Diversity Economics Research – “The profit impact of organisational gender Diversity programs”

I am doing research on “The profit impact of organisational gender Diversity program’s” and currently have completed a research proposal and am looking to work with a number of organisations to participate in the study that would be interested in working with me on completing this work. My research has indicated that there are no proven causal links between Gender Diversity Programs and organisational profitability. As part of the study I will be developing a measurement framework that can then be used to measure both the effectiveness of these programs and any causal link to profitability – I refer to this as Diversity Economics.

Executive Summary:

This study will compare Gender Diversity Program frameworks for effectiveness, and identify and evaluate linkages to organizational profitability. It will focus on the effectiveness (or otherwise) of Gender Diversity Programs (GDPs) within organisations in an effort to explore their relationship with the recruitment and retention of women in senior leadership roles. The aims and objectives of this research are;

1. To establish a link between Gender Diversity Programs and profit;

2. To develop a repeatable framework for the measurement of this effectiveness;

3. To develop benchmarks that support the framework;

4. To prove a link to organisational profitability as a starting point to further study into the impact of gender on economies, i.e.: Gender Economics1.

This research proposal is the first part of a wider study to test the theory and viability of further research into Gender Economics and Diversity Economics by first establishing a link between Gender Diversity programs and organisational profitability. Gender Economics is an emerging field of study that builds on the theories of diversity and promotes the value of gender balance, particularly in the area of innovation and creativity. It recognises the ‘direct input’ of women to the economy and extends the theory that the discipline of economics ”could be improved by freeing itself from masculine biases” (Ferber, Nelson 1993: 24). Diversity Economics focuses on the organisational economics of diversity programs and follows the concepts of Economic Diversity, ”as a way to achieve economic stability” (Wagner 1993).

The second part of the study, will take the established link between Diversity Economics and profitability further to develop quantified economic models proving the case for Gender Economics using a cost benefit analysis. This proposal only deals with the first part of the study.

[1] Gender Economics is an emerging field of study, see www.gendereconomics.com with the first annual conference being held in Madrid Spain in 2008
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10 thoughts on “Diversity Economics Research – “The profit impact of organisational gender Diversity programs”

  1. The only evicence of a link between ‘improved’ gender diversity and corporate performance shows that corporate performance DECLINES. Contact me if you want details, but it’s all on our website.

    A small taster:

    http://c4mb.wordpress.com/2012/07/20/a-remarkable-statement-by-a-leading-proponent-of-improved-gender-diversity-in-the-boardroom/

    Prof Vinnicombe has been a proponent of ‘improved’ gender diversity for 30+ years…

    Mike Buchanan
    CAMPAIGN FOR MERIT IN BUSINESS
    http://c4mb.wordpress.com

    1. Sorry Kate, no you aren’t the only one, but are the second person. I thought I had fixed this, so thanks for pointing it out.

      I just went in to fix it and the very kind spell checker was determined to put it back! I hope you will actually read the post now that it has been sorted, I would be very pleased to hear your comments.

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