Slow progress in adding more women to boards has dominated the conversation. But tips from standout companies are more likely to inspire others to take firmer action.McKinsey and Company Logo

The tone of much public discourse on the issue of women’s representation on boards has been pessimistic of late, and understandably so, given

 

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Brought to us by Holly McMullan - Apollo Global Management logo

When managers and scholars talk about diversity’s impact on organizations and teams, they’re usually referring to the effects on collective accuracy and objectivity, analytical thinking, and innovativeness. On “harder” measures of financial performance,

... These companies clearly understand that board diversity is not a social issue, but is about improving their companies’ performance and enhancing their long-term sustainable value.

Mary Hartman Morris, Investment Officer, CalSTRS
Co-Chair Thirty Percent Coalition's Institutional Investor Committee.

 

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