By Shirley Duma, Executive Human Resources, Barloworld Logistics
In recent years, several major studies have demonstrated that having more female leaders, board members, managers and supervisors leads to better business outcomes including higher levels of productivity, safety and improved financial returns. More specifically, research referenced in the 2009 Women in Supply Chain report demonstrated that improving the proportion of women leads to higher financial returns for logistics companies. This insight was supported by the PWC Transportation & Logistics 2030 report, which stated that companies with the most women board directors outperformed those with the least by 16% in return on sales, and by 26% in return on invested capital. These studies make a compelling business case for gender diversity and inclusion, which in previous decades has been largely ignored and under appreciated among the higher echelons of business leadership.