Diverse Leadership Teams Perform Better
by Nanette Nelson, Envision board member
September 1, 2021
General Motors Co. is currently headed by a woman CEO and, as of March 2021, a majority of its board of directors is female. This year GM said it aims to convert nearly its entire vehicle lineup to electric by 2035.
Inclusive corporate cultures have a competitive edge, according to recent studies (see links below)—better products, sales growth and share performance. Innovation, enabling success in today’s fast-changing, disruption-filled competitive world, is the key characteristic of these inclusive companies. Companies with above-average gender diversity on their boards and top management are more likely to have these inclusive cultures. Women bring work styles that include enhanced communication skills, more empathy, less ego and more measured risk-taking.
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