Diversity is a top priority for 77% of business leaders for good reason. The data supports diverse teams lead to better employee productivity, motivation, retention, and innovation.
Financial Growth Comes from Greater Diversity
For every 1% increase in the rate of gender diversity, companies see a 3% average increase in sales revenue.
Diversity Leads to Financial Returns Higher than Industry Medians
Companies in the top quartile for gender and top quartile for ethnic diversity are 15% more likely to see financial returns higher than their national industry median.
Innovation Thrives on Diverse Perspectives
Diverse teams consistently outperform and out-innovate their competitors. Diverse teams are 45% more likely to improve their overall market share.
Enhanced Customer Loyalty Starts with Companies that Embrace Diversity & Are Competent at Inclusion
Highlighting your company’s commitment to diversity and inclusion leads to stronger customer loyalty. In fact, 78% of the LGBTQIA+ community and their close relations would change brands to companies that are known to be LGBTQIA+ affirming.
Engaged Employees are More Productive
Leaders who give diverse employees equal opportunities to grow, succeed, and “speak-up” can cause your team to be 3.5 times more likely to contribute their full innovative potential and productivity.
Solving Complex Problems Needs Strong Collaboration
Diverse teams can solve complex tasks or problems better since they bring a wider variety of perspectives and skillsets. Heterogenous teams are also more creative and better at problem-solving than their homogenous team counterparts.