Many high-level executives surround themselves with people who have a similar background, education, and outlook on business. When it comes to making decisions, this group of people think in the same way, leading to unchallenged decisions. Known as ‘groupthink’, this phenomena has been proven to lead to poor decisions.
In the latest in our series of essential reads ahead of the Women in Leadership Forum and the Pharma Insight Briefing on Diversity & Innovation, which will take place this October 5th and 6th during the CPhI Congress in Barcelona, Janice Reals Ellig argues that adding women and people from ethnic backgrounds to these groups can lead to better decision making. And there is sound evidence to show that putting more women at the top has a positive impact on the bottom line.
Does the presence of women in decision making bodies in your organisation lead to better business? Borderless Consultants Rosalie Harrison, June Nilsson and Niels-Peter van Doorn will present at the Women in Leadership Forum and Pharma Insight Briefing, and would love to hear your thoughts via Twitter @borderlessexec #WomeninLeadership or LinkedIn http://bit.ly/2aAevd8
It can be a real challenge to try to fabricate fun, especially in a group workplace setting. I’m not going to claim to have the perfect answer to that, because I do think fun is much like romance: if you try to force it too much, it’s not going to happen. What you can do, though, is set the stage for it.
The specific attributes that leaders of color bring can be the key to unlocking great leadership — for everyone. To better understand the relationship between leadership and identity, the authors talked to 25 leaders of color across the social sector and drew on their client work. Their research identified several noteworthy assets that leaders of color bring to their organizations.
The mission of a CEO used to be fairly straightforward. Set the vision and strategy of your company and make sure the right people are in the right roles. Above all else, grow as fast and as big as you can. But as the world has changed, so have the demands of the CEO job— and the skills needed to succeed in it.
