Why Gender Diversity Matters at Work | Chronus
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Making up 47% of the current workforce and growing, women are prime candidates for filling the leadership pipeline that will soon be left lighter by a departing generation of workers. And yet, the higher you look in companies, the fewer women you see, with C-level positions comprised of only 19% women. Learn how greater gender diversity can improve your organization, and why mentoring is an ideal solution to enable women in the workplace. Download the full Ebook: http://ow.ly/fGyK30fCsaB
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Why Gender Diversity Matters at Work | Chronus
- 1. WHY GENDER DIVERSITY MATTERS
- 2. THIS PRESENTATION WILL ANSWER 4 QUESTIONS: How are Companies Tackling this Problem? Why Does Gender Diversity Matter? How Does Gender Diversity Build the Talent Pipeline? How Does Gender Diversity Affect the Bottom Line?
- 3. Why Does Gender Diversity Matter?
- 4. WOMEN ARE A LARGE SEGMENT OF THE WORKFORCE… 47% of the current workforce, and growing - US Bureau of Labor Women make up 60% of college graduates -Stanford
- 5. and yet…
- 6. Women get less access to the people, input, and opportunities that accelerate careers. -McKinsey & Company
- 7. THE HIGHER YOU LOOK IN COMPANIES, THE FEWER WOMEN
- 8. Women’s participation dwindles to 19% by the time they reach the C- Suite level.
- 9. Greater gender diversity can produce more than just equality within companies.
- 10. RESEARCHERS FROM CARNEGIE MELLON SET OUT TO ANSWER: What combination of people makes up the top-functioning teams?
- 11. THE ANSWER: Once women make up more than 50% of a team, the team’s collective intelligence rises above average.
- 12. THE IMPACT OF GREATER COLLECTIVE INTELLIGENCE Answer:
- 13. THIS IS BECAUSE SOCIAL PERCEPTIVENESS DRIVES INNOVATION Answer:
- 14. How Does Gender Diversity Build the Talent Pipeline?
- 15. TODAY’S WORKFORCE IS EXPERIENCING A SHIFT Baby Boomers retiring at: 10,000 a day with 46% in Supervisor Roles Competitive Labor Markets: 4.7% Unemployment Rate
- 16. The boomer departure is leaving huge gaps in positions from management level to the C-Suite that organizations must fill.
- 17. COMPANIES THAT DON’T ENGAGE WOMEN ARE VULNERABLE TO: Employee disengagement Hindered recruiting Increased attrition
- 18. But the talent pipeline isn’t the only thing improved by gender diversity…
- 19. How Does Gender Diversity Affect the Bottom Line?
- 20. 1. GENDER PARITY CAN MAKE COMPANIES MORE PROFITABLE -McKinsey & Company
- 21. IN FACT… -McKinsey & Company Companies with the most women on the Board of Directors have 16% higher return on sales. -Catalyst
- 22. 2. GENDER PARITY HAS BECOME A COMPETITIVE DRIVER IN: Recruiting Top Talent Industry Performance
- 23. And top corporations are catching on.
- 24. How are Companies Tackling the Problem?
- 25. TOP ORGANIZATIONS PRIORITIZE GENDER DIVERSITY Tata is a global enterprise comprising over 100 independent companies from the likes of Tata Motors and Tata Steel to Tata Teleservices. The organization wanted to: • Increase the number of women in C-Suite positions, having 1,000 women leaders by 2020 • Double the number of women employees over the same period
- 26. TATA CREATED A HIGH-POTENTIAL MENTORING PROGRAM The program identified women employees who had been at the organization for 15 years, and matched them with CEOs from various Tata subsidiary companies outside each woman’s industry of expertise. As a result, Tata is able to engage women with leadership executives, so they can grow their leadership network and gain visibility within the organization.
- 27. WOMEN EMPLOYEES REAP THE BENEFITS On the leadership journey, hand-holding by an experienced mentor can be a vital support to help us grow. Through the cross-company mentoring program, we provide an opportunity for our women professionals to fulfil their potential and move up the ladder. -N S Rajan, group chief HR officer of Tata Sons
- 28. Gender diversity is no longer just about fairness. It’s better business.
- 29. So, how can your organization better enable women to grow in their careers?
- 30. See why mentoring and women make the perfect match: http://ow.ly/3WQp30f8CR8
- 31. CHRONUS SLIDE
Notes de l'éditeur
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but
- Sources: When women made up more than 50 percent of a team, the team’s collective intelligence rose above average ( “What Makes One Team Smarter Than Another?| Anita Woolley, Carnegie Melon University. re:Work with Google. https://www.youtube.com/watch?v=Sy6-qJmqz3w) McKinsey’s “Why Diversity Matters” report found that companies in the top quartile for gender diversity are 15 percent more likely to have financial returns above their respective national industry medians. (Source: Hunt, Vivian, Denis Layton and Sarah Price. “Why diversity matters.” http://www.mckinsey.com/business-functions/ organization/our-insights/why-diversity-matters) A Catalyst report determined companies with the most women on the board of directors had 16 percent higher Return on Sales (ROS) than those with the least, and 26 percent higher Return on Invested Capital (ROIC)9 . Women On Corporate Boards Globally .Catalyst. http://www.catalyst.org/knowledge/women-corporate-boardsglobally#footnote16_wyp7but