The term "diversity" might be a buzz word, but it nonetheless needs to be a critical component of any business strategy. Why is this? Simply put, diversity is a driver of innovation. The world is changing rapidly. You need diverse perspectives to meet new challenges as well to understand the diversity of your customer base.
So says Kathy Hopinkah Hannan, National Managing Partner for Diversity and Corporate Social Responsibility at KPMG.
In a lesson on Big Think Edge, the only forum on YouTube designed to help you get the skills you need to be successful in a rapidly changing world, Hannan says diversity is not just about the representation or inclusion of differences. "It's not about being different," she says, "it’s about being dynamic."
Dynamic organizations are ones that are open to new ideas and look at business models very differently, Hannan says. One example of this is what Hannan calls talent sustainability. A company can secure a talent base for the future through the implementation of longer term strategic investments in the communities they operate in. These are investments in education and development, and ultimately, people. And Hannan sees these types of investments by companies accelerating.
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