In 2010, Christine Lagarde, International Monetary Fund’s Managing Director, famously said, ” if Lehman Brothers had been “Lehman Sisters,” today’s economic crisis clearly would look quite different”. Ms.Lagarde was answering the question about whether there would have been a financial crisis had more women been in senior positions.
Neuroscientists have uncovered evidence suggesting that, when the pressure is on, women bring unique strengths to decision making. Credit Suisse examined almost 2,400 global corporations from 2005 to 2011 — including the years directly preceding and following the financial crisis — and found that large-cap companies with at least one woman on their boards outperformed comparable companies with all-male boards by 26 percent.
