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Gender Diversity Baseline Report

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GENDER & PUBLIC INSTITUTIONS BASELINE REPORT
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GENDER AND ACADEMIA BASELINE REPORT
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GENDER AND PRIVATE SECTOR BASELINE REPORT
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GENDER AND MEDIA BASELINE REPORT

Smart Businesses Encourage Diversity

WHY DIVERSITY MATTERS

Diversity is including many different aspects of society, tradition, culture, race, gender and background experiences into ones organization. It can be considered as a strategy to a better productive growth in the years ahead (Potential.com). Businesses that understand the importance of diversity in the workplace are known to perform better both financially and culturally. When employees work with other people from different backgrounds, they have the opportunity to learn from one another to produce higher quality products and services. Having a diverse workplace will also foster a positive working environment in which your employees will grow and thrive.

  • Expand Your Talent Pool

When your business is a champion for diversity in the workplace, you will expand your talent pool. Your employees will have different skill sets, backgrounds, and experiences. They will be able to collaborate together and learn from each other which will make them more well-rounded employees.

  • Promote Innovation

When employees with diverse backgrounds collaborate on projects, this will promote innovation on your team and within your organization. Innovation will come from the conflicts that arise when teams are diverse. When you listen to many different ideas from different types of people, you will have the opportunity to combine ideas to create innovation for your products or services.

  • Grow Your Business

Businesses with a diverse employee base are known to have an equally diverse customer base. When your business shows that they understand the importance of diversity in the workplace, you will attract different types of customers which will help grow your business. Your employees can also bring in customers via word of mouth which will help expand your customer base.

  • Improve Products and Services

By combining different cultures and experiences you will have a broad range of understanding of what the consumer needs. This improves your connection with your clients showing that there are many shared interests between the both of you.

  • Improve Your Business Reputation

The culture of your business is imperative if you want to attract and retain top talent within your organization. Businesses with a diverse employee base are known to have conflict but they also resolve conflict to come up with new innovations for daily tasks or business processes. These innovations will help your employees grow and thrive in their careers. Through speaking with their colleagues and customers, your employees’ positive stories about their work will propagate a positive reputation for your business.

CREDIT:

Shelley Benhoff, Hoffstech and Potential.Com