Promoting diversity in the workplace isn't just the right thing to do -- it's actually good for business. When employees have not only diverse skillsets but diverse backgrounds as well, the team is more engaged, and everyone performs at a higher level. Sound too good to be true? According to McKinsey's 2017 Delivering Through Diversity report, companies whose executive teams rank in the top 25 percent for racial and ethnic diversity are 33 percent more likely to reap financial returns above the national median for their industry.
The CEO Action for Diversity and Inclusion campaign, which launched in June 2017, brings CEOs from around the country together to focus on reducing inequality in the workplace. Leaders of organizations from Ally to Northrup Grumman to PwC have taken the pledge to promote diversity by having tough conversations about diversity and inclusion, expanding education about unconscious bias and sharing both best practices and the unsuccessful ones.
Christine Alemany, chief growth advisor at Trailblaze Growth Advisors, explains, "It's not just about race and gender. It's about background. While it may be more comfortable to be around people who are just like you, you are selling yourself short by doing so." Alemany also points out that a lack of diversity can negatively affect a business' success.

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