- Skills and diversity needed to drive innovation, performance and value but many organizations are falling short on both.
- Study shows there is no single set of skills that make a company succeed at diversity, equality, inclusion and belonging (DEIB).
- Instead different skills are valued at different levels of an organization, and employers should take these into account when improving diversity.
As organizations explore ways to become more diverse and inclusive, what skills might help them be more successful?
After all, there is a strong body of research highlighting how diversity in the workplace can lead to increased profitability and creativity, stronger governance and better problem-solving skills. Boston Consulting Group found that companies with more diverse management teams have 19% higher revenues due to innovation.
My company, Degreed, sponsored a study exploring the skill make-up of organizations that are doing particularly well at diversity, equality, inclusion and belonging (DEIB). The research included a comprehensive survey of more than 1,000 people across a variety of industries.
It asked them a series of questions to determine whether they feel a sense of belonging, included, and respected by their employer; if their unique background and identity are valued; and whether they believe people of different backgrounds and identities are represented and have equitable opportunities at the organization.
