Diverse teams empower businesses to anticipate what’s coming next and make smarter decisions. Yet less than 4% of Fortune 500 CEOs are black, 4% are women, and even fewer openly identify as LGBTQ. Diversity can go far beyond what’s visible, though, and includes team members who think and approach challenges in a wide variety of ways.
Sunil Kasturi, chief growth officer at Propeller, explored this issue in an article for American City Business Journals. By changing how companies recruit, manage and retain team members, as well as how they approach problem-solving and decision-making, today’s business leaders can truly tap into the opportunity that diversity provides. Companies that take this approach become more competitive and can better harness the thought power of their greatest asset: their people.
