Question

3.Until Sheryl Sandberg was promoted to chief operating officer of Facebook in 2012, its board was composed of only men. Yet a majority of Facebook’s 845 million users are women. Given this demographic, explain how Facebook might benefit from increasing the presence of women on its corporate board.

Answer 1

Diversity in organisation is basic to continuing execution. Widening the creation of the board builds the size of the competitor pool and, all the more critically, extends points of view at the top.

• Studies show that the nearness of at any rate three ladies is important to change meeting room elements.

Advantages of Diversity at workplaces

1. A more extensive ability pool

2. Distinctive perspectives

3. Upgraded joint effort

4. Improved staff maintenance

5. A superior impression of your clients

6. Improved participation

7. More prominent productivity

• More Women On Corporate Boards Leads To More Productivity And Better Problem-Solving
• Organizations With More Women Board Members Experience Greater Financial Performance

Referred by Catalyst document adding woman to board raises the performance of organisation

• Better yield on Equity: by and large, organizations with the most elevated rates of ladies board executives beat those with the least by 53 percent.

• Prevalent Sales: by and large, organizations with the most elevated rates of ladies board executives beat those with the least by 42 percent.
• Higher Return on Investment : all things considered, organizations with the most noteworthy rates of ladies board chiefs beat those with the least by 66 percent.

Woman on board also shows increase in efficiency in sustainable business

• Invest in renewable power generation and to proactively take steps to improve operational energy efficiency
• Have integrated climate change into their actuarial models and developed products that help customers manage climate change risk
• Measure and reduce carbon emissions of their products
• Have supplier programs to reduce their supply chain carbon footprint
• Reduced the environmental impacts of their packaging