Many of us know, intuitively, that diversity and the fresh thinking it brings is good for business. The case for having diversity in the boardroom and throughout a workforce is compelling. The moral argument goes without explanation and the positive financial impact makes it a no-brainer.
Whether you’re part of a large company or a small operation, a diverse workplace will help you run a more successful business. There’s substantial research to show that diversity brings many advantages: increased innovation and creativity: better problem-solving; improved profitability and stronger governance. In addition to the positive message it can also give, you can increase your reach and market share, build a more qualified workforce and improve employee morale and teamwork.
A Boston Consulting Group study found that companies with more diverse management teams have 19 per cent higher revenues due to innovation. It shows that diversity is not just a metric to aim for; it’s an integral part of a revenue-generating business.
Incorporating these benefits in your business is a constant process and needs to be maintained and developed. Our Green Tape Review is an easy and fast way to provide practical steps to build and evolve diverse thinking in your business so it can grow. We can show you how you can foster a new way of working that incorporates inclusion, respect and understanding throughout your workforce — from entry-level positions all the way up to the C-Suite. In today’s fast changing world, a diverse business board gives a competitive advantage. With the rapid rate of change, you will need all available resources at your disposal to be able to think on your feet.
We can help you identify what needs doing from benchmarking to board level decision making to gender pay gap reporting to creating new policies, and much more. Make positive change happen -