4 Reasons Why Women Will Lead The Business World In The 21st Century
When you let women be women in the business world, they do better. That’s according to a recent report from the Harvard Business Review, which makes the case that traditional thinking – that women should be treated no differently than men in corporate settings – is simply flawed and regressive.
A major point the post makes is that only about 20 percent of businesswomen make partner. By expecting from women what you would expect from men, the corporate world is consciously and unconsciously excluding female leadership. That’s a very bad thing, according to many. For example, Kevin O’Leary of “Shark Tank” fame says that of his 27 companies, only the ones with female CEOS make him money.
“Women are good for business, so it follows that what’s good for your best women will be good for your bottom line,” says Debora McLaughlin, CEO of The Renegade Leader Coaching and Consulting Group (www.TheRenegadeLeader.com), and author of “Running in High Heels: How to Lead with Influence, Impact & Ingenuity.”
“I’ve long advocated this position, and that symbols of female business identity, like high heels, are signs of a businesswoman’s ability to elevate business results, consistently providing a better return for stakeholders.”
McLaughlin discusses why women will be essential for leading businesses into a new paradigm this century.
• The old way doesn’t work. Since 1955, more than 90 percent of the companies on the Fortune 500 list have gone bankrupt, shrunk in size, become inconsequential, been mopped up by their rivals or closed their doors. Sixty percent of CEOs think their current business model is only sustainable for another three years. Sticking too closely to your old guns, including discouraging a woman’s nature in the corporate world, will likely involve your company in that 90-plus percent failure rate.
• The business world has already changed. While technology continues to revolutionize how we do business, it has also changed the workforce. Today’s employees are smarter, more innovative, more creative and full of potential – and it’s not only due to technology. As Generations X and Y emerge as tomorrow’s leaders, Millennials are proving to be very resourceful workers. Old models like “command-and-control” don’t fit with a company’s most precious resource, its people.
• Women are more social and excel in collaboration. We shouldn’t generalize to strictly regarding gender norms. However, it’s probably fair to say that women are more nurturing for in-group members. Much of the traditional management method centralized authority; a woman’s leadership is more prone to sharing influence and, perhaps, fostering a creative culture of collaboration.
“Of course, this is not a strict gender rule,” McLaughlin says. “But I think it’s the experience of many that women are, in the aggregate, more nurturing.
• Momentum will continue to build for women leadership. Momentum tends to build upon itself, and that includes social change. While that change has been slower in the corporate world, we’re already seeing signs and opinions of change, as exemplified by Kevin O’Leary.
“More importantly, if the Harvard Business Review’s post is an indicator, women in business will feel more comfortable being themselves in a professional environment,” she says. “Unlocking those invisible shackles from a woman’s high heels will be a game-changer.”
About Debora McLaughlin
Debora McLaughlin is the best-selling author of “The Renegade Leader: 9 Success Strategies Driven Leaders Use to Ignite People, Performance and Profits.” Her new book, “Running in High Heels: How to Lead with Influence, Impact & Ingenuity,” is a how-to leadership companion for women in business. She is CEO of The Renegade Leader Coaching and Consulting Group (www.TheRenegadeLeader.com). As a certified executive coach, McLaughlin helps business owners, executives and managers nationwide ignite their inner renegade leader to unleash their full potential, drive their visions and yield positive results, both in business and in life.
LOS ANGELES: JULY , 2020 – Wood Entertainment is proud to announce the August 18 digital/VOD release of the highly anticipated documentary feature PRETENDING I’M A SUPERMAN – THE TONY HAWK VIDEO GAME STORY. Wood Entertainment acquired Worldwide rights to the film in May at the Mammoth Film Festival in a deal negotiated between CEO Tara Wood and Producer Ralph D’Amato (“Tony Hawk Pro Skater” series, “Gun”) on behalf of D’Amato Productions.
Arriving just ahead of the eagerly-awaited reboot of the $1.4 USD billion Tony Hawk Pro Skater video game series coming this September, this definitive documentary from Director Ludvig Gür tells the story of skater turned video game mogul Tony Hawk, and the near extinction of skateboarding culture before exploding back into the mainstream in the early 2000s.
“PRETENDING I’M A SUPERMAN is a robust, real-life story of our successful videogame series as told by those who created it, and many who were inspired by it” said multi-record-breaking skateboarder and documentary subject Tony Hawk.
“I’m really excited to partner with Wood Entertainment” said director Gür. “It’s been a long journey making the documentary and I’m stoked it will finally be released for skateboarding and Tony Hawk’s Pro Skater fans worldwide. The art form and video game had an enormous impact on Generation Y / Z and the story behind it is even more fascinating.” In 1999, the video game Tony Hawk’s Pro Skater shook the world when it sold 9 million copies upon release and changed the skateboarding scene forever. Pretending I’m a Superman is the story of the skaters and developers who came together to create the best-selling game as well as a look into how skateboarding became a part of the mainstream. Featuring never-before-seen footage and interviews with the legendary skater Tony Hawk as well as industry stars interviews with Steve Caballero, Rodney Mullen, Chad Muska, and Jamie Thomas, Gür takes audiences through an intimate yet extraordinary journey, chronicling the meteoric rise of skate boarding’s most famous name.
