Acknowledging the importance of cultural diversity but also a diversity of thought among teams has played a pivotal role in unlocking business success. The stats back this up.
According to research from Boston Consulting Group (BCG), organisations boasting greater diversity among management teams enjoy 19% higher revenue than firms who don’t. Additionally, a whitepaper authored by Cloverpop found that when diverse teams collectively made business decisions, they outperformed individual decision-makers up to 87% of the time. Therefore, the stats demonstrate not only the importance of having a diverse workforce, but the benefit too.
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