By Melissa Pugash and Margaret Swallow
“Diversity matters because we increasingly live in a global world that has become deeply interconnected. It should come as no surprise that more diverse companies and institutions are achieving better performance. Most organizations, including [ours], have work to do in taking full advantage of the opportunity that a more diverse leadership team represents, and, in particular, more work to do on the talent pipeline: attracting, developing, mentoring, sponsoring, and retaining the next generations of global leaders at all levels.
“Given the increasing returns that diversity is expected to bring, it is better to invest now, as winners will pull further ahead and laggards will fall further behind.”
Source: Diversity Matters*
Whether you are a wholesale roaster, café chain operator, importer, exporter, grower or supplier of allied goods and services, diversity is important to your business.
Research shows that the definition of diversity is changing and that there is an intergenerational difference – what diversity means to a Millennial is quite different from what it means to a Baby Boomer.
But how do you go about implementing the best team building practices in your own company?