RevOpsforce’s Post

🌷Happy Women's Day! Although:  - since 1960, only 77 women have held the most powerful positions of executive power in their 59 countries - and at the beginning of 2023, there were 15 countries led by women, with Italy and Honduras electing their first female presidents in 2022 - only 10,4% of companies in Fortune 500 are managed by women according to Fortune > https://lnkd.in/diaTE5BU there are also some positive results according to Statista here: https://lnkd.in/d_uBK458: - in 2022, women made up between 12 and 36.7 percent of all employees working in leadership and/or managerial roles at these large technology companies.  - Facebook had the highest rate of women in leadership roles, with 36.7 percent, followed by Apple, with 32.3 percent of their leadership positions being held by women. Why do we need to see more women in leadership positions in companies? Some research articles point out that: "companies with more women in senior positions are more profitable, more socially responsible, and provide safer, higher-quality customer experiences — among many other benefits" via this article in Harvard Business Review> https://lnkd.in/drz7pfMi citing these scientific articles: > Women on Boards and Firm Financial Performance: A Meta-Analysis > in The Academy Management Journal > https://lnkd.in/dFNsvy8s > Women on Boards and Firm Financial Performance: A Meta-Analysis, The Academy Management Journal > https://lnkd.in/dFNsvy8s > Women on Boards of Directors and Corporate Social Performance: A Meta-Analysis in journal Corporate Governance https://lnkd.in/d9yBtY38 The authors of this article conclude: "including more women in executive decision-making may lead firms to consider a wider variety of value creation strategies." #IWD24 #thestorybehindthenumbers #numbers #business #strategy #businesstrategy #valuecreation #management #leadership #financialperformance #profit #learning #learninganddevelopment

Check out this #ces2024 panel hosted by The Female Quotient featuring our Deloitte Data & Digital Trust leader Tanneasha Gordon

Get into it! Straight Talk: Why Direct Female-to-Female Feedback is the Key to Women’s Growth at Work. Women receive less feedback in the workplace than men, and that feedback is often more generic and indirect, slowing women down from making key changes in their leadership style or enhancing their skills!!!

As women, we need to recognize the power of mentorship, sponsorship, and constructive feedback in the workplace. Let's keep the conversation going! To all the female leaders out there, when was the last time you sponsored someone? Are you regularly providing constructive feedback to your team? Let's continue to support each other and lift each other up. #WomenSupportingWomen #Mentorship #Sponsorship #ConstructiveFeedback

New Frontiers in Women Leadership: 2024 and Beyond During 2024, the landscape of women leadership is witnessing transformative shifts. I'm excited to launch a series exploring these dynamic changes. #WomenLead #FemaleLeadership #Leadership2024 🌟 Empowering Inclusivity: In 2024, inclusivity isn't just a buzzword; it's the core of leadership. We're seeing a surge in organizations not just welcoming but actively seeking diverse perspectives, especially from women in leadership roles. This shift is fostering more holistic and empathetic decision-making processes. 🚀 Tech-Forward Leadership: Women are not just participating in tech; they're leading it. The rise of female tech leaders is inspiring a new generation of women to break stereotypes and embrace roles in AI, blockchain, and other cutting-edge fields. #WomenInTech #LeadingLadies #WomenAtTheTop 🌱 Sustainable Leadership: Environmental and social governance (ESG) is no longer optional. Women leaders are at the forefront, driving sustainability initiatives. Their unique approach to leadership is proving crucial in addressing global challenges like climate change and social inequality. 🔗 Hybrid Work Models: The evolution of work-from-home to hybrid models is reshaping leadership dynamics. Women leaders are pioneering flexible work structures that balance productivity with well-being, proving that effective leadership is adaptable and empathetic. 💡 Mentorship and Networking: There's a growing emphasis on mentorship networks, with experienced women leaders guiding the next generation. This trend is creating a robust support system, empowering more women to ascend to leadership positions. #NextGeneration #WomenLeadership #WomenWhoLead 📢 Your Voice Matters: As we explore these trends, I invite you to share your insights and experiences. How do you see women's leadership evolving in your industry? What changes are you excited about? #FemaleLeaders #EmpowerHer #InspiringWomenLeaders 👉Join me in this conversation as we delve into the evolving world of women leadership.  Let's learn, inspire, and lead together in 2024!

