Diversity & Inclusion is still a topic at the forefront of many organisational conversations. People are wanting to see more of a focus on bridging any gaps that there may be as well as providing an environment for equality. If you are a business proactively looking to improve or implement a DEI strategy, the below statistics are for you.
1. 71% of people feel that while organisations talk about diversity, opportunities are not equal for all
An alarming statistic considering, according to Coqual, 45% of CEO’s consider diversity and inclusion as very important. Whether this is due to communication, practical implementation or expectations, there is a clear discord between thoughts and perceived actions.
3. Companies with above-average diversity generated a 45% larger share of revenue from innovation
(Levine & Thought Leaders, 2020)
There is not just an intrinsic value of promoting diversity and inclusion but also a profit value. Companies where they are serious about providing equality are leaps and bounds ahead of their competitors. They are benefiting from the inevitable varied points of view in their teams and utilising this as a competitive advantage.
4. Women make up 25% of C-level executives at the top 1000 US companies (by revenue)
Whilst this figure is rising, women still appear to be under represented in the board room. There are many contributing factors that have been outlined as potential barriers but in order to really affect the imbalance, leadership needs to be listening.
5. The younger generation are less likely to believe women and men can be equally capable as leaders
This statistic compared the views of the millennial and Gen Z generational values (18-34 year olds) against older generations. They found that only 72% of the younger generation feel that men and women are equally suitable to be leaders. Stunned by the findings, the report commented that this may be due to the pandemic: “Historically, in times of crisis, stereotypes can be seen to endure, and 2020 is no different”.
