential for the benefit of society,” she added.

With the end of 2023 approaching, another cohort of amazing Japanese athletes is entering the Academy, eager to join the ranks of alumni excelling in the sporting and business worlds. Based on our success to date in Japan, I have been invited to support the creation of WABN Academies in other parts of Asia. How can we avoid the pitfalls and translate this success to our new academies?

Build bridges

Committing to a new project, particularly one tailored to the local market, requires everyone to believe in a shared vision. The project’s leader must provide a strong sense of the project’s long-term value while showing empathy for people’s situations and a passion for what can be achieved.

The US-based Center for Creative Leadership, a nonprofit dedicated to research and programs on global leadership, describes a good leader as someone who demonstrates communication, influence and self-awareness, often collectively described as emotional intelligence (*3).

These qualities have been particularly important in Japan where the EY team of volunteer mentors and guest lecturers for the Academy is dispersed across the country, and professional athletes’ have busy schedules.

“We have a strong core team that brings diverse skills and experience to support the vision and growth of WABN,” explains Shanghai-based Candy Lim, former WABN’s global Program Manager and Asia-Pacific lead for knowledge management at EY. “Janelle’s vision for the program and leadership in working across EY to find opportunities for WABN demonstrates our shared values and furthers our relationships with our clients.”

Ensuring WABN’s global aims were met while delivering for local needs also requires bridge-building and cultural interpretation — skills I have honed over decades of bilateral work between the United States and Japan. Of course, while leaders with a global mindset as well as knowledge and understanding of the local setting are ideal, they can and should look to others for support if they lack this dual experience. One secret to great leadership is seeing and enabling the full potential in others.

Execute the vision

Setting up, operating, and delivering a sustainable project requires executing the vision to achieve results. In Japan, it can take time to secure the buy-in from each stakeholder but, once received, implementation is usually flawless.

Since inaugurating the Academy, we have continued to fine tune our programs as we ascertain how best to meet the needs of participants, staff, and society.

We have adapted our content based on learned experience and ongoing feedback, two valuable assets in developing a sustainable program. When we shifted from in-person to online activities due to pandemic-induced restrictions, we recognized the resultant but unexpected boost in inclusivity. We have retained a hybrid in-person and online program to capitalize on our learnings.

Even as the Academy has evolved, remembering and executing the vision has remained paramount.

Foster talent

Change can bring challenges but it is important to exude confidence as people adapt. A network must develop over time to become sustainable, requiring a leader to show tenacity, resilience and agility, even during difficult moments.


Each person involved in the Academy has played a part in its success. Inspired to create new value for society, EY staff have given their time while alumni have shown what is possible after a professional career in sports, creating role models and attracting new participants to the Academy each year.


“Everyone wants to take a step forward, to gain something new,” says Nemoto. “This network enables athletes to view their connection to society from a new perspective. For EY members, it is a valuable experience to deal with athletes as they are usually only involved with the business community in their daily work.”


As WABN helps address the global gender equity gap on a global — as well as a personal — level, there is huge potential for the other Academies planned for Asia to tailor their programs to impact local women’s empowerment.


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Summary

Localizing the Women Athletes Business Network (WABN) helps participants to unlock and leverage their skills and knowledge for the benefit of business and society. There is great potential for the other Academies planned for Asia to tailor their programs to impact local women’s empowerment. WABN Academies planned for Asia will be able to tailor their programs to have a greater impact on empowering women at a local level.


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