Leadership Development in New Zealand: A Production of Leadership Perspective
Feminomics - A New Perspective on Leadership
-
Upload
charter-for-women-in-business -
Category
Business
-
view
4.306 -
download
0
Transcript of Feminomics - A New Perspective on Leadership
![Page 1: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/1.jpg)
Feminomics A new perspective on leadership
The unbalanced leadership behind the economic crisis – and how we need to re-balance
www.greenwellfuture.com
![Page 2: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/2.jpg)
“We can’t solve problems
by using the same kind of thinking that
created them.”
www.greenwellfuture.com
![Page 3: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/3.jpg)
Some people say the economic crisis was man-made
www.greenwellfuture.com
![Page 4: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/4.jpg)
Or a product of… masculine values
• Money/ things • Work • Economic growth • Big and fast• Single-minded• Decisive
rather than feminine?
• People/relationships• Life• Sustainability• Small and slow • Reflective • Consensual
www.greenwellfuture.com
![Page 5: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/5.jpg)
Taboo?
Gender is a taboo topic in some countries…But if we ignore gender as an issue we miss it as an opportunity www.greenwellfuture.com
Feeling Comfortable?
![Page 6: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/6.jpg)
How do our institutions look?
www.greenwellfuture.com
![Page 7: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/7.jpg)
Banks• Sexist?• Reckless?• Influential?
www.greenwellfuture.com
![Page 8: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/8.jpg)
Influential? • UK financial services sector 2007
– 1.3million jobs – 4% of the workforce.
– Over a quarter of UK Corporation Tax
• Held up as an ‘exemplar’ industry by government
– Bankers appointed to advisory and ministerial posts
– Wealth didn’t trickle down but attitudes and aspiration did
www.greenwellfuture.com
![Page 9: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/9.jpg)
Sexist?
Women earn 55% less than male counterparts – the largest pay gap of any UK industry.
Pay gap is just as wide for new recruits
Female bonuses just 1/5 of male counterparts
Stereotypical roles. Sexism is rife – overt and insidious.
www.greenwellfuture.com
![Page 10: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/10.jpg)
Reckless?
Group Think The Winner Effect
www.greenwellfuture.com
![Page 11: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/11.jpg)
www.greenwellfuture.com
Still Influential…
![Page 12: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/12.jpg)
ECONOMISTS“Why did no-one see the recession coming?”
Erm…1.Silo thinking2.Focus on wealth and financial innovation at the expense of other human concerns3.Reduced the world to mathematical formulae 4.Lacked imagination!
www.greenwellfuture.com
![Page 13: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/13.jpg)
GOVERNMENT
www.greenwellfuture.com
Spot the woman… !
![Page 14: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/14.jpg)
Business • One eighth – the proportion of women in top company boards
• It’s also a WEDGE…in almost every industry the number of women drops as salaries and seniority rise.
• Women who make it to the top are less likely to have children and often have to absorb male culture to make it
• More women who want to succeed in business on their own terms are starting businesses
www.greenwellfuture.com
![Page 15: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/15.jpg)
Women entrepreneurs changing the rules
• More innovative and ambitious• Strong ethical values• Risk aware with long-term vision
But•Don’t fit models of business support and finance•Win less than 5% of contracts •Less senior experience and contacts
Those who get past those road blocks are now the UK’s fastest growing group of millionaires
www.greenwellfuture.com
![Page 16: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/16.jpg)
Imagine…
If we had institutions and policies which worked with women rather
than shoe-horning them into a male model?
www.greenwellfuture.com
![Page 17: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/17.jpg)
ALTERNATIVES…
www.greenwellfuture.com
![Page 18: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/18.jpg)
Values
“Over 2/3 of people around the world think the global economic crisis is a crisis of ethical values”
DAVOS 2010
So far that’s led to…
www.greenwellfuture.com
![Page 19: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/19.jpg)
• Iceland –most equal country in the world and the worst hit by the crisis• Gender is a key part of their response
– Rebalancing - Government & banks are now headed by women– The new constitution was crowd-sourced.
Real change
www.greenwellfuture.com
Sound principles for banking and for business?
Audur Capital flourished during the crisisBased on feminine values: • Long term• Values driven• Empowering customers
Like German Landesbank (70% of market) and community banking everywhere…
![Page 20: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/20.jpg)
Economics What’s measured matters…
www.greenwellfuture.com
GDP is our top strategic driver
It positively values air pollution, accidents, war, consumerism…
It ignores quality of life - health, education, care, environmental sustainability and unpaid work.
In 2011 the EU passed a resolution supporting the implementation of alternatives to GDP
![Page 21: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/21.jpg)
Growth and wellbeing
www.greenwellfuture.com
![Page 22: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/22.jpg)
Leadership
www.greenwellfuture.com
• From World leaders down… the pattern of top leadership:
Spot the woman Spot the gender wedge
• Numbers matter – we need a critical mass of at least 30% women to change culture
![Page 23: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/23.jpg)
The business case for balance• Mitigation of group think and excessive risk taking• Gender balanced teams perform better• Companies with more gender balanced Boards
perform better on every measure, including financial
• “Forget China, India and the internet: economic growth is driven by women”
www.greenwellfuture.com
![Page 24: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/24.jpg)
What’s stopping us?
• The myth that there are not enough qualified women?
• Fixing the woman not the system• Unconscious bias. They couldn’t find
enough ‘good women’ for orchestras until auditions were held behind screens!
• Stereotyping – outside and internal…
www.greenwellfuture.com
![Page 25: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/25.jpg)
Feminomics
1. Balanced leadership
2. Smart growth
3. Sustainable finance and business
4. Beyond stereotypes
Balance is Best – for People, Planet and Profit
www.greenwellfuture.com
![Page 26: Feminomics - A New Perspective on Leadership](https://reader036.fdocuments.in/reader036/viewer/2022070520/58f25b541a28ab12358b4591/html5/thumbnails/26.jpg)
This presentation forms part of a great leadership event for women and men. Get in touch for more details
Erika Watson [email protected]
www.greenwellfuture.com
Photo creditsStock XchngMike Legend andGene Hunt cc via Flickr