New Research Reveals Three New Strategies for Business Success by Focusing on Diversity & Inclusion
Great Place to Work®, the global authority on workplace culture, has just published a new report that reveals the three previously hidden areas where companies can succeed by prioritizing its efforts around diversity and inclusion.
In Hidden Pieces of the D&I Puzzle, the data scientists and researchers from Great Place to Work explain how companies of any size can take diversity and inclusion into the future. By analyzing 14 years of data collected from responses to Great Place to Work's Trust Index© survey, representing nearly 4 million employees from 1,672 U.S. companies, the researchers discovered some surprising trends that tied a company's success to its D&I initiatives.
The report shows how diversity and inclusion (D&I) plays a crucial role in:
- Helping companies thrive during a recession
- How restructurings and re-organizations are critical moments to preserve and improve equity
- When employees decline to reveal their full selves, a business can't run at full strength
Additionally, by using Great Place to Work's data, researchers at The Wharton School and Harvard Business School analyzed employees' workplace experiences based on their race and gender. They found something striking:
Gaps in employee experiences grow in companies that engage in corporate restructuring, specifically mergers and acquisitions, divestitures, and layoffs. In fact, companies that engage in one or more of these activities typically have a gap 45% larger than companies that did not restructure.
Hidden Pieces of the D&I Puzzle can be downloaded for free at greatplacetowork.com.
The research report, data analysis, and other findings will be discussed in greater detail at a closed-door D&I Forum, which will be one event at the Great Place to Work For All Summittm, scheduled for March 3-5, 2020 at the San Francisco Marriott Marquis. For additional information, please email [email protected].
About the Great Place to Work For All Summit
The?Great Place to Work For All Summit?assembles executive leaders from the Best Workplaces,?including?Fortune's?100 Best Companies to Work For, Great Place to Work-Certified organizations, and companies?embarking on their workplace journey.?Its mission is to share best practices for creating and championing high-trust cultures that are better for business, better for people, and better for the world.
About Great Place to Work
Great Place to Work® is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees around the world and uses those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, its culture management platform, empowers leaders with the surveys, real-time reporting, and insights needed to make data-driven people decisions. Great Place to Work's unparalleled benchmark data is used to recognize Great Place to Work-Certified® companies and the Best Workplaces in the U.S. and more than 60 countries, including the 100 Best Companies to Work For® and World's Best Workplaces list published annually by Fortune. Everything it does is driven by the mission to build a better world by helping every organization become a Great Place to Work For All®.
To learn more, visit greaplacetowork.com, listen to the podcast Better by Great Place to Work, and read "A Great Place to Work for All." Join the community on LinkedIn, Twitter, and Instagram.
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