Empower Women and Strengthen Teams
Plant the Seeds to Secure Your Financial Future
In a world where women face discrimination and men often overestimate their value, women can enhance their financial prospects by negotiating salaries and investing wisely, while also addressing the retirement savings gap that disproportionately affects them.
Embrace Your Natural Strengths to Overcome the Gender Investing Gap
The investing gap between men and women, driven by a male-dominated financial services industry that emphasizes competition over personal goals, costs women significantly over their lifetimes, as they are often motivated by specific financial aspirations rather than traditional investment metrics.
Adapt Your Business to Women
Businesses must adapt to women, who control 80% of consumer spending and hold significant wealth, as failing to do so risks missing substantial opportunities in a market increasingly influenced by empowered female consumers and employees.
Capitalize on Your Team’s Differences
First-wave feminism focused on minimizing gender differences, but current research highlights that gender-diverse teams, leveraging unique strengths of women—such as emotional intelligence and holistic thinking—outperform homogeneous groups by mitigating blind spots in decision-making.
Don’t Let Your Organization Work Against Diversity
Meritocracy often fails to achieve true diversity, as it leads to homogeneous teams due to laissez-faire hiring practices and a focus on individual merit rather than the diverse skills needed for effective team-building; therefore, leaders should implement hands-on strategies and set diversity goals for managers.
Gender equality in the workplace has a long way to go, and the lion’s share of the responsibility rests with organizations, but research shows that diverse teams significantly outperform homogeneous ones. “The power of diversity,” Sallie Krawcheck, CEO of Ellevest, points out, “is diversity.”
Learning Objectives
- Empower female employees and colleagues.
- Better adapt business practices to meet women’s needs.
- Recognize the advantages of diverse teams.
- Build better teams through diversity.
- Articulate more inclusive values.