Diversity is essential for innovation
A Harvard Business Review study, “How Diversity Can Drive Innovation,” revealed that companies with 2-D diversity not only innovate but also outperform others. The employees in these companies are 45% likely to report that their firm’s market share grew over the previous year and 70% likely to report that the firm captured a new market. These findings offer a promising outlook on the potential benefits of diversity in your workplace.
What is 2-D diversity?
Through a comprehensive analysis of around 1,800 professionals, 40 case studies, and numerous focus groups and interviews, we examined two types of diversity: inherent and acquired.
Inherent diversity: traits you are born with, such as gender, ethnicity, and sexual orientation.
Acquired diversity: traits you gain from experience. For instance, working in another country can help you appreciate cultural differences.
When company leaders embody at least three inherent and three acquired diversity traits, we refer to this as dynamic and enriching two-dimensional (2-D) diversity.
The journey to foster workplace diversity is ongoing and multifaceted, and at Unite, we’re committed to driving continuous effort, education, and inclusivity at every level of the organisation.
