2. Increase creativity.
Teams that include workers from different backgrounds and experiences can come up with more creative ideas and methods of solving problems.
“The more your network includes individuals from different cultural backgrounds, the more you will be creatively stimulated by different ideas and perspectives," according to research by Harvard Business School professor Roy Y.J. Chua. "Importantly, these ideas do not necessarily come from the network members who are culturally different from you.”
Related: How to Leverage Boardroom Diversity for Greater Success
3. Make recruitment easier.
Competition is fierce for the most talented workers. Research indicates that diversity can help you recruit top talent. In a recent Glassdoor survey, two-thirds of the people polled said that diversity was important to them when evaluating companies and job offers.
No matter whom you’re recruiting a position, the data says they’re likely to welcome joinining a diverse workforce. In addition, if you make an effort to recruit a wide variety of candidates -- not just those who went to the local college or who match the ethnicity of the rest of your staff -- your company is more likely to hire the best and the brightest in the labor market.
Talent is vital to improving the bottom line in an increasingly competitive economy, so you’ll do your company a favor by selecting employees from the largest and most diverse set of candidates. And with a diverse workforce, your candidates will be more likely to accept your job offers. It’s a beneficial cycle.