WOMENOMICS IS NO LONGER AN OPTION, BUT AN ECONOMIC & BUSINESS IMPERATIVE
The term Womenomics was first coined 20 years ago, believe it or not, it’s a theory that trends in the current business world that has allowed women to leverage their value in order to redefine success.
“Womenomics is the idea that women’s economic advancement will improve the economy as a whole. … when we liberate the economic potential of women, we elevate the economic performance of communities, nations & the world.” Goldman Sach.
The companies with a majority of female representation in an executive team enjoyed 47% Return on Equity compared to companies with no women in a board.
Compare the same companies with 0 women in their boards with companies with a female majority: they achieved 55% more Return of Sale (ROS).
Companies with the highest representation of women on their top management teams experienced better financial performance: plus 60% on Return On Invested Capital.
WITH 3 OR MORE WOMEN IN DECISION-MAKING POSITIONS, ROS is plus 84%!
Only in a group where you have women leaders in at least 20% of positions, you see this kind of performance increase. The world’s most successful brands like Apple, JP Morgan and Alibaba understand the power of Womenomics and implement it!
Does it surprise you how much more successful businesses are with mixed teams?
Let’s celebrate International Women’s Day 2020!