The theme of our conference this year was What’s Next. So we thought it was a great opportunity to make some predictions.
Prediction #1
This season, the Knicks will not win more than 30 games.
It’s been another long year for the storied franchise. Perhaps the Knicks will be able to right the ship with a promising pick in the 2020 draft after missing out on Zion Williamson last year…
Prediction #2
Women Will Have Increasing Power and Influence in Society.
The past couple of decades have been marked by increased focus on social and gender equality issues, and there has been progress made towards more equality between women and men. Compared to 20-30 years ago, today women play a more significant role in our politics, legislation, education, and business, among others. The results have been undeniably positive, but there is still a long way to go. After all, women represent about half of the population and the labor force.
We believe that the current momentum will be reinforced by (i) the ripple effect created by women who already are in influential roles, (ii) the impressive number of women with education, particularly advanced degrees, (iii) the increasing control of women over financial decision-making, and (iv) the values and open-mindedness of the younger generations. That’s how we believe the gap will close.
Research has shown that women in executive positions tend to be better at creating a safe and respectful workplace, valuing diversity, and providing fair pay and good benefits. Companies with more women on their boards or in executive roles have had better financial results. The following charts show companies in the S&P 500 Index with more female executives have consistently generated higher ROE over the past nine years. Our research shows that globally in 2018 this was also the case across multiple profitability metrics.
Read more here.
