According to a recent report by ILO, Companies that improve gender diversity — especially at the top — perform better and rake in higher profits, while countries that increase women employment see better economic growth.
About:
Name of report: “Women in Business and Management: The business case for change.”
Released by: The UN’s International Labour Organization (ILO).
Key findings of the report:
Companies that improve gender diversity — especially in their management — perform better and reported higher profits hikes between five and 20%.
57% companies said growing the number of women at the top made it easier to attract and retain talent.
More than 54 % companies said they saw improvements in creativity, innovation and openness and a similar proportion said effective gender inclusivity enhanced their company’s reputation.
Countries that increase women employment see better economic growth. The finding is based on an analysis of data from 186 countries for the period 1991-2017.
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