Diversity and inclusion prevents innovation lag. With the changing consumer population and the impending entrance of Gen Z in the workplace, companies must adapt to disruptive innovation.
There is a significant correlation between diversity and
performance. Companies in the top 25th percentile for gender
diversity on their executive teams are 21% more likely to
experience above-average profits. Companies with above-average diversity on their leadership teams report a greater payoff from from innovation and higher EBIT margins.
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