Diversity Is Important
Diversity is quite the topic these days. Whether it be diversity in the neighborhood, workplace, or even in the government, “diversity” is the hot word that has been thrown around time and time again.
But is diversity actually a good thing in most environments? The answer is an outstanding “yes” across the board. Here is why…
Most business have been making the effort to focus on “Diversity & Inclusion,” or D&I, for a number of reasons. In today’s global economy, diversity in the workplace has proven extremely effective for promoting the acceptance of new business oriented ideas, which have made positive impacts for employees and businesses, alike. Additionally, diversity in the workplace increases the level of innovation in the business, which leads to having a competitive advantage in the particular industry that the business is in. Studies have even shown that companies that have a more diverse workforce have actually been able to gain a higher market share in their industry, as well as making it easier for the company to gain access into new and emerging markets.
More importantly, diversity in the workplace promotes the creation of equal opportunities for everyone. Not only is this in itself something that has been greatly discussed and debated throughout all levels of business, but has even seen national and international attention. Making the effort to not only hire people of different personalities, but people of different ethnic backgrounds and sexual orientations makes for a well-rounded microcosm that is the business itself.
Learn about Diversity with the Everything DiSC Profile.
But did you know that there is more to diversity?
Because we are now in the year 2017, it is pertinent that business leaders have diversity in their offices. In fact, a study entitled the Global CEO Survey conducted by PwC found that nearly 85% of all CEO’s have created a Diversity & Inclusion plan in their operations, which has either already been implemented, or is in the works to be implemented in the next calendar year.
“Talent diversity and inclusiveness are no longer seen as ‘soft’ issues, but rather as crucial competitive capabilities. Of the CEOs whose companies have a formal diversity and inclusiveness strategy, 85% think it’s improved the bottom line. And they also see such strategies as benefiting innovation, collaboration, customer satisfaction, emerging customer needs and the ability to benefit technology.”
PwC – Key Diversity Issues
Thus, companies that have not made the effort to diversify their workforce are inevitably left behind. Do not make this mistake, and grow your company!