Leverage Cultural Diversity for High Productivity

LEVERAGE CULTURAL DIVERSITY FOR BUSINESS GROWTH

“Strength lies in differences not similarities” - Stephen R Covey

Companies, who are ’top performing’ have long recognised that diversity is good for business. Encompassing peoples values and cultural background, could motivate someone to join a company, adopt its goals and contribute to its success.  

MULTICULTURAL WORK TEAMS

Some of the most successful entrepreneurs and admired leaders will tell you, ‘ Diversity is essential for growth and prosperity’ of any organisation. You may think, this is not a priority - right now. Lets take a look at what the experts are saying, 

• Lu Hong and Scott Page showed that groups of diverse problem solvers can outperform groups of high-ability problem solvers.
• According to McKinsey, companies with diverse executive boards enjoy significantly higher earnings and returns on equity.
• According to Harvard Business School, multicultural networks promote creativity.

It is therefore evident, without the right mix in talent, your products and services is going nowhere, no matter how innovative the solution or advanced the technology. 

People power businesses!

So having an extremely efficient 'talent pool’ that is made up of a diverse work team, with the right blend in skill-sets, will guarantee creativity, high performance ensuring operational goals are met. 

Everybody is talking about Diversity, but very few companies actually function in a way that welcomes it...

First things first,

1. Recognise and value people, as business ‘assets (human capital) could be the first step toward creating an environment of corporate excellence.
2. Understand people from diverse cultures - and their cultural make-up. You’ll be amazed to know, they are just like their western counterparts, with a few differences in tradition and values. 
3. Introduce an integration policy that is all-inclusive, and can harvest potential, foster collaboration and inspire cross-cultural partnerships. 

Also encourage competition between IDEAS and not PEOPLE!

Key benefits for cross-cultural integration,

• Enriches the organisations ‘human capital’.
• Generates more creative ideas and knowledge input and output.
• Gives rise to multiple perspectives and creativity.
• Produces increased productivity.
• Builds synergy and encourages cross-cultural collaboration.
• Leads to an effective talent pool with just the right blend in skill-sets.
• Positions the organisation to have a ‘strategic and competitive advantage’ in the market place.
• Builds a strong ‘Brand’ positioning.

Cultural diversity is a vital component in any business, that effects employee retention, productivity and growth. 

So creating an environment, that considers people as 'business assets', no matter what cultural background or ethnic heritage, will ultimately determine business  success or failure.  

For more information on ‘ Cultural Integration’ workshops - we offer, call us today on 1300 50 18 50.