Diversity & Inclusion: 5 Lessons from Top Global Companies - Deepstash
Diversity & Inclusion: 5 Lessons from Top Global Companies

Diversity & Inclusion: 5 Lessons from Top Global Companies

Curated from: medium.com

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Diversity & Inclusion

Diversity & Inclusion

There is a significant relationship between competitive profit gains and diversity.

Companies with gender, ethnic and racial diversity are at least 15 percent more likely to experience above-average financial returns.

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5 Lessons for Managing D&I

  • Recognize the Shift in Global Understanding of D&I.  Diverse thinkers come from a variety of different backgrounds.
  • Build an Inclusive Environment. All people are encouraged to draw upon their unique experiences, perspectives and backgrounds to advance business goals.
  • Use Multiple Practices and Measures.  Have solutions in place to monitor and retain a talented and diverse workforce.
  • Ensure Leaders Model Diversity and Inclusion. It sets the tone for the rest of the organization to follow suit.
  • Recognize the Connection Between Innovation and D&I. Diversity and inclusion increase innovation and reduce business risk.

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Cognitive Diversity

The concept of cognitive diversity focuses on diversity of thinking and is composed of four dimensions:

  • Perspectives. People represent situations in different ways
  • Interpretations. Through diverse interpretations, teams can discover multiple resolutions.
  • Heuristics. People resolve issues in different ways.
  • Predictive models. Some analyze, and others look for a story. Both are useful for discovering workplace solutions.

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IDEAS CURATED BY

griq

TEAM = (T)ogether (E)veryone (A)chieves (M)ore

Griffin Q.'s ideas are part of this journey:

Diverse And Inclusive Workplaces

Learn more about teamwork with this collection

Strategies for promoting inclusivity

How to address unconscious bias

How to create a diverse and inclusive workplace

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