Diversity is a buzzword in business right now, but not all businesses truly understand what this looks like nor are giving it the focus and priority it deserves. Diversity in the workplace is a broad term and can include everything from gender, religion, race, age, ethnicity, sexual orientation and education.
Empirical studies indicate that firms that embrace ethnic and gender diversity enjoy numerous benefits. These include better utilisation of organisational talent, increased marketplace understanding, as well as enhanced creativity and problem-solving capabilities within their teams. Additionally, gender-diverse firms have been identified to be 15% more likely to outperform non-gender diverse firms.
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