Women in leadership bring a spectrum of diversity to business. As the number of women increase in leadership roles so does investment and performance increase within the business.
Findings from researchers at the Harvard Business School show that the more the workforce and leadership is diversified the more profits and productivity there is.
We have seen a steady progression of women in the workforce. 2021 saw almost twice the number of women join or come back to the work force then men. As today’s work structures change from a top down to a more flattened paradigm, having more women in the workforce will give more opportunity to increase the number of women as leaders.
Did you know?
Globally, women hold just 24% of senior leadership positions. The U.S. lags behind the global average at 21%, compared to China where women hold 51% of senior leadership slots. Women represent 45% of the S&P 500 workforce, but only 4% of the CEOs.
In the U.S., women represent 47% of the workforce and in 40% of families, women are the primary or sole breadwinner.
Companies in the top quartile for gender diversity are 15% more likely to outperform competition.
It has been reported that women control 70% of household spending, or $12 trillion, in developed countries around the world.
Growth in women-owned businesses has outpaced the overall increase in new businesses by 1.5 times.
[Stats from: Institute for Women's Leadership, Nichols College]
This latter point is of great interest. In talking with our own female CEO, Rachel Treece, she commented that she became an entrepreneur because she knew that in a corporate world it was going to be very difficult to be a leader and have a family. There would be many challenges as well around work-life balance. Something she is particularly passionate about and a driving force behind her coaching ethics.
She went on to say, “Women generally have more empathy, are more creative, innovative, and this can be seen in the businesses they lead in and own.” They certainly have introduced some of the more unique and newer aspects to the office space, such as on-site crèches.
It is integral to create diversity within leadership as it creates a different perspective and a greater depth to the overall experience. We celebrate women in leadership and we take a moment to also appreciate all leaders regardless of status. We appreciate you and keep going!
Inspiring Women in Leadership
We invite you to listen to these amazing Women in Leadership, guests of Rachel on Flex in the City, from the past year. They will simply inspire.
They are :
Laurie Spengler, Courageous Capital Advisors - Episode 39
Pips Bunce, Credit Suisse - Episode 38
Susanne Schartz, Seqvoia - Episode 32
Lynne Connolly, Standard Life - Episode 30
Denise Voss, Investment Funds - Episode 28
Hedda Pahlson-Moller, Sustainability Catalyst - Episode 23
You can find them all on:
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