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- Increasing diversity is a moral imperative, but it is also becoming a powerful business requirement. Organizations equipped with a range of voices and perspectives throughout the ranks are better able to innovate, take risks, solve problems creatively, bounce back from failures, and turn challenges into opportunities.
www.bcg.com › publications › 2019
Jun 20, 2019 · Diversity is not just a moral imperative—it’s also a business imperative. Companies that increase the diversity of their workforce on multiple dimensions, and create an environment that welcomes new perspectives, boost their capacity for innovation and their ability to withstand the unexpected.
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Summary. Many companies today recognize that workforce diversity is both a moral imperative and a key to stronger business performance. U.S. firms alone spend billions of dollars every year...
Workplace diversity is not just a moral imperative; it also brings strategic advantages for businesses. When people of various backgrounds make up a team, they offer enhanced creativity, better decision-making, increased engagement, extended market reach, and a culture where everyone thrives.
Jul 18, 2023 · Three takeaways from “Promoting Diversity, Equity, and Inclusion in the Workplace: What’s Working?” underscore the complexity of achieving DEI in the workplace and highlight promising approaches for advancing racial equity. The US workforce is racially and ethnically divided.
Mar 20, 2021 · Although the moral imperative for diversity has become clearer, the next stage involves tying rigorous measurement and outcomes to incentives that move relevant actors toward action.
- Lisa S Rotenstein, Joan Y Reede, Anupam B Jena
- 2021
Apr 29, 2019 · Many of us know intuitively that diversity is good for business. The case for establishing a truly diverse workforce, at all organizational levels, grows more compelling each year. The moral argument is weighty enough, but the financial impact - as proven by multiple studies - makes this a no-brainer.
Dec 5, 2023 · We examined how leadership diversity could be linked to three components of holistic impact—community, workforce, and environment—which all have particularly close connections with employee and community well-being.
