Having a diverse workforce is a competitive advantage…
AND – it can be a genuine asset for when you come to sell your business.
A diverse workforce (in all its forms) isn’t just about ticking boxes; there are real, tangible benefits which can boost your business value and make it more attractive to potential buyers.
> Enhanced innovation. Why? Because a diverse workforce brings together different perspectives, experiences, and ideas. There’s an IT consultancy Auticon, which actively employs people on the autism spectrum. In this instance, neuro-diversity is seen as a strength for their clients.
> Better decision making. A broader range of perspectives and ideas equals a higher quality outcome over time. Meaning improved performance, which will set you apart from competitors.
> Expanded talent pool. Diversity in your company gives you a wider set of capabilities and a higher skilled team.
> Reputation. Being known in the industry and among customers, partners, and investors for a commitment to diversity will increasingly translate into recognition, customer loyalty and higher valuations when it comes time to sell.
> Compliance. Along with making business and ethical sense, there are plenty of regulatory and legal considerations when building and scaling a team. This is an ever-changing landscape and one you need covered.