Home | Level 6 Award in Leading Organisational Equality and Diversity: Cultivating Inclusive Culture
Creating a Culture of Inclusion: Level 6 Award in Leading Organisational Equality and Diversity
In today's rapidly changing world, creating a culture of inclusion is more important than ever. Organizations that embrace diversity and foster an inclusive environment are not only more successful, but also more innovative and resilient. The Level 6 Award in Leading Organisational Equality and Diversity is a powerful tool for leaders who want to drive positive change within their organizations.
Let's delve into the realm of creating a culture of inclusion armed with crucial data and statistics that highlight the importance of organizational equality and diversity.
1. Diversity Drives Innovation
According to a study by McKinsey & Company, companies in the top quartile for gender diversity are 15% more likely to have financial returns above their respective national industry medians. Additionally, companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians.
2. Inclusive Workplaces Boost Employee Engagement
Research from Deloitte found that inclusive workplaces are 6 times more likely to be innovative and agile, 2.3 times more likely to meet or exceed financial targets, and 2.3 times more likely to be high-performing.
3. Diversity Leads to Better Decision Making
A study by Cloverpop found that diverse teams make better decisions 87% of the time compared to individual decision makers. This is because diverse teams bring different perspectives and experiences to the table, leading to more well-rounded and thoughtful decisions.
4. Inclusive Organizations Attract Top Talent
A survey by Glassdoor revealed that 67% of job seekers consider diversity an important factor when evaluating companies and job offers. Inclusive organizations are more likely to attract top talent and retain employees, leading to a more diverse and skilled workforce.
5. Diversity and Inclusion Drive Business Growth
A report by the Boston Consulting Group found that companies with more diverse management teams have 19% higher revenue due to innovation. Additionally, companies with diverse leadership teams report a 45% increase in market share over the previous year.
In conclusion, creating a culture of inclusion is not only the right thing to do, but it also makes good business sense. The Level 6 Award in Leading Organisational Equality and Diversity equips leaders with the knowledge and skills to drive positive change within their organizations, leading to increased innovation, employee engagement, and business growth.
Source of data: McKinsey & Company, Deloitte, Cloverpop, Glassdoor, Boston Consulting Group.
