The benefits of corporate diversity and inclusion should be clear to all. But how, specifically, can a company successfully advance equality? What does the data have to say on the matter?
In the 2020 study from McKinsey, Diversity Wins: How Inclusion Matters, it was shown that companies with a higher level of diversity are more likely than ever to outperform their peers. This is unsurprising to those in the industry. At this point, everyone has heard the arguments for corporate diversity, from the moral imperative to the good PR and the tangible benefits of a varied group of minds tackling every obstacle.
The real question facing firms now is how to make diversity a reality. Sadly, there are plenty of companies that have earnestly attempted to make themselves more diverse only to fail miserably.
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