Inner Strength: Promote From Within As You Develop A Diverse Leadership Team

Numerous studies have substantiated the view that diversity and inclusion are advantageous to organizations. According to a McKinsey study, companies that enjoy diversity are 35% more likely to outperform competitors and have a 25% greater likelihood of being more profitable. A recent Bank of America Global Research report found that a lack of diversity and inclusion costs companies in foregone economic output, resulting from less innovation, weaker revenues and cash flows, and lower employee retention. Diversity and inclusion promotes diverse ideas, thoughts and perspectives in viewing various issues. An environment that’s rich in varied viewpoints tends to produce superior solutions ...

This content is an exclusive benefit for TRSA members.

If you’re a member, log in and you’ll get immediate access.

If you are not yet a TRSA member, please join today to get access to this content and much more. You can also contact TRSA at 877.770.9274.

Join