Diversity Can Benefit Business – Here’s the Proof!

Jun 16, 2018Leadership

Diversity in the Workplace Can Improve Your Business! Just look at Apple, JP Morgan and Alibaba!

Many businesses these days aim to do more than just make money, they want to make a difference in the world somehow.

Often, companies can do this by moving our society forward, be it through technology, innovation, products and services, or simply by influencing a new way of thinking.

Today, with ever-changing employment laws and regulations, businesses are obliged to fulfill certain requirements with regards to equality, diversity, employee rights and data protection, and rightly so.

But aside from the law, what else drives business decisions around the subject of employee diversity?

How much should companies care about diversity in the workplace? Are these regulations something they simply fulfill because they have to hit their quota, or do they see the real value and the potential for this to be an influential factor for the success of their business?

Why don’t we see companies doing more about this?

In this article, we share a video with you that highlights how employee AND leadership diversity in today’s businesses shouldn’t just be the politically correct thing to do…

…It should be actively acknowledged that there are numerous significant business benefits to diversifying your company’s workforce and leadership.

Forward thinking businesses such as Apple, JP Morgan and Alibaba, already recognise this, and they’re reaping the rewards!

Rocío Lorenzo took matters into her own hands to go one step further and prove that diversity matters, both because it’s right and because businesses thrive as a result of it!

She led a team who conducted interesting research into the matter, revealing astonishing facts and figures about the current state of affairs in companies around the world, in terms of diversity and equality, as well as the correlation between employee diversity, business innovation and results.

Check out Rocío’s TED Talk right here:

Video Introduction: “Are diverse companies really more innovative? Rocío Lorenzo and her team surveyed 171 companies to find out — and the answer was a clear yes. In a talk that will help you build a better, more robust company, Lorenzo dives into the data and explains how your company can start producing fresher, more creative ideas by treating diversity as a competitive advantage.”

We can’t get enough of Rocío’s TED Talk! But what do you think?

Do you agree with her findings? How does this compare to your company or country culture?

Do you think companies in your country are making enough changes or is something greater needed to stimulate this kind of movement?

Let us know your opinion, experience and ideas on this in the comments box below!

Feel free to share this article with your friends and colleagues on Facebook and LinkedIn, so they can take in this important message on modern day organisational diversity, too.

Best,

Adam

About the Author

Adam Baker is the co-Founder and Course Director at Trust Native. He’s an Entrepreneur, Business Coach, and Sport & Organizational Psychologist with professional experience in both Europe and South America.

About the Author

Adam Baker is the co-Founder and Course Director at Trust Native. He’s an Entrepreneur, Business Coach, and Sport & Organizational Psychologist with professional experience in both Europe and South America.

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