Diversity is unarguably a hot-button issue in corporate America.
The latest census results substantially confirm that the ethnic makeup of the U.S. is changing at a rate faster than anyone has anticipated.
As a vital part of any thriving organization, what must be understood about Diversity is that it goes beyond color. Diversity is centered around understanding and embracing each other’s differences: The where, why, and how of the way people look at things differently.
Inclusive work teams have a broader base of experience from which to draw when problem-solving. This presence of varying views creates a higher level of critical analysis, increasing creativity, innovation, and revenue.
Studies have shown time and time again that diverse professional teams produce scores higher than non-diverse teams.
Forbes recently conducted a study regarding Diversity in which 56% of companies with more than $10 billion in annual revenue strongly agreed that Diversity helps drive innovation.
Many organizations are beginning to understand how crucial Diversity really is – It’s no coincidence that these organizations are the ones operating at full speed.
Diverse organizations generate profits and create new products at a greater rate than those who don’t embrace Diversity and Inclusion. These organizations do not fear
According to Forbes, 78% of companies plan to incorporate Diversity initiatives in their overall innovative business goals in the next three years.
A lack of honest criticism toward Diversity programs is what often causes these initiatives to fail; instead, honest dialogue regarding Diversity is needed to truly understand its importance.