Firms with more women on boards outperform those without: Rania
Queen Rania Al Abdullah of Jordan, a renowned advocate for women’s empowerment and education, has recently made a significant statement regarding the importance of having women on corporate boards. According to her, companies with more women on their boards tend to outperform those without them. This assertion is a crucial finding in the ongoing debate about the role of women in corporate leadership and highlights the significance of creating a more inclusive and diverse business environment.
In a recent interview, Queen Rania emphasized the need for economies to provide stable, flexible, and family-friendly workplaces in order to attract and retain talented women. She believes that this is essential for fostering a more equitable and competitive business environment. Her sentiments are echoed by numerous studies that have consistently shown that companies with diverse boards of directors tend to perform better financially and have a competitive edge in the market.
One of the key reasons why companies with women on their boards tend to outperform others is because women bring a unique set of skills and perspectives to the table. Research has shown that women tend to be more collaborative and less likely to engage in aggressive or competitive behavior, which can lead to better decision-making and reduced conflict. In addition, women are often more empathetic and able to think outside the box, which can lead to innovative solutions and new ideas.
Queen Rania’s comments also highlight the need for workplaces to be more flexible and accommodating to the needs of women. Many women face significant challenges in balancing their work and family responsibilities, and companies that offer flexible working arrangements and family-friendly policies are more likely to attract and retain top female talent. This is especially important in today’s digital age, where the boundaries between work and personal life are becoming increasingly blurred.
In addition to the benefits for companies, Queen Rania’s statements also highlight the importance of creating a more inclusive and equitable society. Women make up half of the world’s population, yet they are still significantly underrepresented in corporate leadership positions. This is not only a missed opportunity for companies, but it also perpetuates gender inequality and limits the economic potential of half of the world’s population.
Queen Rania’s advocacy for women’s empowerment and education is well-known, and her comments on the importance of having women on corporate boards are just the latest example of her commitment to promoting gender equality. As a mother, she is deeply concerned about the future of education and the role that it plays in shaping the lives of children. In her words, “Every child deserves better,” and she believes that education is the key to unlocking their full potential.
In conclusion, Queen Rania’s statement that firms with more women on boards outperform those without is a significant finding that highlights the importance of creating a more inclusive and diverse business environment. Companies that offer flexible and family-friendly workplaces, and that actively seek to recruit and retain top female talent, are more likely to outperform their competitors. Moreover, Queen Rania’s advocacy for women’s empowerment and education is a powerful reminder of the importance of promoting gender equality and creating a more equitable society.
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