Originally published: June 27, 2016
Diversity may be a good thing per se, but in the past performance-obsessed senior managers have needed persuading. Fortunately, there is now a new realization that a diverse and inclusive organizational culture benefits the bottom line and is an essential prerequisite to business sustainability, and that building diversity competencies for leadership development should be a core objective for the organization.
New research, from the University of North Carolina Kenan-Flagler Business School, underlines the strengthening support amongst business leaders, who according to this study view diversity and inclusiveness as important in improving bottom line performance and critical to attracting and retaining leadership talent.
SEE BELOW TO DOWNLOAD THE WHITE PAPER: UNC Leadership Survey 2016: Diversity Competencies for Leadership Development
In a survey of c.800 companies key findings were that: 75% identified creating an inclusive culture as an essential priority; 86% said diversity was important for improving the bottom-line; and 95% believed that an inclusive culture is critical to their organizations’ future success.