DIVERSITY AND MORDERN LEADERSHIP
1
Leadership diversity is related to higher income
A 2013 McKinsey & Company analysed the executive management and boards of 366
large corporations across Canada, Latin America, the UK and the United States and
determined that:
 Executive Gender Diversity Quartile Management Organizations were 15% more
sensitive to financial gains than their market mean.
 Management organizations with a 35% greater chance of investment gains than
the market rates in the upper quartiles for racial and ethnic diversity.
A 2018 More than 1,000 companies from diverse sectors across 12 countries were
surveyed as well by McKinsey's follow-up study that:
 Organizations with lower quartile management teams were 29 percent less
likely to gain greater productivity with demographic diversity and ethnic and
racial diversity.
The study indicates that significant financial benefits can be made by businesses that offer
preference to leadership diversity and the risk of financial decline for all firms who do not.
Three more advantages are provided by expanded gender and racial and ethnic leadership
diversity (Eagly & Chin, 2010).
Leadership diversity will help attract diverse workers
Professionals leave without a second glance, because they know they have little place
for growth and progress under their current employer. Leadership diversity shows and
explains the path to workplace leadership and, in particular, female employees.

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