Diversity in the workplace means that a company has employees that vary by many different characteristics. Most often when people refer to workplace diversity, they’re referring to a workplace that’s balanced by race and gender. But diversity in the workplace can exist across many different variables, including age, religion, cultural background, language, physical ability, sexuality, location, and more.

A truly diverse workplace features a distribution of people that reflects greater society. This indicates that the company doesn’t present any barriers to entry for individuals of any particular background. For example, a diverse company should have a relatively equal gender balance at both the staff and leadership level

1. Better Decision Making

Employees with different backgrounds, experiences and perspectives will inspire more solutions, which leads to informed and improved decision-making results. This will ultimately affect your business productivity. A team made up of diverse individuals makes it easier to break down cultural walls and take an inside look at what’s actually relevant and true to a specific demographic. Through diversity businesses can create a better understanding of other cultures and become “insiders” rather than “outsiders.”

2. Increase in Creativity

Whenever a group of like minded people are put together, they will generate similar ideas. This is because their thinking patterns are very much alike. However, if you change things up by mixing diverse individuals together, you’ll have a workforce that’s more prone to creativity and innovation, two important ingredients for success.

A heterogeneous workforce will be able to exchange unique perspectives and spark fresh ideas.

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3. Better Chances of Productivity and Growth

A diverse workplace allows for more ideas and processes. This diversity of talent means a broader range of skills among employees, as well as a diversity of experiences and perspectives which increases the potential for increased productivity
Increased creativity: As various cultures and backgrounds work together, the opportunity for increased creativity exists. This is because there are more people with differing perspectives and solutions to problems, allowing for a greater chance of a workable

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4. Problems are solved faster

Because diverse companies are more innovative and creative, they also solve problems faster.

Research featured in the Harvard business found that teams with higher cognitive diversity in thinking styles are able to solve problems faster than people who think alike.

This research concluded that organizations who want to promote better problem solving should actively promote people’s individual differences and styles rather than training people to think a certain way.

5. A Positive Reputation

 Companies that have a diverse workplace are often perceived as better employers. Potential employees want an employer who accepts and is tolerant of all backgrounds and who treats their employees fairly.

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