Call for more
Women at the top!
Requested by a man
Anew study released by Catalyst, a research and advisory organization, demonstrates that com-
panies with a higher representation
of women in senior management
positions financially outperform
companies with proportionally
fewer women at the top. These
findings support the business case for diversity, which
asserts companies that recruit, retain, and advance
women will have a competitive advantage in the global
A global study of almost 22,000 companies across
91 countries has found that organizations with more
women in leadership roles tend to be more profitable.
It’s not an insignificant difference either. The Peterson
Institute for International Economics found that firms
that were at least 30% of “C-suite” executives that are
women add one percentage point to their net margin
compared to those with male-only executive suites.
This amounts to a 15% boost to profitability for businesses with a more equal gender mix. While adding
women to corporate boards did seem to lift results,
the real gain came at the executive suite level, the
Having been in the mortgage business myself for
20+ years I have been a part of the male-dominated
executive leadership team, and when the testosterone
gets flying, there are some pretty unfounded decisions
that get made.
My own past history has revealed when the gender mix is more equally balanced more thoughtful and
calculated decisions blossom. I believe most women
would agree that when an organization is weighted
predominantly with women that even that isn’t the
most conducive environment at times.
I have found that there are no so called “token”
women at the top. The women that have achieved the
top positions in leadership in the mortgage business
have earned the right and are to be respected. Anyone assuming the woman at the top is a token will
typically become educated very quickly.
Corporations are lagging when it comes to adding women in leadership positions, with the research
finding that women constitute just 14% of the 144,000
executives tracked by the study, and only 4.5% of the
CEO’s were women.
I believe women are more natural leaders than
men. They bring balance to the male-dominated corporate environment.
As a society, corporately, and as men, we need to
do a better job of promoting, recognizing, and acknowledging the attributes that women possess and
By Jeff Jensen