A new study by ‘Quality of Life’ service provider Sodexo has found that teams managed by a balanced mix of men and women are more successful across a range of measurements. The five-year, one-of-a-kind study of 70 entities across different functions represents 50,000 managers worldwide.
The study found operating margins, client satisfaction and employee retention, among other key performance indicators, were all higher among gender-balanced teams, meaning a ratio between 40 and 60 percent women to men.
Sue Black, Sodexo Global HR director, Energy and Resources, said: “These results add a new, compelling dimension to a growing body of research that demonstrates the business benefits of gender equity.
“The distinctive nature of the study, with its examination of both financial and non-financial performance indicators across so many levels of management…