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The business case for commitment to diversity

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Does an organization's commitment to diversity--as reflected by CEO commitment, human capital, corporate communications (internal and external), and supplier diversity--result in competitive advantage and superior financial performance? Diversity can bring new voices and perspectives into the strategy dialogue, help managers understand and address the needs of a demographically diverse customer base, and stimulate a wider range of creative decision alternatives. However, the anticipated benefits of corporate diversity efforts may also be accompanied by costs that can affect shareholder wealth. In a study comparing the financial performance of the DiversityInc Top 50 Companies for Diversity to a matched sample, we find evidence that firms with a strong commitment to diversity outperform their peers on average. For commitment to diversity to become ingrained in corporate culture there must be visible and ongoing support from senior management, a clear articulation of the business case for diversity, line manager accountability, and training programs directed at communications, conflict resolution, and team building."

【書誌情報】

ページ数:9ページ

サイズ:A4

商品番号:HBSP-BH276

発行日:2008/5/15

登録日:2008/8/25

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