02 May How Women Leaders Are Building Better Places To Work
How Women Leaders Are Building Better Places To Work
Plenty of research shows that women-lead companies perform better financially than those led by men. One recent study compared the performance of Fortune 1000 companies that had women CEOs against the male-dominated S&P 500’s performance, and found that the 80 women CEOs produced equity returns 226% better than the S&P 500. But there’s also evidence that women are building workplaces that perform better for their employees, too. According to the findings from Capital One’s Spring 2019 Small Business Growth Index Survey, when it comes to competing for talent, women small business owners (55%) are more likely to market their business as a great place to work than men (37%). And it’s not surprising why.
It’s impossible to truly engage employees if they don’t believe in where the company is headed. A new study from HR data platform Peakon finds that organizations where women hold at least half of executive positions are more likely to have employees who understand and believe in the company’s mission, products, and strategy—and feel more inspired by its purpose.
At the day-to-day level, women have also been found to do a better job at connecting with their employees. In 2015, Gallup research found that female managers are better at engaging employees than male managers, and were rated higher in areas such as giving recognition, providing helpful performance feedback, and getting people in the right role to grow.
To find out more go to: https://www.forbes.com/sites/carriekerpen/2019/04/30/how-women-leaders-are-building-better-places-to-work/#15a331a156a4