So there is a lot of social and political pressure nowadays for more diversity and equality in all aspects of public life (including race, class, neuro, and gender)- in politics, business, education, etc.
In general business people are perfectly happy with this development, knowing that equity is fundamental for all well functioning organizations and this is compounded by the fact that there’s a sound business case for it, not just political expediency.
According to HBR, there are three main ways diversity and inclusion add immediate value:
1. A diverse workforce signals an attractive work environment for talent.
As always, it’s a talent war, and anything which attracts talent is going to win out.
2. When you value diversity, you encourage a diverse idea exchange.
Diversity means more original ideas, more often.
3. A diverse workforce signals competent management for investors.
A company that’s seen as ahead of the curve does better with investors than one as seen as behind the times, obviously. Nobody pays top dollar for yesterday’s news.
As HBR states it’s a complex issue. That being said, they still consider it a great investment and certainly see the world heading that way.
