Women more effective business leaders than men, study finds
Collaboration and consensus-building yield results on the corporate bottom line.
Facebok COO Sheryl Sandberg has been all over the news this March, which is Women’s History Month, with the publication her new book. “Lean In” encourages women to assert themselves professionally and restart a gender revolution that Sandberg says has stalled.
Female business leaders hold just 14 percent of executive officer positions at Fortune 500 companies, she has noted, and about 17 percent of board seats — a minority standing that has barely budged for a decade.
Yet, a study published this week concludes that women actually make better corporate leaders than men.
Research published in the “International Journal of Business Governance and Ethics” concludes that having more women on a company board is not only the right thing to do in terms of equality, but yields a greater bottom line on corporate spreadsheets.
“We’ve known for some time that companies that have more women on their boards have better results," stated one researcher. “Companies with few female directors may actually be shortchanging their investors.”
The study is based on a survey of more than 600 board members, 75 percent of which were male directors. Women make up about 9 percent of corporate board memberships globally, the study said.
More from MSN Living: Women who inspire us
Key to the findings was that women are more likely to take a collaborative approach to decision-making. They’re more inclined than men to consider the rights of others and to arrive at fair decisions that take the interests of multiple stakeholders into account. Women business leaders were also found to be more inquisitive and to consider a broader range of solutions to problems.
More from MSN Living: 40 time-saving tips to save you an hour a day
Male leaders, the study concluded, prefer to make decisions using rules, regulations, and time-honored approaches to doing business.
While being effective consensus-builders appears to be a strength of female directors and leaders, the researchers say professional women are also more inclined to “rock the boat” — as Yahoo chief exec Marissa Mayer did last month with her against-the-grain plan to ban her employees from working at home.
Photo: Women more effective leaders / Izabela Habur/Getty Images
Some women have been very good at leading. Others not. Likewise men. Each have different qualities that lend (or not) to any given situation. Usually, i find it's not so much the person that makes the difference as it is the situation that's suited to any leader's particular qualities. In other words... its always seems to be more of a case of "history that makes the man/woman", not the reverse.
And about Marrisa Mayer: I hope the best for her but i must admit that something about her gives me an uneasy feeling. Somehow i just get the feeling that she is the type to say "Do as i say do, not as i do". In other words, she doesn't really lead by example.
Plus, i don't think the Yahoo webpage redesign was all that impressive. And of all the web portals out there, I find Yahoo the most anoying. Gee!... must readers sit through a 30 sec ad everytime the want read an article? It feels like they don't value our time. 10 seconds long is all any commercial should last, not 30. I get so turned off to the shenigans of the site, that i find myself passing on reading many of their articles.
inspire: live a better life
Summer traditions can be great, but if you’re on year six of packing the same people into the same car to go on the same vacation, it’s time to switch things up. Surfing in Portugal, perhaps – or cycling through Northern Ireland. We've put together a list of 15 places well off the beaten path that you should go to when you're ready to try something new.
Grab a sleeping bag and head out to one of these amazing campsites.
A dozen adventures that are well worth the trip.
Paper downplays the significance of practice over raw talent.
Survey says American teens aren't great at complex or basic financial tasks.
Fear of Moving Away: How to conquer the latest cultural anxiety and embrace the unknown.
Adulthood has no eureka moment.
Just like your body, your brain needs a regular workout too.
Being a winner is a good feeling to have — especially in life. Winning doesn't solely relate to competitions or Charlie Sheen's coining of the term back in 2011. From achieving success to maintaining a work-life balance, find out what characteristics mean your life is going the way it should be. You may just even find an inspiration or two that you'll want to incorporate into your daily routine!
Sometimes it seems like you need a vacation from your vacation.
That'll get you and your 2 kids a house, SUV, and more, per a 'USA Today' analysis.
While most of us associate the Fourth of July with fireworks and barbecue (and taking a long weekend off from work), it's also an important day to give thanks to the people who help keep us safe.