It’s Time for A Paradigm Shift
Diversity is increasingly becoming a powerful force in the determination of an organization’s success. Everyone has talents, some of which are recognized and used, and others never identified and thus never put into use. Organizations that engage diverse teams can draw on the synergy associate with it to innovate and subsequently achieve unprecedented success. It is evidenced in Harvard Business Review article, titled, “How diversity can drive innovation.” In that piece, (Hewlett, Marshall & Sherbin) assert, “Employees of firms with 2-D diversity are 45% likelier to report a growth in market share over the previous year and 70% likelier to report that the firm captured a new market.”
Considering various research showing the correlation between diversity and business success, many organizations are now, for good reasons, calling for greater diversity in the board room and significant areas of leadership in our global market place. There is clearly ubiquitous evidence demonstrating that diversity correlates with business success. McKinsey and company assert “New research makes it increasingly clear that companies with more diverse workforces perform better financially.” According to Deloitte, “Diversity and inclusion at the workplace are now CEO-level issues, but they continue to be frustrating and challenging for many companies.”
Continue reading The Era of Diversity Talk and No Action Is Over – by Joseph Nwoye