Gender Diversity Good for Businesses and Economies: ILO

  • On 22nd May,2019, International Labour Organisation (ILO) released a report regardingbusiness management.
  • According to it, companies that improve gender diversity especially at top perform better and rake in higher profits.
  • The report titled as “Women in Business and Management: The business case for change” is based on a global survey conducted by ILO of about 13,000 companies across 70 countries. It also analysed data from 186 countries from a period between 1991 and 2017.

Key Findings of the Report

  • Companies that improve gender diversity (i.e. equitable representation of people of different genders) especially in their management perform better and reported higher profits ....
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