Firms that make diversity and inclusion practices part of their overall strategy may perform better financially.
The research of Professor Alison Konrad; Assistant Professor Cara Maurer; and Yang Yang, an assistant professor of management at the Rohrer College of Business at Rowan University, looks at how Canadian firms have been tackling diversity and what approaches pay off.
The researchers found firms that go further with diversity practices and include diversity in their missions or vision statements or have diversity experts on staff may build a better talent base.
“There’s a very important role for business in building opportunities for everyone and for building diversity and inclusion,” said Konrad.
