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telelogo4.jpg (7056 bytes)   Kathmandu,Wednesday, 02 January 2002

I N T E R N A T I O N A L


How do Women Lead?

-Janet Schayan, Germany

If there is a new women's movement in Germany, then it is heading for the executive suite. This is not a quick onwards and upwards development, but a long, measured-but so far constant-progression. Three facts:; Around a third of all new businesses in Germany today are started by women, not the least reason for which is the fact that if you have your own company it is easier to coordinate family and career. From 1986 to 1999 the percentage of women at all management levels has risen from 4% to 13%; not a satisfactory figure, but at least it is moving in the right direction. The number of women legislators has also been rising consistently, from 9% in 1980 to over 31% in 2001, a figure, which puts Germany in the fifth place in the European Union.

However, the air gets awfully thin for women at the highest levels of Germany's major companies. At this level, the glass ceiling-that famous invisible barrier that blocks women from reaching the top levels of management-seems a lot more solid thean it is medium and smaller sixed firms. the percentage of top of management jobs held by women at large meager 5%. The pictue is smaller all over the wordl. Only 1% to 3% of the top executive jobs at  teh world's largest companies are  March 2001 study bye the International labor organization. with some 4% of management jobs occupied by women. the United States seems to do imposingly well in the regard. Whether this figure is fair however. cna be argued, as the term "management" is sued in that country to describe even some very low level positions.

With more  women assuming mangaemnet position. does this also mean that they are bringing with them particular femal style of management? Is there such a thing?/ Do women lead differently?/ This is a question which a great many management circles, seminars and books are constantly re-examining with both zest and controversy. And if we were to believe some authors on the subject, then we are facing the beginning of an age characterized as "female"', an age in which characteristics associated especially with women-communication skills, team orientation, task-specific working-will become the main ingredients in the recipe for business success. The economist Christian Lutz, director of Switzerland's leading think tank on the future, sees women "when they assume key functions in future organizations as being as privileged then as they have been disadvantaged in the past". He notes that being future-oriented does not just mean in terms of expert capability in one's field but in a social sense as well:; Less leading the way and more forming the team; more pragmatism, less ideology, all factors which are stereo-typically thought of as intrinsically female.

Author ELKE DOBNER (How women lead") also believes women have a different management and leadership style. Men, she says, tend to exert pressure from the top down, whereas women use teams to reach a common solution. She maintains that the EQ, emotional quotient, is simply higher in women than in men. Professor Gertrud Hohler, the grande dame of German political and business advisers, registered her thoughts not long in her book, "She-wolves amongst wolves"'. When men make mistakes when women aren't there". She noted: "Men focus more, women also take the periphery of the spectrum into account. Men pursue goals, women look at the people who are to achieve them. Men communicate strategically, women communicate in order to engender trust".

"She wolves" with high EQs

What does the empirical evidence show in this regard? Sonja Bischoff, professor of economics in Hamburg, has published three studies since 1986 on "Men and women in leadership Positions in German Business." Her results: " There is no durable evidence that women basically lead any differently than men do." Both sexes, she says, have cooperative and authoritarian methods of managing, independent of the situation. Bischoff says that when it comes to gender-specific role behavior, "no difference can be seen at the executive level." She maintains that today women have an exceptionally positive relationship to power, which was not the case at all in 1990. What is also interesting is that, according to her studies, men and women have the same ideas about the leadership qualities needed for the future: cooperation, team orientation, communication skills. And in the real world the topic does not seem to be one either: "Whether women lead differently is not something that interests us"', says Nicole Funck of "Women in Management." "What is important is whether it works"'.

May be the central question can only be answered with some precision when we have the empirical basis of more women being in management positions than is the case today. There are many programs aimed at exactly this, such as the joint EU-German Federal Government initiatives "Preparing Women to Lead" and "E-Quality Management". One important step in the right direction was the "Promotion of Equal Opportunity in Private Industry", launched by the Federal government and leading industry associations in July 2001. This was the first time ever that German industry actively undertook to develop an equal opportunity policy, up to an including top management level. Federal minister Christine Bergmann, responsible for Families, Senior Citizens Women, and children:; "'Our society and industry can no longer afford to do without the know-how and abilities of women". Seen this way, it makes no difference whether women lead differently than men or not: The main thing is that they do it.

The author is an editor of Deutschland magazine. Text courtesy: Deuschland magazine E4 Nr.5/2001. Embassy of Germany in Kathmandu.


The Euro is on the way

-Annik BIANCHINI, France

In a few weeks, the French will all have coins and banknote in euros in their pockets. It is the currency adopted by twelve member countries of the European Union. The public authorities and financial establishments are using pedagogy to prepare the French for the withdrawal of the franc.

