How Diversity Delivers on ROI, Employee Engagement

By Dennis McCafferty  |  Posted 12-03-2013 Email

CIOs and other executives who shrug off diversity are missing out on both business and employee-engagement opportunities, according to a recent survey from Korn Ferry. In the past, some naysayers might have dismissed diversity initiatives as "politically correct nonsense," but corporations are expanding into new global markets every day, and an eclectic range of employee backgrounds and interests are needed to make a successful transition. A diverse workforce also produces competitive advantages for a company, including a variety of points of view and higher-performing teams. While the Korn Ferry survey results are generally positive, they do indicate that a great number of organizations fail to directly tie diversity-based managerial goals to compensation, which is an essential step for any meaningful advancements to take place. "We are encouraged that executives recognize that having a diverse and inclusive workplace gives them a strategic advantage in the marketplace," says Oris Stuart, a senior partner at Korn Ferry Leadership and Talent Consulting. "At the same time, there's work to do in holding managers and leaders accountable and creating incentives." More than 400 executives participated in the research. Also included in this feature are four best practices to increase your IT department's diversity, according to research from and For more about the survey, click here.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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