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Oud 29 december 2017, 11:14   #42
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Diversity is key to the organizations of the future

A study by the International Finance Corporation reveals that incorporating more women to companies not only helps protect their rights but at the same time, it is also good for business. They reported the following benefits obtained from hiring women taken from several case studies of companies in different industries around the world:

Access to the best available talent: The number of potential professionals to cover vacancies has increased, from lower-skilled levels to executive positions.
Improvements in productivity and innovation: there is increasing evidence that the co-existence of men and women in the same environment accounts for more creative teams; diversity is key to the organizations of the future.
Strengthening team dynamics: women frequently possess the skill to unite people and draw together opinions and proposals. This competition favors the creation of teams, furthers participation and optimizes the decision-making process.
Reduced staff turnover and long term relations: in contrast to men, the majority of women can multi-task and multi-focus. Companies can thus decide to support their training, in lieu of hiring new staff for opening vacancies or positions.
Better work environment: they can relate through empathy and appreciation for others since they are typically more focused on individuals and their needs. Their greater willingness to communicate and receive feedback contributes to solving disputes.
Although working women represent 40% of the global work force and many go on to set up their own enterprises, the International Labor Organization estimates that almost half of their productive potential (48%) is unutilized, compared to 22% of men.

Investing in initiatives that support women at the work place is a “win-win” situation since both employees and employers obtain real benefits. At least one third of the companies that invested in these programs in emerging and developing countries improved their benefits and 38% expect earnings, according to a survey conducted by McKinsey.
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