What are Diversity and Inclusion?
Diversity and inclusion are all about respecting the differences, skills, and talents of every individual. It is about the understanding that a diverse workforce is more creative and productive.
Organizations that adopt diversity and inclusion practices will have a greater chance of success than those that do not. Inclusivity is important in any organization. It brings a sense of belonging and unity to the people at the company. But what are some ways that organizations can increase inclusivity? The following are some ways that organizations can increase inclusivity for the employees: In efforts to increase inclusion and diversity, certain companies are required to adopt a diversity statement. A diversity statement is an “honest” expression of an organization’s commitment to inclusivity and it may include the following language:
” We believe that this is a diverse and inclusive organization where we encourage all voices, treat people with dignity and respect regardless of gender identity, sexual orientation or sexual preference”
How Diverse Teams Can Boost Your Creativity
Diverse teams are more creative than homogeneous teams. They generate more ideas, and the ideas are more radical.
Some of the reasons for this increased creativity might be
- A greater variety of perspectives leads to a wider range of ideas.
- Teams that have diverse backgrounds may be better at solving problems.
- Diverse teams may have less fear of failure because they’re used to overcoming obstacles and working together to solve problems.
- Teams that are culturally diverse may be better able to understand new markets because they can relate in a way that members of a homogeneous team can’t.
- Diverse teams are more likely to share knowledge and learn from one another, which leads to better decision-making.
4 Tips for Increasing inclusivity at your Company
The best way to increase inclusivity at your company is by focusing on the 4 following tips:
1) Make sure that your company is diverse.
Diverse companies are more successful. A study by McKinsey showed that companies with diverse workforces were 35% more likely to financially outperform their peers. Organizations with the most gender-diverse management teams have a 73% higher return on equity and a 66% higher return on invested capital than those with the least gender diversity. Companies that promote women into executive roles have better returns on equity, gross margin
2) Promote diversity
Diversity in the workplace helps create teams that are more creative, innovative and productive. If a company wants to succeed, they need to create a culture where everyone can thrive and contribute their best work.
3) Listen to feedback and criticism
Inclusivity and diversity have been hot topics in the media over the past few years. They are also hot topics for companies looking to attract top talent. Employees who identify as LGBTQIA+ are more likely to stay with an employer that values diversity and inclusion, so it is important for companies to be aware of how they can improve their workplace culture.
4) Create a safe space for people of all backgrounds
A safe space is a place of inclusivity that fosters a deep respect for all backgrounds. In order to provide a safe space for people of all backgrounds, it is important to be mindful and aware of the environment we are creating.
Build your team. How-to blueprint: