Diversity: From ‘Nice-To-Have’ To Business Imperative
February 20, 2017
By FTI Consulting
Not all that long ago, it was a fight to get diversity and inclusion onto the radar of many senior executives. Now, 127 world-leading companies, including Apple, Google, Intel, Microsoft, Facebook and Netflix are fighting Donald Trump’s attempt to impose a travel ban. These companies see their talent pool as the world. Anything that diminishes their access to that global resource is a potent threat to their continuing success.
Jeff Bezos, Amazon’s chief executive said “We’re a nation of immigrants whose diverse backgrounds, ideas and points of view have helped us build and invent as a nation for over 240 years.” JP Morgan reassured employees that diversity sits at the heart of their business: “We understand that our country, economy and wellbeing are strengthened by the rich diversity of the world around us, where we are dedicated to serving customers and communities in more than 100 countries every day.”
The reliance on diversity and inclusion to create an innovative culture – and ultimately drive performance – has never been so pronounced. James and Lachlan Murdoch stated “As a company that is driven by creativity and innovation, we recognize the unique perspective offered by our many people who came to the U.S. in search of the opportunity for unfettered self-expression. “Apple’s CEO Tim Cook wrote “Apple would not exist without immigration, let alone thrive and innovate the way we do”.
At FTI Consulting, as a committed meritocracy, we share the belief that diversity is not a burden or an obligation, it’s a massive benefit and a huge opportunity. Inclusion brings that diverse workforce together and realises its collective benefit for your business. In our work across a range of industry sectors and geographies, we see there is often still work to be done. We help our clients develop organisational cultures that fully express their willing embrace of diversity and inclusion.
That means looking at recruitment, selection and promotion, policies and procedures, personal and professional development, leadership and management development – and at how to work effectively across different cultures.
The views expressed herein are those of the author(s) and not necessarily the views of FTI Consulting LLP, its management, its subsidiaries, its affiliates, or its other professionals, members or employees.