The study also found that companies with more women in senior leadership
Posted: Sun Jan 19, 2025 9:58 am
While many still think of gender equality as a women’s issue, economies and businesses need it to thrive. A recent study by McKinsey in May 2020, Diversity Wins, found that companies with a higher level of both gender and ethnic diversity are more likely to have better financial performance. Companies that foster a deeper sense of gender equality and diversity within their workplace and sit in the first quartile are 25% more likely to experience higher profits than companies that lie in the fourth quartile.
There are many reasons for this. For one, a diverse workforce brings different perspectives and skills to the table, leading to more innovative solutions. In addition, companies that people see as committed to gender equality are often more attractive to top talent. As the world becomes increasingly interconnected, it’s more important algeria whatsapp resource than ever for businesses to be able to understand and tap into different markets. Those that embrace diversity will be well-positioned to succeed in the global economy.
positions were more likely to be profitable and have a diverse workforce. The findings suggest that companies would do well to promote more women into leadership positions. Not only is it good for business, but it’s also good for promoting diversity and inclusion in the workplace.
There are many reasons for this. For one, a diverse workforce brings different perspectives and skills to the table, leading to more innovative solutions. In addition, companies that people see as committed to gender equality are often more attractive to top talent. As the world becomes increasingly interconnected, it’s more important algeria whatsapp resource than ever for businesses to be able to understand and tap into different markets. Those that embrace diversity will be well-positioned to succeed in the global economy.
positions were more likely to be profitable and have a diverse workforce. The findings suggest that companies would do well to promote more women into leadership positions. Not only is it good for business, but it’s also good for promoting diversity and inclusion in the workplace.