Great ideas accelerate innovation
At Atlas Copco, we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. Discover more about our local operations and Group updates in the dedicated pages.
Why I think diversity is important
A diversified workplace includes people with variety across a number of different categories, such as: Religion, culture, sexual orientation, language, educational backgrounds and skills and abilities. Because of this, embracing the changes related to diversity in the workplace will take any business to great heights. Just imagine you put a variety of individuals in one room, the different perspectives and opinions you will get, which will obviously benefit the business. This will allow the business to grow in a number of ways. This then brings us to the advantages of having a diverse workplace:
- Greater creativity and innovation – A heterogeneous workforce will be able to exchange unique perspectives and spark fresh ideas.
- Increased productivity – Diverse workforce more likely to understand customers’ needs and come up with ideas to fulfill them. Diversity will increase employee morale and instill a desire to be more effective and work more efficiently. This in turn will increase productivity of the business.
- Reduced employee turnover – Diversity and inclusion make employees feel valued and accepted.
- Connect to a wider range of consumers – Hiring individuals of varying backgrounds, languages, etc. will ensure your company appeals to a wider target market. Employees connect with consumers from all walks of life.
- Increased revenues – Research done by Boston Consulting Group found companies with a diverse workforce and increased innovation generated 19% more revenue than companies with lower diversity scores.