In 2023, for the first time in history, women CEOs lead about 10% of Fortune 500 companies. This is undoubtedly an important milestone. But it also underscores the need for more women at all levels of leadership.
And this is not just about representation. Women leaders are good for business:
- The Ready-Now Leaders report from the Conference Board shows that organizations with at least 30% women in leadership roles are 12x more likely to be in the top 20% for financial performance.
- Research from Leadership Circle, based on assessments with over 84,000+ leaders and 1.5 million raters (comprising boss, boss’s boss, peers, direct reports, and others), shows that female leaders show up more effectively than their male counterparts across every management level and age level.
Read more at: https://www.forbes.com/sites/kevinkruse/2023/03/31/new-research-women-more-effective-than-men-in-all-leadership-measures/?sh=40fbc821577a