Do you think companies should be more diversity regarding ethnicity and race?|Legit essays

SOLUTION

Diversity is an essential aspect of a company’s success, and it has become increasingly critical in today’s world. In recent years, there has been a growing call for companies to be more diverse regarding ethnicity and race. While some people argue that diversity is not essential, I believe that companies should embrace diversity to improve productivity, creativity, and profitability. Having a diverse workforce can enhance creativity and innovation, leading to new ideas and solutions. When people from different backgrounds come together to solve problems, they bring different perspectives and experiences. This diversity of thought can generate fresh ideas and approaches to challenges, leading to a more productive and successful business. In a study conducted by McKinsey & Company, companies with diverse teams were 35% more likely to have higher financial returns than their industry’s median.