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Social Mobility: Getting to 50-50 Gender Parity | DAVOS 2020

Fareed Zakaria
Host, Fareed Zakaria GPS at CNN
+ 4 speakers
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World Economic Forum 2020
January 23, 2020, Davos, Switzerland
World Economic Forum 2020
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Social Mobility: Getting to 50-50 Gender Parity | DAVOS 2020
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About speakers

Fareed Zakaria
Host, Fareed Zakaria GPS at CNN
Sanna Marin
Prime Minister of Finland at Office of the Prime Minister of Finland
Jonas Prising
Chairman and Chief Executive Officer at ManpowerGroup
Phumzile Mlambo-Ngcuka
Undersecretary-General and Executive Director at United Nations Entity for Gender Equality and the Empowerment of Women (UN WOMEN)
Muriel Pénicaud
Minister of Labour at Ministry of Labour of France

BA, Yale University; PhD, Harvard. Formerly: ran Changing Security Environment project and taught International Politics and Economics, Harvard University; Managing Editor, Foreign Affairs; Managing Editor and Host, Foreign Exchange with Fareed Zakaria, PBS; Analyst, ABC News; Member, Weekly News Roundtable; Columnist, Washington Post; Contributor: New York Times; Wall Street Journal; New Yorker; Slate. Trustee: Manhattan Institute; New America Foundation; Shakespeare and Co. Editor-at-Large, TIME Magazine. Co-Editor, American Encounter - The US and the Making of the Modern World. Author: From Wealth to Power - The Unusual Origins of America's World Role; The Future of Freedom - Illiberal Democracy at Home and Abroad; The Post American World. Host, Fareed Zakaria GPS for CNN. Frequent speaker. Recipient of awards, including Emmy award.

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Youngest Prime Minister of Finland. Former Minister of Transport and Communications. Deputy Party Leader of Finland’s Social Democratic Party. Held first political post at the age of 27. Former Head of the City Council in Tampere, Finland.

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MBA (equivalent), Stockholm School of Economics. In May 2014, appointed Chief Executive Officer of ManpowerGroup, leading all business in 80 countries and territories; December 2015, elected Chairman of the Board. With ManpowerGroup since 1999, including: former Managing Director, Italy; Director, Global Accounts, Europe, Middle East, Africa; President, North America; President, Americas; 2012-14, President North, Central and South America and Southern Europe. Steward, World Economic Forum Future of Education, Gender and Work Global System, Steering Committee, Professional Services Industry, Co-Chair, Regional Business Council on Europe Member, Board of Directors, Kohl’s Corporation, Co-Chair of Innovation in Milwaukee, Board Vice-Chair, Junior Achievement, Worldwide.

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United Nations Undersecretary-General and Executive Director of UN Women. First sworn into office on 19 August 2013. Began career as a leader in South Africa and an activist in the struggle against apartheid. Was part of the women’s movement that organized for women’s rights ensuring that they were enshrined in the new Constitution of a free South Africa. Became Member of Parliament and Deputy Minister in the Mandela government. Later appointed Minister of Minerals and Energy and fought against blood diamonds, and subsequently Deputy President, working on the fight against HIV/AIDS and coordinating efforts between the private sector, civil society and government to tackle poverty and education issues. Global advocate and influencer, in 2018 being named the most influential person in gender policy around the world. Member of the G7’s Gender Advisory Council. Has led the organization’s innovative work on disruption of society’s norms, for example with the HeForShe movement’s focus on male engagement in gender equality, or the UnStereotype Alliance’s initiative to use advertising as a force for good to drive positive change. Driving the role of women in leadership and ending discrimination and violence against women and girls. PhD in Education and Technology, University of Warwick, United Kingdom.

