The Chapter elucidates the importance of gender equity in organizations. The chapter also focuses on the important difference between gender equity and equality, oftentimes used interchangeably however are different from each other significantly. The chapter has provided a variety of strategies for bridging the gender gap such as gender diversity indices, corporate governance codes, Blau and Shannon index, and gender-based legislation which have been adopted by various countries in recent years. It also brings out the importance of gender diverse boards through enforcement of non-mandatory and mandatory mechanisms like corporate governance codes, and legislations, respectively. The case of India is also shared to show the execution and effect of mandatory legislations on increasing gender diversity on board.