Abstract
The diversity in your company or organization will impact its bottom line and the success of your career. McKinsey periodically surveys the diversity of companies and their performance and publishes the results of their findings. The January 2018 report indicated that companies in the top quartile of leadership gender diversity outperformed those in the fourth quartile by 21 percent for profitability. Those in the top quartile for ethnic and cultural diversity outperformed those in the fourth quartile by 33 percent for margin. Many also believe that a diverse company is more adept at competing on a global stage among the many kinds of cultures present around the world.
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Notes
- 1.
McKinsey & Company, Delivering Through Diversity, https://www.mckinsey.com/business-functions/organization/our-insights/delivering-through-diversity
- 2.
Avanade, Microsoft Teams supercharges collaboration for Millenials to Boomers, https://www.avanade.com/en/blogs/avanade-insights/collaboration/microsoft-teams-supercharges-collaboration-for-millennials-to-boomers
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© 2019 Robert Stackowiak
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Stackowiak, R. (2019). Why Diversity Matters. In: Remaining Relevant in Your Tech Career. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3703-8_4
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DOI: https://doi.org/10.1007/978-1-4842-3703-8_4
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Publisher Name: Apress, Berkeley, CA
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