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Degrees in History, Educational Sciences, and Clinical Psychology; Executive Alumna, INSEAD Business School. Formerly: local government administrator; with the French Ministry of Labour; Ministerial Adviser; with Danone Group; with Dassault Systèmes. 2008-14, Executive Vice-President, Human Resources, Member, Executive Committee, Groupe Danone; Chairman, Board, Danone Ecosystem Fund for SMEs. Since May 2014, France's Ambassador for International Investment. From May 2014, led Invest in France Agency (IFA), and the French Agency for International Business Development (UBIFRANCE), which merged in Jan. 2015 to form Business France. Since January 2015, Chief Executive Officer, Business France. Formerly: Independent Member of the Board, Orange; Chair, AgroParis Tech; Member, Government Steering Committee, "New Face of Industry in France; Chair, National Council for the Economy and Education; Co-Founder and Vice-President, TV DMA. Independent Member of the Board, SNCF; Member of the Board, Aéroports de Paris. Recipient: French Legion of Honour; National Order of Merit.

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About the talk

Whether in education, work or leadership, gender parity is a global imperative for accelerating social mobility in the new decade. What strategies will ensure that women are equally represented by 2030?

On the Forum Agenda:

- Preparing women and men for the future of jobs

- Improving parity through public-private collaboration

- Tackling the gender gap in highest-growth occupations

Access the Platform for Shaping the Future of the New Economy and Society on TopLink.

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And you have 75% of men who are legislators in the world 75% of men weight loss for all of us in the world. Come on. I thank you. All for coming is you know, the world economic Forum has been very active on this issue. And so it's only fitting that we doing this or reports issued. That is one of the members of their the forms managing board who's here who's going to come up at the end of this discussion and talk a little bit about what the form is doing more specifically but

we have a fascinating self analyst and I want to get right to it. So let me first introduce the Catalyst and then I thought I'd do a little bit of sequential interviewing and then our conversation Santa Maria news, of course the prime minister of Finland mean if you are wondering yes, she is in fact as young as she looks so maybe maybe even younger Maria Pinnacle is the ministry of Labour of France. You might be wondering why she's not negotiating with the with the transport workers right now, but I think she's she'll be easier

if we going tomorrow to do that ceiling. Mlambo. Under-secretary-general and executive director of the un's gender equality and empowerment program and younes Precinct is the chairman and chief executive officer of manpowergroup. So let me start with you send them are in prime minister when you became the head of government became the youngest head of government in the world. What was more important that you were the youngest head of government of the world or that you

were female and that you had such a young and cabinet which was dominated by women. Actually. I didn't focus on the media attention so much. I know it's something else for many countries in the world that we have so many young women. Power we have actually a v party Coalition governments and each party have a women leader in George and four of us are under 35 years old and one of us is over 50 year old. So we do have a different Generations in the government. And of course, it looks different than that. We are used to but I hope that's in the future. It doesn't get as much attention

because it should be also seeing as normal but we have different Generations different genders in power to making decisions because if we look at the flation, there are different genders, there are different Generations. So we need people from all backgrounds. Is it different to have you know, I'm a majority of your cabinet is women so many young is it in fact you think there's something different about the nature of the conversations you prob? I've been in rooms and committees which were dominated

by men. Do you do you think that's a different quality to the kind of conversation you have now in your cabinet? Well, we started at work last summer when we formed the government and we changed the prime minister is last December. So of course we do have the same program. We do you have the same vision. Do you have the same agenda at the week? I used to have and we are very committed to build the society at the future in a way that is socially economically but also environmentally sustainable. So actually the agenda hasn't changed we have worked on these issues before and we are

continued continued work today chenda 1/4, of course, it's a different environment that we are used to bust up the first female prime minister in Finland. And we also has a female president when I was younger lens and growing up. So maybe it's not such a big deal in Finland that we have five women in power and that we have fight female prime minister. Best of corset Shop shows me as something that the media and the global Community is talking about it.

