Do Women Make Better Ceos?

838 WordsJul 26, 20164 Pages
Do women make better CEOs? As quoted by the Iron lady Margaret Thatcher, “If you want something said, ask a man; if you want something done, ask a woman.” Women possess the inherent quality in them that equip them well to act and to lead, be it a crisis in the family or work place, they invariably manage every day without giving an impression of a crisis. Women executives continue to be a growing force in today’s corporate corridors. In the 2015 list of Inc.5000, more than 650 companies have women leaders! Now, close to 46% of the private companies in the US are women-owned. For quite some time now, it has been thrust upon us that women-led companies perform better than the men-led ones. This view was further strengthened in the study conducted by Quantopian, a trading platform in Boston in 2014. The study was for a commendable period of 12 years, from 2002 to 2014. The comparison was between the performances of Fortune 1000 companies having women CEOs and the S&P 500 companies during the said period. The finding was that women-led companies performed 3 times better! Mind you, this is a cumulative statistical record. If you analyse individually, you are sure to find non-performing or poorly performing women CEOs, though one cannot refute the fact that women have in them the ability to manage and lead in a crisis. In general, it was found that women-led companies stand out by the following characteristics in comparison with men-led companies: - 1. Remarkably noteworthy
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