Tuesday, June 20, 2017

Businesses must promote diversity – not just because it's good for the bottom line - THE GUARDIAN

by Tim Ryan 
Originally published: June 16, 2017
Publisher: TheGuardian.com 

We’re living in a country of growing division and tension, and it’s having an impact at work. But it’s often the case that when we walk into the office – where we spend the majority of our time – we don’t address these issues.

And yet there’s so much to talk about – from growing societal inequality and America’s racial divide to single-digit minority representation in corporate America. (Just 1% of the nation’s Fortune 500 CEOs are black, only 4% are women, and even fewer are openly gay).

We know that diversity and inclusion is good for business; that business suffers when employees feel they can’t bring their whole selves to work; that employees and customers increasingly expect businesses to share their values and have a greater sense of purpose; and that people want to work for companies that support diversity. So, of course, it follows, that business leaders should do more to advance diversity in the workplace because it helps grow their bottom line.