Achieving Success By Embracing Diversity

The push for diverse workforces has never been stronger before. Globally, organisations are realising the value that a diverse workforce and an inclusive environment brings to not only the employees, but also to the organisation itself. Diversity drives growth and innovation by bringing in multiple approaches and viewpoints, while an inclusive environment enhances the productivity and well-being of employees. This has resulted in organisations implementing inclusive policies that aim to create a culture of belonging, respect, and equal opportunities for everyone.

Inclusive policies refer to rules, regulations, and practices that aim to create an inclusive and equitable workspace by promoting the participation and well-being of all individuals, regardless of their background, characteristics, or circumstances. These policies are designed to address and lower systemic barriers, discrimination, and social exclusion. This results in everyone enjoying equal opportunities, rights, and access to resources.

The salient benefits of inclusive policies in a workspace are:

Diversity: Inclusive policies ensure that individuals from diverse backgrounds, experiences, and perspectives are represented in the workplace. This diversity brings forth a range of ideas, insights, and approaches, which can lead to increased innovation, creativity, and problem-solving within the organisation.

Equal opportunity: Inclusive policies provide equal opportunities to all employees for skill and career development irrespective of their background by eliminating bias and discrimination.

Enhanced employee morale and engagement: When employees feel respected and included, they are more likely to have higher levels of motivation and engagement with their work. Inclusive policies create a positive work culture where employees feel a sense of belonging and are encouraged to contribute their best.

Increased innovation: Inclusive policies foster a collaborative environment where individuals can bring their diverse perspectives to. This diversity of thought can lead to more innovative solutions by challenging assumptions and encouraging creative problem-solving.

Enhanced reputation and brand image: Companies that prioritise diversity and inclusivity often have a positive reputation and a strong brand image. This leads to increased customer loyalty, more socially conscious consumers, and differentiates the company from its competitors.

Apart from these, encouraging diversity can also make an organisation a more attractive destination for individuals looking out for employment. According to Glassdoor's 2020 Diversity Hiring Survey, 76% of job seekers and employees place emphasis on a diverse and inclusive workspace for their future employment. This is an especially strong sentiment among the younger generation (millennials and Gen-Z). Thus, organisations that encourage/implement inclusive policies attract more high-quality talent as compared to those who don't do so.

On the whole, inclusive policies play a vital role in the success of every organisation, benefiting both the employees and the overall performance of the company. By implementing these, organisations can create an environment that fosters employee well-being, eases talent retention, and results in increased creativity.?

Contact us today to benefit from Able Ventures expertise and rich experience of creating customised HR policies to get your organisation’s inclusive diversity policies created, along with 60+ other policies.