This interview with Sodexo CEO, Michel Landel, focuses on an in-depth study on the effects of gender balance in the work place. As the 19th biggest employer in the world, Sodexo's 425,000-strong work force provided an extensive data pool.
The study concluded that a gender-balanced work force, and specifically a gender-balanced management team was a great advantage to a business. Sodexo found that achieving a "sweet spot" of 40-60% women leads not only to higher profits but also higher levels of customer satisfaction and employee engagement which all make for a more sustainable business model.
What seems crucial here is not just having women in leadership positions, but having a good balance of men and women working to guide and lead a company.
a 2015 company study showed that those business units having an equal number of men and women were consistently more profitable than those dominated by men, leading Landel to comment, “More women in charge means bigger profits.”