Presence of Women Drives Superior Performance

Wow! This study shows once again the benefits of women in leadership roles. David Ross, assistant professor of management at Columbia Business School and Cristian Dezső, of the University of Maryland,have uncovered data showing that having a higher percentage of women in senior management positions is positively associated with better performance by a company.The study lends support to the typical female style of management. Their research acknowledges that female executives tend to manage in a more democratic way, as opposed to the more autocratic approach associated with the stereotypical male boss. That democratic style fosters creativity, teamwork and the desire to solve problems which leads to organizational success. It is interesting to note that Ross and his cohort indicate that male managers are prone to overconfidence which may contribute to financial crisis. Well, it is about time!

To read this overview go to: http://news.columbia.edu/research/1440