Benefits of Gender Equality

I have already written about previous McKinsey reports on Gender Equality including “Why Diversity Matters” issued 3 years ago. The  global awareness for inclusion and diversity (I&D) has only increased since then.

Companies regard Gender Equality as a source of competitive advantage.

A new McKinsey report has been published in 2018, “Delivering through Diversity” confirming that  many successful companies regard I&D as a source of competitive advantage.

The key finding of the report is that “The relationship between diversity and business performance persists. The statistically significant correlation between a more diverse leadership team and financial outperformance demonstrated three years ago continues to hold true on an updated, enlarged, and global data set.” The recent research is based on a set of over 1,000 companies.

The case for Women in Management is stregthened with data

The case for Diversity as a business driver is strengthened with more data. If you want to read the full report, please find the link below: 

The research also found interesting facts on other types of diversity. “Companies in the top-quartile for ethnic/cultural diversity on executive teams were 33% more likely to have industry-leading profitability”. In addition, the paper gives policy recommendations to improve organization I&D. 

No wonder these articles on Diversity are amongst the most downloaded from the McKinsey web. Enjoy!