Wall Street starts to get it

There’s a thoughtful article in the NY Times (via Playground Revolution) about Wall Street investment banks and how they are starting to take seriously the issue of work-life balance as a way of retaining women. Having come from professional services firms, it feels about five years out of date, but it’s great that the conversation is happening at all.

“You can’t build a great company without great people, and great people are not just white, straight men aged 25 to 40,” said Joe Gregory, president of Lehman Brothers 

When the most notorious 80 hour a week industry (well, maybe only second, after medical interns) is starting to take this seriously, maybe in 20 years we’ll look back at the 90s as a serious aberration.

  2 comments for “Wall Street starts to get it

  1. August 13, 2006 at 4:10 am

    What? Me complain? Never been heard to say a harsh word about anything or anybody? Not to my knowlegde that is?

    Though, I’m still wondering why “Security” kicked me off the Darwin to Alice flight on Wednesday 23 July.

    People just don’t seem to understand that if ones father dies in March and then ones mother loses her marbles in July that one is likely to display some odd social behaviour in the vicinity of airports [Even if one can fly a glider upside down by oneself.]

    Downright embarrassing to be told that that I was not allowed to get on the flight from Darwin to Alice on Wednesday evening. Had to wait till Thursday morning to get a catch up flight.

    I mean, do I look or sound like a terrorist bomb chucker?

    What has happened to what used to be a great place in which to live??

    Anyway, nice to see you have distanced yourself from “blogger”.

    No doubt this service provider will remember my details, just as ASIO, the ADF, the APF and the local NT Police do!!

    I’m not paranoid…but I have been sent signs!!

  2. August 13, 2006 at 9:42 am

    Just wanted to give you full credit in my decision making Tjilpi!

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