'Resilience and innovation, two key qualities that characterize a diverse and inclusive organization, will be much sought after as companies try to emerge out of the present crisis.'
Since a diverse, equitable and inclusive workplace fosters more innovative and creative teams, a company embracing DE&I would be more resilient to a crisis than a homogenous one. Such workplaces make less biased decisions and produce better ideas for solving problems. Research has revealed that organizations that follow their diversity and inclusion policies even during a crisis are in a much better position to bounce back than their rivals that don’t.
Despite the Covid-19 pandemic and the resultant economic slowdown, diversity and inclusion have remained high on the agenda for most leading companies globally.by the Confederation of British Industry reveals that two-thirds of companies have taken up plans to increase their diversity and inclusion activities in the immediate future beyond 2021. They believe diverse talent will help companies emerge out of the crisis quicker.
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