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| Dame Inga Beale is the first openly bisexual chief executive of Lloyd’s of London. She’s a champion of diversity in the boardroom because it can help companies connect to a wider market and bring greater financial returns
Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Industry leaders like Inga Beale have acknowledged the need for more diversity in the business world and embrace change from within. As the first female and openly bisexual Chief Executive of Lloyd’s, Beale has paved the way for more diverse voices to be heard in boardrooms. A recent report by Harvard Business Review found that in organisations demonstrating diversity in their leadership 45% were likelier to report market-share growth whilst 70% were likelier to report new market capture. Companies in the top quartile for racial and ethic diversity are 35% more likely to have financial returns above their respective national industry medians. In Britain, the economic cost of underutilising women’s skills is estimated to be £15bn, or 1-2% of GDP. Daily Watch: mind-stretching short films throughout the working week. For more from Economist Films visit: http://films.economist.com/ |
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