'Gender equality is likely to make you happier, healthier and more satisfied,' writes Mary Ann Sieghart (MASieghart)
as a Visiting Fellow of All Souls College, University of Oxford. She is Chair of the judges for the Women's Prize for Fiction 2022.f you’re a man reading this, may I first of all say thank you. You are unusual in being interested in an essay primarily about women. But your commitment will be rewarded, for this is meant for you. Counterintuitively, perhaps, it is mainly about what you can gain, as a man, from taking women more seriously and treating them with equal respect.
Reams of academic research shows that everyone in a heterosexual family, including the man himself, gains from a man sharing in a more egalitarian partnership. The woman is more satisfied with the relationship, the couple communicate better, she feels respected and part of a genuine team, and she is less resentful and exhausted by taking a disproportionate share of the unpaid work. As a result, she is happier and healthier.
So if men are happier at home in more gender-equal households, how about at work? Well, if you treat your female colleagues with equal respect and value their competence as highly as that of men, they will like you more, work harder for you and be less likely to leave their jobs. And if you are lucky enough to have a female boss, you will probably find her a better people manager.
The business case for promoting more women to positions of authority is very strong. According to McKinsey & Company’s 2019 report on the subject, which looked at more than 1,000 large companies in 15 countries, the most gender-diverse companies were 25 per cent more likely to earn above-average profits than the ones with very few women. The more women there were in senior jobs in a business, the higher the likelihood of outperformance.
Venture capital is a famously cliquey male field. But VC firms that hire more women as partners have 10 per cent more profitable exits. Another study finds that women-run private tech companies earn a 35 per cent higher return on investment. Yet companies run by men still win 93 per cent of all venture capital funding. So just think how much richer we could all be if we used this potential better.
work than men, are less corrupt and have a leadership style that is more cooperative and inclusive. They focus more on issues that help the most vulnerable. They also win more central government spending for their constituencies and they legislate more.
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