About Global Diversity Awareness Month
This month, we celebrate Global Diversity Awareness Month, honoring how diversity and inclusion can serve as a catalyst for achieving excellence and advancing equity.
During October, celebrate Global Diversity Awareness Month and pay tribute to the diverse minds and beliefs held by all cultures around the world. We live in a multicultural society and embracing the values of various cultures only strengthens our understanding and appreciation of the world. Open your mind to new views and ideas, appreciate cultural differences, and enjoy a fresh perspective you may have been missing. It helps you become a true citizen of the world.
Although its origins are difficult to trace, Global Diversity Awareness Month represents the perfect opportunity for you to learn more about new cultures, and explore some of the diversity that makes the world such a wonderful place.
History of Diversity Awareness Month
While throughout the year, there are a wide range of admirable diversity observances that acknowledge the contributions and unique traditions of certain segments of the population-African Americans, Hispanics, Asians, Native Americans, women, gays and lesbians, and those who are disabled, among others-until now, there has been no specific time designated to celebrate the wide range of diversity that not only includes these groups, but goes beyond them and reaches out to everyone.
By setting aside a period of time to better understand and strengthen that which binds us despite our differences, we will gain a deeper understanding of each other and develop a greater sense of connection-creating the energy among us needed to positively change our world.
The Business Benefits of a Diverse Workplace
Improved financial performance
A 2019 report by Gartner, a consulting firm, states that 75% of organizations with frontline decision-making teams reflecting a diverse and inclusive culture will exceed their financial targets.
Easier talent recruitment and retention
When it comes to attracting talent, a 2020 Glassdoor study found that 76% of job seekers are seeking a diverse workforce when evaluating companies and job offers.
Better external image
Your customers are diverse too, so showing that you value diversity by having a diverse workforce helps your general image. It may encourage future customers or clients to choose your business over others and increase positive references to your company.
When your team has a wide variety of experiences and perspectives, their outputs will be more creative as they bring together everyone’s input rather than a brainstorming meeting just being an echo chamber of ideas from a like-minded group.
Improved decision making
Research from People Management has shown that diverse teams see a 60% improvement in decision-making abilities while SCORE’s data says that diverse teams make decisions 2X faster with half the number of meetings and that their decisions deliver 60% better results.
[Source: U.S. Census Bureau]