​Did you know thatorganisations with diverse leadership perform better than those without? This is a finding of a study ongender diversity by Marcus Noland, Tyler Moran, and Barbara Kotschwar. Although it was hard to pinpoint the exact performance rate women in leadership positions brought, it did, however, suggest that gender diversity leads to better company performance.

Studies from The Peterson Institute and MSCI ESG Research Inc. revealed that in order to change the dynamics of a company's board, three or more women are required to bring about substantial change.

In this blog, Network Recruitment will provide five reasons why having women in leadership roles are beneficial to your business.

Build strength in your organization's Emotional Intelligence (EQ)

Many organisations have yet to realise how important EQ is for their business as the lack thereof can negatively affect the organisation's morale. Studies have found that on average women have an edge over men when it comes to emotional intelligence, as they are more self-aware. Jon Warner, an executive coach and management consultant explains that in the workplace this translates to an employee who understands their own strengths and weaknesses in addition to how their actions could affect their team members. Self-aware employees are also better equipped to handle constructive criticism and learn from their mistakes.

Improved problem solving

Women are known to be holistic problem-solvers. They gather and incorporate information faster and arrange them into more complex patterns than their counterparts. Research across the world also reveals that a workforce represented by diverse professionals leads to a diverse problem-solving approach, which in turn increases your company's bottom line.

Create a more trusting company culture

While women are considered better communicators, they are also perceived, to be honest, more friendly and empathetic. According to Gallup's survey, women have the ability to engage and develop people. It is understood that this is a definite benefit for your business.

Increased collaboration

Research has indicated that women are rated better collaborators and team leaders. With good networking skills, they are able to create a good peer-to-peer camaraderie that is essential for keeping productivity at an all-time high. This boosts company morale and aids in growing the business.

Establish a bigger pool of great mentors

It has been proven that mentorship is a critical element of an employee's personal and professional development. A study by professional services firm, Egon Zehnder, found that 54% of women have access to senior leaders who serve as mentors. If your organisation has a diverse leadership, it will allow more women to access a pool on knowledge. For example, in male dominated industries where women often find it difficult to build networks a feminine mentorship from can assist. As they will by share knowledge and, expertise and experience.

Are you looking for an IT job, Finance job, Engineering job, or a Contracting assignment? Contact Network Recruitment, your trusted partner in specialist IT, Finance and Engineering placements for 30 years.