Drawing on research in behavioral psychology and what McKinsey calls the “organizational health” of a company, we showed that women tend to encourage a more participatory decision-making process, such as improving the “working environment” component of organizational health. Men, meanwhile, tend to take corrective action more frequently when objectives are not achieved to bolster the “coordination and control” component of organizational health. Not all women and men can fall into these categories, of course. Nevertheless, McKinsey has shown a strong correlation between the organizational health of a company and financial performance.
Authors: Lareina Yee, Sandrine Devillard, Vivian Hunt
Source: McKinsey Quarterly
Subject: Women in Business