Posts Tagged Gina Rinehart
Yes, it is Monday. Deal with it.
Any company has to sell the credibility of its product. But a media company has nothing else to sell.
An unnamed “prominent executive of the New York Times, quoted by Mark Day in today’s Australian. Day was arguing, as I have, that the best way to “regulate” the media is simply to allow the public to consume or not consume information from various media outlets.
As Day and I both said, there is a real threat to press freedom in Australia and it does not come from Gina Rinehart, it comes from Stephen Conroy.
This is the first of two posts on Gina Rinehart, resulting from a few debates that I have been having over the past few days, mostly on Facebook. The other one will consider her Fairfax bid and press freedom.
IN MY line of work, I get to spend quite a lot of time in high-level boardroom meetings with people who all sit on corporate boards. I also have a few relatives who have sat on various boards in their time and my extended networks include quite a number of others. This means that while am not on any corporate boards, I am not a stranger to them either.
I still remember the first time I was at one of said meetings and a female colleague muttered to me, “do you notice anything particularly… male about the room?” The truth was that I hadn’t. While I had definitely noticed that I was the youngest person in the room by at least a decade (two if you didn’t count her). Until she pointed it out to me, it did not occur to me that she was the only woman there.
That incident jolted me into awareness. Since then, I have been paying attention to the gender balance when I am in corporate settings and a lot of observations have struck me that anecdotally support the mountains of research showing that the boardroom is simply not a place for girls. Not once in the last couple of years have I ever seen anything that even comes close to gender balance. Several times, there have actually been no women present. I also find that the “higher-level” the meeting, the less women tend to be invited.
That said, there are other observations that I can make about people in boardrooms than merely their gender. They are generally very sure of themselves – often manifesting as arrogance, but always including a calm and confident demeanour. They are hard-working, ambitious and persistent to the point of obsession, they know what they want and they make it happen. They are uncompromising – they expect the best and will not accept anything less. They are often very blunt and straight-talking. They can be friendly and charming when they want to, but they can be aggressive and intimidating when they have to.
I note these things not as a criticism of the corporate world and certainly not as an affront to the people that I am writing about. I have a tremendous amount of respect for most of them, they work harder than anyone else I know and they do amazing and under-appreciated (if not under-paid) work, without which our society could not function.
I MENTIONED those character traits is because of a common thread running through them: they are generally “alpha male” traits, they are not things that women are “supposed” to be. Women are loving, conciliatory, family-oriented and selfless. Women are neurotic and emotional, they doubt themselves, they shut-down and cry when bad things happen and they panic when they are stressed. They are not confident, ambitious, persistent and aggressive. When shit hits the fan, they are the ones panicking and screaming, not the ones who take-charge – at least in most sitcoms. [UPDATE: as the comments show, apparently this paragraph was not interpreted correctly by everyone, so I need to give a disclaimer. The previous paragraph was not intended to be a true and accurate reflection of how all women behave, it was supposed to be illustrative of a stereotype.]
Again, I am not trying to say that it is a bad thing for someone to put others first, display their emotion and focus more on relationships than outcomes. I am trying to say that doing this is unlikely to get you ahead in the corporate world (or in other areas of public life). If you doubt yourself, the person who believes in themself will get the pay-rise or the promotion. If you shut-down and cry or panic, someone else will take charge. If you compromise, someone else won’t and they will have the better result in the end. Potential alone can only get you so far, there is not a lot of room at the top and to get there requires hard work, sacrifices and, above all, wanting to be there more than everyone else.
The public image of most successful women in Australia does not fit the stereotype of a high-powered Director. I say “public image” because, from my experience, the women who get to these positions do have most of these traits in private, but are able to create a persona that comes across as more “feminine” when they want to.
