found that companies with more women in their board rooms and on their executive teams were more profitable. When diversity increases, so does company performance.
Michelle Ryan, along with her University of Exeter colleague Alex Haslam, decided to investigate the claim. Their research,, found that it wasn't that women were bad leaders, but that they were appointed leaders when companies were flailing. The "glass cliff" was coined. Ryan is currently investigating why women and people of color are appointed to leadership positions in times of crisis. It could be coming from a number of places, Ryan noted. It could be out of good intentions . It could be because former leaders view non-white male executives as more expendable in an organization, or that they think a non-white executive would attract a more sympathetic responses from the public.
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