A world-first study, based on six years of Australian companies’ gender reporting to the federal Workplace Gender Equality Agency, has identified the causal role between greater gender diversity and business success.
It established that companies who appointed a female CEO increased their market value by 5 per cent — worth nearly $80 million to an average ASX200 company.
“If you’re a member of a board or a CEO or executive and you don’t take notice of what this report is telling you, then you are not meeting your obligation to your shareholders or your owners,” says WGEA Director Libby Lyons
via ABC, 19 June 2020See More
What do New Zealand, Germany, Taiwan, Iceland, Finland, Norway and Denmark have in common? When it comes to the coronavirus crisis, there are two things they share – their leaders have been praised for their handling of it, and those leaders are all women.
Vanessa Pigrum, CEO of Cranlana Centre for Ethical Leadership, believes the success of these countries’ response to the pandemic highlights the benefits of diversity. “We need leaders drawn from a wider field than has traditionally been the case, to bring with them a new perspective and fresh approach to persistent issues, and brand-new challenges,” she says. “The pandemic has swept away many assumptions about entrenched systems and challenged accepted thinking in a range of spheres. It’s also shown us that what people need in a crisis can be met by a range of leadership styles which offer more than we’ve been offered to date.”
via Mindfood, 2 June 2020See More
Innovation begins with the courage and willingness to think differently. That begins at the board and C-suite levels. When leadership is thinking differently, they will challenge others in the company to do the same.
via Entrepreneur, 24 October 2019See More
Like it or not, says our Lead Moderator Peter Mares, the virus has brought government back into vogue: it is government that subsidises wages and extends credit, it is public hospitals on the front line of the pandemic, it is tax dollars fuelling research into a vaccine. While businesses and community groups contribute to tackling the virus, we look first to government for solutions.
This puts public officials under immense pressure. They must make quick judgements, aware that any misstep will have profound repercussions. A pandemic has made morality the subject of everyday conversations and thrown the ethics of decision making into stark relief.
Canberra Times, 5 May 2020See More
Ro Allen, Commissioner for Gender & Sexuality and part of Cranlana’s alumni, says “Cranlana called us into that space where you understand that making the right decision calls for bravery.”
Equipping senior leaders with the courage to make ethical decisions in challenging circumstances is what Cranlana Centre’s programs do, so that they can help build a better society.See More