I refuse to believe that the corporate exec described above is actually gender-related. I know plenty of men who do not act like that. That character is simply how a person needs to act in order to reach the top of the corporate ladder – possibly the most competitive position anyone can aspire to reach (except maybe professional athlete). Other high-profile positions (rockstar, politician etc) require a huge amount of luck as well as hard work, becoming a CEO or company chair is about nothing except ability, attitude and work ethic.
THERE IS one very notable exception: Gina Rinehart. Here is a woman who is overweight and unattractive, but clearly not too concerned about her appearance and uninterested in the world of glamour and fashion. She is abrasive, intimidating and even a bully. She is willing to do whatever it takes to get what she wants, without regard to the way it makes her look or the people she is offending. She is ambitious, single-minded and dedicated to the point where she supposedly goes without any of the frills that other billionaires afford themselves so that she can re-invest all her money into her company.
She is also not a “loving mother” figure by any stretch of the imagination. She is reportedly quiet and reserved in person and she keeps her personal affairs completely private. What did leak last year was that, having judged her children as inept for running her company, she offered them each $300mln a year in return for signing-away their shares. When they refused, she fought them all the way to the High Court – becoming estranged in the process.
Meanwhile, her achievements are incredible. She inherited a floundering, debt-ridden mining company that was making its money from a lucky break and transformed it into a hugely profitable, gigantic operation – becoming the world’s wealthiest woman in the process. She is now in the process of planning the biggest Australian-owned mining development in history and is funding it entirely on her own. Yes, she was born into some wealth due to a lucky find by her father, but many people born into wealth spend their lives turning a large fortune into a small one. She turned a small fortune into a gargantuan one.
And yet she is being punished for this – not by the Andrew Bolts and Alan Jones’ of this world, but by the very people that would generally be the first to jump to her defence if she hadn’t made the unfortunate mistake of being a Conservative and one of the mining magnates vilified by Wayne Swan. Oh, as well as committing the awful sin of giving jobs to people who weren’t lucky enough to be born in Australia.
The best (but not the only) example was the abuse she received from David Marr and Miriam Margolyes on Q and A last month:
Note: I did not criticise the others as Barry Humphries was playing a character, Tony Jones was trying to defend her while still maintaining his “distance” as chair, Jacki Weaver seemed a little stunned and John Hewson later said he regretted not arguing but felt overwhelmed. Also, Marr and Margolyes were the two noted “feminists” on the panel.
THAT INCIDENT did receive fairly wide coverage – in News Ltd papers. It was all but ignored in the ABC, Fairfax (well, aside from the SMH’s balance columnist), New Matilda etc. Some good responses were written that I could find in more minor leftist publications, however it was generally her political allies that were jumping to her defence. More anecdotally, the people on my social networks who would normally be concerned about this kind of thing have been completely silent.
Why is this such a problem? Because it shows that this kind of abuse is acceptable for women that the left don’t like. It sends the message that the only reason anyone complains about comments aimed at Julia Gillard or Christine Milne is that they are on the left and not because this kind of discourse should be unacceptable. It reaffirms the idea that women shouldn’t act like CEOs, which discourages women from acting like CEOs, which in turn means women won’t become CEOs.
To some degree I think that it may be that people who hold corporate leaders in contempt yet think they want to see more women being corporate leaders were somehow expecting female corporate leaders to be more like “women” and less like “businessmen”. The issues inherent in that assumption should speak for themselves.
It’s all well and good to conduct research and then complain about the lack of women at the top, but unless there are a lot of ambitious and competitive young women willing to fight to get there, nothing will ever change.
I recently had a long conversation with a Union representative who was trying to convince me that I was wrong about the Australian Union movement. As I explained, my thoughts are generally that I am theoretically in favour of an organised workforce and I have no qualms with workers coming together to demand certain rights – but this is no longer what the Union movement is (which is the reason I capitalise the “u”).
From my perspective, Australian Unions are mostly opaque, bloated, entrenched organisations that represent a very small portion of the workforce. Their institutionalisation and the extend to which they are favoured by successive Labor governments have given them hubris, to the point where they seem to care more about perpetuating their own existence than actually doing anything in the interest of Australia’s workforce and spend a lot of time playing political games instead of concentrating on their nominal mission.
