4 Ways Diversity Creates A Better Business [Infographic]

Emily Gibson https://velocityglobal.com 1m 303 #diversity

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

Diversity is one of the most important factors of a workplace. Having people from different walks of life is a great way to get multiple perspectives and truly make the work your company is doing top tier. The greatness of diversity is guaranteed to improve business, both from an inside and outside perspective.

Here are four ways diversity in the workplace can create a better business.

Increased Productivity

Different perspectives make problem-solving easier and, therefore, can increase productivity to boot. Diverse workplaces also usually result in happier employees, who report higher levels of engagement with their work and increase productivity.

Increased Revenue

Diverse workforces are proven to be more engaged and effective, which leads to more productivity and increased profits. A report by McKinsey & Company showed that companies with a diverse board of directors were 43% more profitable than those with a non-diverse board of directors.

New Perspectives in the Office

Having a variety of perspectives in the office leads to new ideas and innovations. There are a variety of ways to solve the same problem, and each employee can bring new ideas to the table and they can work together as a team. This fosters teamwork and creative decision-making.

Increased Comfort for All Employees

Being the odd one out is tough. Employees will feel more comfortable if they aren’t the single diverse hire in the room, which can help with overall employee comfort and morale while also decreasing turnover rates.

Diverse workforces are often the most efficient. Create a focus on diversity when hiring new employees and watch your business flourish.

For more information on how diversity can increase the bottom line, check out the following infographic.

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