The past few years have brought about a drastic change in thinking when it comes to diversity and inclusion. Companies always have known that it’s a positive to have a team dedicated to making sure the organization’s workforce is made up of people with different genders, races, educations, backgrounds, etc., but it wasn’t always deemed necessary to the bottom line.
But as Seb O’Connell, Cielo’s President of EMEA and Asia Pacific, writes in a new article for the Association of MBAs’ (AMBA) Ambition content hub, employers and investors across the global have made the connection between D&I and sustainable growth.
From the article:
Organisations have made conscious efforts to diversify their workforce and make their workplace more inclusive.
In fact, some of the most successful global organisations repeatedly rank high in D&I. The top 20 of the Thomson Reuters Global Diversity and Inclusion Index 2018 includes Novartis AG, Gap Inc, Microsoft and Proctor & Gamble. These are multibillion-dollar businesses that are leaders in their sectors. So where might the connection lie? …
Hiring, recognising and promoting people for who they are – celebrating their unique differences and exemplary work – provides a competitive advantage for organisations of all shapes and sizes. Diversity within a business enables a leader to better understand their customers and reflect this in their proposition to those customers. Leading a diverse business means gaining innovation, creativity and pace. Inclusion has to be tangible and go beyond simply meeting quotas, reporting in the Annual Accounts, and a measure for the CEO community.
Visit the AMBA’s Ambition to read the full article, “Diversity and inclusion in business: moving from ‘nice to have’ to growth generator.”