In 2015, McKinsey published the report “Why Diversity Matters”. The research revealed “…  a statistically significant relationship between a more diverse leadership team and better financial performance. 

• Companies in the top quartile of gender diversity were 15% more likely to have financial returns above their national industry median.
• Companies in the top quartile of racial/ethnic diversity were 35% more likely to have financial returns above their national industry median.
• Companies in the bottom quartile for both gender and ethnicity/race were statistically less likely to achieve above-average financial returns than the average companies in the dataset (that is, they were not just not leading, they were lagging)”.
  

  (McKinsey, “Why Diversity Matters”, 2015. P. 5).

The consequences of not having a DEI policy and strategy can be significant and include financial losses, decreased human capital, and loss of customers. It can restrict the potential for products to reach a diverse consumer base, hinder the loyalty-building process, repel potential employees and candidates, and impede productivity. 

The evidence is now conclusive- DEI Strategies allow companies to attract top talent, increase employee engagement and facilitate the decision making process — factors that result in a better financial return.

Unify360 can assit you in developing and evolving all elements of your DEI infrastructure.