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Inclusion & Diversity in Company Culture, Which One is More Important?

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When a diverse group of people coming together to accomplish missions that they cannot do alone, It’s time for business to deal with inclusion and diversity in company culture.

 

 

Inclusion in Company Culture

Some businesses find it hard to actively harmonize employees’ ideas, knowledge, perspectives, approaches, and styles to maximize business success. 

As the reality is that, constant change is the new business normal, it motivates companies to take inclusion seriously. This is due to changes in workforce, market trends, etc. that would directly impact business outcome.

Companies that rely heavily on the diversity of the teams seem to forget about the fact that simply throwing a mix of people together doesn’t guarantee high performance. In this case, it often requires inclusive leadership that assures all team members feel they are treated respectfully and fairly, are valued and sense that they belong, and are confident and inspired.

Diversity in Company Culture

Diversity usually means putting together people of different genders, races, ethnicities, cultures, ages, work backgrounds, cognitive structures and more. And from a business’s perspective, that could be where the richness of creativity comes from.

Diversity in company culture encompasses everything that the organization does and everybody in it, and is essentially a system made up of various components, including goals, processes and incentives, that are designed to optimize operational effectiveness. 

James Miles, Managing Director of RGF Executive Search Singapore, gives his take on its importance: 

“Company culture influences everything and everyone. A well-developed company culture brings positive changes across the organization and is becoming increasingly important in the modern workplace, which is continually evolving.

A strong and positive company culture can impact key areas such as retention and talent attraction. When you create a great workplace that allows your employees to satisfy their needs and gives them a true sense of ownership, they won’t want to leave.” 

He also highlights the critical role of company culture in attracting the millennial who are driving industry growth, as this cohort of workers seek much more than just financial rewards from their employers.

Read more about: How to cultivate a positive company culture