According to a WGEA and ABS study, only 18.3% of CEOs and 32.5% of key management personnel are women. There are many reasons for this however providing more inclusive and supportive workplaces where female leaders can thrive can add significant benefits to your company
Bankwest Curtin Economics Centre in partnership with the Workplace Gender Equality Agency over five years also uncovered the financial benefits to having women represented in Senior and Executive roles.
The research demonstrated that increasing the representation of women across each of the key leadership roles in an organisation added market value of between $52m and $70m per year for an average sized organisation. These findings are statistically significant, meaning the association between women in leadership and business performance is causal.
How are you supporting & encouraging more female leadership in your company?
If you want to, don’t know how or need more help with your male executive to change their approach, lets chat.
Full article on the report here https://www.wgea.gov.au/women-in-leadership
I hope this is helpful.
Margie Ireland
Leadership Expert | Psychologist (MAPS)
Margie Ireland is the author of The Happy Healthy Leader – how to achieve your potential even during a crisis. Margie is a registered Psychologist, Leadership Coach and Workshop Facilitator, highly sought after to help Leaders and their teams navigate stress and change with healthier coping strategies, leading to happier, healthier and high-performing teams. For more information visit www.margieireland.com