Putting more women on your board won’t automatically make your company perform better

Diverse companies are more successful – and there’s plenty of evidence to support what is becoming an increasingly accepted fact in business.

Companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above the national industry average, according to a McKinsey report released earlier this year. Companies in the top quartile for gender diversity are 15% more likely to outperform their industry peers.

 

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The role of the CFO is changing…

A chief financial officer is far more than a bean-counter, or a sparring partner for the CEO.  David Chancellor of Tyzack Partners paints a portrait of the modern CFO.

Volatility and uncertainty in the current global marketplace have added to the changing role of CFOs. Their roles now extend well beyond the boundaries of traditional financial management. For a company to have a balanced management team, the CEO needs a CFO who has the expertise to support them in making high-impact decisions aimed at improving corporate value.

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Pimp your digital natives

management today logo‘Digital natives’ are Facebookers, tweeters, BBM addicts and blog-junkies with a minimum of 10 tabs open on their web browsers at all times. David Dumeresque has these top tips on making the most of this tech-savvy tribe.

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