Future business success: How diverse companies perform better

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What factors come to mind when thinking about business success? Perhaps it’s an innovative product or service that meets a market need, inspiring leadership, or a solid business plan. A diverse employee base may not be the first idea to come to mind — but it should be. 

With diverse and inclusive companies 35% more likely to financially surpass their competitors, diversity, equity, and inclusion (DE&I) ought to be a top priority for every HR team. Building DE&I initiatives doesn’t need to be difficult; businesses can start by sharing a survey with employees to better understand their current diversity metrics. Investing in employee development for underrepresented groups can start to address equity gaps. To increase inclusivity, businesses can implement employee resource groups and facilitate better quality staff training. 

Inclusive environments lead to happier employees, and it’s no secret that happier team members are productive. So, let’s discover how adopting diversity initiatives can create an inclusive and fruitful business.