We found this study of particular interest and wanted to share it with you. You will find the complete study by clicking on this link (Copyright © 2018 McKinsey & Company. All rights reserved.).
In a nutshell, here is what we retain from the study:
In 2017, the representation of women on corporate boards and executive committees is still far from parity, although it varies widely from country to country. In the G-20, the average share of women on Executive Committees was 12% and on Corporate Boards it was 17%.
The study also tells us that women lead in different ways than men. That companies in the top quartile for gender diversity in executive teams were more likely to outperform on profitability and value creation. In addition, lack of gender an ethnic diversity in executive teams was associated with relatively weaker profitability.
Only half of the employees surveyed in Women in the Workplace 2017 think their companies are highly committed to gender equality; the majority do not see senior managers taking steps to improve matters.
The study argues that the time for wavering is over; companies need leaders who are prepared to shout from the rooftops that gender diversity matters, and make it happen.