So maybe today it's something else but hopefully in the future, it's the new normal that we have people from all kinds of backgrounds and making the decisions in powerful places Coalition or women. How do you meet where do you meet when how does it work? Well, it works like another government. We have made any sense. We make decisions that we don't have locker room talk interview you gave you said you use sometimes meeting in the sauna. So but of course I suppose that's not so

different in Finland. Actually, we've been together with the five female leaders and talked about everything else get to know each other because when you know people you're working with you also can cooperate with them better. So I think it's very important that we also have a social life and we also communicate in a formal way. It helps also in the formal meeting to get things done that a conversation that is that has more women is less for example conflictual that women are tend to be more willing to find a compromise or a solution that is more Cooperative. Do you believe that's

true or do you think that is in its own way but kind of gender stereotyping and that actually, you know men and women are essentially you know that these Dynamics are the same no matter whether there. 8 Women into men 08 men into women making Phoenicians Traditions are better because different angles are being point. I was done being used. So I think it's very important that you have different angles and different backgrounds in the discussion and also in the decision-making process. I think it's better for everybody knows it's not

only better for women that we have women in charge is also better for them. And we have many issues that we have to work or also in Finland, even though we are a country that's been pioneering in gender equality. But we also have many things to do and one thing before I leave because we do have too few for fathers that's are spending more time with their children when the children are very young and we want equal equality system. And actually me and my husband.

Parental leave in half. So I spent six months with our small daughter and my husband spends six months with our daughter as well. And I think it's very cute also for them if they can field sausage trust busting and engaged. How do you say relationship with their children? So I think it's very important. I feel that we also have a lot of things to do in Finland when it comes to gender equality on equal pay when it comes to town. So leave for example of face to avoid the issue that we need to work on in Finland and it's very good that we have

different people from different backgrounds and actually are gender equality mean if there is a man in our governments so so I think it's very good that I should we have different perspectives. We need everybody on board. It's benefiting everybody. So we need everybody on board share the the work-at-home equally or do you feel like many working women that actually you end up having to do more of the house house work? I think we we do have a dynamic with with my husband and

also because we have a small child and I have a very ambitious work spend a lot of time and work. We also have the conference helping in the everyday life. So it's very important that you have also the network that you can do things that we will help you so nobody nobody makes it alone. We need each other. We need everybody who is involved in our life. Mario let me ask you your you're coming to this from a perspective of having sex probably spend a lot of time in situations. That would fight male-dominated.

Do you think it's hasn't changed enough? Is it on the right track or do you know how would you give us a greater almost and reflect a little bored with what it's been like to work in these environments like she was up to pay supplemental it clearly. We need to accelerate first because you never know we can go back and some country can go back and also because when there's a momentum you have to fix the bathroom and to go to prove that happy to share the French experience into steps first in the 2011 for women on boards

and why the regulatory wanted to act because there was no progress there where 10% of women on Lisa caban Evo any was not moving because soccer What's the worst nobody? Wizard of the kitchen in five years to comply today with 43% of company in France and the whole thing of the regulator and last year we passed to another level. And before I came to the apartment to presence is low on equal pay we have worked for 4 months with sombreros woman Association companies to design it not only as an obligation

as an assessment, but also as a tool for action for 12 we have done last year is now in front since 1 years is navigation of result on the pulpit Natalia principal practical application sanctions. If you don't respect you have three years to comply but keep it together and index of a parfait which is on In the end you get older falling to need to have four out of 10 women in the top position and what happened in when testing that most of us who discovered there were a lot of discrimination than company. I mean, I don't know any Co that's in the

morning to hear from HR self self-esteem. Sometimes it don't apply or think it's not possible because they don't share it impossible for family reasons. And so it seems that there's a real train and Wednesday in a mosh pit wasn't reviews. So Gone photo, so we'll see. Whoever it is not moving enough. We will move another way, but I'm quite confident because everyday I meet Tampines I say we just a shock to realize that we wanted to do it as a fractions is only 5 to 10 years could be 50/50 just 45 as a fraction and I think there's a

momentum for that end in March expenses with 40,000 company above 50 employees would go very very deep in the society. It's almost five minutes of that. We get equal equal opportunities bus will improve and why we do that for obvious reasons of justice and a half and half but also for economic reason for that. What does a poodle sound mini cities that Mackenzie said evaluate that's if they were equal pay in the world. It would be 12 p.m. Tomorrow and there was a recent studies in Europe that if we we go for that in Europe increase GDP per

capita by 6% and for obvious reasons a woman, but also a lot in education has cumin boots that had two whole society 224 Eli when do you must have to have a side emo macro perspective cuz you looking at this in so many countries if the goal is to accelerate where are the blockages and what should be done about them since Lee? In a presentation of women in leadership is a governance issue. We need to look at it like that. We need to think about Democratic work place. Where is many of

