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Why Diverse Teams Are Smarter. Striving to increase workplace diversity is not an empty slogan — it is a good business decision. A 2015 McKinsey report on 366 public companies found that those ...
The importance of a diverse workforce. DEI measures and their impact. How gender, race and ethnicity impact success in the workplace.
What are the benefits of having diversity in the workplace? Diversity and inclusion in the workplace offer several benefits. They fight discrimination, provide equal opportunities to all employees, and bring diverse voices into teams, leading to better products and increased equity.
Diversity, equity, and inclusion (DEI) initiatives are essential to fostering a positive work culture. Through exposure to diverse perspectives, you can improve employee morale, promote business ethics, and drive creative problem-solving and innovation.
Why is diversity in the workplace important? A series of three McKinsey reports shows the impact of diverse workplaces: Why diversity matters (2015), Delivering through diversity (2018), and Diversity wins: How inclusion matters (2020).
Workplace diversity may be defined as a trait of company culture wherein the workforce composition includes employees of different genders, age, sexual orientation, religions, languages, abilities, professional backgrounds, socioeconomic backgrounds, and educational backgrounds.
Having a diverse workforce means happier and healthier employees, customers feel more respected and managers have greater access to the talent and skillsets they need for their...
Here are 20 benefits of having a diverse workforce: 1. It inspires creativity. Diverse perspectives and varied ideas can increase creativity in the workplace. Individuals with different cultural and professional backgrounds often contribute new ideas, alternative outlooks and creative solutions for achieving important business goals.
Learn why diversity is vital in the workplace, including increased productivity, better engagement, and improved company culture.
Research has shown many benefits of a diverse and inclusive workplace: Higher revenue growth. Greater readiness to innovate. Increased ability to recruit a diverse talent pool. 5.4 times higher employee retention. Inclusion in the workplace is one of the most important keys to retention.