diversity is the solution, not a problem to solve
TRANSCRIPT
Diversity is the solution, not a problem to solve
The Diversity Project, June 2018
Co
nte
nts
1. Diverse businesses create better
2. Diverse businesses create
better business returns
3. Diverse teams are more innovative
priority improve their reputation and brand
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Fostering inclusive and more diverse workplaces can play an important role in addressing some of the most important business issues, including creating better outcomes for customers; increasing innovation; helping to attract and retain talent; enhancing reputation and brand; and ultimately generating higher returns.
1. Diverse businesses create better outcomes
2. Diverse businesses create better business returns
3. Diverse teams are more innovative and create
5. Firms who have diversity and inclusion as a business priority improve their reputation and brand A focus on diversity makes a positive impact upon
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on market opportunities, due to diverse contributors better 1
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of websites, brochures, and other assets.4
customer preferences.5
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1. Diverse businesses create better outcomes for customers
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2. Diverse businesses create better business returns
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three or more women board directors.5
the appointment of more women.
women on the board improves performance on corporate and
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and diverse boards of directors perform better.11
Ethnic and cultural
diversity
33%
outperformance 2
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3. Diverse teams are more innovative and create more value
their efforts.1
pursuit of different and innovative approaches.1
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perform a wide variety of tasks.4
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Power-of-Diversity-v2.pdf
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attract new business.11
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82%
of respondents believe diversity develops new products
¼½of these
believe it led to products for only new customers
believe both new and existing customers3
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seekers say a diverse workforce is an important factor when
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diversity in teams was associated with superior adherence
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5. Firms who have diversity and inclusion as a business priority improve their reputation and brand
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• PwC research showed that compared to research in other
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Sources
How diversity can drive innovation, HBR
When women thrive, Mercer
4 ways diverse teams can boost an employer’s brand, Entrepreneur
Women in advice, State Streetin-advice.pdf
Breaking the mirror image, Pensions and Lifetimes Savings Association,
Delivering through diversity, McKinseydiversity
The impact of gender diversity on the performance of business teams, Harvard Kennedy School,
http://
Assembling a dream team – how gender diversity can strengthen your team, Credit Suisse https://
https://www.independent.co.uk/news/business/news/
http://
http://www.chabris.com/
Demography and diversity in organisations, Williams & O’Reilley
Gender diversity and corporate performance, Credit Suisse
Unleashing the Power of Diversity, The City of London,
Gender diversity in investment management, CFA
Magnet for talent – Managing diversity as a reputational risk and business opportunity, PwC, https://www.pwc.co.uk/human-
http://
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Contacts
Helena MorrisseyDiversity Project [email protected]
Jon TerryPwC, [email protected]
Katy BennettPwC, [email protected]
Lucinda MillerPwC, Senior [email protected]
Liz McCloskeyPwC, FS Marketing Senior [email protected]
www.pwc.co.uk www.diversityproject.com