Organizations with inclusive cultures are twice as likely to meet or exceed financial targets, according to new research from Deloitte — yet only 12 percent of companies around the world have a fully mature inclusion and diversity model.
Organizations that express a commitment to inclusion were found to have other positive outcomes, in addition to financial performance, including being six times more likely to be innovative and to anticipate and respond effectively to change.
The company’s research identified six principles that can create a strong culture of inclusion and diversity, including treating the evolution of diversity and inclusion in the workplace as being business-critical, instead of focused on compliance; integrating demographic diversity and diversity of thought into all talent management practices; and creating accountability by sharing inclusion and diversity activity-related measurements and their impact.
Learn more about Deloitte’s survey, which involved 245 global organizations, in this description of its survey findings.