Companies embrace power of diversity

Businesses seeking inclusiveness reap greater rewards
By Claire DeVeale and Lillian Manea
|Canadian HR Reporter|Last Updated: 12/14/2007

In order to compete, organizations must stay one step ahead. And more and more industry leaders are recognizing that diversity powers innovation.

The diversity and innovation principle is an easy concept: It is almost impossible to have something new come out of the same people thinking in the same ways. True benefits are derived from fully leveraging the strengths, talents and differences of a workforce by eliminating barriers and developing human potential in a fully inclusive environment.

A good example can be found in California’s Silicon Valley. With its breadth of engineers from different academic disciplines and almost every corner of the world, the area is more innovative than other technology hot spots that have equal brainpower but less diversity.