Women and security
I've worked in the security industry for nearly four years and one welcome change I've noticed at trade shows and other industry events, even during that short time, is more women. The industry is starting to look more like America. That's always a good thing. (OK maybe just starting--I've been to several meetings where the only females in the room are me and Shandon Harbour , still that's better than just me!) Here's some fodder from yesterday's Globe about the benefits of having women in management. It's long and there are lots of caveats, but here are a few highlights:
For decades, women's advancement has been seen as an issue of fairness and equality. Now some researchers are saying it should also be seen in another way: as a smart way to make money. "The business case is so strong," says Alison Maitland, senior visiting fellow at Cass Business School in London, and coauthor of the 2008 book "Why Women Mean Business." "We need more women in senior management."A few numbers:
Several studies have linked greater gender diversity in senior posts with financial success. European firms with the highest proportion of women in power saw their stock value climb by 64 percent over two years, compared with an average of 47 percent, according to a 2007 study by the consulting firm McKinsey and Company. Measured as a percent of revenues, profits at Fortune 500 firms that most aggressively promoted women were 34 percent higher than industry medians, a 2001 Pepperdine University study showed. And, just recently, a French business professor found that the share prices of companies with more female managers declined less than average on the French stock market in 2008.