Business owners are more likely to improve their bottom line if they promote an inclusive and diverse workplaces culture, a newly published study by the Victorian Equal Opportunity and Human Rights Commission has found.
Conducted by the Victorian Equal Opportunity and Human Rights Commission (VEOHRC), in partnership with Deloitte, the study found that employee innovation levels increased by 83 per cent when said employees felt included in the workplace.
The report, which surveyed 1550 employees in three major Australian workplaces, also indicated that when diversity is recognised and employees feel included they have a better responsiveness to changing customer needs.
Deloitte spokesperson Alec Bashinsky says the results showed the real value of cultural diversity and inclusiveness in workplaces.
“The results show that there are clear economic benefits from recognising cultural diversity,” Bashinsky explains. “By being more inclusive and supporting workplace diversity, you can create an environment where innovation and a different way of thinking are brought to the table by employees with culturally diverse backgrounds.”
The research supports international studies which have found that diverse teams are better able to solve complex problems, exhibit a higher level of creativity and a broader thought process.
The survey was produced to promote The Scanlon Foundation’s A Taste of Harmony, a week-long event that celebrates cultural diversity in the workplace and gives businesses the opportunity to recognise and celebrate their cultural diversity and bring employees together. For more information on A Taste of Harmony, which takes place from March 18-24, visit www.tasteofharmony.org.au.
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