Thursday, May 26, 2022

Women Leaders

 

Luck Be A Lady

Luck let a gentleman see
How nice a dame you can be
I know the way you've treated other guys you've been with
Luck, be a lady with me

Luck may be a lady, but ladies do not depend on luck.

Bosses are rewarded when they are effective. Effectiveness is determined on results.  Those results may be random, i.e. based on luck, or they can be because of a strategy  that was followed.  If it is random, then there is a difference between how men and women are rewarded and treated  in the workforce.  A man is not always blamed when he is unlucky, the random outcome was less than effective.  A woman is disproportionately blamed and punished if she was unlucky. Thus if the results are positive, and the question is whether those results were due to luck or strategy, it is more likely that the results were due to luck when those results were  by a man.

Stated another way, if rewards are given to those who innovate, and risk is to be minimized when innovating, it is more likely that the risk has been minimized by a woman..  With a man it is more likely that the results are due to random events, luck, as opposed to innovations or some other strategy.

If you are trying to minimize risk, then this is more likely when a woman is in charge.  This is not just conjecture.  It is based on research.  https://journals.aom.org/doi/10.5465/amj.2018.1039.  For more on the subject, listen to the interview at https://www.npr.org/2022/05/24/1101064874/why-women-make-great-bosses

 

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