Diversity and inclusion – How it can benefit ?
At Redolent, Inc, we believe that cultural diversity, inclusion and equity in the workplace are more than just buzzwords or hype.
Gartner research found that a diverse workforce increases performance by 12%. 20% more employees working for companies employing staff from various backgrounds report that they intend to stay put.
Diversity and inclusion are interconnected ideas. Diversity concerns itself with the make-up of the workplace. Inclusion is about how well the perspectives and contributions of different groups of employees are valued and integrated.
If a company employs people from several groups (men, women, Millennials, Gen X, Baby Boomers, and different religious beliefs, races, sexual orientations, etc.), it can say that it is diverse. However, that company must also value all employee perspectives equally if it wants to call itself inclusive. Inclusivity also means having women make up a significant number of management positions within the company. The business is not inclusive if most of the workers are female, but all the managers are men.
Diversity and inclusion can have many benefits for a company and its clients. Here are just some of them:
1. A diverse workforce can lead to better decision-making and problem-solving by bringing together people with different perspectives and experiences.
2. A more inclusive culture can help attract and retain top talent from diverse backgrounds.
3. A diverse workforce can help companies better understand and serve a diverse range of customers.
4. A more diverse workforce can lead to increased innovation and creativity.
5. Companies that prioritize diversity and inclusion may be more likely to outperform their competitors.
We will be covering detailed aspects of each of above benefits and more details as to how it can benefit a company and its customers as well to embrace diversity and inclusion.