A lesson to be learnt from Dussehra
It was Rama’s diverse team (Vanar’s, Bears, Garuda’s, Men and Gods) which conquered evil, created history, and crafted the great epic. It is a very clear indication to the Corporate World – celebrate diversity and encourage inclusivity in teams!!
A McKinsey research states that racially and ethnically diverse Organizations are 35% more likely to have financial results above National industry medians, and the figure stands at 15% for gender diverse companies. Age, sexual orientation, and global mindsets all enhance diversity.
Despite the evidence, even the most progressive companies fail in this respect. A SHRM report noted that 41% managers are “too busy” to implement diversity initiatives.
Organisations will have to be intentional about diversity, mindful of the benefits, and prepared for the challenges. Hiring diverse talent will need to be backed up by creating an inclusive climate. This is where HR Consulting plays a critical role in shaping the right foundation.
We will have to do away with “fixed notions” and be more flexible and open to spot the talent we need. Organisations will then need to innovate the processes and flex the culture to create a diverse and inclusive Organization. Expert Recruitment strategies ensure that the right diverse talent enters the pipeline from the start. Diversity delivers more perspectives, higher innovation, more discussion and sounder decisions.
The road is tough, but the destination is profitable.
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