Women-led companies foster less diversity in the workplace.

In 2018, Forbes reported that companies that foster more diversity in the workplace produce 19% more revenue due to innovation, have greater productivity, higher employee retention and satisfaction, and improved decision-making. Not coincidentally, women-led businesses are known to be more promotive of a diverse work environment that includes leadership roles, mid-management, and entry-level positions. Source: Akorbi, 2020. Photo by Markus Winkler on Unsplash.