Organizations are increasingly aware of the importance of a diverse and inclusive workforce. They are adopting new HR practices and policies to promote work environments where different nationalities, genders, ages, religions, and academic and social backgrounds coexist. Did you know, for example, that according to a study published by McKinsey & Company, organizations with more significant gender and ethnic diversity achieve, on average, a 12% higher financial performance when compared to other organizations?
The diversity of perspectives, experiences, and talents that characterize more diverse teams results in more informed business decisions and innovative ideas. What’s more, the organizations that value inclusion and diversity the most are the ones that end up attracting and retaining the best talent, which also increases their competitiveness and differentiation in the market.