The business case for diversity in the workplace is now overwhelming
We live in a complex, interconnected world where diversity, shaped by globalisation and technological advance, forms the fabric of modern society. Notwithstanding this interconnectedness, there is also growing polarisation – both in the physical and digital worlds – fuelled by identity politics and the resurgence of nationalist ideals. Not surprisingly, our workplaces tend to mirror the sociocultural dynamics at play in our lives outside work. Having built and scaled a multinational enterprise over nearly two decades, I’ve learned that diversity in the workplace is an asset for both businesses and their employees, in its capacity to foster innovation, creativity and empathy in ways that homogeneous environments seldom do. Yet it takes careful nurturing and conscious orchestration to unleash the true potential of this invaluable asset. In this era of globalisation, diversity in the business environment is about more than gender, race and ethnicity. It now includes employees with diverse religious and political beliefs, education, socioeconomic backgrounds, sexual orientation, cultures and even disabilities. Companies are discovering that, by supporting and promoting a diverse and inclusive workplace, they are gaining benefits that go beyond the optics. Business has the transformative power to change and contribute to a more open, diverse and inclusive society. We can only accomplish this by starting from within our organisations. Many of us know intuitively that diversity is good for business. The case for establishing a truly diverse workforce, at all organisational 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. Disruption and innovation The coming together of people of different ethnicities with different experiences in cities and societies is a key driver of innovation. The food that we eat every day is a result of this blending of cultures. […]