Much evidence has emerged in the past decade to suggest that having an organisational culture that embraces a diverse workforce can significantly enhance business performance.
This happens in a number of ways; for example, having a diverse workforce helps organisations understand and respond better to diverse customer needs, and opens the possibility of new and emerging markets.
Bringing people together from different backgrounds and experiences introduces diverse perspectives and can spark new ideas.
Research has shown that these factors can improve quality of decisions.
In addition, high-calibre job applicants - particularly women and people from minority groups - are often more attracted to organisations that have a good track record for supporting diversity, so having an active diversity strategy can increase the pool from which employers can recruit.