Driving Transformation: How Age, Gender, and Profitability Are Shaping U.S. Democracy and Corporate Leadership

Driving Transformation: How Age, Gender, and Profitability Are Shaping U.S. Democracy and Corporate Leadership

🔔The Cultural Impact of Gender Shifts and Generational Change on U.S. Politics and Corporate Strategy

The 2024 U.S. election marks a pivotal moment not just for democracy, but for the cultural shifts that are reshaping both politics and corporate strategy. Beyond the immediate political battle between a potential second Trump presidency and a Harris presidency, there are two profound forces driving change in how we lead and govern: generational shifts and, even more importantly, a gender revolution in leadership.

While much has been said about the generational changes bringing younger voices into both Congress and the boardroom, it is the gender shift—the increasing representation of women in leadership roles—that could prove to be the most transformative force. This shift is not only reshaping policy priorities in Washington but also driving a more inclusive, sustainable, and collaborative leadership style in businesses across the country.

As the gender gap narrows in both Congress and corporate boardrooms, these women leaders are setting a new standard for long-term strategic planning, risk management, and collaborative governance, paving the way for the next era of business success and social progress.

Historical Overview of Age in Congress: From the Founding to Today

In the early days of the U.S. Congress, the average age was significantly younger than it is today. During the First Congress in 1789, the average age in the House was about 44 years, while in the Senate, it was 48 years. Many of the founding fathers were quite young when they took office. For instance:

  • James Madison, often called the "Father of the Constitution," was just 36 years old when the First Congress convened.
  • Thomas Jefferson was 46 years old when he became Secretary of State and later vice president.
  • Alexander Hamilton, the first Secretary of the Treasury, was 32 at the time of his appointment, showcasing how youth played a significant role in shaping the early government.

During the 19th and early 20th centuries, Congress saw a gradual rise in age as the country’s political culture matured. By 1900, the average age in the House had risen to around 49 years, and in the Senate, it had climbed to 55 years. The concept of career politicians became more common during this time, with members serving longer terms, contributing to the increase in average age.

Mid-20th Century and Beyond

By the 1950s, the average age in both chambers had climbed further, as incumbency and the seniority system began to take root. In 1950, the House’s average age was around 51, and the Senate’s average was 58. Over time, improvements in healthcare and increased life expectancy allowed members to serve well into their 60s, 70s, and beyond.

The age of people serving in US Congress US history.

The graph above highlights how the average age of Congress has steadily increased over time, with a sharp rise in the mid-20th century and continuing into the present.

Current Trends (118th Congress)

Today, the 118th Congress (2023-2024) is the oldest in history:

  • The House’s average age is 57.9 years, slightly lower than the previous Congress, with new, younger members entering the chamber.
  • The Senate remains significantly older, with an average age of 64.0 years.

By Party:

  • The House Democrats have an average age of 58.1, while House Republicans are slightly younger, with an average of 57.4.
  • In the Senate, both parties are virtually identical in age, with Senate Democrats averaging 65.4 and Senate Republicans 65.3.


The Senate is locked in Amber

The second graph compares the current age differences by party, showing that both Democrats and Republicans have a very similar age profile in the Senate, while younger members are slowly entering the House, particularly among new Democrats.


These trends reflect the growing longevity of political careers, the power of incumbency, and the seniority-based leadership structure in both chambers, which encourages longer terms of service. This mirrors corporate American boards. However, recent elections show a slight generational shift, with more Millennials and Gen X members entering the House, a sign that younger generations may soon take on larger roles in both governance and leadership.


Impact of Generational Shifts on U.S. Democratic Culture

As younger generations rise to leadership in Congress, the White House, and key corporate positions, we are witnessing a transformation in how democracy and business are practiced. This generational shift, shaped by deep political polarization, changing values, and differing visions for America’s role at home and abroad, will influence not only policy but also corporate governance and the expectations placed on business leaders. As both parties seek to curate their future influence, they will need to be mindful to specifically identify new young leaders and help them gain the experience and wisdom needed to govern the country.

