Slow progress in adding more women to boards has dominated the conversation. But tips from standout companies are more likely to inspire others to take firmer action.McKinsey and Company Logo

The tone of much public discourse on the issue of women’s representation on boards has been pessimistic of late, and understandably so, given

 

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When managers and scholars talk about diversity’s impact on organizations and teams, they’re usually referring to the effects on collective accuracy and objectivity, analytical thinking, and innovativeness. On “harder” measures of financial performance,