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Willingness to take risks is considered a quality of most successful managers (MacCrimmon and Wehrung 1986). There continues to be a societal stereotype, however, that women are not as inclined to engage in risk taking as their male counterparts. Research on whether this stereotype is justified has produced equivocal results, at best. This paper reports on a series of experiments which show there is a relationship between risk taking and task complexity such that the differences between male and female decisions, present in simple tasks, disappear as the tasks become more complex. Possible explanations for this phenomenon are discussed along with implications for women and the practicing manager.

In the continuing endeavour to work towards ever better management, the engineering manager has a crucial role to play. The history of the engineer is reviewed and his/her possible present role in management is considered. Management objectives are outlined and defined and the specific role of the engineer emphasised. The best managers are leaders, in particular effective leaders of teams, and this is a management task well within the grasp of the engineer. The engineer′s specific training and initial experience give him/her special qualifications in this area. Indeed, there seems to be no reason why the engineer should not climb the management ladder right to the top, especially these days when technology is continually growing in importance. The demands made on the effective chief executive are outlined. It would seem that engineering management has come of age and that with the appropriate management training the engineer should be well capable of filling a senior management role.