the Cheeto who work there as a representative not just do not just women and men with everyone else who may not be their second me. We have lots of progress as far as girls sending in EDD in education, but that does not translate into girls in the marketplace, especially in senior leadership in order to help the acceleration affect the pipeline who are not being selected. You actually need to put measures regulation. You need two coats, you need Target's whatever but some special

measure to push the pipeline to get to the right place. And of course, we also need attention because even when you have them the workplace isn't always welcoming. So you need to attention so that they can stay parental leave is one such you need to deal with the unconscious bias and the culture in the workplace uni, The Den with sexual harassment which is one of the reasons why women sometimes do not want to stay at in high places. Combination of measures that she needs to get to

drive from the private sector. What is it that you think you know, what is it that you share because one of the things Merry and ended in Sanibel talked about his people say but there aren't enough, you know, the reason that Stalin that I would love to have women, but there aren't the qualified candidate to what is your perspective? But I would say those kinds of statement at least from our own experience. I'd I put in the category of all turn on since it's a it's a matter of how badly you want it I can in our own in out. So we come from this of course with a

great view of what's Happening labor markets will demographics with the moral case. Of course is clear the business case. Then you prime minister talked about this in the world at disrupting and transforming at a rapid Pace. You really want to have as a diverse talent pool and thought processes as possible to make the best best decision. But if there is a business case, let me press you. Why is it not happening? In other ways that businesses would benefit if there is in fact this addition to the economy, then I'll businesses shooting themselves in the foot. Absolutely because in the end

that this is exactly the question I asked myself six years ago. If the business case is clear the moral case is clear. We only do you should happen. Nobody wakes. In the morning saying that discriminate against somebody why is the needle not moving and I think you've heard some of the reasons here. First of all, it's not good high enough on the strategy. So if it's a program or it's a metric that's one of a hundred metrics. It's not part of the strategy that is truly going to drive better business outcomes. Do you have to put it at a level priority board

senior leadership and management that is truly understanding the drives better business outcomes, but the most important part I think is culture. You have to make it socially unacceptable not to have equal representation at all levels and who's the first person that is going to affect both strategy change in implementation and cultural change is the leadership. So the first one responsible for not making it happen is the senior leader in this case myself. Flies that we did not have a culture where it's socially unacceptable that it is

my job to create a culture that is that has conscious inclusion is what's going to move the needle and I have to say I've been surprised at seeing how quickly when you decided that is the level of priority and the approach that you need to take how quickly you were able to move the need for 45% of our board is women directors aiming for 50 36% of our Senior Management is women up from 26 or 7 years ago heading to 50 or interim step is for Teresa to your point. You have to have very clear metrics or what is

committed and is holding me accountable for making these changes just as they are holding me accountable for executing on a on a business strategy to develop the Chinese market and I think when you do it in this way, you can see much much more rapid progress and we've seen In many instances including in our own organization in the past and that's why I think this idea that it's difficult to find people that that would be the reason why you can't happen in my experience. It's not true. Did you really want it badly enough? You going to make it happen? Just as you're going to make the

other things happened that you have to make happen in the company for it to be successful in the long term. Thank you very much. And we have to realize that there are people behind you are actually very conservative sometimes and we do have a mini case studies the save us people think that's the people who reminded of themselves are at more qualified. So we we do have older men in power. They seek a similar minded than and similar looking people and things that they are more qualified than they are not always making the decisions

to work on this issue. We need to make it transparent that we do need the actions that are concert concert and we need also the political structures and changes in society. So we can of chopped leave it for in the basement system cells or for the organization themselves. We do need government the structures. We need lost. We need a similar mind off of culture and and we do need to work on this because it's a guns conservative World in many points plus the one part about this that I've noticed and when you look at the data, is it at the

top it's still very male-dominated but even companies where you have a loser so your experience at Manpower is actually quite unusual. Why do you think that happens that at the top of the board of directors the Senior Management even places that have forty 45% of women in the lower levels will have 10% women and how do you change that face share? The experience of friends? We have solved the question of board of directors been with the low. Ford and Sons of worship to say there's no Talent

