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Sep 1, 2023 · Diversity is more than just a buzzword; it’s an essential driver of innovation, empathy, and societal well-being. Inclusion is about creating an environment where everyone feels valued and free to contribute positively. Learn how diversity and inclusion promote cultural understanding, problem-solving, equality, and more.
- So Really, Why Is Diversity Important?
- Why Is Diversity Good & Important?
- In The Future, Companies Won’T Have A choice. Why Not Start Diversity Now?
- How Does Diversity Help The Workplace?
We talked about all the benefits and how diversity can impact our society. Let’s talk about how you are impacting others. Think of a time that you are left out and the awful feeling; on the flip side think about a time where you belong, the excitment that you have in a group? The right to be able to enjoy the excitment that you have, no matter wher...
Diversity is good, especially good with tangible benefits. There are many benefits of Diversity in the workplace. With the above, it further translates the benefit to tangible ones:
Baby boomers are retiring, and the birth rate is dropping. The talent pool will be changing fast, and soon. If we want to continue to attract the best talent, we need to be reflective of the talent in the specific market and offer a work environment that employees want to be a part of. If you know that diversity will be a key to success in 5 or 10 ...
Reduce employee turnover
Fun facts: 1. A Glassdoor surveyfound that “57% of people think their company should be doing more to increase diversity among its workforce” 2. A Deloitte University study reportsthat “83% of millennials are actively engaged when they believe their organization fosters an inclusive culture, compared to only 60% of millennials who are actively engaged when their organization does not foster an inclusive culture.” As millennials make up a sizable portion(two-fifths) of the working-age populati...
Company culture
Research published by theHarvard Business Review reported that “…people like to fit in, so they are cautious about sticking their necks out. When we have a strong, homogenous culture, we stifle the natural cognitive diversity in groups through the pressure to conform.” Therefore, diversity in the workplace can lead to creativity in resolving problems as well as creating new products and services. In fact, a study found that diverse teams“were [sic] shown to make decisions faster than individu...
Compete globally
A diverse team can help you compete in the global marketplace. And diversity jobs are one of the hottest jobs in the market, and the top leaders in any diversity function is usually the Chief Diversity Officer. If you have employees who speak more than one language and/or understand other cultures you have an advantage over companies with a homogenous workforce. The co-founder and CEO of Wattpad, Allen Lau, once shared how diversifying their workforce helped the company to grow quickly. He sa...
May 14, 2024 · Find out what is diversity and why is diversity important to foster inclusivity and innovation in the workplace. Learn the benefits now.
Jun 12, 2024 · Diversity in the workplace means maintaining a workforce of people with varying backgrounds, perspectives, abilities, and lifestyles. Learn how diversity can drive profit, innovation, productivity, and engagement, and explore strategies to diversify your workforce.
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Nov 28, 2023 · Diversity focuses on representation or the make-up of an entity. Inclusion is about how well the contributions, presence, and perspectives of different groups of people are valued and integrated into an environment.
Aug 17, 2022 · In this McKinsey Explainer, we explore what diversity, equity, and inclusion is and why successful organizations are actively embracing DE&I.
Sep 27, 2022 · Diversity leads to innovation. Simply put, each one of us—due to how our minds are wired, our experiences, and our worldview—has a particular lens through which we see and analyze situations...
