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Tools BUS 250 - Summer * 4 / 6 116% 6. Case Study (from HRM. Steen, Noe, Hollenbeck, Gerhart, & Wright) Rohini Anand, global chief

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Tools BUS 250 - Summer * 4 / 6 116% 6. Case Study (from HRM. Steen, Noe, Hollenbeck, Gerhart, & Wright) Rohini Anand, global chief diversity officer at Sodexo, a global food services and facilities management company, collected, analyzed, and shared data showing the value of gender diversity. She conducted a study of the company's 50,000 managers in 80 countries from executive to site management levels to quantify the impact of gender balance in management. Anand's findings revealed that gender balance in management significantly related to improved financial performance, employee engagement, and client retention. She found that teams with a management male-female ratio of between 40 and 60 percent delivered the consistently best results on both financial and non-financial performance indicators. Specific results of Sodexo's internal study found that gender-balanced management entities had: o better employee engagement: +4 points higher gross profits: +23 points stronger brand image: +5 points o Anand's study also determined that globally. 56 percent of Sodexo's employees currently work in a team with gender-balanced leadership. In Canada. Sodexo reports that 87 percent of its management teams are gender-balanced. One of the action items moving forward. is the creation of gender-balanced targets for leaders. For example. Sodexo's global CEO. Michel Landel, has set a goal that by 2025 at least 40 Dercent of devote 1100 slobal total of Simonian l 1. What is your reaction to Sodexo's goal that by 2025, at least 40 percent of senior global leaders will be women? What could go wrong? What must go right? 2. Why do you think Sodexo teams with gender-balanced leadership achieve higher levels of performance than teams that do not have gender-balanced leadership

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