The ROI of Diversity
What is the value of diversity in your organization? How much does that project mean to you and your company? Seriously, assign a number to it.
Would you be surprised to learn that on average, when diversity is implemented as a process of change it has a one to three hundred percent ROI! (Honest it does!)
It also typically has a higher ROI than other company training initiatives, decreases employee turnover, increases customer loyalty, and can help you land more jobs. . . just to name a few.
By the way, have you noticed that every benefit is measurable! That is vital in the success of implementing a diversity plan because, what gets measured gets done and if it can move, it can be measured. In the case of diversity, the challenge is in getting everyone to agree on the metrics.
Would you be surprised to learn that on average, when diversity is implemented as a process of change it has a one to three hundred percent ROI! (Honest it does!)
It also typically has a higher ROI than other company training initiatives, decreases employee turnover, increases customer loyalty, and can help you land more jobs. . . just to name a few.
By the way, have you noticed that every benefit is measurable! That is vital in the success of implementing a diversity plan because, what gets measured gets done and if it can move, it can be measured. In the case of diversity, the challenge is in getting everyone to agree on the metrics.
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