Why Diversity Is Key to Business Success
Stephen Covey, the world-renowned business expert and author, once remarked that strength always lies in differences and not in similarities. This statement is profoundly true when it comes to business success.
Research also makes it clear that diversity is a proven avenue to better performance, productivity and profits.
Diversity Is an Essential Contributing Factor
Companies with gender, generational, cultural and skills diversity are more likely to out-perform their competitors. Diversity and inclusion in the workplace are important differentiators when it comes to gaining competitive advantage in increasingly complex markets.
Diversity helps add different dimensions to your workforce in terms of skills, attributes, experiences and perspectives. Diverse companies attract top talent, ensure employee satisfaction and experience improved customer relationships.
But diversity demographics alone do not guarantee success. Companies must do more to leverage diversity benefits by creating a more inclusive culture. In particular, they must pay more attention to their talent pipelines, recruiting and mentoring processes.
Targeted and engaging diversity training can help foster strong inclusive leadership skills that are key to organisational growth and success. Diversity and inclusion workshops can pave the way for constructive dialogue around issues facing employees today.
Workplace Diversity as a core business Value
Given its inherent ability to breed innovation, diversity is a crucial tool that helps companies adapt to fast-changing environments. Diversity in experiences, skills and ideas help the organisation explore – or create – new opportunities and markets. Seeking diversity in prospective employees with regard to gender,age, sexual orientation etc helps the company harness a wider range of talent.
The most successful companies do not treat Diversity and inclusion as merely a strategy or tactic. Diversity is well-integrated with their fundamental approach right from the start. For such organisations, diversity is not merely a strategy or tactic.It is the natural way to view the needs of the workplace. In addition, diversity and inclusion will benefit the bottom line.
Consistent D & I training can help develop leaders of tomorrow at all levels of the organisation.
Comprehensive diversity training in Sydney can help local companies define metrics, adopt best practices and create an inclusive culture. These types of training can be provided by Symmetra as face to face workshops or as online modules.
