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Quote of The Day

WEF Founder Klaus Schwab: Business World Is ‘Ignoring The Potential’ Of Women


Davos might have instituted a new quota system for delegates two years ago, but the conspicuous lack of women at the epic economic forum this week is still at the tip of everyone’s tongue. We talked with Fox Business reporter Liz Claman about the issue (by her estimate just 17 percent of delegates to the forum last year were female). And, just days later, UN Secretary General Ban Ki-moon was weighing in on women’s empowerment. Now, the World Economic Forum founder himself, Klaus Schwab, is sharing his two cents, arguing that Davos reflects a poor representation of women in business:

“A world where women make up less than 20 percent of the global decision makers is a world that is missing a huge opportunity for growth and ignoring an untapped reservoir of potential.”

[Guardian]

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