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Do you have a good article on how gender diverse boards are more successful (or their companies?) I need some empirical evidence about this…

Hi Jen, do you have a good article on how gender diverse boards are more successful (or their companies?) I’d love to share some empirical evidence about this with a client of my firm.  M.

Sure, M, as you might expect there are loads of articles around women and boards.  The three that I recommend most often are:

1. The Bottom Line: Connecting Corporate Performance and Gender Diversity was one of the first data analysis produced, back in 2007 by Catalyst, and analysed the performance of Fortune500 companies against their gender diversity.  This groundbreaking research found that the group of companies with the highest representation of women on their top management teams experienced better financial performance than the group of companies with the lowest women’s

representation: Return on Equity (ROE) was 35% higher, and Total Return to Shareholders (TRS) was 34%higher.

2. The Bottom Line: Corporate Performance and Women’s Representation on Boards (2004–2008) is another Catalyst report, published in March 2011, again looked at Fortune500 companies and found that companies with sustained high representation of women board directors (WBD), defined as those with three or more WBD in at least four of five years, significantly outperformed those with sustained low representation by 84 percent on Return On Sales, by 60 percent on Return On Invested Capital, and by 46 percent on Return On Equity.

3. For the Australian context, The Reibey Institute analyses the ASX500 companies – and in it’s 2011 report it found that ASX500 companies with women directors on their boards delivered Return on Equity (ROE) up to 8.7% higher than those companies without women directors.

Good luck with it, M, and I hope you can shed some light for your client on the upside potential of bringing gender balance to its business!

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2 months ago

Jen Dalitz

What are the lessons you’re teaching your kids? We took the opportunity of a holiday long weekend to visit my mum interstate as the timing of the trip coincided with my son’s favourite AFL team battling it out against my mum’s beloved team. Perhaps only those of you with the love for AFL will appreciate why we’d plan a long distance trip around a game of footy, but suffice to say it was a passion project! With every ounce of anticipation, the game was a tough, tight duel and could easily have gone either way. Yet when the final siren sounded, it wasn’t our team that was smiling. It sure is tough for a 10 year old boy to sit within a crowd 41,000+ people all cheering for the opposite side. It was tough for him to see the exhaustion and disappointment on the faces of the players he adores. And yet, it’s so important for him to learn that his team won’t always win. There’s so many lessons in that, but the one I chose to instil is that you won’t always back the team that wins but you’ll always back the team that you love. That’s why I asked him to wear his team colours home the next day, and show his support even when the chips are down. That’s the kind of commitment I want my son to learn and the kind of team player I want him to be. PS. #gotheGiants @GWSGiants #neversurrender ... See MoreSee Less

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4 months ago

Jen Dalitz

I haven’t been here in a while as the writing has been on hold. But I was reminded today that there are things in our life that light us up. That might take us out of our comfort zone but, once you sit with it, bring you both joy and a sense of “I can do this” achievement. These moments are such a gift. So I’m curious, what’s your special thing that lights you up?

Despite (or in spit of) my professional career, these moments for me normally involve my horses. I’ll never be an equestrian Olympian, but I take great pleasure in all the lessons my horses teach me. They remind me that it’s a team effort, we’re in it together, and that if I’m prepared to give a little bit more, they will too. That’s true whether we’re on the ground taking care of their feet, or grooming, or when I’m atop riding as one. Two hearts one team.
It’s hard to describe the adrenaline and joy they bring to my life. But I’d love to know, what lights you up??
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And so, maybe time does change some things. Or women do.

Skavlan Talkshow
– They let me go at 42 because they told me I was too old to represent women's dreams. #kvinnedagen

Watch our talk show interview with Isabella Rossellini here: www.youtube.com/watch?v=zRa7UptZ3qw
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