Bush argues that businesses that lack female leadership are tremendously missing out, stating:
United States non-profit Catalyst.org found that women make better entrepreneurs. Their 2011 report saw a 26 percent high return on invested capital (ROIC) in top companies with 19-44 percent women leaders and no women directors in the bottom. What that means is that companies with female entrepreneurs performed extremely well in generating revenue. This figure is even more impressive with women in the tech space who founded their own startups.
Female leaders certainly bring a lot to the table. Results like generating revenue is an obvious sign of success, but even studying less tangible outcomes – like employee engagement – women entrepreneurs still tend to bring more to the table.
Market research firm, Gallop, reports that women are more successful at engaging employees than there male counterparts.
Understanding the value that women leaders bring to an organization is the first step to overcoming any gender biases that an organization or individual may have. Creating a successful talent strategy includes eliminating unconscious biases during the hiring process – whether its gender – or something else and shifting the focus to creating a more inclusive, diverse and balanced workforce.
We have a really SIMPLE trick to equal out/even out your biases in an interview. Feel free to email us at info(at)wejungo(dot)com and ask, we’re happy to share our secret with you!
Feel free to connect with us if you need help finding the RIGHT fit executive/ your executive search, or help building a talent strategy and recruiting resourcesfor your company.
Has there been a female leader who has stood out in your career? If yes, tell us who and why?
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The biggest thing for companies hiring to keep in mind is to keep the process for every candidate consistent. This will help remove bias from your hiring process. Ultimately what is most important to evaluate is a candidate’s culture fit, their motivations and the performance of a person that translates to a successful hire, so being open minded to ALL those types of candidates is important.
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