Gender-dominated environments are not good... particularly in the financial sector where there are too few women. In gender-dominated environments, men have a tendency to... show how hairy chested they are, compared with the man who's sitting next to them. I honestly think that there should never be too much testosterone in one room.
Interpretation
Gender imbalance in professional settings, especially finance, leads to unhealthy competition and dynamics.
Christine Lagarde emphasizes the detrimental effects of environments dominated by one gender, particularly men, in sectors like finance. She suggests that excessive masculinity can foster unproductive rivalries and stifle inclusivity, advocating for a more balanced representation of genders to cultivate healthier workplaces.
In practice
In a discussion about workplace equality, this quote can be used to highlight the importance of gender balance.
In the 2013 Economists Program, we hired 51 percent women, 49 percent men. And the reason for that is that we have a draft from all over the world, and we've hired, for instance, in that group, a good number of Chinese economists - highly qualified, all Ph.D.s from the best universities of the world. And guess what? They're all women.
Tackling climate change is a collective endeavour, it means collective accountability and it's not too late
I have lived with extraordinary women, whether it was my grandmother, my mother. My father passed away when I was 16... I was witness to a woman who single handedly brought up the entire family and managed to do everything... She was an extraordinary role model for me.
I'm of those who believe that excesses in all matters are not a good idea, whether it's formation of bubbles, whether it's excess in the financial market, whether it's excess of inequality, it has to be watched, it has to be measured, and it has to be anticipated in terms of consequences.
You know, when I sit in meetings and things are very tense and people take things extremely seriously and they invest a lot of their ego, I sometimes think to myself, 'Come on, you know, there's life and there's death and there is love.' And all of that ego business is nonsense compared to that.
Very often as a little girl, then as a young woman, I have suffered my lot of discrimination. I was brought up with brothers; I grew up in a boys' world. You have to elbow your way in. When you come with that sentiment of having been in a minority for a long period of time, then you are much more attentive to minorities.
Like it or not, women are always subject to criticism if they show too much feeling in public.
Men are boys for such a long time and really don't start getting the great roles until they're in their mid-thirties. But then they've got a long time to do them, whereas for women, it's all about playing younger and younger and younger.
A woman can never be too rich or too thin, but until very, very recently, she could be too powerful, for which - if she wasn't smart enough to camouflage herself - she generally paid the price.
All too often, girls are ignored because their challenges aren't thought to be as serious as those faced by boys.
I don't hold myself out as a role model. I don't believe that everyone should make the same choices; that everyone has to want to be a CEO, or everyone should want to be a work-at-home mother. I want everyone to be able to choose. But I want us to be able to choose unencumbered by gender choosing for us.
Growing up female in America. What a liability! You grew up with your ears full of cosmetic ads, love songs, advice columns, whoreoscopes, Hollywood gossip, and moral dilemmas on the level of TV soap operas. What litanies the advertisers of the good life chanted at you! What curious catechisms!
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