On 1 January 2002, France will end more than six centuries of the reign of franc and the single currency will come into effect in twelve European countries. Never, in fiduciary history, has such a drastic change occurred simultaneously in so many countries. Neither will such an event ever have had such significance on a political and economic level, but also on a cultural and psychological one. It is in the name of an efficient Europe, but also a strong, sound and united Europe, that twelve nations have exchanged their currencies for banknote and coins with a promising future. In order to prepare public opinion for the arrival of the euro, in France, a nationwide information campaign has been carried out all year. To find information, private individuals can consult the guide called "A hundred questions and a hundred answers on the practical changeover to the euro", published by the Banque de France and available on its Internet site (1) but also visit the French ministry of economy. Finance and Industry site (2). From January 2001, French electricity and gas bills were drawn up in euros with the total amount in francs written for information in small characters. From the summer, France Telecom did the same thing. On 1 July, the bank accounts of private customers started to be switched over to the euro and civil servants received their first pay slips in euros. Any new chequebooks issued are now systematically no longer in francs but in the new European currency. However, nothing has changed when it comes to paying for purchases in shops in both large and small volume distribution: private individuals can pay either in euros, using their new chequbook or their usual visa cards, or continue to pay in francs with their cards or old chequebook until the end of the year. 99% of supermarkets display prices in both francs and euros.

Today, the euro concerns everybody. That is why information is a priority. "The euro is easier together"' French slogan goes. The information campaign, run by the advertising agency Publicis, has a budget of 42.6 million euros. This large amount of money is justified by the fact that the campaign, spread over eighteen months following a schedule divided up into four phases, is aimed at the largest target possible, the whole of the French population without any distinction of age, social status or place of residence. After the radio messages broadcast at the beginning of the year, television films have taken over, followed by notices in the daily press and magazines. At the same time, thirty million copies of the leaflet presenting the main stages of the changeover to the single currency and a single guide to the euro have been distributed. Small businesses and teachers also benefit from specific action which is being taken for their benefit. "School children, who are inquisitive and interested in anything new, quickly grasp the euro and ask the right questions", a primary school-teacher notes. "What is more, unlike most private individuals, they can handle their future money as the pedagogical tools thatwe use always include samples of coins and banknotes." Once the euro has been adopted, the campaign will continue until September 2002 with information aimed at people who will experience the most difficulty in adopting the new currency. In addition to using the media, information will be available in public places such as stations and shopping centers in "Euro kiosks". A few weeks away from the day of the big changeover, one has to be practical. (By time this issue reaches the readers, the Euro will have come into action already-chief editor). The movement is in full swing. The French banking federation congratulates itself; "In mid-September, a million cheques were written in euros everyday compared with 600,000 at the end of August that is 6% of the total number of cheques processed daily"'. Banks consider that they will have provided their customers with cheque-books in euros by 31 October. It is a good idea to get into the habit as, from January, it will be quite impossible to write chques in francs.

On Saturday 15 December 2001, packs of the first euros will be available in financial institutions and at the post office. French people will be able to buy packs of euro coins, containing forty coins woth 100 francs, to get accustomed to this currency. However, they will be not able to use these coins until the beginning of 2002. The most sensitive period will start on Tuesday 1st January 2002 with the beginning of cash payments in euros, and will end on Sunday 17 February at midnight, the date on which payments in francs will stop. During those seven weeks, both currencies will be legal tender. From 1 January 2002, private individuals will be able to change their francs to euros at the fixed rate of 6.55957 francs to euro. Mr. Laurent Fabius, the French minister of the Economy, Finance and Industry, was keen to point out that "'there will be no charge". For the period stretching from 18 February to 30 June 2002, any remaining francs will be exchanged for euros in banks or at the post office free of charge. However, in France, it will still be possible to exchange any coins at the Banque de France for three years and bank-notes for ten years. Europeans will be able to use seven new denominations of bank-notes, 5,10,20,50,100,200 and 500 euros, the main one being the 20 euro note and eight values of coins. Most banks, in France, will give their customers currency converters. The post office decided against calculators in favor of hologram cards. This is a card which, on being tilted, will reveal the equivalent in euros of an amount indicated in Francs. The Societe Generale bank, which has 6,3 million customers, has decided to give out proper calculator-converters. It has already distributed more than 2.5 million of them. The euro odyssey has many stages but no violent episode. So much the better. Until now, the changeover to the euro has been a matter for technocrats and central banks. From now on, it concerns everyone. 


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