Diversity and helping women thrive are fantastic goals, but it turns out even if an organization is just looking out for their bottom line, they would do well to find the right woman for the job. Read on for more from Jonha Richman with The Huffington Post.
huffingtonpost.com – That women are underrepresented in leadership roles is a fact that continues to hold true well into 2016. Though there has been an overall increase in diversity across many different industries, there is a considerable number of companies who either have no women in top leadership positions or relatively few compared to the male workforce. In most discussions concerning women in such roles, the focus has been placed mostly in diversity, neglecting or outright ignoring the business and financial sides.
However, several studies have since confirmed that companies with women in top positions consistently outperform those companies which have no or fewer women in such positions. Catalyst, the well-regarded non-profit organization, has conducted a number of different studies and compiled them in a comprehensive report that confirms a simple fact that few know to be true; women not only drive innovation forward but also allow a business to grow financially across the board, from return on sales to return on investment. Furthermore, it was found that mix-gender teams were much more efficient in every element than male-dominated ones.
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