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How equality influence business performance? - Coggle Diagram
How equality influence business performance?
An equality board leads to better performance
Women perform better than men by market and accounting measures
Different leadership styles
Different perspectives on important decisions is good
Women care more about well-being and group dynamic meanwhile men focus more on decisions-making
Why should it be something bad that the different genders have different leadership styles?
Not every women and men follow in this category, depends on the social and environment impact also
Women are better prepared for meetings and attend more board meetings
Bigger companies have more women in the boards
Benefits of equality?
Balanced gender board sends ethical signals to the stakeholders
More effective
Better social and environmental environment
Women`s participation leads to better CSR
Important to the stakeholders
Women motivate the company better
Why is it inequality?
Society doubts on women
The expectations in society is that men should be leaders
Women need to reach higher standards
Women have not "made it"
Gender roles and images
Male colleagues have a hard time to accept women in leading positions
Bias in recruiting
Men hire men
What should we do?
Code of conducts
Change our mindset
Use objective criteria when hiring
Require companies to have policies that they will hire so the company is equality
We need to understand that companies perform better when the company is diverse and equality
Education