Diversity and Inclusion Is a Revenue Driver. Here Are 5 Steps to Improve Yours.
The Grow Wire article, "Diversity and Inclusion Is a Revenue Driver. Here Are 5 Steps to Improve Yours," featured the Russell Reynolds Associates paper, "Diversity and Inclusion Pulse: 2017 Leader's Guide." The article is excerpted below.
It’s become clear that setting diversity and inclusion (D&I) as a priority at your company is important, no matter its size.
Look no further than the fact that Sephora and Starbucks temporarily shut some of their stores for mandatory diversity training and racial bias training, respectively. Meanwhile, startups like Salsify make D&I a part of their employee training.
In a 2017 survey from management consulting firm Russell Reynolds Associates, 74% of executives cited D&I initiatives as critical to their organization’s success. These executives were also 38% more likely to view their companies as effective in retaining talent and 42% more likely to say their companies effectively facilitate creativity.
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