Post Date December, 03 2023
The investigators divided the respondents into eight different types of risk tolerance, namely: the alert type with very low tolerance; Cautious type with low affordability; The deliberative type with ordinary affordability; Calm type with high tolerance; Adventure type with very high tolerance; The fearless type with high tolerance, like to change and explore new things; Ordinary bearing capacity, impulsive type who likes to make decisions temporarily but worries about things going wrong, and low bearing capacity, paranoid and nervous type who likes self-criticism.
The survey results show that the number of alert and cautious women is more than twice that of men, and the number of adventurous and fearless men is more than twice that of women.
Genetically derived
The survey results are unexpected. "To a certain extent, risk-taking tendencies can be regarded as the distinctive characteristics of men and women". He said that this also partly explains why the leadership styles of male leaders and female leaders are different.
Such differences are formed by evolution. In early humans, men were responsible for hunting, so they had to take risks. Women had to be cautious and careful to keep family members together.
"The difference between male and female risk propensity comes from genes and reaches a certain balance in the process of evolution, which is the reason why our population can survive," said the expert.
Balance is beneficial
When it comes to how enterprise managers should make use of this difference, experts said: "It is necessary and worthwhile to take risks, but we need to... balance." The survey results indicate that it is beneficial for the development of enterprises to achieve a balance between corporate executives and senior employees in the proportion of men and women.
"You can easily see how effective it is to combine women's alertness, carefulness and long-term vision with men's impulse, fearlessness and risk," he said. If banks, governments and boards of directors want to remain invincible in the current economic situation, they need to let more cautious women participate in decision-making.
He said: "In the male-dominated industry of investment banking, if you want to survive, you must balance all kinds of risky behaviors. If you don't hire employees with different risk tolerance, you will lose the most basic self-control mechanism."
