According to a recent study companies with gender-diverse senior leadership teams generate higher profit margins – a whopping 30 percent higher!
The study entitled ‘Beyond Lip Service: tracking the impact of the gender diversity gap’ collected data from 2500 companies in 30 countries for over a decade. Needless to say, if you are an investor, and you’re trying to maximise your investment, look to women led businesses. Anton Guinea, Expert in Leading Under Pressure, joined Mike to explain more.
The Australian business community appears to have noticed. Since 2010, Australian companies have more than doubled their female senior leader numbers. While this excellent news, there remains only 30 per cent of women in senior management roles. So there’s still a lot of work to be done.
Have you invested in a business led by women? Let us know your thoughts by texting or messaging us on socials. Listen to the full chat below!