Diversity, Equity, Inclusion, and Belonging?
We hear these buzz words Diversity, Equity, Inclusion, and Belonging, but what do they mean to your company’s success? A Deloitte study found that diversity, equity, inclusion, and belonging (DEIB) offers a company a 46% increase in competitive advantage in the industry, 40% better and more accurate decision-making, and an edge in innovation.
Diversity, equity, inclusion, and belonging (DEIB) are four concepts that work together to boost team dynamics, productivity, and innovation within your organization. With DEIB at the core of your mission, you ensure that each team member has equal opportunities to do their best work and feels valued.
Mentioning DEIB your mission and vision statements are one thing, but it’s another to live out those values in practice. When people genuinely commit to driving diversity, equity, inclusion, and belonging in their workplace, they become more empathetic and engaged. This behavior has a ripple effect, encouraging other employees to consider how they can bring DEIB to their work, thereby turning the office into a more compassionate, productive place.