FE+MALE masterclasses support profitable decision-making

Zurich - With its training courses for companies, the FE+MALE think tank provides managers with key tools for making unbiased decisions. These masterclasses are designed to promote gender equality while driving investment success.

(CONNECT) The FE+MALE think tank has launched a new masterclass training program to provide managers and professionals with key tools for making economically and socially sustainable decisions. The course is part of the Beat the Funding Bias Initiative (BFBI), which is supported by an alliance led by FE+MALE. “The goal is to counteract unconscious biases with a focus on gender equality,” according to FE+MALE's main initiator, Patricia M. Montesinos, in a statement. This will make investments, resilience, and reputation more successful, she writes, while also supporting economic growth. The program is aimed at organizations in the areas of finance, investment, and governance.

“We all think that we are free from prejudice. But looking at the excellent frameworks presented here, it is clear we all have them,” Stefan Jenni is quoted as saying. The CEO of Itau Bank in Zurich took part in one of the first masterclasses and emphasizes the importance of developing this awareness. Another participant, Samuel Turcati, head of the Covid-19 loans and guarantees group at the State Secretariat for Economic Affairs (SECO), added: “It influences every decision we make on a daily basis.”

FE+MALE’s research-based program covers the fundamentals of recognizing behavioral biases and assessing their disadvantages. For example, studies show that consistently unbiased decision-making can double the return on investment per dollar invested. The program also covers practical tools for establishing new behaviors. “In everyday life, behavioral change is difficult because we are short on time, so we fall back into old habits,” said Alida Carcano, co-founder of the Ticino-based asset management company Valori, after a masterclass. “Taking time to reflect is a crucial first step. I have taken away a lot of insights.” 

The masterclasses, which last up to five hours, are tailored specifically to the needs of organizations. FE+MALE also offers other teaching formats, including a two-hour workshop, a one-day training course, and an online program

With its work, FE+MALE aims to share knowledge and create cross-sector networks to drive systemic change. On 17 March, the initiative is inviting interested parties to the premiere of the BFBI Biennial “A Path to 2030”. During a conference at the Gottlieb Duttweiler Institute, the first Biennial Award will be presented to organizations that serve as role models for gender equality. Applications are open until 18 February. ce/yvh