Developing Women Into Senior Roles Pays Bottom Line Dividends

The evidence is in; companies with the most women directors outperform those with most men on their boards, and this holds across industries. A 2009 Mckinsey study found that “return on invested capital is 66% higher in firms with strong female representation, return on equity is 53% higher, and return on sales is 42% higher.” The study also found that companies with female leaders demonstrated leadership behaviour which included role-modeling, participative decision making and mentoring, which correlated with improved performance. A new generation of investors are looking to increase the ratio of women led businesses by supporting those companies that address gender inequity. As Halla Tomasdottir, co-founder of Audur Capital says “the whole thing about the female trend is not about women being better than men. It is actually about women being different from men—bringing different values and different ways to the table.  So what do you get?  You get better decision-making and you get less herd behavior and both of those things hit your bottom line with very positive results”. Developing female talent is key for the future of businesses and something I am passionate about. You can find more information here on events and keynotes to develop your female talent.

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