Despite the measurable strides gender-based DEI initiatives have helped to bring about in corporate America, the inclusion of women in leadership ranks has slowed. According to IBM’s Women Leadership report, fewer women were in leadership pipelines in 2021 than in 2019. This lack is even more evident among women of color. Yet, few can argue that women leaders do create demonstrable business impact. The data speaks for itself. An estimated 87 percent of Fortune 500 companies with women CEOs reported above-average profits in 2021, according to a study by Frank Recruitment Group. This number dropped to 78 percent for companies without a woman CEO. Within profitable companies, the study also found that increasing women leadership by 30 percent resulted in a 15 percent increase in the net revenue margin. Now consider the 2022 Women in the Workplace report from McKinsey, in partnership with LeanIn.Org, shows that only 25 percent of C-suite executives are women, and only 5 percent of these
Download logoThe senior women's handball team won, this Saturday, the 25th African Championship with a victory over Cameroon, by 29-19, in a competition