Resource: Women in Business Turning Promise into Practice Written by Grant Thornton Monday 14 November 2016 Share Share to LinkedIn Share to Facebook Share via email The Gender Diversity Issue Has Been Around for Many Years Yet Many Businesses Still Have No Women in Senior Management The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. Somewhere there is a disconnect. The business case for gender diversity among business leadership teams is established. It reduces the risk of ‘group-think’ and opens new opportunities for growth. Diversity improves the bottom line: research Grant Thornton conducted shows that listed companies with male-only boards in the UK, US and India alone are foregoing potential profits of $655bn. Yet despite overwhelming evidence of the benefits of gender diversity in leadership we have made little progress. Globally the level of women in senior roles has risen just 3% in the past five years, to stand at 24%. We have also seen the proportion of businesses without any women in senior management remain static over the past five years at around 33%. That means a third of companies still have no female input into executive decisions and no women helping grow the business at a leadership level. Read the full story: http://www.grantthornton.global/en/insights/articles/women-in-business-2016/ Download Like this article? Why not share it. Share to LinkedIn Share to Facebook Share via email Topic: What can managers do to tackle gender pay gaps? Pay disparities remain a debilitating issue – a panel of experts at a recent CMI event shared how you can help close the gap Read article Article Topic: The human catalyst: leading Hong Kong’s workforce in the age of AI Leaders must balance innovation with ethics, fostering human-centred skills that ensure technology serves society Read article Article Topic: Highlights – 12 November Who will keep Britain working? And how can we support them to do so? Read article Article Topic: Managers need to keep their eye on the ball, not the target Relationship with people is fundamental – Vishwanath Alluri considers what can and cannot be taught about management Read article Article Resource The information on this page is designed to help you to develop ever more compelling business proposals and presentations. Take a look at our selection of tools which could help support you. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.
