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Diversity Matters - Fitting In Or Standing Out
Human Capital
|August 2018
Diversity is, in fact, the new normal. And, this normal works to promote a more creative environment as well. Studies show that racially diverse teams outperform non-diverse ones by 35%, and teams, where men and women are considered equal, create 41% more revenue.
Mesmerised by the grandeur of FIFA 2018, I watched "Remember the Titans," a Hollywood movie based on the real-life events of Herman Boone, an African-American football coach in the early 70s, who brought together ethnic black and white players to create a world-class American football team. The movie conveys one impactful message - the essence of diversity is in its visible outcomes.
It is important for companies to consider aspects of diversity while building teams for projects. A team in which no member is willing to take risks is far from ideal, as also a team where every member is a risktaker. Every person is unique and dissimilar from the other; be it gender, race, age, religion, sexual orientation, gender, physical ability, or even personal beliefs and attitude. Oxford dictionary defines diversity as, "the state of being diverse" or "a range of different things." We, in the corporate world, fail to believe or do not pay attention to the fact that the "range of different things" is not limited to an employee's gender, race, religion, caste, disabilities or even sexual orientation. Although, these are important and most commonly discussed aspects of diversity; people may reflect diversity in terms of personality types (introvert or extrovert), attitudes, values, family background, and, the willingness to take risks.
Inclusion
This story is from the August 2018 edition of Human Capital.
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