How Diversity Boosts Innovation — CoreAcademy

If you perceive diversity as just a nice HR initiative, stop reading this article. Diversity is not just a quota to be hit or how your company will be perceived based on the percentage of female executives or various ethnicities in your organization. Did you know that diversity has a direct impact on the bottom line? That is just one of its many proven benefits based on various studies conducted in recent years. Today we are focusing on how diversity boosts innovation, so let’s dive in.

The Employee Diversity Journey

It starts with attracting and recruiting a diverse workforce, then continuously developing and retaining it. There are diversity traits you are born with, such as ethnicity and gender, but there are also traits that you gain from experience, your background or your career path. It is important to have a mix of these traits so you don’t only look at one side of diversity, such as gender or sexual orientation.

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