Research proves that diversity (gender, ethnic and social) can improve work place culture and productivity. Workplace diversity can increase growth or revenues.
Diversity allows companies to tap into different opinions and work styles that could help it navigate different geographies, market segments, as well as tap into new talent pools
Diversity in leadership leads to greater profits
Studies repeatedly indicate a more diverse senior management team directly correlates to higher profits.
Diverse workforces drive profits through innovation
Diverse workforces are more innovative. Innovate companies are also more profitable.
Customers prefer to buy from people who represent them
Sales and customer volume is directly linked to diversity.
Other aspects, like having a strong founder and qualified leadership, have a far greater impact on a company's bottom line
Diversity is no silver bullet
Changing the upper-echelons of management can change a company's profitability overnight. Hiring a more diverse workforce can't.
Without inclusion, diversity is meaningless
Diversity doesn't work without inclusion. Diversity isn't critical, inclusion is.
Many companies have thrived with a homogenous workforce, indicating diversity is not critical to a company's profitability.
Many companies thrive with a homogeneous workforce
There are many examples of highly successful companies with homogenous workforces.
Diversity sometimes has a positive impact, sometimes a negative
Increasing diversity doesn't always bring harmony. Sometimes it brings tensions.
This page was last edited on Monday, 20 Jan 2020 at 15:14 UTC