Showing posts with label #womeninbusiness. Show all posts
Showing posts with label #womeninbusiness. Show all posts

Wednesday, 1 February 2017

‘When the woman starts talking, the men switch off’ - Christine Lagarde on why gender parity is taking so long

Christine Lagarde shared her thoughts on the world’s glacial progress towards gender parity in a Davos session on disrupting the status quo of gender roles. 

“We have been talking about it for as long as I can remember,” she said, noting that, according to World Economic Forum research, it would take 170 years for the economic gender gap to close, with the rate of progress stalling in the wake of the financial crisis.

The head of the IMF, who was was formerly France’s first female finance minister, then gave some examples to shed light on why parity remains elusive.

“We have to identify our own biases,” she said. “Sometimes you have to identify that when a board member who happens to be a woman takes the floor, guess what, many of the male board members start to withdraw physically, they start to look at their papers, to look at the floor… and you need to disrupt that.”

Lagarde, who once walked out of a job interview when she was told her prospects would be limited as a woman, also said: “When I was Finance Minister, very often the presidents of companies would come and report on their strategies, and when I asked them about their board composition, they would always say - ‘I would love to have a woman on the board, I just can’t find any, and the ones I know are fully booked.’ So I had a bit of paper in my bag with the names of 20 women on it.”
 
Progress is not easy or straightforward, though. She said that in order for the IMF to reach its gender quotas, in some areas they would have to hire only women for the next five years, which made her uncomfortable. Once they had reached the top, women should support other women: “It’s our responsibility to help others progress along the way.”





In the same session, Sharmeen Obaid-Chinoy, the Oscar-winning documentary maker, took aim at the obsession with women and motherhood.

“Women, even if they’re very, very successful, they keep getting asked: how do you juggle family and work? How many male CEOs get asked, how do you juggle being a CEO and having a family? I refuse to answer the question. I am a film-maker. What is a female film-maker?”

Isabel de Saint Malo de Alvarado, Panama’s foreign minister, shared an anecdote on how family roles can be deeply ingrained - even for high-flying women.

“I’ve always been a professional but I’ve always taken care of my family… My daughter needed to go to the doctor. I told her, the appointment is made, Daddy is taking you, and she asked, but will he know what to tell the doctor? And I said, but he’s sitting right next to you... Many times men just don’t take on some roles because we don’t let them.”


Article written by Ceri Parker, Commissioning Editor, Agenda, World Economic Forum



Friday, 9 September 2016

My WIMBIZ Story by Foluso Gbadamosi




My name is Foluso Gbadamosi and I absolutely love WIMBIZ. My most impactful experience with WIMBIZ was in 2015 when I took the Women on Boards program that lasted for 3 months in collaboration with the IE Business School, Madrid. I had recently been appointed to the Board of Industrial & General Insurance Company and heard about this leadership development course specifically tailored for women like myself. The course balanced all aspects of being a board member including skills like personal-branding and communication skills. It fit very well into my schedule because it was a mixture of online and face-to-face classes both in Lagos and Madrid. After taking that course, I got more involved with WIMBIZ, becoming an Associate member. I have since taken more courses and attended several events.



WIMBIZ has impacted several aspects of my professional life. Outside of my 9-5 job, I juggle several other passions that WIMBIZ has helped me realize and improve upon. I co-founded and sit on the board of a technology company called 8191 Solutions which caters to SMEs, a passion brought alive through some of my WIMBIZ interactions. I also co-founded a non-profit organization called Serving with Love, which has been in existence for about 3 years and has now been properly structured, also motivated by my WIMBIZ interactions. Finally, managing all the several hats I wear has been made easier due to learning from several WIMBIZ mentors. 

Being a part of such an amazing organization with so many excellent resources has been of great benefit to me. I have been inspired to be my best self, improving my skills through the training I have received. I have also learnt that I am an ambassador not just for myself but for other women as well. I have had the opportunity to network and meet with many amazing women who have become a part of my daily life.