Summary of A Feminine Response to Iceland's Financial Crash
Could women have prevented the financial crash of 2008?
If the world of finance had heeded the female perspective, the financial crisis would not have happened. That’s a bold theory. Or is it? A lack of diversity can lead to groupthink; a lack of alternative perspectives can create false confidence in bad decisions. Given that men comprise the vast majority of the financial sector, maybe fund manager Halla Tomasdottir has a point when she claims that the financial services industry and other segments of society need a more balanced view. getAbstract recommends this talk to human resources professionals and to professional and lay investors who would like to know how to stop cloning a system that crashed because of its inherent faults.
In this summary, you will learn
- What economist Halla Tomasdottir believes went wrong in the global finance industry,
- How she incorporates "feminine values" in her financial services company, and
- Why your company will benefit from diversity.
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