Recent McKinsey research suggests the business case for diversity is stronger than ever. And, if bottom-line impact is your primary metric, data from 1000 large companies, in 15 countries, say the link between diversity on executive teams and financial outperformance is indisputably evident.
The greater the diverse representation, the higher the likelihood of outperformance. That means your company’s profit picture is likely to be healthier if your leadership team is diverse in terms of race, gender, ethnicity, and other dimensions of cultural diversity.
If your company’s efforts to build a diverse organization, including at the level of the executive team, are lagging behind, it’s time to step up your game and make visible progress, at all levels. Your business needs the benefit of diverse perspectives, if you want to compete and win.