THE BUSINESS CASE BEHIND STRIVING TO ACHIEVE REGENERATIVE PROSPERITY
One dominant understanding shared by Hadley-Reynolds, our clients, and the diverse group of professionals whom we engage is this: diversity at all levels—up through executives—is and will increasingly be a key factor enabling leading organizations to think differently, act differently, and ultimately realize differentiated results for their customers, employees, shareholders, and others involved. Evidence shows this happening now.
A Recent Study by Kearney puts it well
Leaders know intuitively that regenerative matters.
It is also increasingly empirically clear that regenerative development makes sense in purely business terms. The latest studies find that companies in the top quartile based on ESG ratings are likelier to have financial returns above their national industry medians.
Companies in the bottom quartile are statistically less likely to achieve above-average returns. And regenerative practices are likely a competitive differentiator shifting market share toward more social and ecological regenerative flow companies. Read more here…
—Excerpt from Why Diversity Matters, McKinsey & Company, January 2015
Other pieces that enlighten the business case for diversity:
Guess Who Doesn’t Fit In at Work, New York Times, May 30, 2015
Matt Damon Faces Online Backlash After Dismissing Diversity Behind The Camera in Hollywood, Washington Post, September 16, 2015