Business Management 2: UK Financial Sector Gender Equality

This report analyzes the progress of gender equality in the UK financial sector over the last five years, drawing on various sources. The report examines the gender pay gap, representation of women in different organizational levels, and the impact of gender on financial outcomes. It includes an analysis of research papers discussing gender disparities in financial institutions, focusing on statistical data, strengths, and weaknesses of the existing studies. Additionally, the report incorporates an analysis of Twitter data related to climate change, including language diversity, top accounts, and trending hashtags. The report also provides insights into the most followed accounts and their engagement with social and environmental issues. The assignment also includes a discussion on sustainable business practices, online tests, and the use of digital tools for professional development, aligning with the course's learning outcomes.

Running head: BUSINESS MANAGEMENT
Business Management
Name of the University:
Name of the Student:
Author Note:

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Assignment 2
1. What progress has been made on Gender Equality in the financial sector in the UK
over the last five years?
Kirton, G., 2015. Progress towards gender democracy in UK unions 1987–
2012. British Journal of Industrial Relations, 53(3), pp.484-507.
Summary:
The article published in the paper presents a statistical and demographic scenario regarding
the gender gap in the organizations in the country Britain, and shows the financial gap
presented among the organizations. The paper further shows a comparison among the private
firms, whereby, it is shown in that some of the private organizations the number of women
working is only 14% while in certain other organizations the statistics is almost 25%. The
paper also shows that in certain organizations, where the men get a bonus of almost 46%, the
women in the same organization gets only a 9.7% bonus overall.
Strengths and Weaknesses:
Strengths: A statistical data is present that helps in understanding the position of women in
the country and the financial gap that is present.
Weaknesses: The article only includes statistics and verbatim, but no point of argument.
Reflection:
The article specially focuses on providing a statistical analysis of the current gender and
financial gap that are presented among the private and government organizations of the
country, which provides a vivid understanding of the scenario.

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Rubery, J. (2013). Public sector adjustment and the threat to gender
equality (pp. 43-83). Edward Elgar and ILO.
Summary:
The article provides an understanding of the states of the country, that is, the gender gap and
the position of women across the states of the country. The article further talks about the
aspects where the gender as well as the financial gap is present and the sectors which must be
essentially focused upon in order to provide the understanding of the gender gap.
Strengths and Weaknesses:
Strengths: The strength of the article is that it has showed a holistic picture of all the states of
the country and has also presented a compared data chart in order to substantiate its claims.
Weaknesses: The article is not presented with sufficient number of statistical analysis, which
would have been useful for the readers to understand and also is not presented with a proper
comparative analysis, which is the actual aim of the paper.
Reflection:
This particular paper have been chosen as it presents an analysis, which is state based and
also, the aspects upon which the gaps are presents have also been mentioned.
Rubery, J., & Rafferty, A. (2013). Gender, recession and austerity in the
UK. In Women and Austerity (pp. 145-165). Routledge.
Summary:
This particular article has taken into account the gender disparity situation present between
LeanIn.Org and McKinsey, and the whole analysis has been based upon that. The articles has
taken into account the life experiences of the women who have served in these organizations,

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and has captured the difficulties they have faced and the steps or the measures they had taken
in order to create their own position within the organization.
Strengths and Weaknesses:
Strengths: The article has been presented from a leadership perspective, and presents the life
courses of certain women who have battled the situation, and as they have mentioned the
situation of the women working in all verticals, from junior till the managerial, therefore, it
presents a clear understanding of the conducts of the organizations.
Weaknesses: The article is very saturated in its orientation as it describes the situation of
women in only two organizations, therefore an overall understanding of the position of
women is missing from the discussion.
Reflection:
The article has been chosen as it presents a first-hand experience of the working women,
which makes this article very inspiring. Also the paper talks about certain underlying
exploitation, which are not usually present posthumously.
Hospido, L., Laeven, L., & Lamo, A. (2019). The gender promotion gap:
evidence from central banking.
Summary:
This particular article talks about the 2019 OMFIF Gender Balance Index report, showing
that there is an increasing attitude towards gender equality. The authors are of the opinion
that the gender inequality has a trickle-down effect, and the financial gap is vehemently
present even among the top most positions. However, the diversity of work and the diversity
of women is contributing to the decrease in the gender gap.

