Diversity in leadership roles leads to better decision making and financial performance. Studies show companies with diverse executive teams outperform peers by up to 35% and cognitive diversity boosts team innovation by 20% and reduces threats by 30%. Diverse perspectives provide thorough analysis of options improving decision making and performance.
Diversity in leadership roles leads to better decision making and financial performance. Studies show companies with diverse executive teams outperform peers by up to 35% and cognitive diversity boosts team innovation by 20% and reduces threats by 30%. Diverse perspectives provide thorough analysis of options improving decision making and performance.
Diversity in leadership roles leads to better decision making and financial performance. Studies show companies with diverse executive teams outperform peers by up to 35% and cognitive diversity boosts team innovation by 20% and reduces threats by 30%. Diverse perspectives provide thorough analysis of options improving decision making and performance.
Diversity in leadership roles helps make better decisions and
better financial performance
- Diversity in executive teams can provide various approaches, evaluations and skills for the decision-making process, resulting in thorough analysis and examination of many options that may increase performance. - Based on Mckinsey & Company study, the top 25% of companies in support of gender diversity and ethnic diversity are likely to perform 15% and 35% better, respectively, than their rivals. - Research shows that cognitive diversity boosts team innovation by 20%. It also helps groups to lessen threats by up to 30%.