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maybe female talent is wasted?

Interesting article on the business performance of investing in female talent.

"Companies with more guidelines have better outcomes" 21/02/2008

Carmen Morán, El Pais


"According to a study of the 500 largest companies in return on equity the difference between companies with more women in higher positions compared to those who have less is 53%.

Companies with more women in leadership positions have better economic performance in general. In return on equity (ROE, in acronym) the difference between companies with more women in higher positions compared to those who have less is 53%. If analyze sales profits, the gap narrows to 42% and on return on invested capital that distinguishes the figure from each other rises to 66%. The study has made the American organization Catalyst on the 500 largest companies in the world.

These results can not be explained by the presence of women. Would then be sufficient to change the composition of all companies and economic results would be overwhelming. It's a matter of recovering the talent that is out when policies are excluded, their thinking, organizing, directing your model. Ie adding talent. This was explained yesterday in Madrid is responsible for Catalyst in Europe, Eleanor Tabi Haller-Jorden, who participated in a conference on quality of life and business competitiveness Alares organized by the Foundation. Tabi

added another ingredient to be added to the presence of women: a leader who is blind faith, he said, this is the right policy. "Talent is not associated with either sex and if there are problems in recruiting talent is lost in productivity," he said. "36% of people in employment is broken by the head going," he added.

"So, employers already have the economic data, therefore, must integrate women not as a matter of ethics or aesthetics, but to act intelligently" said.

Tabi said to change the exclusionary conduct of business towards women needed legislation, incentives and sanctions, but also needs a culture change. In the Nordic countries have shown that despite their joint success, stereotypes about the qualities that the men and women to run companies are wrong and have not changed. "We watch very closely what is happening in Spain with equality laws and in the Nordic countries", he said, but warned that not enough that the number of women is higher, is also required, quality of life the company. Copy delivered blind male models to work exclusively does not work, he continued. "I was in a U.S. company with many women and congratulated them for that. I did see that those who worked there had no personal life outside the office, or partner or children ... That is not the issue," added the charge in Europe of Catalyst, a nonprofit organization that works with over 350 multinational companies and plans to expand its business in southern Europe. Tabi

further explained that the threshold for the talents of women are properly conducted in three. Less than those on a board is not effective. "Entrepreneurs are pushing the so-called phenomenon the daughter, when they have a daughter who has had problems with his job thinking about what they are doing in their company. "

access more information on the website Catalyst .