Business

Why Diversity and Inclusion Are Important to Business Success

Now more than ever diversity and inclusion are vital within the workplace. Not only does this give everyone the equal opportunities that they are entitled to, but businesses are becoming more and more scrutinised for the level of diversity and inclusion across their organisations.

According to recent studies only 40% of employees agree that their manager cultivates an inclusive environment. This statistic demonstrates that the is clearly more work that still needs to be done.

In this article, we explore what diversity and inclusion in the workplace resembles and why it’s so important in the progressive business world of today.

What Is Diversity And Inclusion?

Diversity and inclusion (D&I) within the workplace is all about creating a team with a calibre of differences to add as much richness as possible to a department. Diversity refers to the likes of gender identity, race, sexual orientation, religion, culture, values, and political beliefs. Inclusion is about making the workplace a level playing field where everyone feels equal, seen, heard, respected, and treated fairly across the business.

Why is D&I Important?

D&I is vital within businesses because it can enrich your company in ways that less diverse companies simply can’t. According to recent reports from Deloitte, diverse companies enjoy 2.3x higher cash flow per employee. It is something that should be embedded into a workplace’s culture, celebrating differences as a benefit to an organisation. Promoting D&I policies across your business can create a diverse texture of employees who have a broader spectrum of experience and skills that everyone can benefit from.

How Can Your Business Benefit From D&I?

Here are just a few of the many benefits that instilling D&I within your business can bring:

Recruit the Best Talent

Research shows that many people actively search for diverse and inclusive companies to work for. This is a sure way to attract and retain the best possible talent out there,

Happier Employees

A diverse and inclusive environment that promotes equality across the workplace, championing a successful working environment and leads to happier workers!

Competitive Edge

Being open and vocal about D&I can give you an advantage over competitors, making you stand out to clients and employees alike for all the right reasons.

How Do I Implement D&I Across My Business?

If you would like to harness diversity and inclusion and you’d like some further information on how to cement it within your business’ culture, speak to a specialised advisor about it. With the relevant experience to advise, frame and implement policies of diversity and inclusion, you’re sure to find a solution that is tailored to your business.

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