No. 642
Women purpose driven leaders are calculated-risk takers and consider people just as important, if not more important than profit when making business decisions. Forbes, 2022.
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The growing body of statistical evidence highlighting the pivotal role women play in driving business success and economic growth through their leadership, entrepreneurial ventures, and consumer influence. Find all of our Economics Stats here.
Women purpose driven leaders are calculated-risk takers and consider people just as important, if not more important than profit when making business decisions. Forbes, 2022.
For every dollar of venture capital funding received, women-led startups generated $0.78; for businesses founded by men, the return was $0.31. Boston Consulting Group, 2018
When women are in charge, companies achieve diversity targets sooner, provide higher sales growth, and improve earnings-per-share. Credit Suisse, 2016.
When looking at empathy in purpose-driven leaders, we discovered that women scored an average of 13% higher than men in this skill. Forbes, 2022.
Women’s leadership style tends to benefit a broader range of stakeholders within and outside companies (customers, suppliers, and community). S+P Global, 2022.
At a time when organizations face dire talent shortages, retaining and promoting women leaders is perhaps the best and most urgent solution for securing one’s entire workforce. Harvard Business Review, When Women Leaders Leave, the Losses Multiply, 2022.
Women leaders have more engaged teams, drive better job performance, and save their organization millions of dollars as a result. —HBR, When Women Leaders Leave, the Losses Multiply, 2022
According to Gallup research, 18% of employees under male leaders are actively disengaged, whereas only 11% are under female leaders. Disengaged employees result in approximately $3,400 lost productivity for every $10,000 salary. Harvard Business Review, 2020.
In a post-pandemic study, employees rated women managers higher in providing emotional support, checking on well-being, and addressing burnout. McKinsey, 2021.
A survey of 1,700 companies found that thithosese with above-average total diversity had 19% higher revenues on average. Boston Consulting Group, 2018
Diverse companies are 70% more likely to capture new markets. HBR, How Diversity Can Drive Innovation, 2013
A product development study found that teams with both men and women produced more patents for inventions and new products, demonstrating improved creativity and innovative thinking. National Center for Women and Information Technology, 2012
When leadership teams are diverse, workers are more likely to be engaged and involved, people tend to behave more ethically, the culture is more open to diversity in hiring and promotions, employees are more satisfied with their jobs and have lower intentions to leave, and workers have higher per...
When women work and lead alongside men in teams and organizations creativity is enhanced, and teams and organizations can better generate novel ideas, understand various perspectives, make discoveries, and create breakthrough innovations.Greater Good Magazine, 2017.
More gender and racial-diverse teams made fewer factual errors, were more willing to reexamine facts and remain objective, became more aware of personal blind spots, processed facts more carefully, and embodied more innovative thinking than non-diverse groups. Harvard Business Review, 2016.
Innovative companies likeNike and Visa share a notable trait: they have more women on their boards than industry peers and often boast stronger DI programs. Green Money, 2019
Women have better non-performing loan (NPL) ratios: 3% compared to 4.9% for total SME portfolios according to an IFC assessment of 157 financial institutions. World Economic Forum, 2022.
Companies in the top quartile for gender diversity on executive teams were 25% more likely to have above-average profitability than companies in the bottom —McKinsey + Company Diversity Wins 2020
Enabling women to gain better access to finance could unlock $330 billion in annual global revenue. ILO, 2019.
Potential Project data shows disengaged employees cost organizations. Women leaders save $1.43M for every 1,000 employees. potential partners, 2022.