Managing Diversity in the Workplace: Building an Inclusive Organizational Culture

Organizations are viewing diversity and inclusion in the workplace as a business case bringing along multiple benefits for both the employees as well as the employers. There is no global benchmark on which types of diversity an organization has to take into account, as the backgrounds of individuals vary significantly. The benefits of workplace diversity include: Innovation, market expansion, increased productivity and greater business performance. Companies with higher than average diversity had 19% higher innovation revenues. Companies in the top quartile of diversity are 15% more likely to have financial returns that were above their national industry median.