When talking about the sometimes-touchy subject of diversity in business, this interesting question came up in one COMM class: what about women in business?
According to the French economy minister Christine Lagarde, women operate quite differently from men, bringing a different model of business behaviour into the industry they may be working in. Specifically, the minister mentions that women bring, “less libido,” and do not let their egos get in the way of business as much as men may.
In this sense, women may have a slight edge in making some executive decisions, being able to do things in a more measured manner.
This begs the second, more important question: where are all the women leaders?
Although women make up 46.3% of the total labour force in the US, and half of all employees in the business-professional sector are females, the presence of women at the executive level is quite sparse. Despite the valuable differences, or advantages, some might argue, that they bring in the corporate world, only 14.8% of board seats in Fortune 500 companies are resided by women, while only 2.4% of Fortune 500 CEOs are of the female variety.
Positivity can result from diversification
Infamous for being an old-boy’s club at times, the top levels of business administration may need a gender overhaul. Who’s to say that the results won’t be positive?
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