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April 19, 2023 | Tom Ballard

Hire women if you want to build, create or strengthen an organization

This advice comes from Donald Thompson, a veteran entrepreneur and investor, in one of his weekly columns for WRAL TechWire.

In a recent column for WRAL TechWire, veteran entrepreneur and investor Donald Thompson expounds on one of his leadership tenets. Simply stated, he says, “If you want to build, create or strengthen an organization, you need to hire women leaders ASAP.”

He continues with these observations:

  • “When a company has strong women leaders at every level, it wins – from better customer experiences to more robust innovation and creativity. What business executive doesn’t want advanced knowledge-building capacity, better business outcomes or a stronger bottom line? By bringing women leaders to the table, you can have all three simultaneously.”
  • “The evidence for the benefits of having women leaders throughout the company, from the managerial ranks to the board of directors, is so overwhelming that the choice to not elevate women at every opportunity is also deliberate. This single bad decision is costing organizations money every single second of every single day.”

The full column can be found here.

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