Economist Sylvia Ann Hewlett examines women’s impact in business with a recent article published by ForbesWoman, ‘Smart Women Equal Stronger Companies.’ Hewlett cites numerous studies conducted by Catalyst, McKinsey & Company, and the London Business School, each of which “demonstrates that companies with significant numbers of women in management have a much higher return on investment than companies that keep women on the sidelines.” Addressing gender imbalances that favor men has been shown to promote diversity by counteracting groupthink, “the tendency of homogeneous groups to staunchly defend wrong-headed ideas because everyone in the group thinks the same way.” Research further illustrates that companies with a high ratio of women in top management positions have been more resistant to the present financial crisis than those without a significant female presence.

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