Research about the role of HR analytics when it comes to diversity, inclusion, and belonging.

The Role of HR analytics when it comes to diversity, inclusion and belonging.

 Bersin by Deloitte research has found that companies that embrace diversity and inclusion all aspects of their business statistically outperform their peers. Bersin found that across 128 companies, those with talent practices focused on building a diverse and inclusive workplace, were ranked as high performing organizations, compared to those that did not focus on these areas.

 Another study focused on gender diversity found that companies with women board members outperform companies with all male boards. In connection with this, a recent  Glassdoor survey, cited in Harvard Business Review, found that top female candidates care about gender diversity at prospective companies. Their study shows that 61% of women look at the diversity of the employer’s leadership team when deciding where to work.

A McKinsey study found that earnings before interest taxes (EBIT) increased by 8% for every 10% increase in the ethnic and gender composition of senior executive teams in the United States.

Research focused on business decision making shows that teams that are diverse and inclusive make better decisions than both individual decision makers and teams that are not diverse or inclusive. One study found that teams that are diverse and inclusive make decisions faster, with fewer meetings, and make better business decisions 87% of the time.

The data shows it and your heart knows it, diversity, equity and inclusion delivers results.