Diversity: the secret ingredient of success!

How important is diversity for your business? A question that any single entrepreneur should ask when starting a company. Nowadays it is quite common to hear companies saying out loud that they have a diversity policy regarding their people and teams. Though, I must say that too many times this is just a branding campaign made convey a message of “respect” by diversity to its key stakeholders. But, in some countries there are quotas ( a minimum percentage) that companies must fulfill regarding certain factors of discrimination, like gender or ethnicity. Nevertheless, a quota is just a quota, and unfortunately it does not change mentalities or real discrimination! Howsoever, it is some times the only way to achieve equal treatment and opportunity to everybody!

A more interesting approach to diversity can only happen after the acknowledgment of its positiveness toward human kind’s evolution. In my point of view, it is amazingly important what a company, a business, can gain with a strong and real diversity policy. However, for this to be truly accomplished, the Human Resources Department (aka People Department aka Human Capital Department aka other any name used for the department running the department related to everything related to people) should have a seat at the board of directors, the place where every single corporate and business strategy is discussed. Why? Well, how can a company define a business strategy without having a serious and well done analysis on the needs and impacts of it on the company’s most precious “asset”, its people? It is, in my viewpoint, impossible to define and implement a business strategy without having the responsible for the people strategy seated at the Board’s table discussing and brainstorming on the company’s key issues. I am leaving this subject for another post or posts, due to the complexity of the subject! I am now more interested in discussing a more specific subject: how can diversity be faced as a competitive advantage for your business? I have written about non-regular factors of competitiveness like happiness, sense of humor, motivation, or people in  general. I am here today to discuss diversity as a factor of competitiveness! How can it work? Well, let’s start by explaining what diversity means to me, it means people with different: cultural background, gender, ethnicity, sexual orientation, religion, or demographics. Although, my definition is not a scientific one, it is the way I perceived reality! Reality is full of differences, people absorb that differences, becoming different themselves! Globalization brought together people from different regions, countries, continents. People with different ways of living, believes or faiths. People with different social, cultural, educational, religious backgrounds, that are mixing and evolving together and generating an enriched melting pot full of diversity! These richness can and should be used by companies and organizations in a positive and inclusive way! Companies should be the privileged place where the melting pot happens, and grow! Why? Because diversity, in this sense, can help finding new ways of working, new ideas, innovation, new experiences, new approaches, …! An old saying says: Two heads think better than one! I would like to add that two “different” heads can make miracles! Creativity and innovation are boosted through diversity, and a company can gain a lot by having a diversity policy! Even us, mere human beings, can profit from the interaction with diversity, people from different backgrounds and ethnicities. However, to do so, companies and people must have an open-mind and a true respect by other’s opinions and believes.

Myself, I have learned a lot by interacting with people with different ethnicities, and cultural and religious backgrounds! I have seen the melting pot in action, and I must say that it is amazing the high level results companies can achieve if working with diversity!