Business Leaders serving in Congress

In the 2024 election, the relationship between business leaders and politics takes two key forms: direct political participation and political support through endorsements and contributions. Some high-profile business leaders, such as Donald Trump and Michael Bloomberg, have transitioned directly from the corporate world into politics, leveraging their business experience to influence governance. Trump, a former real estate mogul, became the 45th U.S. President, while Bloomberg, founder of Bloomberg L.P., served as Mayor of New York City and ran for president in 2020. Similarly, Mitt Romney, former CEO of Bain & Company, became a U.S. Senator, and Rick Scott, former CEO of a healthcare company, transitioned to the Senate after serving as Florida's governor. These individuals exemplify the direct path from business to political leadership, often running on platforms of economic expertise, problem-solving skills, and outsider appeal to gain voter trust.

However, the majority of business leaders in 2024 are opting for a different approach: supporting candidates through campaign donations, lobbying efforts, and endorsements. Rather than running for office, they influence the election by backing candidates whose policies align with their interests. Some business leaders support Donald Trump, believing his pro-business stance on deregulation and tax policies will benefit their companies, while others back Kamala Harris or Democratic candidates for their positions on climate action, social equity, and ESG standards. This dynamic of corporate advocacy aims to shape key legislation on taxes, trade, and regulation through political contributions, especially targeting Congressional races where specific industries can influence policy outcomes.

While figures like Trump and Bloomberg represent the direct crossover from business to politics, the broader trend in 2024 shows most business leaders working from the sidelines, using their resources and influence to steer policy decisions rather than seeking office themselves. Both forms of involvement highlight the growing role of business in shaping U.S. politics, whether through direct leadership or by supporting the candidates and causes that align with corporate goals.The 2024 election will be a major inflection point in this shift.


Background of those serving in Congress

In the 118th Congress (2023-2024), a significant portion of members come from legal and business backgrounds, reflecting the dominant professional paths into politics. About 40% of Congress has a background in law, which remains the most common profession. This includes members who either practiced as attorneys or held legal positions before entering politics. The prevalence of lawyers is largely due to the fact that legal expertise is often seen as valuable in crafting and interpreting legislation.

In contrast, around 20% of Congress comes from business backgrounds, including entrepreneurs, corporate executives, and business owners. These members leverage their experience in managing companies and understanding economic and regulatory issues when shaping policy. Many business leaders see their professional background as a way to bring problem-solving skills and management expertise to government.

While lawyers make up a larger proportion, the presence of business leaders in Congress has grown as more members emphasize economic growth, job creation, and fiscal policy in their campaigns and legislative priorities. This dynamic is also evident in the increasing influence of business interests in politics, with many business leaders opting to support political candidates through donations and endorsements rather than running for office themselvesDepending on whether Donald Trump or Kamala Harris takes the White House, the impact on both Congress and corporate leadership could be profound.


Generational Change and Professional Backgrounds under a Trump Presidency

A Trump presidency would continue to push a populist, nationalist vision with a focus on deregulation and short-term economic growth. Many of Trump’s supporters, particularly in the Republican Party, come from business backgrounds, and a significant portion of younger Republicans, like JD Vance, advocate for pro-business, anti-elitistpolicies. These members emphasize reducing government oversight in sectors like energy, finance, and technology, mirroring Trump’s preference for a business-friendly environment with lower taxes and fewer regulations.

Reflections on Age and Background for Trump’s Supporters:

  • Business Backgrounds: Many business leaders in Congress, particularly those from Republican ranks, are more inclined to support Trump’s vision of limited government and free-market policies. Their experiences managing corporations and working in competitive industries resonate with Trump’s focus on maximizing profits and reducing regulatory burdens. This aligns with his goal to roll back environmental regulations and streamline processes that benefit industries like energy and manufacturing.
  • Age Factor: Trump’s appeal, particularly among older members of Congress, reflects a desire to return to traditional economic practices, with skepticism toward globalization and progressive social policies. The older demographic in Congress, especially in the Senate, values stability and long-standing economic structures, which could influence their support for Trump’s continued efforts to reshape trade and global alliances in favor of domestic industries.

