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3 ways your business can benefit from DEI implementation
May 24, 2021 at 7:00 AM
Two colleagues working on a project with a laptop and PC in front of them, an example DEI implementation optimizing performane.

The world is changing for the better, and we have no choice but to adapt. However, adapting to changing times can feel like trying to accelerate evolution. If you’re unsure how to do your part and adapt, diversity, equity, and inclusion (DEI) implementation is a necessary entry point. Luckily, at Nineteen88 Strategies, we collaborate with clients to help them realize growth and aspirations they never thought possible. Unlike competitors, we have decades of executive experience enabling clients to enact unrivaled, meaningful change.

Here are 3 ways DEI implementation benefits businesses:

1. Diverse businesses perform better

A major benefit of DEI implementation is enhanced overall performance. Diverse teams generally perform better and are far more productive than non-diverse counterparts. Lack of diversity has a profound and tangible impact on your bottom line.

People from different walks of life can conflate experiences to get a fuller picture of each issue and problem that arises. Without diversity, equity, or inclusion, you’re hobbled by a singular perspective that simply encumbers your capability and scope of awareness.

Even better, diverse work cultures are more adaptable and more creative. DEI is often a key factor in overall performance. It’s proven that companies exhibiting true diversity are 15% to 35% more likely to outperform less diverse competitors.

Companies with diversity generate more sales revenue, increased customer traffic and conversions, and higher profits. Ultimately, the creativity and collective problem-solving of diverse teams will become your greatest asset and the secret engine of your success.

To truly optimize your organization’s performance, diversity isn’t a luxury. It’s a necessity. At Nineteen88 Strategies, we guarantee to revitalize your organizational culture and performance.

2. Diverse work cultures are more innovative

Another key benefit of DEI implementation is that diverse cultures are far more innovative and exponentially more likely to make better decisions. Innovation is what sets you apart.

The benefits of utilizing their varied experiences, ideas, and perspectives cannot be understated. This cross-pollination of cultures is the nexus of your corporate success. The adaptability diverse teams show is unparalleled, and adaptation is at the heart of evolution.

This is essential at every level. Diverse leadership in conjunction with a diverse workforce is the surest way to spearhead innovation. Ultimately, this means putting yourself ahead and expanding your company in ways you never thought possible.

Luckily, with Nineteen88’s DEI implementation strategies, innovation and prosperity have never been so attainable.

3. Diverse work cultures increase satisfaction (at every level)

Ultimately, DEI implementation is absolutely critical because it increases satisfaction at every stratum of your organizational hierarchy. From employees to customers, diversity generates unmatched results.

Diversity engenders far greater job satisfaction, far more trust, and far greater work engagement in employees. This elevates morale and has a positive impact on every facet of your business.

It’s proven teams are 158% more likely to relate to customers and generate conversions when there’s at least one member who represents their race, sexual orientation, gender, culture, or age. Particularly in a global marketplace, this is indispensable.

Business is done beyond borders more than ever before. Diversity is no longer a choice for conducting business; it’s a prerequisite. However, internally, diversity also revolutionizes corporate culture and productivity.

Contact us now for a consultation!

If your business needs DEI implementation, Nineteen88 Strategies is the surest way to cultivate a diverse, equitable, and inclusive work culture. Our consultation services and strategies are simply unmatched. Unlike competitors, our extensive experience with c-level employees gives us a full and comprehensive picture of every business. Contact us now for a consultation! Diversifying your business is growing your business.