A diverse workforce brings varied perspectives that contribute to an organisation’s prosperity, yet only one in five C-suite leaders is a woman and fewer than one in 30 is a woman of colour, according to a new study from LeanIn.org and McKinsey.
Overcoming this disparity is critical to the success of top companies. In fact, investment analytics firm MSCI ESG Research found that companies with strong female leadership generated a higher return on equity versus those without and suffered fewer governance-related controversies.
INSEAD alumnae from the INSEAD Women in Business Global Club and National Alumni Associations weighed in on what women need to thrive in the workplace, as well as how companies can attract, retain and leverage top talent to cultivate a more diverse workforce. Based on their input, here are eight tips for companies.