Decades of research show the benefits of women in leadership are invaluable. Females embody a more transformational leadership style fostering mission-driven cultures. Female presence also improves team dynamics, with better collaboration and collective intelligence; the greater the ratio of women, the greater equality is seen in conversations, thus capitalizing on the team’s full knowledge and skillsets. All this translates into measurable results: meta-analyses link female leadership with improved sales, and their representation on the board of directors is also directly associated with financial performance. 

The largest study of women in corporate America marked its 10th anniversary and has found gains fragile, especially for women of color. The Women in the Workplace 2024 report from McKinsey and Lean In shows representation of women has improved at every level of management, but equity is still decades away. Despite the gains still to be made, corporate America’s prioritization of gender diversity has declined. Yet there would be a 22% increase in global human capital wealth if there was equal participation of women in just the healthcare industry alone! 

Read more at: https://www.fastcompany.com/91270299/4-science-backed-interventions-to-advance-women-leaders