at one out of three still a lot to do that for inside out of three member of the executive committee, but it's quite Fun Since the index Would Have Made It transparent so it means all the company have to replace it. And guess what what happened the first day because now we're already 777 company only on 7th South and Company on his 3% 167. What they have done the first day that say a prayer with us. We're the only one that old sew and sew in the back of the legs good. It'll be

enjoying the company West 9th and 19th century because there's no equal to the cultural change within the society and the flex event. The old white is too long and we cannot wait 1 2 3 generation more we when we launched this index of why we measure that to be the reason why the face of the progress we we need needed steel 5 generation with what we have to do with also. Repetition transparency laws are Ascension leadership. Is there a is there a developing country developed country died dichotomy here or developed countries better at this? I mean, I know there are some

places Roman there whether those lures and so you are very strong female representation. But what's the overall picture like a reminder at some point Afghanistan had more women in Parliament than the US South Africa kills you have in Mexico now, so it's actually fairly thoroughly mixed in with many things is sometimes better. Interview wrong in Africa. This is one area where they sexually progress and presentation and in decision-making is not in private sector prime minister advice from you. I think the US in terms of

percentage of women and it's legislature. I think I drank 75th in the world. How do we get it up? Well, I think you need some. I need to make many decisions we have house for a long time in our law. For example in municipalities in CT. If you have to have at least 40% of the men or women in in the body, so you need loss and I'm not sure about the US legislation if you have something like this, but you need to floss and you need structures that leads the way

to tell gender equality. It just doesn't happen by itself. It just doesn't happen by itself. You need to work on it constantly and also I think it's very important to realize that it doesn't always go forward. We also taking back what the we all have to fight each and every day for equality for a better life because also there are things happening in the world that's going back for So it's very important for for everyone to Stepping. It's not somebody else's still this is why I go to in

the politics because I realize that things just don't happen by itself. I have to work I have to do it myself or my friends and then people around me have to do it by themselves and we need everybody in mouth and making taking 264 with that we will eventually Have gender equality we have things to do also in Finland, but I'm not sure why is it so dusty United States representation is so low when it comes to women because it's a developed country. So you have to the US citizens why they are picking men while swimming

Jonas you have any thoughts It's pretty clear that we talked a lot about how can we include more women in the workforce and especially at at all levels and the in a lot of governments and then especially worried about them a graphics in the declining birth rates everywhere including in the US and until we we we think about that a lot when the answers are pretty clear and the evidence is also very clear the data shows that you provide childcare and eldercare at scale so that women can fully participate

in professional life and growth. They will participate in a great City in all facets of life and and as much as governments talk about so, you know doing different things. The reason they are not really adopting. This is the one and only truth is that it's expensive and it will require to be paid for and that's why governments are reluctant in the US the benefits for working mothers maternity leave and others are extremely low. When it's compared to for instance to Finland or or France or other countries all over the world. So I think that is the key driver

behind the difficulty for women to fully participate during the course of their careers some dude and we are lucky in our own company to her have that women that have risen and are rising to the top of where they do. So at Great personal expense and sacrifice rank, in terms of what they have to do to get make this whole equation work between professional and family family work, but I look at it when you look at the Historical perspective. This is perhaps the most profound social change that is taking place in the world over the

last 30 or 40 years reserve you think about how many thousands of years men have been dominant particularly dominant in the workplace and this Transformation it's you know, if you think about one ethnic group being on top forces, but the bottom of this has happened. Those things happen all the time, but this has been a structured reality in the world for so long you go back then and now in just the last 20 or 30 years has been addressed and it has produced backlashes various kinds. So I think it

you know, it's one of these things we should we should not be surprised. It's hard. We should not be surprised that there are backlashes but that's all the more reason to just keep a day after day justice as the Prime Minister said it has been addressed because that's his illusion of change and you have 75% of men who are legislators in the world 75% of men weight loss for all of us in the world. Come on. And it's too much the number of women who are in leadership also in private sector it's not adequate.

