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Lekcja 10: Women to the rescue
Research by the Women and Work Commission in the UK suggests that if women’s skills were better harnessed the country would gain about £23 billion. Nevertheless, there are few women on boards and it will be extremely difficult to change the financial crisis around, however the current situation may be a triggering point for the cultural change that is about to happen in executive boardrooms.
While reading up on the current financial crisis I came cross an article in the Financial Times in which it was written that women are being appointed to CEO positions in banks in order to clean up after macho management styles. The article suggests that women are less inclined to take risk, therefore are less likely to jeopardize the company’s financial assets. One country that put its faith in women’s risk-averseness is Iceland, which appointed two women to head their newly nationalized banks. However, are women less aggressive in their management styles and are they able to rescue businesses from plunging into a...
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