Monday, January 28, 2013

She’s (Rarely) the Boss; New York Times, 1/26/13

Nicholas Kristof, New York Times; She’s (Rarely) the Boss: "In America, only 17 percent of American Fortune 500 board seats are held by women, a mere 3 percent of board chairs are women — and women are barely represented in President Obama’s cabinet... So what gives? A provocative answer comes from Sheryl Sandberg, the chief operating officer of Facebook, who has written a smart book due out in March that attributes the gender gap, in part, to chauvinism and corporate obstacles — but also, in part, to women who don’t aggressively pursue opportunities... [W]e need more women in leadership positions for another reason: considerable evidence suggests that more diverse groups reach better decisions. Corporations should promote women not just out of fairness, but also because it helps them perform better. Lehman Brothers might still be around today if it were Lehman Brothers & Sisters."

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