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Strengths and Weaknesses:
Strengths: The authors have correctly addressed the facts and the aspects that contribute to
the gender and the financial gap, and have also talked about the how these situations are
being addressed.
Weaknesses: Although the paper has captured the aspects, whereby, the gender gap is
addressed, however, the paper does not present any statistical understanding to substantiate
itself.
Reflection:
This work have been chosen as it provides an understanding of the ways the gaps are
addressed and also talk about what more can be done.
Wyman, O., 2016. Women in financial services 2016. Marsh and McLennan
Companies,
Summary:
This particular work has only presented an analysis of the representation of women in the
financial sector, and the author is of the opinion that, in this particular sector the
representation of women is increasing. The author has opined that the financial and gender
gap is less in the top positions and has increased in the junior positions.
Strengths and Weaknesses:
Strength: The work describes and provides a clear picture of the variety of the exploitations
of women in the organizations, and also presents enough statistical data to substantiate all the
claims been made.
Weakness: The work is quite saturated as it only takes into account a particular organization
and a particular sector.

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Reflection:
This particular work has been chosen as it gives a clear picture of the forms of exploitations
and the current scenario of the gender disparity of the country, and the way this disparity is
getting decreased.
Assignment 3:
100 Most Followed on Twitter.
As per the Google record, the top 100 most followed person in Twitter, are the celebrities,
which mostly included the actors and musicians. The famous orators, players, and political
personalities are also enlisted in the top 100 chart. However, apart from them, there are
certain other accounts who are widely followed by the people and are enlisted in the top 100
list.
News Houses Sports Houses Infotainment
Channels
Doctor Entertainment
Channels
CNN Breaking
News
Real Madrid
C.F.
NASA Daniel Tosh You Tube
The New York
Times
FC Barcelona National
Geographic
Twitter
CNN NBA Instagram
BBC Breaking
News
NFL Google
Sports Center UEFA
Champions
League
ESPN Premiere
League
BBC News
World
Manchester
United
Reuters Top
News

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Therefore, it can be seen, that other than the celebrities, the news houses are the most
followed handles on Twitter, and next is the handles of the Sports Houses. The social media
are also followed on Twitter along with certain infotainment channels.
Variety of User Languages. Climate Change and Twitter Comments.
In the spreadsheet there is a mention of the 31 languages in total. However, upon the review
of the spreadsheet it can be seen that there are certain languages which are more prevalent in
the twitter than others. The following tables shows which language is more prevalent in the
Twitter.
Language Count
Arabic (ar) 3
Canada (ca) 29
Czech (cs) 1
Danish (da) 9
German (de) 181
Greek (el) 8
English (en) 7889
Australian English (en- au) 2
British English (en- gb) 228
Spanish (es) 249
European Union (eu) 5
Persian (fa) 2
Finnish (fi) 21

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French (fr) 156
Croatia (hr) 2
Indonesian (id) 7
Italian (it) 136
Japanese (ja) 27
Korean (ko) 2
Latvian (Iv) 2
Dutch (nl) 48
Polish (pl) 6
Portuguese (pt) 30
Romanian (ro) 3
Russian (ru) 5
Swedish (sv) 27
Thai (th) 2
Turkish (tr) 108
(xx-lc) 1
Chinese- simplified (zh-cn) 2
Chinese Traditional (zh- tw) 3
As per the mentioned table, it can be easily seen that English is the language which is mostly
used in the Twitter handles. This refers to the fact that English is the most used language in
one of the most used social media. However, there are certain other languages which are also

