Problem definition: Our paper builds upon the philosophical perspectives mainly related to organizational form and innovative performance in the Female/Male Leadership Behaviour. Based upon the in-depth literature review provided in this paper, we also propose the new SHEconomy - Management 3.0 Benefit Framework of Gender Diverse Leadership for Greater Innovation, Social Responsibility, and Firm Financial Performance (which we can refer to as the SHEconomy ICF Leadership Benefit Framework or just SHEconomy ICF Framework).
Methodology: Analysis of literature (theory) and experience-based information - ie not empirical. Introduction of a; New model and framework.
Abstract/Result/conclusion: Overall, in conclusion, there is a tremendous amount of research and work that needs to be done to reduce the gender gap in business, politics, and other arenas to helping to make the world a better place for humankind and to protect the sustainability of our planet.
The term “SHEconomy” -which blends the words “she” and “economy” - appeared in a 2010 Time Magazine story to represent women’s growing economic power at work and in the marketplace. SHEconomy was predicted by Intuit to be the number three trend in a forecast of top twenty demographic trends within the next decade . According to the Intuit 2020 Report, “women, especially in emerging markets, will be a dominant force in the global market – taking increased leadership responsibilities across business, government, and education
In the early 2000s, the SHEconomy® idea was introduced in Europe and in the Nordic by Fagerland (Ilo.org, 2005; Eliassen, 2003). In 2003, Benja Fagerland, then Gender Equality Manager at the NHO (Confederation of Norwegian Business and Industry) developed a Female Future program to raise the percentage of qualified women as board members (to a quota of 40%) and to increase top management positions at companies in Norway (Ilo.org, 2005; Drake, 2003; EIGE.europa.eu, 2012; Roberts, 2008). The ideas were inspired in part from womenomics in Japan (Matsui et al.,1999). In 2008, the ideas were adopted by Spain and were being considered in Germany, and in 2011 France, Italy, the U.K. and other countries were considering quotas to require more female board members (Fagerland, 2008; Pagano, 2012). In 2012, Fagerland also brought these ideas to Australia for The 100 Percent initiative (Weischer, 2012) and to the United Nations to promote women in the organisation’s leading bodies (berlingske.dk, 2005, 2012). In 2015, the first book was published about SHEconomy® in Norway (Fagerland and Bryn Rambøl, 2015). In addition, there was a reflection on the past ten years of the SHEconomy with an updated perspective (Drejer and Fagerland, 2018, EJM) (Vaccaro, Fagerland, Y. Cohn, 2019).