Senior Executive Programme
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When women win, we all win
When women achieve, everyone benefits. It’s time to address the structural bias underpinning gender inequality. By Randall S Peterson
The evidence is clear: businesses that work to foster women’s success (as well as men’s) have been shown to significantly outperform those that don’t. And it’s not just organisations. When the number of women working increases, entire economies grow.
The United Nations estimates that the productivity gains, the increases in economic diversification and the enhanced income equality that come with female economic empowerment would translate into GDP growth of more than USD $6 trillion (£4.77 trillion) for every OECD country if it could only match female employment levels in the likes of Sweden. On the flip side, gender gaps are estimated to still cost our economies a very significant 15% of GDP. To paraphrase UN Secretary General António Guterres, when women win, we all win. And that includes men.
History, sociology, economics, personal experience all tell us that the world is not a fixed pie of opportunity. There is no set limit on the total number of opportunities available to us. Nor can we think of opportunity as some kind of win-lose dynamic where opening the door to a woman implies closing it on a man. When women win, men win too. And it starts early.
