Part 2 of 4 Parts

Inclusivity proponents report that inclusive cultures aid financial performance, recruiting, decision making, employee retention and public image. 

• McKinsey in their Diversity Wins study of more than 1,000 companies across fifteen countries showed the most diverse executive teams were 21% more profitable than executive teams in the fourth quartile of diversity.  Companies ranked in the top quartile of diversity were 36% more profitable than companies in the fourth quartile.

• Above average diversity in leadership teams, according to the Boston Consulting Group analysis, showed 19% more revenue from innovations than teams with below average diversity.

• The Deloitte Global 2022 Gen Z & Millennial Survey revealed that this group of employees valued diversity and inclusion in the work environment.  The survey also showed that Gen Z and millennials might refuse to work in cultures that were not consistent with their personal values.

• Inclusive cultures may also contribute to retention.  The CNBC/SurveyMonkey Workforce Happiness Index found that 78% of employees believe it is important to work for a company that prioritizes inclusivity.

• Eighty-two percent of employees in a LinkedIn Employment Survey of 2023 said it was important to work for a company culture that aligned with their values.

Part 3 addresses concerns with inclusivity practices.