Organisations are working towards female leadership creating gender equal spaces as part of diversity management: not only in order to incorporate the highest number of women possible and thus boost work output, but also to create equal opportunities.
Promotion of company-employee relationships with a high level of trust has made women in executive positions more committed to launching innovative strategies, making changes in organisational culture, and fostering employee aspirations.
It should be pointed out that generating value within an employee’s personal and professional goals is one of the dimensions of an organisation’s culture. Efficient diversity management can have a positive impact on the organisation.
Female leadership = more participative leadership
An analysis conducted by McKinsey & Company shows that companies with a gender balanced workforce are 15% more likely to demonstrate better financial performance, while for companies with female-majority boards of directors, this figure jumps to 53%.
The presence of women on executive teams entails a greater social commitment and more participative leadership style. Analysing their impact on cooperative enterprises, with specific organisational characteristics and goals, we see how their influence reflects greater motivation and better results.
Enterprising women promote company policies that favour conflict resolution, which is more characteristic of a collaborative context than a traditional company.
Let’s remember that diversity by itself won’t impact positively on the company unless it is properly managed in the interest of achieving an exchange of differences in order to enrich the creation of common projects.
Female leadership boosts growth overall