Impact of Diversity on Business Performance

Impact of Diversity on Business Performance

Diversity Improves Company Performance

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Companies with a diverse workforce outperform their counterparts regularly.

Gartner’s research predicts that, through 2022, 75 percent of organizations with inclusive and diverse decision-making teams will outperform their financial targets in terms of profits. According to the study’s findings, teams that are gender diverse and inclusive outperform their less inclusive and diverse counterparts by 50%.

As part of a 2019 study conducted by Weber Shandwick in collaboration with United Minds and KRC Research, 66 percent of executives at companies that have connected their company objectives with diversity and inclusion goals believe that diversity is a significant driver of a firm’s profitability, as per a 2018 BCG report, businesses with more varied leadership generate more innovation revenue—45 percent of total revenue versus only 26 percent in companies with less diverse leadership teams.


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