Guess it’s high time we address the elephant in the room. For too long, the top tiers of the restaurant and hospitality industries have been dominated by a monotonous parade of men at the top. It’s not just dull; it’s bad for business. Hiring women in leadership roles shouldn’t be a favor; it’s actually a strategic move for your company. Women leaders drive increased sales and customer loyalty. They bring a blend of empathy and strength to the workplace, fostering environments where creativity and efficiency thrive. The same old leadership models are outdated and uninspiring. Diverse leadership, especially with women at the helm, offers fresh perspectives that resonate with a broader audience. In an industry built on service and experience, understanding and connecting with your customer base is key. Women excel in this. We’re not just filling seats at the table; we’re redefining how the table should look and function. So, to those clinging to the archaic hiring practices: wake up. You’re not just failing society; you’re failing your business. Don’t believe me? Here are some stats. Women bring in 20% more revenue in business with 50% less capital investment. Also, companies with women on the board outperformed companies that have zero women board directors by 84% return on sales, 60% return on investment capital and 46% return on equity. The future is diverse, innovative, and unapologetically female. It’s time to embrace it or be left behind. Women aren’t just a ‘nice to have’; we are a must-have for any business that wants to stay relevant, profitable, and ahead of the curve. #heathercoxcodes #womeninbusiness #womenintheworkplace #womenceo #womenbusinessowners #womenfounders

Global CEO turnover spiked in the first quarter of 2024, with 52 departures and 68 new appointments, according to the latest quarterly turnover index from Russell Reynolds Associates, a leadership advisory firm. Roughly 1 in 4, or 24%, of women CEOs leave their post within two years, according to RRA data going back to 2018. That’s more than twice the share of the 10% of men who leave their CEO job in that window. With an even shorter timeline, women CEOs are four times as likely as men to leave the role within a year. Across the business world, senior-level women are quitting at some of the highest rates ever, according to data from Lean In and McKinsey & Company, citing challenges like microaggressions, promotions gaps, and carrying the responsibility for diversity and inclusion initiatives. Read more: https://cnb.cx/3UAKA86

According to an S&P Global report, “In the 24 months post-appointment, female CEOs saw a 20 percent increase in stock price momentum, and female CFOs saw a 6 percent increase in profitability and 8 percent larger stock returns.” There's no doubt that women will continue to excel in the business landscape once they take over the reins of their companies, but I've had many ask HOW we accomplish this. It's actually rather simple: by focusing on communication, community, and emotional intelligence we're able to bring together leaders with the same passions, creating a company built by like-minded individuals working toward a common goal. #WomenInLeadership #FutureOfBusiness #Data

Big surprise ? No. But still, we live in a world where we need to produce reports to provide evidence to support business cases for diverse leadership teams being good for the bottom line. The need to devise and implement strategies to make progress. And morally and ethically of course it might possibly a good thing to do. Let’s not forget that. Anyway, you get the idea - more women, more inclusion = diverse thinking therefore, well what a surprise - better performance. So, lots of new and up to date data to support your #ERG, #dataanalysis #audits #strategy #programmes, resources, budget and any of the other things you need to build a business case👇 (Companies with representation of women exceeding 30 percent (and thus in the top quartile) are significantly more likely to financially outperform those with 30 percent or fewer etc) #edi #dei #diveristy #womeninleadership

Empowering Women CEOs for a Thriving Future 🌐 In today's fast-paced business environment, the imperative shift towards empowering more women CEOs is not just a moral compass but a strategic necessity. Yasmin Walter's recent Forbes article sheds light on the profound impact women CEOs can have on businesses, and here are three compelling reasons why supporting this transformation is pivotal. Diversity Drives Innovation: Women CEOs bring a rich tapestry of perspectives, problem-solving approaches, and creative solutions to the table. Diverse teams consistently offer more creative input, fostering a culture of innovation that gives companies a competitive edge in today's dynamic market. Enhanced Financial Performance: Diverse leadership teams, led by women CEOs, contribute to a more resilient and agile business. Varied skills, experiences, and decision-making styles are vital assets in navigating challenges and driving sustained success. Reflecting Customer Diversity: A diverse leadership team, especially with women CEOs, ensures decision-making aligns with the diversity of consumer demographics. In today's consumer-driven market, understanding and catering to a broad range of perspectives and needs are crucial. Let's champion the rise of women CEOs and pave the way for a future where diversity, inclusion, and equal opportunity are the cornerstones of thriving businesses and economies. 🌟 #WomenLeadership #InclusiveFuture #BusinessSuccess  #DiversityInLeadership #WomenCEOs #BusinessInnovation Forbes Business Council Read here: https://lnkd.in/gG7EZCWQ