“Tony Hawk has one of the most inspiring stories ever told, from groundbreaking skater to gaming mogul” said Wood. “We are thrilled to present it to its worldwide audience.” For the Silo, Scott Motisko.
With global travel almost at a standstill, the latest results of the Henley Passport Index offer disturbing insight into the indiscriminate havoc caused by the COVID-19 pandemic. Since its inception in 2006, the index has provided the authoritative annual ranking of global passport strength. Travel freedom has increased dramatically over the period in 2006, a citizen could travel to 58 destinations on average without a visa from the host nation; 14 years later, this number has almost doubled to 107.
The result of the latest travel ban in Australia. Image: jacobinmag.com
Japan’s passport continues to hold the top spot on the Henley Passport Index as we enter the second quarter of 2020, but the reality is that current stringent travel restrictions mean that most non-essential travel for Japanese nationals is heavily curtailed.
This is true for almost every country of course, as more travel bans are implemented daily, and ever-more stringent coronavirus lockdown regulations are imposed by governments worldwide. With 3.5 billion people, nearly half the global population, presently living in voluntary or mandatory confinement, the latest results from the index — which is based on exclusive data from the International Air Transport Association (IATA) — raise challenging questions about what travel freedom and global mobility really mean, both currently and in a deeply uncertain post-pandemic future.
Dr. Christian H. Kaelin, Chairman of Henley & Partners and the inventor of the passport index concept, points out that in an unprecedented global health emergency such as this, relative passport strength becomes temporarily meaningless. “A Swiss citizen can, in theory, travel to 185 destinations around the world without needing a visa in advance, but the last few weeks have made it apparent that travel freedom is contingent on factors that occasionally can be utterly beyond our control. This is, of course, something that citizens of countries with weak passports in the lower ranks of the index are all too familiar with. As public health concerns and security rightfully take precedence over all else now, even within the otherwise borderless EU, this is an opportunity to reflect on what freedom of movement and citizenship essentially mean for those of us who have perhaps taken them for granted in the past.”
Image: citynews1130.com
The future of international mobility after COVID-19
Commenting on the latest Henley Passport Index, bestselling author and the Founder and Managing Partner of FutureMap, Dr. Parag Khanna, says the combined effect of the COVID-19 pandemic on public health, the global economy, and social behavior could lead to much deeper shifts in our human geography and future distribution around the world. “This may seem ironic given today’s widespread border closures and standstill in global transportation, but as the curtain lifts, people will seek to move from poorly governed and ill-prepared ‘red zones’ to ‘green zones’ or places with better medical care. Alternatively, people may relocate to places where involuntary quarantine, whenever it strikes next, is less torturous.
In the US, both domestic and international migration were surging before the pandemic, with Gen-Xers and millennials shifting to cheaper, second-tier cities in the Sun Belt or abroad to Latin America and Asia in search of an affordable life.
Once quarantines lift and airline prices stand at rock bottom, expect more people across the globe to gather their belongings and buy one-way tickets to countries affordable enough to start fresh.”
This is supported by emerging research and analysis commissioned by Henley & Partners, which suggests that despite freedom of movement currently being restricted as a temporary measure, there is a risk that this will negatively affect international mobility in the long run. Political science researchers Uğur Altundal and Ömer Zarpli of Syracuse University and the University of Pittsburgh, respectively, note that public health concerns have historically been used to justify restricting mobility, but governments usually adopt travel restrictions temporarily, in response to short-term health needs. Until now, health security has not been a significant determinant or requirement when negotiating visa waivers, but Altundal and Zarpli warn that “increasing public health concerns due to the outbreak of COVID-19 may change thisthe quality and level of health security of a country could be a significant consideration for visa waivers in future”. The unprecedented and overwhelming focus on health security and pandemic preparedness we now see may change the face of global mobility forever.
On the other hand, Prof. Simone Bertoli, Professor of Economics at CERDI, Université Clermont Auvergne in France, says that the necessity of international collaboration in fighting the pandemic could ultimately reduce current barriers to international mobility. “Humanity is confronted with a truly global challenge against which no country — irrespective of its level of income — can fully protect itself. This pandemic could therefore trigger renewed and more intense international cooperation, something that has (so far) not happened with the other main global challenge that the world is currently facing, namely climate change.”
Brexit, travel bans, and changing timelines
The chaos caused by the COVID-19 pandemic has cast further doubt on the timeline for the implementation of the UK’s post-Brexit immigration system, according to Madeleine Sumption, Director of the Migration Observatory at the University of Oxford. The UK, currently in 7th place on the Henley Passport Index, with citizens theoretically able to access 185 destinations without acquiring a visa in advance, was set to end free movement with the EU in January 2021. However, as Sumption says, “The UK can only implement its new immigration system when the post-Brexit ‘transition period’ is over, and if this is extended to give negotiators more time to discuss trade and other issues, we may not be seeing the end of free movement with the EU quite yet.”
