We’re well into the 2020s and thankfully many organizations have come to recognize the importance of workplace diversity and inclusivity.
However, it’s still not enough. Yes, some companies may meet legal requirements by having a diverse workforce but they often lack true inclusion initiatives. To put it lightly, just having a “diverse workforce” is not enough. There needs to be a genuine effort to create an inclusive workplace. Let’s look at ways you can make your business more diverse and inclusive.
What is the difference between diversity and inclusivity?
Diversity is about representation — it’s about ensuring that different types of people are included in the organization.
Inclusivity, on the other hand, is about actively creating a workplace environment that is welcoming and equitable. It’s about creating an atmosphere where people feel like their ideas and perspectives are valued by the organization.
The benefits of workplace diversity and inclusivity
There are numerous benefits to having a truly diverse and inclusive work environment. According to studies conducted by the Harvard Business Review, companies with more diversity are 35 percent more likely to have financial returns above their industry median.
Additionally, teams with greater diversity often display increased creativity and innovation - something that can give organizations an edge over competitors in today’s rapidly changing business landscape.
Lastly, having diverse teams can result in better decision-making due to a wider range of perspectives being available. Make sure to take time to hold regular team meetings to hear their ideas.