Goodworks Ventures – Attention Entrepreneurs Who Want to Excel: Add More Women to Your Boards

We were having a bit of a catch-up and the "socialpreneur" was commenting about the new make-up of his board.

For the first time since its founding, he said, half of the board was comprised of women. What was most notable for him, he said that he left a 5-hour board meeting not with a whole pile of new ideas left for him, a solo ED, to execute, but rather with a generative list of new projects that were stewarded by and taken on equally across members of this new working board. "There was a whole lot less egos in the room", he noted.

According to Catalyst’s most recent report, The Bottom Line: Corporate Performance and Women/s Representation on Boards, companies with higher representation of women board directors generated higher financial returns in three important measures:

(1) Return on Equity: 53 percent higher;

(2) Return on Sales: 42 percent higher: and

(3) Return on Invested Capital: 66 percent higher.[1]

Read entire article at https://goodworksventures.com/add_women_accelerate_your_business/

Author: Dawn McGee, Goodworks Ventures http://www.goodworksventures.com

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"The Onlys": There still aren’t enough women at the table http://www.matr.net/article-85391.html