companies to plan their D & I implementation . A report by McKinsey & Co examining D & I across a range of industries in North America , South America and the UK found that , in general , the more diverse a company ’ s hiring policy , the more successful it was overall . The organisation theorised that a greater incidence of innovation was also the logical conclusion of superior D & I practices . “ The more diverse companies , we believe , are better able to win top talent and improve their customer orientation , employee satisfaction , and decision making , and all that leads to a virtuous cycle of increasing returns ,” the report said . Among McKinsey & Co ’ s findings was the apparent correlation between diversity and profits : companies in the top 25 % for workforce diversity were 35 % more likely to have higher revenues than other companies in the same industry , with the inverse ( less diversity resulting in less-than-average revenue ) also appearing to be true .
Innovation , which intrinsically relies on fresh ideas and perspectives
39 asia . businesschief . com