Strategic Advantages of Women in Leadership
Chess is a game of strategy, patience, and forethought. It teaches you to think ahead, plan your moves, and anticipate your opponent’s next moves. At this year’s ElevateHER Challenge Luncheon, the Women’s Leadership Institute will explore how elevating women in the workplace is much like the game of chess.
Elevating women is proven to give businesses a strategic advantage and increase return on investment:
- Executive teams that are gender diverse are 25% more likely to have above-average profitability. (McKinsey & Company)
- Companies with more women in executive positions are more profitable, more socially responsible, and provide safer, higher-quality customer experiences. (Harvard Business Review)
- Gender-diverse organizations are more successful at recruiting and retaining talent. (Catalyst)
- Diverse management teams generated 19% more revenue from innovation compared to non-diverse teams. (Boston Consulting Group)
In the game of chess, just as in business, the queen is the piece with the greatest ability to move across the board and influence the game — if given the space and opportunity. Let’s create those opportunities for the women in your organization.
Benefits Women Bring to Leadership (and Queens in Chess)
Versatility and Adaptability: The Queen in chess is the most powerful piece, capable of moving in any direction. She’s adaptable and adaptability in business is crucial. Leaders who can swiftly pivot and adapt to changing market conditions and trends, like the Queen’s movements, often achieve success.
Influence and Impact: The Queen’s ability to cover vast distances allows it to exert influence across the board. Similarly, influential figures in business can drive impactful change and make decisions that resonate throughout the organization.
Problem Solving: The Queen’s diverse range of movements can be compared to the multifaceted approach required for effective problem-solving in business. Like the Queen’s ability to navigate obstacles, business leaders must analyze challenges from various angles and devise comprehensive solutions.
Strategic Partnerships: In chess, the Queen’s ability to support other pieces is crucial for success. In business, forming strategic partnerships and collaborations can lead to mutual growth, just as the Queen enhances the potential of adjacent pieces.
Empowerment: The Queen’s prominence on the board can symbolize the importance of empowering women in business. Just as the Queen piece holds a central role, empowering women to take on leadership positions can lead to greater diversity and success.
Strategic Moves: The Queen’s influence can be leveraged to make game-changing moves. Similarly, in business, strategic decisions can create a ripple effect that shapes the organization’s future trajectory.
Again, let’s create the SPACE and OPPORTUNITY for women in your organization.
Continue the Conversation
Join us on October 19, 2023, at the ElevateHER Challenge Luncheon.
Attend the Luncheon
Thursday, October 19, 2023
11:30 am to 1:30 pm
Salt Lake Marriott Downtown City Creek
75 South West Temple
Salt Lake City, Utah 84101