In the US, also in 7th place on the Henley Passport Index, the impact of travel bans implemented at the beginning of the year appear to have been compounded by the pandemic, according to Greg Lindsay, Director of Applied Research at NewCities. “For the children of a rising global middle class with more and more options, this pandemic may prove to be the tipping point in terms of choosing educational destinations. When the world gradually recovers with China, South Korea, and Singapore already succeeding in slowing the outbreak through effective quarantines don’t be surprised if the best and brightest take coronavirus responses into consideration when deciding on their future options.”
A unique hedge against volatility in an uncertain future
Commenting on the ever-expanding growth and popularity of the investment migration industry, Dr. Juerg Steffen, CEO of Henley & Partners, says: “We believe that in the post COVID-19 environment, investment migration will take on a dramatically enhanced importance for both individual investors and sovereign states. Acquiring alternative residence or citizenship will act as a hedge against the significant macro-economic volatility that is predicted, creating even more sovereign and societal value across the world.” For the Silo, by Sarah Nicklin.
Supplemental
Global Headlines for Q2 2020: growth in travel freedom over past decade
Japan retains its top spot on the Henley Passport Index, with a visa-free/visa-on-arrival score of 191. Over the past decade its travel freedom score has increased by 31 points: in 2010, the country was ranked 6th worldwide, with a visa-free/visa-on-arrival score of 160.
Singapore continues to hold onto 2nd place, with a visa-free/visa-on-arrival score of 190. Over the past decade Singapore’s travel freedom score has increased by 35 points: in 2010, the country was ranked 11th worldwide, with a visa-free/visa-on-arrival score of 155.
Germany remains in 3rd place, with access to 189 destinations compared to the 161 destinations its passport holders were able to access a decade ago. It shares 3rd position with South Korea, which has increased its travel freedom score by 38 points: in 2010, South Korea was ranked 13th worldwide, with a visa-free/visa-on-arrival score of 151.
The UK is currently ranked 7th on the index, with a visa-free/visa-on-arrival score of 185. Over the past decade the UK’s travel freedom score has increased by 19 points: in 2010, the country was ranked 1st worldwide, with a visa-free/visa-on-arrival score of 166.
The US is also currently ranked 7th on the index, with a score of 185. Over the past decade, the US’s travel freedom score has increased by 26 points: in 2010, the country was ranked 7th worldwide, with a visa-free/visa-on-arrival score of 159.
The UAE has seen the biggest increase in travel freedom over the past 10 years. In 2010, the country was ranked 65th worldwide, with a visa-free/visa-on-arrival score of 64. It is now ranked 18th, with a score of 171 which means the country has added a remarkable 107 visa-free travel destinations over that period.
As the world teeters on the brink of disaster, four people converge in a Toronto Airport cocktail lounge. As oil prices suddenly approach $300 a barrel, power cuts out, planes stop taking off and cell phone signals die—a self imposed apocalypse sets into motion. As you read, four people come to terms with the situation, and more importantly, each other. Karen, the 40 year old receptionist at a psychiatric clinic who has flown to Toronto to meet a man she met on the Internet; Rick, the recovering alcoholic bartender who eagerly awaits the arrival of an obviously transparent self-help guru; Luke, a pastor, recently turned felon, who has run off with $20 000 from his church renovation fund; and Rachel, a beautiful, young autistic woman with the intention to find a man to be the father of her child.
“Cocktails and laughter—and what will come after?” asks the haunting voice of Player One after the self-narrated character introductions and before the announcement of the skyrocketing gas prices that quickly envelop the world in complete chaos. The novel follows a simple format: each character narrates their version of the same events, over a five hour period, followed by Player One’s omniscient and sometimes mocking narration. The identity of Player One remains a mystery up until the end of the novel where resolution is provided and final comments are made.
Player One is the first fiction selection for the CBC Massey Lecture series. Presented in a series of five, one hour, real-time lectures, Coupland explores what people do, talk about and think about as the world sits on the brink of total disaster. For anyone who has read Coupland, this novel addresses many familiar themes and ideas. Mild drama and in-depth dialogue where topics from humanity to sexuality fill the text of this lecture turned novel.
This book, simple in structure, but at times complicated in meaning, provides the reader with a scary dystopian view of what will become of us when a daily staple in most of our lives becomes virtually unavailable. The dialogue can drag on at times and the characters can be a little predictable and melodramatic, but this novel is more about what it leaves you with when you put it down. What would happen if gas became unaffordable? How small would our world actually get? Douglas Coupland will infect your mind with these questions long after you put down the book and forget about the meddling and self-loathing characters.
As Player One haunts the pages of this book, the ideas and inferences you read will haunt your mind every time you indulge in a modern day convenience, such as filling a vehicle up with gas, making this book a worthy read. For the Silo, Sarah Purdy.
