In Search of Innovators and Game Changers
In today’s highly competitive tech industry, companies are constantly looking for top talent to drive innovation and growth.
However, many organizations struggle to attract and retain diverse and inclusive teams. This is not only a social issue but also a business one.
Studies have shown that companies with more diverse and inclusive cultures tend to have better financial performance and employee engagement.
There are steps that companies can take to change this.
Building an Inclusive Culture
One approach is actively recruiting from underrepresented groups, such as women and people of colour.
This can be done through targeted recruiting efforts, partnerships with organizations that support underrepresented groups, and offering internships and apprenticeships to diverse candidates.
Once diverse candidates are in the door, creating an inclusive culture that values and leverages each team member’s unique perspectives and experiences are important.
This can be achieved through training programs, mentorship, and employee resource groups. Managers should also be held accountable for creating inclusive teams and leading by example.
Benefits of a Diverse Team
Creating a diverse and inclusive culture also helps to attract a wider pool of candidates and retain top talent.
A study by McKinsey found that companies in the top quartile for ethnic and racial diversity are 35% more likely to have financial returns above their respective national industry medians.
In conclusion, companies that want to attract and retain top tech talent should actively work to create a diverse and inclusive culture. This can be achieved through targeted recruiting efforts, inclusive cultures, and opportunities for growth and development. By doing so, companies will improve social outcomes and see a positive impact on their bottom line.