The retirement savings crisis is a women's problem. Women leave the workforce with 2/3 of the wealth of men and live years longer. By engaging women more fully in the workforce and closing the pay gap, the retirement savings crisis can be reduced. More women in leadership lead to greater diversity.
The power of diversity is so great that it outperforms groups with more intelligence. Diversity improves ethics.
#1 reason women accept a job: meaning and purpose.
Different voices and disagreements are necessary for effective decisions. It is not usually efficient.
Diversity is hard. We're used to seeing things one way: white and male in power. We actually don't like powerful women. Even women miss sexist and gender bias.
Encouraging diversity:
1. Recognize differences and disagreements. Value them.
2. Start asking, "Do we have the strongest team in place?" rather than "who is the best person for the job?"
3. Really live our values. People are watching.
4. Women are tired… of having to maintain external appearances. Women do spend more time on average than men on personal care. Sometimes women really are just tired. Recognize this.
5. Watch the microlessons. Women receive less feedback because men are afraid women will cry. How are women treated differently and we accept it as normal?
You can invest for both values and growth.
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