When you build flexibility into the bedrock of how work operates, you destigmatize it.
, and it may be just the thing to make finance more flexible and family-friendly, doing what decades of women’s empowerment initiatives couldn’t.
Right now, European markets operate from 8 a.m. to 4:30 p.m. The Association for Financial Markets in Europe and the Investment Association, two trade groups, are proposing shortening up the trading day by an hour at each end. Imagine, for a moment, that your workday was shortened up too, and ran from 9 a.m. to 3:30 p.m.: it’s time enough to drop your children at school, exercise, squeeze in an errand and prepare dinner, attend a community event and get all your work done.
Diversity and flexible work initiatives have made positive change around the margins of our workplaces for decades. But their adoption, perception, and impact varies widely from company to company. If companies aren’t careful in how they highlight difference, womencan end up feeling othered and relegated into a separate room.
Reducing stock market trading hours is a powerful initiative for people who work the markets, but it doesn’t solve gender inequities embedded in other fields. Of course, those inequities aren’t static: just look at medicine, where an industry-wide trend towards consolidation has, by happy accident, turned being a doctorSo, business leaders, I challenge you to do one better: to consider the structural inequities built into your workspaces, workdays, and work lives.
As executive director of Forté Foundation, I fight every day to achieve equity in the workforce. Opening the door to business education, professional development, and a ...
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