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The Business Case for Diversity
September 2008
With the rapidly changing market and workplace, we believe there is a
strong business case for appreciating diversity in the work place.
As an employer of choice, we can summarize this belief in two phrases:
We want to attract and keep the best and the brightest - and we want to
be the provider of choice to keep and expand our customer base.
It's simple; inclusive cultures foster higher employee engagement.
Engaged employees produce results and report higher job satisfaction.
Many people understand the meaning of diversity, but few people
realize the impact diversity has on the bottom line of a
business. According to Gallup Workplace Studies, companies that are
effective in creating an inclusive environment saw remarkable business
advantages when compared with companies that did not.
They saw:
- Customer satisfaction increase by 39%
- Productivity increase by 22%
- Profitability increase by 27%
- Turnover decrease by 22%
Source:
Gallup Workplace Studies
Our workforce is dynamic, innovative and talented. They are our most
critical asset. We want our employees to be engaged, productive, and
satisfied. Valuing and leveraging diversity opens the door to a more
highly engaged workforce, and a more engaged workforce provides a clear
competitive advantage.
An inclusive environment can also be a tremendous source of employee
pride. That type of atmosphere supports risk taking, brings forth
creative ideas, and leads to world-class products and services. All of
which will inevitably contribute to the success of our domestic and
global market share as well as our own increased corporate value.
Think of the alternative: Diversity depreciation. The best and
the brightest employees leave, morale declines,
creativity is stifled, teams shut down, a discriminatory
work environment emerges, exposure to lawsuits
increases, and business value plummets.
This topic and more can be found within our Diversity and Inclusion e-learning
product.
To request more information or for a no-obligation trial of our
products, please email
info@knowledgestart.com or call
toll-free 877.650.0454.
Who We Are
KnowledgeStart is an employee development company which, for the past seven
years, has specialized in online training for its U.S. and global clients.
We are a leading provider of award-winning e-learning programs and platforms
that maximize learning, increase collaboration and retention, and improve
competitive edge. Over the years, we have excelled in
enhancing organizational and individual productivity in topics such as
Diversity and Inclusion,
Generational Differences,
Harassment Prevention,
Business Ethics, and
Substance Abuse Prevention.
KnowledgeStart understands that every decision made by your employees eventually
crosses someone's path somehow and can often have a "ripple effect" across your
entire organization. Even the smallest of decisions can have a BIG impact on
your company and the people around you. Your workplace is an incredibly
inter-connected environment.
Through this understanding and our collective skill sets and experiences with
leading companies, we are proud to deliver innovative approaches to employee
training, compliance, and outcome measurement software.
Visit our website:
http://www.knowledgestart.com
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