The answer is yes. According to Mintigo's analysis of millions of US companies, women at the helm of large organizations yield better results than men. Unfortunately, the analysis shows that only 17% of companies have female CEOs.

Take a look at Mintigo's infographic: you'll see a number of key insights relative to the size, industry, and geographic region of the country.

Company Size Matters
Male CEOs achieve higher revenue per employee in companies with up to 1,000 people. In larger companies female CEOs achieve up to 18% higher revenue per employee than male CEOs. While this study did not delve into why this is the case, one could argue that this may have something to do with emotional intelligence. Female CEOs tend to have stronger communication and collaboration skills, while male CEOs tend to be more action-driven, which helps in the earlier stages of the life of a smaller company (see related article, "The 7 Stages of the Entrepreneur's Life Cycle").

Industries & Focus Areas Also Differ
Companies with female CEOs are more likely to be in the B2C space, while companies with male CEOs are more likely to be in B2B. On top of that, companies with female CEOs have a stronger marketing team with more PR, event planning, and online presence. You are more likely to find a female CEO in healthcare and non-profit, and more likely to find men in manufacturing and construction.

Geographic Location Reflects Gender Differences
More female CEOs can be found on the East Coast. DC, West Virginia, New Mexico, and Virginia have the highest proportion of female CEOs, while Utah, Iowa, and Wisconsin have the lowest. If you are a woman looking for your next CEO gig, it might be worth moving to a region of the country that has a proportional interest in your leadership skills, although trail blazing in other areas of the US could lead to a wider-spread acceptance of female management.

Bottom Line: Different Genders Maximize Different Stages of Growth
CEOs lead the vision, strategy, culture, organization, and therefore the resources and bottom line profits. The key point here is that each gender can learn from one another--especially when it comes to the industry and life cycle differences. Of course, someone's gender does not make them a better CEO, but there are clear differences in approach between men and women. It's important to learn from one another in order to accelerate growth at every stage of a company's life cycle.

Published on: Jul 14, 2015