The Benefits of a Diverse Workforce: Profitability, Innovation, and Beyond
Companies are feeling pressure to take concrete action to improve Diversity and Inclusion initiatives in response to today’s call for systematic social justice, but what they may not realize is just how much diversifying their workforce composition can benefit them regardless of the current events. This article aims to outline just a few of the many benefits of diversity in companies’ leadership and employee teams that small businesses can learn from.
Bringing Diversity and Inclusion Into Business Strategy and Operations
The movement against anti-black violence and police brutality has forced businesses to rethink their mission and strategy in order to bring Diversity and Inclusion to the forefront of their operations. Brands need to be aware of these shifts and adapt accordingly and responsibly.
How Can Small Businesses Embrace Diversity and Inclusion Initiatives?
Small businesses have a lot to gain from D&I initiatives just like larger companies. Diversity and Inclusion initiatives have the potential to increase productivity and thus profitability in the workplace. With diverse teams comes creative thinking and problem solving from a multitude of perspectives. Small businesses can embrace D&I initiatives by doing the following.
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