While the diversity drive is making a meaningful impact on the number of women in the property and construction industry, it’s time to broaden our focus.

A raft of research has found that diverse organisations are more profitable. For instance, a study from the La Trobe Business School, released last year, found a correlation between board diversity and superior performance. The largest study of its kind in Australia examined the nation’s top 500 listed companies between 2005 and 2011, uncovering a positive and significant association between female non-executives on boards and financial performance.

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Stephen Cummins