Asia, then Europe, then America
FT.com / Comment & analysis / Comment – We must break the male cartel in the workplace.
I found this article really insightful and clearly thought-out. And very embarrassing. As I was reading, the author's
premise became clear – that Asia is way out ahead of Europe in terms of recognizing the importance of having women in senior positions in the workplace, and putting them in those positions. And as I continued to read, it became increasingly clear that what she considers "behind" was still better than we in America have done and are doing.
But I put aside my chagrin: there are wonderful facts in this article. Here's my favorite:
According to a recent study by McKinsey, the management consultancy, companies with a higher proportion of women in senior management are on average 48 per cent more profitable than rivals. Diversified management means better management. Including more women in top positions, both in public and private sectors, changes decision-making processes fundamentally, as women tend to play down formalities and communicate directly, overcoming organisational blockages.
I'm pretty sure her proposed solution – introducing legislation for gender balance on company boards, at universities and in government – won't work in the US. But I can keep throwing stuff like this into the conversation…