Making the business case for diversity in executive teams and board of directors

McKinsey & Company

Report on the relationship between leadership diversity and performance, social impact and the workforce.
  • According to the report, companies in the top quartile for gender diversity are 39% more likely to outperform peers, up from 15% in 2015.
  • Companies in the top quartile for both gender and ethnic diversity in executive teams are 9% more likely to outperform their peers.
  • In comparison, those in the bottom quartile for both are 66% less likely to outperform financially – up from 27% in 2020.
  • The same is true in boards, as boards in the higher quartile for ethnic and gender diversity are more likely to financially outperform their peers and spark, more diversity of thought and...

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