So when we see it just a critical mass appearing not equal critical mass at. It's almost like they're taken care of. So we have to fight poverty is para see if it's not parity. It's it's not the real thing in the world 60% 66 0% of workers in the informal work a woman 80% No social security retirement no real be so I think that's a question of priority has to go Equation of a real access to the academy if we don't they wouldn't be never equal. one of the things that we haven't talked enough about is You know this win the debate in the United States how much of this is that

women need to demand these these kinds of positions and how much of it are the kind of structural changes you were talking about family leave parental leave. They did was occasioned by the book by Sheryl Sandberg lean in and there was some people who said this is important, but it's women leaning in his not going to be enough. You need to change in-laws you need husbands were going to do housework. You need all those kinds of things that it isn't just a question of what women demanding this would you tend to agree with that?

Yes, of course. The freezer to Regular Show has two two creative targets and enroll at all to have to be a complete review. The question of daycare for instance is very important in France. Where have the highest death rate with England in Europe? And that's how you do. We just have not perfect. But better day care if you ask women that skin, Japan and Japanese are fixing it now to choose between carrier and Company once I will not have no child. What's the most you can have daycare divorced you work?

Newsela you said parody Insperity? I don't want to ask her controversial question because I think it's I think people wonder about this. Is it possible to imagine a world of equality of opportunity where there will be some areas some Industries some professions? Will there be many more women than men but others in which there will be many more men than women. In other words. Should we be tolerant of the idea that not everything will always be 50/50 but if we are taught how do we know how can we be sure that it's not because of discrimination.

You see my point. Is there could that be something potentially some areas where you notice these differences even though it does not appear to be the product of discrimination if we have many areas where there is adequate representation. You can tolerate lapses in some areas, but when we've met General under-representation, then it's better to push and push very hard will aggregate. he has enough right now who I still in the apart and it pushed so it's it's the context that way in right now human capital

labor markets that would justify an under-representation in any sector on any skill said, you know a lot of this is based on Could you tolerate a massive over-representation in Sumerian? Otherwise, wouldn't that be? Is that okay? I mean, how should we exist today for historical reasons in many professions of women it goes both ways, but I see no reason why that would have to be have to be the case. I want everyone to get an equality is in something that is only a women issue. It's also issue

for the men. For example, we we do have a problem infinite if we don't have enough men in the healthcare sector in the social care sector in for example day care or education. So we do need more men in these sectors working together with with women and we do need more women insect. We need more women in various places. So so we do have a problem with women, but we Also have a problem with men and it's very important that we realize that it's not women issue. It's a people issue.

Why you have sectors and always the same hands daycare. That's women taking care of people is women physically coincidence. When you look at old TVs see you today in the stereotypes so deep in the society men and women don't have a choice 80% of the youngest shoes training and job, which is The Stereotype of the men and women. So we have two men and women of the stereotypes that choice on the market. And you also still find that even in those areas where women are over-represented say for instance education in primary schools in some countries and in

most countries that should teachers are women, but you find the school principal is a men. So if everything is under control? Let me see them. There's some interesting and clearly very enthusiastic audience. Is there somebody here who has a particular perspective or a question or something you want to add? I I don't have Dara Mike's. I think we have in the small enough room that you can I think we do have nice. All right. But just be brief if you have what most of the time we talked about unconscious bias

against women, but I think most of the time it's just plain and simple discrimination. We just prepared a paper about a discrimination in in financial markets, especially getting laws. We hired actors and actresses with similar characteristics and we find face discrimination. So help me with this how to tackle this through regulation or I have to respect the a nice behavior from from the banks emphasized the importance of Law and you can to make sure that that's easier to do business. Is there a danger that they're dead that they're too much of

this is done through regulation or how should one balance that you know that concern. I think we will agree that usually business doesn't like governments to make too many regulations. I think we can agree with that and the right mini every week have see you Thanking us which layer why because I give them a tool to use to compare compete positively and to act out to do you just mentioned in the financial sector when you look at the access to Capital Access to

