The opportunity is as big as the pitfall.
In 2021, the labor force included 18% Hispanic or Latina workers, 13% Black workers, and 7% Asian workers. Studies indicate that these groups could become the majority in the workforce by 2045.
Is your team equipped to capitalize on this demographic change? Data shows that companies with diverse teams have 2.5 times higher cash flow per employee. Moreover, having a diverse leadership team can increase revenue by 19%.
Research from McKinsey confirms that organizational diversity can foster innovation, challenge conventional thinking, and enhance financial outcomes.
Collaborate with us to strengthen communication and teamwork within your multicultural team.
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