Diversity in the workforce is proven to make companies more innovative. It heightens creative problem-solving capabilities, because diversity brings a broader set of experience and solution paradigms to bear. It’s a critical component of a healthy team, especially in our current context—the fourth industrial revolution, in the middle of a pandemic. More than ever, companies need to be equipped to solve problems innovatively and effectively.
A significant portion of America’s workforce remains non-diverse. Data from HR consulting firm Mercer found 64 percent of entry level corporate positions were white, a number that jumped to 85 percent among the executive ranks.