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A number of people online are declaring that some of the best bosses in the workforce are middle-aged dads who have daughters. The reason? Male bosses with daughters are more likely to see the world through their daughters eyes, sympathize with womens struggles, and go to bat for them when it comes to promotions and pay raises. Theres research that backs up some of these ideas, and its something more people have noticed anecdotally and started discussing online, Fortune recently reported. As one TikTok user describes the appeal: Hes no longer the main character in his own life, adding that a girl-dad boss has more awareness around issues like sexism, confidence gaps, unfair expectations. . . . He listens more, hes less reactive, hes got perspective. That self-awareness arc makes for a better leader. Another proud TikTok user gushed, looking pleased as punch: When your Gen X girl dad mentor at work tells you hes proud of you. POV: corporate girlies when they find a male manager thats a girl dad, wrote another. In the clip she is celebrating and dancing around the room. Many in the comments agreed with her sentiment. When they have daughters it changes the game, one person commented. Someone needs to do a case study on why they are the best managers, another suggested. Its not just hearsaydata has long backed this up. Having a daughter can also push male CEOs toward greater support for women in the workplace as they become more attuned to the struggles they face, research from the Stockholm School of Economics, Erasmus University, and Jönköping University confirmed. A male CEO having a daughter, rather than a son, correlates with a 4% increase in female directors and an 11% increase in female employees, the research found. Further research discovered firms at which senior partners had more daughters than sons hired more women partners. They also performed better than their competitors. At firms where senior partners had more daughters, the female hiring rate was 11.87%but at firms where the partners had equal numbers of daughters and sons, it dropped to 9.78%. It dropped even further for those who had more sons than daughters. Its not only in business that girl dads are making the world a better place. U.S. congressmen with daughters are also found to vote more liberally on womens issues, especially on reproductive rights, as do U.S. federal judges.
Category:
E-Commerce
The Walt Disney Co. continues to find itself in a crossfire, with Republicans taking shots from the right and Democrats landing blows from the left. Following a nearly weeklong drama surrounding the suspension and subsequent reinstatement of late-night talk show host Jimmy Kimmel, Disney has announced price hikes for Disney+ streaming subscriptions, escalating tensions as the company contends with both PR backlash and potential subscriber losses. We all know price hikes for Disney+ arent unusual, but could the timing be any worse? Journalist Marisa Kabas suggested on Bluesky Monday that Disneys decision to bring Kimmel back might have been rushed due to the planned price increases, citing an unnamed Disney source. Fast Company reached out to Disney for comment. How much are prices going up, and when do they take effect? The new rates hit October 21. The ad-supported plan for Disney+ jumps $2, to $11.99, while the no-ads premium plan jumps $3, to $18.99. The Disney+ and Hulu bundle jumps $2, to $12.99, while the no-ads premium bundle stays at $19.99. The full list of increases is posted on the Disney+ support page. Following the suspension of Jimmy Kimmel Live! by ABC last week, high-profile celebrities joined the chorus of critics calling out parent company Disney, loudly venting their frustrations. Tatiana Maslany, star of Marvels She-Hulk: Attorney at Law, urged her followers to cancel subscriptions, while Damon Lindelof, a co-creator of ABCs Lost, took to Instagram to say that he wouldnt work with Disney again if Kimmels suspension wasnt lifted. Analysts who spoke with Fast Company last week doubted that Disney would feel a long-term financial impact from boycott efforts. Shares of the Walt Disney Co. (NYSE: DIS) were essentially flat on Tuesday, closing at $112.25.
Category:
E-Commerce
It’s no secret that Gen Z has a less optimistic economic outlook than older generations. So, it’s no wonder many of them are engaging in so-called “financial nihilism,” applying a gloomy outlook to their financial mindset, resulting in a new and different take on investing. Zoomers grew up with smartphones, the internet, and social media during difficult times like the 2008 economic crisis and Great Recession, and the subsequent protest movement, Occupy Wall Street. And as such, they’re disillusioned with traditional ways of doing things, which extends to how they invest and conduct their own finances. What is ‘financial nihilism’? First coined in 2021 by Demetri Kofinas, the host of the Hidden Forces podcast, “financial nihilism” is a trend that describes how Gen Z and even some younger millennials, who are profoundly disillusioned with the traditional financial system, believing its unfair and unpredictable, are finding it pointless to save for retirement or invest in the stock market, or in bonds, or other conventional ways. That’s given the state of things such as: stagnant wages, the soaring cost of living, massive student debt, and the difficulty of homeownership. Basically, they believe the American Dream is a scam, and they may have to live with their parents forever without ever owning a home. Gravitating to crypto, meme stocks, and ETFs Instead of playing the stock or bond markets in traditional ways, Gen Z is gravitating to more rewarding, but riskier strategies like investing in cryptocurrencies including bitcoin and meme coins, as well as meme stocks and sports betting platforms, CNBC reported. According to the outlet, Gen Z is the most likely generation to say they were either curious about or planning to invest in cryptocurrencies over the next five years, per a recent U.S. Bank survey. In short, what we are seeing is a loss of faith in the real value of money and the function of the market. Perhaps Andrew Edgecliffe-Johnson summed it up best when he said: “It’s hard to fault people for wanting to get rich quick if they have lost faith in their ability to get rich slow.”
Category:
E-Commerce
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