Research shows that North Americans and Western Europeans lead in overall diversity hiring.
In Europe, regulations are helping to increase gender diversity, as the European Commission seeks to reach a target of 40% women on the boards of large listed companies, up from 23.3% in April 2016.
Central and Eastern European companies continued to lead with the highest percentage of foreigners on their boards and executive committees, and also topped the ranking for internal promotion.
Latin America saw an influx of foreign leaders, increasing to 15% from 2%. Surveys also found that companies in most sectors and regions chose external recruitment over promotion in 2017.
Tenure was longest in North American companies, shortest in their Asian counterparts, where internal promotion also slid in 2017 on the year.
In terms of company size and profitability, the largest companies (more than 25,000 employees) continued to lead in overall diversity.
There is still a lot to do to create a more diverse leadership, but we see companies waking up to the benefits. More research is coming out that demonstrates that the greater diversity in a company, the more growth and profitability. The challenge, of course, is to keep at it so that companies can fully benefit from diversity and globalization at a time when it is increasingly needed as the proliferation of technology threatens to disrupt all industries.

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