You cannot construct a prosperous economy by leaving one section of the society behind. In order to really progress, the economy needs to bridge both economic and social gender gaps. Such that, everyone can participate in its growth! Similarly, many companies are missing out on a lot by ignoring the importance of women in the workplace. What’s the one thing that is essential for any organization’s success? It is the use of best resources and the best use of resources to maximize organization’s potential and profits. Now, do you think your company is doing that by not practicing appropriate diversity at work?

The Direct Benefits Of Workspace Diversity

Reportedly, Fortune 500 companies with the highest representation of women on boards financially outperform companies with the lowest representation of women on boards.
Reportedly, Fortune 500 companies with the highest representation of women on boards financially outperform companies with the lowest representation of women on boards.

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There are several researches that prove Gender-diverse teams in workspace give better results than teams that are male-dominated. A better “workspace diversity” has shown better sales, profits, average revenue etc related results. Besides numbers, a Gender-diverse workspace also makes for a more comfortable and preferable place to work. Also, a company can perform at its best only when there is an optimum amalgamation of all kinds of energies in its human capital. This optimum point can only be reached via a gender-diverse human capital. Otherwise, the company will always miss out on the contributions that a woman could have provided had there been equal opportunity.

A Better Work Culture

Work culture is of huge significance in any company. A lot depends on it. A company’s culture can be a make or break factor it. In fact, so much so, job seekers often try to understand the corporate culture before joining any company. If you really want the best talents to join your company, you must first impress them with your work culture. And a good work culture can only be build around a Gender-diverse workforce. Not only women bring different skills and energy levels to the company but a more inclusive workforce also makes the workspace more dynamic and complete. As per surveys, more women in the workforce results in a more positive and meaningful work culture.

Thus, more women in the workspace mean positive outcomes for both men and women.

The Obvious Advantage Of A Larger Talent Pool

Ignoring high-potential female talents is like ignoring your own company’s best chance to succeed.
Ignoring high-potential female talents is like ignoring your own company’s best chance to succeed.

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It is so difficult for organizations to find the right talent for a given set of responsibilities. If it is indeed so difficult, why not broaden the talent pool? What would you rather choose- an underperforming company because of unavailability of required talents or a highly productive company because of its gender-diverse workforce? The choice is yours. Good talent is indispensable for a company’s success and by ignoring high-potential female talents, your company is potentially averting its own success.

I hope now you know and understand why your company definitely and unquestionably needs more women in the workspace. And if you already have a gender-diverse workspace, pat your back!