Generational Change and Professional Backgrounds under a Harris Presidency

A Harris presidency, on the other hand, would emphasize inclusive governance and focus on multilateralism, social justice, and environmental sustainability. Harris represents a younger, more diverse Democratic coalition, many of whom have backgrounds in public service or social advocacy. The focus under her leadership would likely be on expanding democracy to marginalized communities, addressing gender and racial equity, and implementing sustainable business practices that align with ESG (Environmental, Social, Governance) criteria.

Reflections on Age and Background for Harris’s Supporters:

  • Legal Backgrounds: A significant portion of Harris’s Democratic supporters in Congress come from legal backgrounds. Lawyers in Congress, representing about 40% of the membership, are more likely to support policies that strengthen regulatory frameworks, particularly those concerning environmental protections, labor rights, and corporate accountability. Harris’s background as a former prosecutor and attorney general aligns with this professional experience, which places importance on justice and accountability in both the public and private sectors.
  • Age and Diversity: Many of Harris’s supporters are from a younger, more diverse generation in Congress. This generational shift reflects growing support for policies that address climate change, social equity, and progressive economic reforms. Younger Democrats, particularly Millennials and Gen X members, prioritize long-term sustainable growth over the short-term economic gains often favored by their older counterparts. This generational difference could push corporate leaders to focus on ESG policies, as younger legislators demand more corporate social responsibility.


Key Differences in Policy Implications Based on Age and Professional Backgrounds:

  • Business Leaders and Trump: Members of Congress with business backgrounds are more likely to support Trump’s push for deregulation and economic nationalism, which favors short-term growth through lower taxesand fewer regulations. This group generally prioritizes economic freedom over social responsibility, viewing government as an impediment to business success.
  • Lawyers and Harris: In contrast, members of Congress with legal backgrounds who support Harris are more focused on building regulatory structures that ensure equity, fairness, and long-term sustainability. This reflects the broader Democratic agenda of expanding governance to protect vulnerable populations and the environment, even if it means increased compliance costs for businesses.

The age makeup of Congress plays a crucial role in shaping these policy preferences, with older members tending to favor stability and traditional economic approaches, while younger members push for more inclusive policies and progressive changes that address modern challenges like climate change and social equity.

This generational and professional background divide will be pivotal in determining how future policies are shaped under either a Trump or Harris presidency, particularly as Congress continues to reflect both older, business-focused incumbents and younger, more diverse voices.


💡Gender Shift: A More Profound Cultural Transformation

While the generational shift is reshaping the political and business landscape, it is the gender shift that could bring the most immediate and transformative change. Women’s growing representation in both Congress and corporate boardrooms is creating inclusive leadership, impacting policy decisions and corporate strategies in significant ways.

Gender Shift in Congress: Toward Inclusive and Collaborative Governance

As more women enter Congress, particularly within the Democratic Party, they are reshaping legislative priorities. Female legislators often prioritize healthcare, education, and economic equity, fostering a more collaborative atmosphere that promotes bipartisan solutions.

  • Fact: As of 2024, 28% of Congress is made up of women, compared to just 16% in 2000. While this is progress, it still lags behind the national population, where women make up 50.5%. However, the influence of women in Congress is increasingly seen in key committees and leadership roles.


The Growing Influence of Women in Congress

Here is the graph showing the female representation in Congress by party over time. It highlights the difference between Democrats and Republicans in terms of gender diversity, with Democrats consistently having a higher percentage of women in Congress compared to Republicans. This visual helps to emphasize the gender disparity between the two parties, reinforcing the narrative about the gender shift in U.S. politics.

Gender Shift in Corporate Boards: Driving Long-Term Success

Similarly, in the corporate world, gender diversity on boards has proven to be a key driver of profitability and better decision-making. Companies with more women in leadership outperform those with less diverse leadership, especially in long-term strategic planning and risk management.

  • Fact: Companies with 30% or more women on their boards are 25% more likely to achieve above-average profitability. This data shows how gender diversity is not just a social imperative but also a financial advantage.

Show me the Money

Gender-Diverse Corporate Boards vs Financial Performance: This bar chart demonstrates the correlation between gender diversity on corporate boards and increased profitability, showing that companies with more women in leadership (30% or more) tend to perform better financially.