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much used, for example, there is German, Japanese, Spanish, and the British or UK English.
The diversity in the language use in the Twitter also represent the fact that the societies which
are, lagged behind, either from a political or economic aspect, are also less active on the
Twitter.
However, if we review the posts that have been shared by the most of the people over Twitter
regarding the climate change, then it can be seen that all the top most and the most viewed
and the most liked or commented posts, then it can be seen that all the posts are shared in
English, and the comments that have been posted upon them are also in English.
“user_followers_count”- Top 5 comments.
The top five most followed accounts as per the spread sheet are have followers amounting,
112104, 89878, 81295, 74199, and 62294. They all belong to USA, Grevenbroich, India,
Lake Erie and London respectively. Most of the people are involved in social work and the
one with the highest followers is a political personality, and an influence.
#Climatechange.
As according to the Twitter search on the climate change posts, it is seen that along with the
#climatechnage, people have posted many other hashtagged comments. Therefore, form a
quick search the following hashtags have been viewed.
#climate, #ClimateBreakdown, #Habitat, # Government, #GoGreen, #RenewableEnergy,
#SeaRise, #Poverty, #sustainable, #solar, #genderequality, #watercrisis, #realestate.
Therefore from the above mentions hashtagged posts it can be understood that the people
who have put up the posts are using the quote top discuss and talk about other social issues
and social crisis. It is viewed that a lot of posts talk about the issues related to poverty, global
warming, deforestation, and natural calamities. The people have also talk about other social

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issues through the usage the post, for example, gender inequality and poverty, which are two
rising issues of today’s date. However, another important and notable point that has been
perceived while scrolling down the Twitter is that, the most followed and the most
commented posts regarding the #climatechnage, are the ones which are shared by the NGOs,
United Nation, World Bank, and the personalities who are much actively involved in the
social works or environmental causes. Another notable point is that, all the pots that have
been shred and commented, are of English language. This depicts that the English speaking
people are much aware and active regarding the social causes.
Top three people being followed and why.
The three most followed people as per spreadsheet are the one having followers of 112104,
the second one has, 89878, and the third one has 81295. The first person belongs to USA, the
second person belongs to Grevenbroich and the third one belongs to India.
The first mention is of the person who is most followed as per the spreadsheet is a political
personality. He has mentioned himself as being Drummer, Progressive, Chess Enthusiast and
his twitter handle shows his diversified and variant interests. He is also a social worker, and
arranges many workshops regarding drama and also for social causes. He also manages
donation camps (Twitter.com, 2019).
The second mention, is a person who is United Nations Volunteer and therefore, very much
active and knowledgeable regarding the social causes. The person is much active in the social
media and continuously updates posts related to the social activities, social causes and
situations of difficulty in various part of the world. He is a business person as well, and his
pots reflect upon that as well (Twitter.com, 2019).
The third mention is of the person who is also a social activist and very much active on the
Twitter. He continuously shares posts regarding the waste management, water crisis, global

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warming and of course climate change. Most of his followers are the NGO workers, students,
media houses and the other social workers and volunteers (Twitter.com, 2019).
References:
Hospido, L., Laeven, L., & Lamo, A. (2019). The gender promotion gap: evidence from
central banking.
Kirton, G., 2015. Progress towards gender democracy in UK unions 1987–2012. British
Journal of Industrial Relations, 53(3), pp.484-507.
Rubery, J. (2013). Public sector adjustment and the threat to gender equality (pp. 43-83).
Edward Elgar and ILO.
Rubery, J., & Rafferty, A. (2013). Gender, recession and austerity in the UK. In Women and
Austerity (pp. 145-165). Routledge.
Wyman, O., 2016. Women in financial services 2016. Marsh and McLennan Companies,
available from: www. oliverwyman.
com/content/dam/oliverwyman/global/en/2016/june/WiFS/WomenInFinancialServices_2016.
pdf (accessed 1 January 2017).[Google Scholar].
Twitter.com. (2019). Richard Angwin (@RichardAngwin) on Twitter. [online] Available at:
https://twitter.com/richardangwin?lang=en [Accessed 3 Jul. 2019].
Twitter.com. (2019). Toily Kurbanov (@ToilyKurbanov) on Twitter. [online] Available at:
https://twitter.com/ToilyKurbanov [Accessed 3 Jul. 2019].
Twitter.com. (2019). RD UG4PH (@DRajesh_UG4PH) on Twitter. [online] Available at:
https://twitter.com/DRajesh_UG4PH [Accessed 3 Jul. 2019].

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