A POWER OF A DIVERSE LEADERSHIP TEAM; And Its Comprehensive Benefits to an Organization.

Leadership Diversity or a Diverse Leadership team means having a management team of different individuals who hail from different backgrounds. This can be with regard to race, ethnicity, gender, sexual orientation, socio-economic status, age, physical abilities, religious beliefs, political beliefs, or other ideologies. Every company aims at delivering the best possible service to their clients and customers. Providing equal opportunity to the workforce and hiring and managing a diverse team is essential to reach this goal and provide the company with maximum benefits.The Benefits of having a diverse leadership team is not just impactful to your clients and investors; it also improves the company’s profile and provides an improvement for both, internal and external processes. Here are a few examples of how leadership diversity is beneficial.

1.????Greater Depth of Experience and Perspective.

A diverse leadership group will bring a greater amount of experience, both personal and professional as well as provide for a diversity of thought. ?Diversity in the leadership team implies more lived experiences and backgrounds being reflected in how an organization and culture is shaped which equates for different insights and access to a different set of cultural and personal experience. This allows for an opportunity to develop ideas that cover a broader demographic. This in turn will allow for a greater ability to connect with and relate to employees, clients, prospective clients as well as investors.

2.????Wider Range of Skillsets and More Innovation.

Some skills are taught by training and experience while others are taught by culture and experience. When a company hires a diverse group of managers, they also get different skill sets, education, knowledge, and backgrounds. A cohesive and diverse leadership team allows for open minded members to have open and candid conversations from different vantage points that can help organizations boost innovation, attract talent, and can appeal to inclusion-focused customers.

3.????A Sense of Trust and Psychological Safety in the Company.

A diverse leadership helps in empowering the team and other employees in the company. It provides employees with a sense of comfort, trust as well as representation. Most employees feel a more meaningful kinship if they see themselves represented in leadership and this, and in turn will foster a better relationship between the company and its employees. It might also inspire other employees to work harder and perform better to climb the corporate ladder. Women leadership can also help other women employees feel safer and psychologically more at ease.

4.????Inclusive Perspectives and Decisions.

A more inclusive team will bring different perspectives to the table that allows for everyone on the team to see a situation from multiple angles so that they can make better informed decisions. In times of challenges, uncertainty and change, collective intelligence is the key to decision making. A more diverse leadership team will bring a wider kaleidoscopic range of perspectives and insights to the discussion. These insights can be based off their own personal gender, culture, religion, race, generational, technological, professional, and sexual diversity. This will guarantee a unique and inclusive decision-making process.

5.????Increased Awareness and an Advanced Company Culture.

When a company has a more diverse leadership team, it helps increase the awareness of the landscape an organization must navigate. This could be in the form of cultural sensitivity, employee needs, customer experiences, social impact, global opportunities etc. This will also lead to a more cohesive workplace and help recruit new employees feel safe and included in the company. They will also propagate this positive and cohesive atmosphere outside of the company.

6.????A Higher Possibility of Positive Change.

A diverse leadership will create representation, inclusion, cultural sensitivity, a feeling of belongingness as well as personal and professional growth. Diversity in a company will lead to a more well informed and well agreed upon decisions being made which sets into motion more positive and impactful changes.

To sum it up, DEI (Diversity Equity & Inclusion) is always going to be an important aspect of any organization. Having a diverse leadership provides a company and its employees with an insurmountable number of benefits. A workplace that prioritizes diversity and representation will teach employees the importance of respect and inclusion regardless of background.

The Importance of Diversity is well displayed by a quote from Justin Trudeau, “Diversity is the engine of invention. It generates creativity that enriches the world.”