Diversity and Inclusion is all about people and organisations.
Diversity is about empowering people by respecting and appreciating what makes them different. This includes age, gender, ethnicity, religion, disability, sexual orientation, education and national origin.
Inclusion is an organisation wide approach to practices. Practices in which different individuals or groups are culturally and socially accepted, welcomed, and treated equally.
These differences may or may not be obvious, but could relate to race, age, gender, beliefs, marital status, education, socioeconomic background or indeed how people think.
A well know survey 2018 research from McKinsey shows, that
- Greater diversity in the workforce results in increased profitability and value creation
- There is a significant correlation between diverse leadership and better financial performance
- Companies in the top quartile for ethnic diversity at the executive level are 33 percent more likely to have above-average profitability than companies in the bottom quartile.
A strong diversity and inclusion strategy can help your company attract top talent and drive innovative results.
Here are the 7 steps to help.