What is DIVERSITY of THOUGHT?
The idea that our thinking is shaped by our culture, background, experiences, and personalities is core to the concept of diverse thought. Organizations that bring together people who think differently from one another—for example, analytical types with creative ones, “big-picture” folks with the detail-oriented ones—can create conversations that stimulate new ideas and drive efficiency.
Why is it GOOD for your BOTTOM LINE?
A recent McKinsey study shows, “Companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians.” Additionally, a 2015 study from Bersin by Deloitte showed that diverse companies had 2.3 times higher cash flow per employee over a three-year period than non-diverse companies did.