Essay Example on Investigating the Relation between Gender Diversity and Performance

To illustrate research conducted in 2007 by Hillman Cannella and Shropshire discovered that firm which laboriously depends on women employees or ones with connections to another firms that have female as board of director members are possible to put female managers on their boards to reflect the surroundings in that they function Diverse workers are hopeful to develop external networks and communication which cause to find new path to resources like larger customer more information multiple credit resources and diversified data sources Furthermore gender diversity in workers base allows organizations to draw and hold ability from a broad pool of human capital Gallego Alvarez et al 2009 Jimeno Redondo 2008 Thus this view says that establishing gender diversity workforce can rise the company's performance as well as strategic advantage Also according to resource based theory done by Barney 1991 companies administer their internal resources which also cover human capital to gain the sustainable competitive advantage Barney 1991 says if one company's resources show valuable inimitable rare non substitutable attributes the company can gain sustainable competitive advantage Availability of human resources to administration is able to be origin of sustainable competitive advantages Beneficial