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Diversity in the boardroom

Research shows a significant relationship between the presence of women on boards and stronger financial performance. The Credit Suisse Research Institute, for example, found that share prices in organizations with at least one woman on the board outperformed those with men-only boards by 26% over a six-year period.

What can organisations do to break the diversity stalemate? Our research report, “Diversity in the boardroom”, shows that developing a high-performing culture could hold the key to creating the conditions for women to be more willing and able to rise to the top.

Enter your details in the form to the right to download a free copy of our report >

Our research – which covers 50 leading organisations – establishes a clear relationship between organisations with strong financial performance, a higher percentage of women in executive leadership teams and a high-performance culture. It’s not clear which element comes first in this virtuous circle but our analysis suggests that developing a high-performance culture can be a more effective means of encouraging gender diversity at a senior level than targeted diversity programmes which, so far, have largely failed.

Recommendations for change

Our report sets out four clear priorities for organizations that want to extend diversity in the executive leadership team, and reap the associated performance benefits. Our recommendations focus on:

  • aligning culture with employee, shareholder and leadership objectives, and measuring achievement with these objectives in mind
  • building talent from within, with a clear career path for top talent to reach executive leadership teams
  • challenging the language of merit which keeps women out of senior leadership positions
  • engaging the best female talent by understanding what they want from their relationship with the organization over the long term.

Enter your details in the form to the right to download a free copy of our report >

To talk to one of our experts about how a renewed focus on culture can break the diversity stalemate contact us now.

Peter Siggins
PA in USA contact us now

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