What bothers me the most is the dogmatic adherence to certain anachronistic principles because these used to be good for “workers”. I see absolutely no self-reflection and no desire to reevaluate the policies of the movement in light of the world that we live in. As I have noted before, this has resulted in Australia having ridiculous penalty rates and bad teachers.
Well here’s yet another example, which follows this post:
In an increasingly bitter dispute over the management of the mining boom, ministerial splits are emerging within the Gillard government and unions have started a racist campaign to hound West Australian-based minister Gary Gray from his seat. …
Yesterday, five unions ran a full-page newspaper advertisement in Mr Gray’s seat of Brand, south of Perth, alluding to high levels of indigenous unemployment and accusing the Special Minister of State and former ALP national secretary of not standing up for “Aussie jobs”.
Joe McDonald, the assistant secretary of the West Australian branch of the Construction Forestry Mining and Energy Union, accused Mr Gray last night of betraying Australians and vowed to run a union campaign to get rid of him.
“He’s betrayed the people of his constituency,” Mr McDonald told The Weekend Australian. “He’s betrayed them. He should pack up and piss off. If the union movement puts a politician in, they shouldn’t forget where they came from and if they do then we should piss them off and put someone else in.”
Last night Mr Gray, who won his seat with a margin of just 3 per cent in 2010, said EMAs, for which projects with more than $2bn in investment and 1500 jobs are eligible, would create “many, many mining jobs for Australians”.
Note that the story calls the campaign against Gray “racist”. I don’t like when a news story editorialises like this, but in this case I don’t see a lot of other ways to describe it.
The CFMEU is notionally a “progressive” Union, yet its officials are spouting rhetoric that would not have been out of place during the days of the White Australia Policy. I am also disgusted by the way that McDonald is threatening to remove Gray from Parliament if he doesn’t “play ball”.
This is the tragedy of Australia’s major social democrat party being beholden to these groups; it is also a problem that the Union rep in the conversation that I mentioned above did not seem to understand. The current system of preselection means that we get exactly the wrong people into Parliament. A few conversations between key people within the Union movement or the ALP can be enough to get someone a safe seat for life – the process is completely opaque and prone to corruption and abuse. Once there, do/say the wrong thing and upset the wrong people and goodbye – no matter what the public may want. (Incidentally, this is not a partisan issue. Union movement aside, the same principle holds for the Liberal party.)
So now we have a situation where the Government is being pressured from inside to bow to xenophobic demands and prevent people who want to come to Australia and contribute to the country’s economy from doing so. They are also using arguments like this gem from Senator Doug Cameron:
Since when was it unreasonable to expect that highly profitable mining companies should provide Australian workers with the skill upgrading, training, travel support and accommodation to ensure they have genuine access to employment opportunities?
I am constantly amazed by the Union mentality that the way to achieve these demands is for the Government to force mining companies to provide them. What is preventing the Unions from doing something useful like developing their own training programs and apprenticeships, investing in the development of mining towns to allow workers’ families to move there, or forming recruitment initiatives to connect their members with the mining companies to fill employment vacancies? (Note: I’m aware that some do this already, but obviously not very well, or else there wouldn’t be an issue.)
Why do they think that playing the political system to force the mining companies to do it would be a better idea?
I am shocked by the silence from people I know who are generally pro-immigration and usually speak-out against xenophobic rhetoric like this. Even the Greens are behind the migrant workers idea – and they think that Australia is overpopulated and the world is ending.
Clearly, there is something wrong here. I could go on, but plummeting membership figures speak for themselves. It is paramount that we introduce stronger requirements for Union transparency and accountability and remove the disgraceful Rudd/Gillard industrial relations reforms that force workers to be represented by organisations that they have no intention of joining. Otherwise, backwards thinking may just win the day yet again.