Diversity Makes Good Business Sense

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Companies that recruit, retain and advance women have a competitive advantage in the global marketplace. Studies spanning three decades have shown that companies that employ more women in high positions are more profitable. Recent research reveals that companies with a greater representation of women in senior management positions financially outperform companies with proportionally fewer women at the top levels. Diversity makes good business sense.

Diverse leadership brings valuable breadth of perspective to decision making. Research also supports links between diversity and good governance. It's time for CEOs to realize that gender and racial diversity within their boards and executive offices will help improve their companies' bottom line.

Formed in 2002, Milwaukee Women inc (MWi) is a collaborative effort of executive and professional women working to change the face and quality of leadership through the advancement of women. The MWi Steering Committee is composed of representatives from Milwaukee's leading women's professional organizations, corporations, non-profit organizations and academic institutions.

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What's one of the most hotly sought-after assets on corporate boards? A female director.

BusinessWeek
July 17, 2006

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