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For a considerable time, the Diversity and Inclusion (D&I) agenda has been a hot topic for many HR practitioners. Recognising the importance of cultural diversity and a diversity of thought among teams has played a pivotal role in business success.
Encouraging diverse hiring processes allows employers to unlock top talent, particularly as organisations continue to cast their eye towards changing customer demands and the skills required to drive business forwards in future. Therefore, having a workforce that represents the external population is key for getting business right. Stats illustrate the sheer benefit of recruiting a diverse workforce too.
According to Boston Consulting Group (BCG) research, organisations boasting greater diversity among management teams have 19% higher revenue than firms who don’t. Additionally, a whitepaper authored by Cloverpop found that when diverse teams collectively made a business decision, they outperformed individual decision-makers up to 87% of the time. So, it is clear that there are numerous benefits to yielding diverse workforces.
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Like with anything, HR are often eager to spearhead new initiatives and continually improve the working experience that employees are exposed to as they embark on a journey to become a wholly diverse and inclusive employer. One firm who aim to be recognised as a business that “allows everybody to flourish and perform at their best” is HEINEKEN UK.
