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Idea from Star (Susanna) Williams

Star (Susanna) Williams

Title

How Hiring Diverse Remote Teams Can Improve Your Bottom Line

Summary

As McKinsey reports, companies with greater ethnic & cultural diversity have a 33% likelihood of outperformance on EBIT margin. When COVID-19 necessitates remote talent, companies have an opportunity to draw from a broader, remote candidate pool, thus strengthening team diversity & powering performance that can lead to higher revenue. With a focus on the potential of diverse remote hiring, I’d draw on research to show the higher-level processing, accuracy & innovation diverse groups can bring.

Author

Star (Susanna) Williams

Industry Category

Find writers and ideas in Business

Keywords

  • remote hiring
  • COVID-19
  • diverse talent
  • diversity
  • improve performance
  • remote work
  • remote teams
  • Links

  • https://www.mckinsey.com/business-functions/organization/our-insights/why-diversity-matters
  • https://www.scientificamerican.com/article/how-diversity-makes-us-smarter/
  • https://hbr.org/2016/11/why-diverse-teams-are-smarter
  • https://www.prnewswire.com/news-releases/the-new-mainstream-consumer-multicultural-and-digital-300731733.html
  • https://www.fastcompany.com/90475260/remote-work-is-the-next-diversity-frontier
  • https://www.shrm.org/resourcesandtools/hr-topics/employee-relations/pages/hire-for-diversity-you-know-like-prince.aspx
  • https://www.forbes.com/sites/forbesinsights/2020/01/15/diversity-confirmed-to-boost-innovation-and-financial-results/#1b9337abc4a6