Many entrepreneurs think that diversity on their team just makes their job harder, since startups are all about making fast decisions, and executing efficiently. Often they assume that this is only a big-company issue, having more to do with the legalities of equal opportunity, hiring minorities, and moral imperatives. In reality, diversity in a startup can be your big competitive advantage.
In a recent Deloitte Review of “Diversity as an Engine of Innovation” executives were asked about the connection between diversity and company performance, and 90 percent agreed it was critical. In a different survey of over 500 European respondents, 83% felt that diversity initiatives had a positive impact on their business. Quantification studies still show more mixed results.
To read the original article: Startup Professionals Musings: Seize the Power of Diversity in Your Startup
