A Reader saw this on some discussion boards, but he thought it was an April Fools joke. Apparently not: Captain Capitalism posted it yesterday.
We’ve known for some time that companies that have more women on their boards have better results,” explains Bart. “Our findings show that having women on the board is no longer just the right thing but also the smart thing to do. Companies with few female directors may actually be shortchanging their investors. —Women make better decisions than men – DeGroote School of Business.
A Reader has always known that people in B-school are three types of retarded: seriously retarded students, terminally retarded teachers, and hopelessly retarded management. But apparently their “journals” are also retarded.
(B-Schools are like cargo cults: they copy the visible elements of scientific and technical fields— like statistics, mathematical models, technical-looking diagrams, and [what they call] experiments — but there is nothing solid at the bottom of it. Easy to prove: what would have happened if that same study had shown men to be superior to women in all managerial tasks? First, it would never be published; second, the authors would be fired and forever unemployable; third, more money would be given to women’s groups to apologize for the study. So the conclusion could only be one, even before the “research” started.)
Of course more successful companies have more women on the board. They also spend more on interior decorating, have more perks, more private jets, and managerial “retreats” at five-star resorts. The causality is they get successful first, then they start spending money on fashionable items. Women on boards are very fashionable, and good PR.
This bullshit continues:
Bart and McQueen found that male directors, who made up 75% of the survey sample, prefer to make decisions using rules, regulations and traditional ways of doing business or getting along. Female directors, in contrast, are less constrained by these parameters and are more prepared to rock the boat than their male counterparts.
These are the directors, who basically aren’t making decisions, they are laying down guidelines for the management. (You’d think these learned business professors would know the difference, but these idiots have never held a real job in their lives.) Men stick to rules and regulations, so they set guidelines that managers can rely on; women make arbitrary judgments, so the managers cannot trust the guidelines and must try to guess what women directors will like and hope they don’t rock the boat in the middle of some critical project.
Contact information is for a Julia Thomson, “manager of marketing.” No surprise there, women in business flock to marketing (lying and bullshit) and HR (HaRassing men), because finance needs math that they by and large can’t do (finance is evil and parasitical, but it’s all numbers) and operations is for serious people who usually have real experience in production under their belts, aka men.