  1. Gender Parity in Leadership:The 30% Club, a global initiative to increase gender diversity, found that companies with greater gender diversity at leadership levels showed better performance on measures of innovation, retention, and risk management.
  2. Political Influence:A 2023 study by the Pew Research Center found that women in Congress are more likely to work across party lines, particularly on social issues like education and healthcare.

Republican Gender Representation Lagging

While Democrats have made significant progress in promoting female representation, Republicans have struggled to keep pace. Women account for significantly less representation within the GOP. In 2024, the percentage of women in Congress from the Republican Party remains less than half that of the Democrats. This disparity stems from cultural, structural, and electoral challenges, including a Republican base that historically does not prioritize gender diversity as much as their Democratic counterparts.

Fact: In the 118th Congress (2023-2024), only 19% of Republicans in the House are women, compared to 40% of Democrats.

How Gender Diversity in Leadership Translates to Both Congress and Corporate Boards

There is a direct connection between gender diversity in Congress and corporate leadership. In both realms, gender diversity fosters more inclusive policies, better long-term planning, and greater adaptability in the face of complex challenges.

Men and women may approach risk differently, with women generally showing a tendency to balance short-term profitability with long-term sustainability and governance, while men might prioritize immediate financial gains. A balanced approach to risk management, which gender-diverse teams offer, has been shown to outperform male-dominated teams in the long run.

Just as companies with more women in leadership roles see improved performance, Congress benefits from gender diversity through comprehensive and collaborative governance. Women in Congress not only address the immediate needs of their constituents but also help create frameworks for long-term social and economic resilience.


Final Thoughts on Gender Diversity and Leadership

The next U.S. president will not only shape the political and policy landscape, but they will also influence the cultural climate in which businesses operate. However, the most transformative shift may not be generational—it may be gender diversity. As more women take on leadership roles in both Congress and corporate boardrooms, they are driving a more inclusive, collaborative, and socially responsible approach to governance.

  • Fact: McKinsey’s research suggests that increasing gender diversity in leadership can add $12 trillion to global GDP by 2030, reinforcing the argument that inclusivity isn’t just morally right—it’s economically strategic.


📣Call to Action for Business, Policymakers and Voters

The next U.S. president will shape more than just the political landscape—they will influence the cultural and corporate transformations already underway. To stay competitive in this new world, business leaders, policymakers, and votersmust embrace the shift toward gender-diverse leadership.

🟢 Take Action Now:

  • Business Leaders: Is your board or leadership team leveraging the power of gender diversity? How are you integrating inclusive governance into your strategy? Now is the time to embrace this transformation to ensure long-term growth and sustainability.
  • Policymakers: How is your legislative agenda supporting inclusive leadership? Are you paving the way for more collaborative, equitable governance?
  • Voters: Your voice matters in shaping the future of leadership. The choices we make at the ballot box will directly impact how gender diversity and inclusive governance take root in both Congress and corporate America. Will you support the candidates who reflect these values and push for more equitable leadership?

💬 Join the Conversation: Share how gender diversity has impacted your leadership approach, business success, or political views. Let’s discuss how we can work together to embrace these shifts and build a stronger future.

#GenderDiversity #LeadershipTransformation #CorporateGovernance #2024Election #BoardLeadership #VoterPower #LeadershipTransformation #InclusiveLeadership


Sandeep Kumar

Intern at Hitachi Energy India l Aspire '24 l Dexschool '22 l President @InnnovateX

4mo

Insightful article! Driving transformation through diverse perspectives is crucial for business growth. The statistics on gender and age diversity impacting profitability are compelling. I appreciate how Blackstone is prioritizing inclusive leadership development and creating opportunities for underrepresented groups.

Kelly Millar

𝗖𝗘𝗢 & 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗮𝘁 𝗞𝗠 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗿𝗮𝗻𝗱𝗶𝗻𝗴. I am an expert at driving brand growth and visibility through personal branding, thought leadership, company brand building and PR.

4mo

Great post! Age and gender diversity are crucial for effective governance and corporate leadership. Let's connect Robin

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