venture capital women have less? Yes and Lauren and it's everywhere. Each sector has to do something. You can win Finance in the access to Capital you can be in that business and government is it can be in having also prefer daycare. So you have a real choice. What company watches Donuts say they are better than evidence that they are stronger as in a government better decision diversity brains Innovation, bring her business and bring about you and that's in fact your expression that uses that we must not lose rementer because I'm afraid of

heights Apartments so that you never know if we continue on a Metro ticket now and make it to the second right there. Thank you very much. I just wanted to serve very quickly. I think we underestimate the sphere of from young women who are in positions in the work environment to speak out. So I just urge people who are older who are in a position of perhaps a little bit greater Authority or don't have that much to lose in the end in the end that job or wherever they might find themselves to speak up specially in social situations cuz we can have this kind of conversation and then

tonight you go to a dinner and there's three women in 55 men and no one says anything. So I think it's up to us to be in that social situation to ease that secondly I am a huge huge fan of mandated closes of all kinds of Regulation. I'm sorry, but I do believe more regulation more government intervention. This is a I hate to say this way, but it's a constipated atmosphere and environment. We're in when you're really really constipated. Sometimes you just need that laxatives and then things happened, okay. I don't think I've ever I did I just a quickie by

answering my plea by going on and I'm trying to get the microphone that be lovely. Thank you. Just a quick comment. We have men we have women but they're also other genders and we need to think about that as well going forward and second. I'm just curious are women let organizations more equal. What do you know what I was running for in the fast we hit by publishing article by Francis fukuyama call what if women run the world and its basic point was it would be a better word because there's all the evidence that women are more cooperative and

such but the lot of women reacted by saying that someone will be better and someone will be worse. Let me take one more night at the back. There you. I just want to add a little bit on this topic. We talkin about the women being discriminated in the workforce and we talkin about the reason this may be because of the culture of organizational culture. Why don't we change the perspective we take the social economic responsibilities and valuable contribution both men and women to look at it and women actually taking

much more responsibility as a contribution in terms of the children children caring responsibilities family and also the society consumption and then the product helps with productivity contribution. So from that point of view, it is a social structure problem is not the problem is not the regulation it is we believe that everyone needs to be on the workforce. Then it is a Staters that's wrong. So if we take the holistic value contribution man should have be standing sitting there. I hate we being discriminated by women because of weight can only

going to the workforce and we have no say our little say in family. So I think we should have changed the perspective of looking at the holistic value contribution women. Should I take a much more leadership in the society about the value that would be unlocked from men to embrace a role in which they're also participating more in the raising of children participating more in looking after people, you know, taking care of other people doing doing whatever else it is. It's it's it would be a balance

that would benefit everybody and now we will go to the world economic Forum managing board member who is going to give us a sense of what the form is doing about all this. On the Thursday midday in Davos. I think it goes to show the importance of this agenda the continued importance office agenda. How do we want Devils? 2032. Look, I think we wanted to look 50/50 across different Industries across different dealership groups and we want the rest of the world to look that

way. And how are we at the world economic Forum going to support that agenda? Well first debate such as this one and support for this concept that governments need to be driving a lot of that changed but also businesses need to show intentionality one through data. We continue to every year provide a yard stick to the world in the form of the Global Gender Gap reports than just continue to do that because it is important that there is that metric we're also trying to design new metric. So we've been working with LinkedIn and others to try to understand what exactly is happening in

job markets and in terms of skills, and there are some pretty worrying statistics about the skills gaps when it comes to some off the most valued skills of the Share some of the most in-demand skills of the future, especially on the stem and it side of things second working with many countries to set up closing the gender gap accelerators. So public-private collaboration said say how do we get to more gender equality in three years? So not 30 years and three years in various countries, and delighted to be working with seven countries in Latin America have friends the first country in

Europe Egypt the first country in the Middle East and Africa region, and looking to partner with many more. So, please speak to us afterwards and 3rd, and you'll hear about this later today hardwiring gender parity into the future of work and a major set of commitments from businesses that if we pick the highest gross professions of the future less really focus on that and ensure we get to parity within those. So that's three of the things that we will be taking forward and looking forward to more ideas from all of you. Thank you. That's fascinating and a nice substitute substitute note for a

strand on. Thank you all very much for fascinating conversation. Thank you.

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