New research by EY and the Peterson Institute shows "having more female leaders in business can significantly increase profitability. The report, Is Gender Diversity Profitable? Evidence from a Global Study, reveals that an organization with 30 percent female leaders could add up to 6 percentage points to its net margin." Click here to read the full report.
This demonstrates more than ever why companies should invest in getting more women past Manager & Senior Manager roles to VP & the C-Suite.
In my work, I see that supporting the career of individual women rising to the top not only helps her career, it also improves performance of all of those around her. Plus the more women we get to the top, the more everyone will think it's normal for women to be at the top (reducing unconscious bias) AND we inspire future generations to go for what they want.
What do you see as the benefits for getting more women into the senior ranks of major organizations? Share your thoughts by clicking the add a comment button.