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Increasing gender equality in leadership; increasing productivity
Gender balance in corporate leadership is not only important for equality; at RMIT Training it's also crucial to how we do business.
At a time when many large Australian companies have all-male leadership teams, RMIT Training's CEO Rachel Holthouse is proud of the balanced team she heads. "Half of our directors are women," she said. "It's important that we foster both female and male leadership skills, not to fill arbitrary quotas or appear politically correct, but to build a strong company where everybody's valued and we can work together for the best possible results."
The 2009 McKinsey report Women Matter found that companies with three or more women in top management positions consistently out-perform companies with no female executives on every organisational and financial indicator. Despite this, the EOWA 2010 Australian Census of Women in Leadership, conducted by Macquarie University, found that 54% of the top 200 Australian companies had no female directors, and only six had female CEOs.
RMIT Training recognises that it's important to empower women and provide opportunities for them to explore their potential. Encouraging female employees to attend leadership and career development workshops, for example, helps us to make the most of their skills, keep a gender balance in the leadership team and continue to improve and strengthen the company.