Ep. 41: Journalist Deborah Steinborn Explains Why Workplace Equality Brings Prosperity for All
"Having women in leading positions in the workforce can improve the dynamics of teams, create more collaboration between team members, and it can even lead to better corporate performance on the stock market."
Accomplished journalist and co-author of A Different Mindset: Why the Economy is Becoming More Feminine talks about why women's involvement in business is critical for economic prosperity. Rather than being a zero-sum game, women's contributions to the economy create more wealth and improvement for all. Equality in the workplace, then, is not a "women's issue" but rather everyone's issue. Listen for amazing stories - like what happened in Iceland when women took control - and Deborah's unique perspective as an American living in Germany.
"Having a more diverse workforce addressing issues that are important to women but also to men can only benefit everybody, not just women. Unfortunately, there are many men still out there who see it as a zero-sum game. But that thinking is changing among the younger generation and I think it really has to change."
We discuss what her book is about and what inspired her to write it, her career path starting out at a German radio group, why the economy is becoming more feminine, how the economy can benefit from having more women at the forefront of it, how she discovered that she was paid less than her male coworkers in one of her first jobs, the new gender-diverse culture of today, why she's optimistic about the future for women, how the women of Iceland revitalized their economy and made it the most gender-friendly economy in the world, why flexible work isn't a female issue, why she enjoys being a freelance journalist, and the sad state of women in leadership in Germany.
What you'll learn:
- Deborah is an American journalist who lives in Germany.
- She is the co-author of the book “A Different Mindset: Why the Economy is Becoming More Feminine”.
- The book has been written in German and her co-author is her husband.
- The book looks at economic thinking and practice from a female perspective.
- Deborah starting working in Germany after graduation and became a journalist.
- Deborah has returned to Germany 3 times between living in NYC, before moving permanently to be with her husband.
- The second time she came back to Germany was when she was the extreme disparity between the genders in the workplace.
- Deborah’s aim with the book was to show that the world of business is becoming more feminine and why this is beneficial.
- Women in leading positions can improve the dynamics of teams, create more collaboration between team members and lead to better corporate performance.
- Deborah wishes she’d done this research earlier in her career so she was more aware of gender differences in the office.
- In Deborah’s second job she was paid less than men or equal skill and time on the job, and she only found out after 3 years.
- There is a positive note for the future as we are more gender diverse in culture, society and the economy than 30 years ago.
- Research as shown that trans women ended up being paid less in future positions and that trans men were treated with more respect and their opinions were taken more seriously.
- More young women are joining the world of economic thinking and approaching theories from a new angle.
- There’s not a single female CEO in Germany and there never has been.
- Deborah called up some major companies to ask why there were no female board members.
- Deutche Bank was proud that there had been a single female board member before she died.
- 13years ago Deborah became a freelance journalist.