Subscribe via RSS
View our Archives

Why Gender Diversity is Essential for an Effective Organisation

Gender Diversity for an Effective Organisation

Due to several recent studies, many organisations are rethinking their former reluctance to embracing gender diversity at the executive level. Many of the studies, especially the Catalyst and McKinsey studies, indicate that companies with more gender diversity in executive positions perform better than those that still practice gender discrimination.

As more studies are publicised and more organisations with female representation at the executive table become high performers, organisations are paying attention and instituting measures to increase the number of women in executive positions.

RBS (Royal Bank of Scotland) Corporate Banking CEO Chris Sullivan has been a role model for diversity, winning a European Gender Diversity award for his tireless work in providing opportunities for females for upward mobility at RBS. Sullivan is a supporter of the Focused Women Network, which is an internal RBS program in place since 2007. At RBS, such changes as flexible work policies and mentoring for women help encourage diversity.

The McKinsey Study

Business think-tank McKinsey and Company conducted research on gender diversity that compiled the gender diversity practice of major international companies. They drew four main conclusions.

Diversity is Personal

CEO’s who advocate and practise gender diversity become very passionate about the cause. It becomes a personal mission for many, transcending statistics to include personal values, beliefs and experiences. However, it takes more than a CEO to change corporate culture and this passion often extends throughout high performing organisations.

Corporate Culture is Important

For gender diversity to thrive, the entire organisation must have a culture of inclusion and the commitment to leadership development from within. Some CEO’s see gender diversity as a natural extension of a “human centred culture.”

Improvements must be Systematic

There must be a layered, systematic approach to gender diversity—talented women must be identified, developed and given career paths leading to executive positions.

Board Representation is Essential

Statistical evidence is overwhelming: there is a direct relationship between the ratio of women on boards and the ratio of women in top management positions.

The Integral Approach

The Integral Approach, based on Integral Theory by Ken Wilber, creates an environment where it is impossible not to practice gender diversity. To learn more about our leadership development program, call our Perth location: 1300 176 789.

Ron Cacioppe

Ron Cacioppe is the Managing Director of Integral Development and holds a BSc, an MBA and a PhD. He has taught in the Graduate School of Management at Macquarie University, Curtin University and the University of Western Australia.

Comments are closed.

Subscribe to the Integral Development Mailing List

* indicates required