What does it take for an organisation to truly harness the power of its employees to improve productivity and business performance? Increasingly, business leaders are realising that the answer lies in creating a positive work environment in which employees feel they can achieve their individual, and collective, full potential.
It’s a powerful force: One Gallup analysis of 50,000 companies showed that high-engagement organisations have more than 20% higher profitability and productivity levels than their low-engagement counterparts.
Bain Partner Melanie Sanders and CEW members Kathryn Fagg and Meredith Hellicar sought to understand specifically what CEOs and other leaders can do to create positive and engaging environments for both genders.
Based on survey responses from nearly 1,500 senior executives, the report found that there are critical leadership behaviours that can make major differences in employee perceptions of the organisation in general and as a place for women to progress. Importantly, these leadership behaviours affect engagement levels for both women and men, spurring higher performance (and productivity) across the board.
This is the fourth in a series of gender parity surveys by global management consulting firm Bain & Company and Chief Executive Women.