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Flyer supporting equity, diversity, and inclusion in 2016. Diversity, equity, and inclusion (DEI) are organizational frameworks which seek to promote the fair treatment and full participation of all people, particularly groups who have historically been underrepresented or subject to discrimination on the basis of identity or disability. [1]
Diversity, in a business context, is hiring and promoting employees from a variety of different backgrounds and identities.Those characteristics may include various legally protected groups, such as people of different religions or races, or backgrounds that are not legally protected, such as people from different social classes or educational levels.
Out of the research that has been done, findings are still inconclusive. For example, Mannix and Neale (2005) found demographic diversity in the workplace to be associated with negative outcomes such as high employee turnover, low workforce satisfaction, intergroup / interpersonal conflicts, and perhaps most importantly, low performance. [4]
As businesses push forward on hitting diversity goals, a major insurance company in the U.K. is telling its 22,000 strong workforce that senior white male new hires must be personally approved by ...
Diversity's impact on financial performance. Based on a survey this year of 400 C-suite and HR leaders, executive search firm Bridge Partners found leaders said the top benefit of DEI efforts is a ...
Functional diversity encapsulates the cognitive resource diversity theory, which is the idea that diversity of cognitive resources promotes creativity and innovation, problem solving capacity, and organizational flexibility. Functionally diverse teams “consist of individuals with a variety of educational and training backgrounds working ...