It has been shown that corporations with more diverse workforces perform better financially. Enterprises in the top quartile for gender or racial and ethnic diversity are more likely to have financial returns above their national industry medians; while, companies in the bottom quartile in these dimensions, are statistically less likely to achieve above-average returns. Companies with the most ethnically diverse teams - not only with respect to absolute representation but also of variety or mix of ethnicities - are 33% more likely to outperform their peers on profitability.
Therefore life sciences companies have increasingly begun to regard inclusion and diversity as a source of competitive advantage, and specifically as a key enabler of knowledge and growth. So, how can we achieve a diverse and inclusive culture built for innovation? This paper looks at how to foster racial, gender, geographical, neuro and cognitive diversity.
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