According to you, how has diversity & inclusion evolved in the corporate environment? And what are the negative effects a lack of diversity can have on a corporate team?
Diversity and inclusion have undergone significant evolution in the corporate world over the years. In the past, diversity efforts primarily focused on compliance with regulations and were often seen as a legal obligation. However, today, diversity and inclusion have evolved into a critical business imperative and a source of competitive advantage for organizations. Here are some key ways in which this evolution has taken place:
Shift from Compliance to Strategy: Initially, diversity initiatives were driven by legal requirements and the need to avoid discrimination lawsuits. Now, they are recognized as strategic initiatives that can drive innovation, improve employee engagement, and enhance a company’s reputation.