This week on The DayBreak Blog, we’re sharing some news based on what we are seeing in the current marketplace.
Diversity, Equity, and Inclusion are important for organizations not just due to ethical reasons, but because they can have a significant positive impact on company culture and the bottom line of a successful business. This isn’t just an initiative of the moment or a trend at the current point in time. It is a standard of today’s business world.
Countless studies have shown that diverse companies outperform companies with a lack of diversity. The more diverse organizations tend to have happier employees who are more innovative and stay with the company for longer. These diverse companies also are better at problem solving and are “up to 36 percent more profitable.”
According to INC.com, here are some reasons why Diversity, Equity, and Inclusion are vital to business success:
- DEI helps break down biases and creates a more understanding, open minded workforce.
- DEI elevates performance by introducing and exposing employees to different ways of thinking.
- DEI attracts top talent, especially as more and more younger generation job applicants seek out businesses that align with their values.
- DEI improves the customer experience as customers will feel more valued when they see a diverse group of people employed within an organization.
For more details and to read the full article from INC.com, click the link below!