Diversity goes beyond social or moral responsibility. Highly inclusive companies are more likely to hit their financial target goals by up to 120%! The following are key factors that make diversity important to businesses:
- Diversity initiatives can improve the quality of your organization’s workforce and can be the catalyst for a better ROI in human capital.
- Diversity allows you to capitalize on new markets; customer bases are becoming even more diverse than the workforce.
- Recognized diversity initiatives and diversity results will attract the best and brightest employees to a company.
- Increased creativity is one by-product of capitalizing on differences.
- Flexibility ensures survival. Making adaptations required by diversity keeps an organization flexible and strengthens the ability to respond to changing environments.