{"id":3651,"date":"2016-02-26T14:16:12","date_gmt":"2016-02-26T19:16:12","guid":{"rendered":"http:\/\/bizwomenrock.com\/?p=3651"},"modified":"2016-02-26T14:16:12","modified_gmt":"2016-02-26T19:16:12","slug":"the-best-reason-yet-to-increase-women-in-business-leadership","status":"publish","type":"post","link":"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/","title":{"rendered":"The Best Reason Yet To Increase Women In Business Leadership"},"content":{"rendered":"<p>Written by:\u00a0<a class=\"link ng-binding\" href=\"http:\/\/www.forbes.com\/sites\/victorlipman\/\" target=\"_self\">Victor Lipman<\/a><\/p>\n<p>You can make all kinds of emotional arguments about the need to increase women in <a href=\"http:\/\/www.forbes.com\/business\/\" target=\"_self\">business<\/a> <a href=\"http:\/\/www.forbes.com\/leadership\/\" target=\"_self\">leadership<\/a>. I just came across the most compelling logical argument.<\/p>\n<p>It\u2019s a new, large global study that shows a strong link between \u201cthe presence of women in corporate leadership positions\u201d and positive \u201cfirm performance.\u201d<\/p>\n<p>Released earlier this month, the study is called \u201c<a href=\"http:\/\/www.iie.com\/publications\/wp\/wp16-3.pdf\">Is Gender Diversity Profitable? Evidence from a Global Survey<\/a>.\u201d The survey, which analyzed 21,980 firms in 91 countries, was conducted by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Peterson_Institute_for_International_Economics\">Peterson Institute for International Economics<\/a>, a<a href=\"http:\/\/www.forbes.com\/washington\/\" target=\"_self\">Washington<\/a>-based think tank. The study\u2019s authors are Marcus Noland, Tyler Moran and Barbara Kotschwar; financial support for the study came from Ernst &amp; Young.<\/p>\n<p>It\u2019s 35 pages of fascinating if rather dense reading. At the heart of it, however, is the basic core notion of the \u201cpositive correlation between the proportion of women in corporate leadership and firm profitability.\u201d<\/p>\n<div id=\"article-0-inread\" class=\"inread ng-isolate-scope inread-active\">Whether that increased profitability results from the quality of female leadership, the benefits that accrue from more diverse thinking, or other factors, isn\u2019t clear. What <em>is<\/em> clear, however, is a statistical link.\u00a0 The report notes that the link could reflect, \u201cthe existence of discrimination against women executives (which gives nondiscriminating firms an edge) or the fact that the presence of women contributes to skill diversity (to the benefit of the firm).\u201d<\/div>\n<p>The report also makes an important point about the value of an organic \u201cpipeline\u201d of female managers throughout an organization, as opposed to simply installing a female CEO at the top. \u201cThe largest gains [in company performance] are for the proportion of female executives, followed by the proportion of female board members; the presence of females CEOs has no noticeable effect on firm performance. This pattern underscores the importance of creating a pipeline of female managers and not simply getting lone women to the top.\u201d<\/p>\n<h1><a href=\"http:\/\/www.forbes.com\/sites\/victorlipman\/2016\/02\/23\/the-best-reason-yet-to-increase-women-in-business-leadership\/#361ec3b83844\" target=\"_blank\">&gt;&gt;&gt;READ MORE&lt;&lt;&lt;<\/a><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>Written by:\u00a0Victor Lipman You can make all kinds of emotional arguments about the need to increase women in business leadership. I just came across the most compelling logical argument. It\u2019s a new, large global study that shows a strong link between \u201cthe presence of women in corporate leadership positions\u201d and positive \u201cfirm performance.\u201d Released earlier [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1128],"tags":[],"class_list":["post-3651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advice-from-the-best"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Best Reason Yet To Increase Women In Business Leadership - Biz Women Rock!<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Best Reason Yet To Increase Women In Business Leadership - Biz Women Rock!\" \/>\n<meta property=\"og:description\" content=\"Written by:\u00a0Victor Lipman You can make all kinds of emotional arguments about the need to increase women in business leadership. I just came across the most compelling logical argument. It\u2019s a new, large global study that shows a strong link between \u201cthe presence of women in corporate leadership positions\u201d and positive \u201cfirm performance.\u201d Released earlier [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz Women Rock!\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-26T19:16:12+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/bizwomenrock.com\/beta\/wp-content\/uploads\/2016\/02\/960x0-e1456514164800.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"238\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Katie Krimitsos\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katie Krimitsos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/\",\"url\":\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/\",\"name\":\"The Best Reason Yet To Increase Women In Business Leadership - Biz Women Rock!\",\"isPartOf\":{\"@id\":\"http:\/\/bizwomenrock.com\/beta\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/bizwomenrock.com\/beta\/wp-content\/uploads\/2016\/02\/960x0-e1456514164800.jpg\",\"datePublished\":\"2016-02-26T19:16:12+00:00\",\"dateModified\":\"2016-02-26T19:16:12+00:00\",\"author\":{\"@id\":\"http:\/\/bizwomenrock.com\/beta\/#\/schema\/person\/6722c978698b3cbf05df315a70908de5\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/#primaryimage\",\"url\":\"http:\/\/bizwomenrock.com\/beta\/wp-content\/uploads\/2016\/02\/960x0-e1456514164800.jpg\",\"contentUrl\":\"http:\/\/bizwomenrock.com\/beta\/wp-content\/uploads\/2016\/02\/960x0-e1456514164800.jpg\",\"width\":300,\"height\":238},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/bizwomenrock.com\/beta\/#website\",\"url\":\"http:\/\/bizwomenrock.com\/beta\/\",\"name\":\"Biz Women Rock!\",\"description\":\"Inspiring Interviews With The World&#039;s Most Incredible Business Women\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/bizwomenrock.com\/beta\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"http:\/\/bizwomenrock.com\/beta\/#\/schema\/person\/6722c978698b3cbf05df315a70908de5\",\"name\":\"Katie Krimitsos\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/bizwomenrock.com\/beta\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/87e983f91bd300b5572a2f6035b7580329bbd8c73506496f6be300a26cf12b00?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/87e983f91bd300b5572a2f6035b7580329bbd8c73506496f6be300a26cf12b00?s=96&d=mm&r=g\",\"caption\":\"Katie Krimitsos\"},\"url\":\"http:\/\/bizwomenrock.com\/beta\/author\/katie\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Best Reason Yet To Increase Women In Business Leadership - Biz Women Rock!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/bizwomenrock.com\/beta\/the-best-reason-yet-to-increase-women-in-business-leadership\/","og_locale":"en_US","og_type":"article","og_title":"The Best Reason Yet To Increase Women In Business Leadership - Biz Women Rock!","og_description":"Written by:\u00a0Victor Lipman You can make all kinds of emotional arguments about the need to increase women in business leadership. 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