terms of decision-making , making better decisions 87 % of the time .
“ In addition , a 2019 study by Boston Consulting Group found that companies with more diverse management teams had higher revenue from innovative products and services than companies with less diverse teams . Therefore , by promoting women to leadership roles , organisations can tap into a broader talent pool and gain access to diverse perspectives and experiences .”
It must be emphasised that DEI strategies shouldn ’ t just be used as window dressing by companies , but should also be a crucial pillar of organisational culture . This will allow businesses to not only recruit more women into their teams , but also inspire current employees to remain in their jobs – thus saving valuable time and money on recruitment costs .
In turn , this can lead to increasingly effective decision-making and problemsolving as women bring unique perspectives and experiences , which can lead to more creative and innovative solutions to complex problems .
“ Elevating women in leadership roles is a crucial step towards promoting workplace equality and creating more inclusive organisations ,” Kate asserts . “ By prioritising gender diversity in leadership , organisations can improve their performance , expand their talent pool and create a more positive and supportive workplace culture .
“ Likewise , automation and AI are likely to play a larger role in the workforce in the coming years , across all industries . While this may lead to job losses in some areas , it will create many new opportunities in exciting new industries , in roles that are yet to be invented . sustainabilitymag . com 77