Do Diverse Teams Perform Better?
"Diversity is the mix. Inclusion is making the mix work." Andres Tapia (Global diversity & inclusion strategist)
There is no doubt that every individual benefits from diversity in the workplace. As part of what we do at Monarch Personnel, we take time to get to know our clients' businesses, cultures, and values. Our experience has shown us that the more diverse the team is, the happier it is and the employees feel safer and employees are willing to go that extra mile to support each other.
A Harvard business review established that "working with people who are different from you may challenge your brain to overcome its stale ways of thinking and sharpen its performance." So do diverse teams perform better?
Here are the three critical ways diversity can help your organisation to perform better.
Better Decision Making
When people from diverse backgrounds work together on projects, it is likely to benefit project outcomes. Research shows that a diverse team will ask more questions of each other and then focus on the facts presented for arriving at answers far more than a team that shares identical characteristics. By constantly focusing on facts and being objective, the team will remain pointed and alert in their decision-making. This will undoubtedly deliver better project outcomes.
Improved Information Processing
There is also evidence to show that the greater the team's diversity, it may alter the way the entire team processes information. This is believed to be because each individual will consider joint decision-making more when team members come from different groups. Once again, this more significant consideration will undoubtedly lead to better outcomes in the decision-making process.
Invention at its Best
For a business to be successful, it needs to remain ahead of its competition and at the forefront of its industry. Part of the Harvard Business Review also highlights the results of a study that demonstrates "that businesses run by culturally diverse leadership teams are far more likely to develop new products than those with homogenous leadership." Here is the link to the Harvard Business Review article – Why Diverse Teams Are Smarter.
Overall by developing a more diverse workplace, you will have a happier, more confident team who will undoubtedly perform better.
If you would like to learn more about how Monarch Personnel and our scientific recruitment methodology can bring diversity to your team, why not sign up for our newsletter to be the first to read any new articles.