Page 117 - (DK) The Business Book
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LIGHTING THE FIRE       115




                                              THE ART OF THINKING


                                        INDEPENDENTLY,


                                              TOGETHER


                                           THE VALUE OF DIVERSITY








                                                s with most clichés,
          IN CONTEXT                            it is also a truism that
                                         A managers often tend
          FOCUS
                                         to recruit in their own image—
          Work-force diversity
                                         males, for example, have a tendency
          KEY DATES                      to employ males. If left unchallenged,   Diversity management
          2005 Car maker Daimler         such behavior can lead to companies   isn’t merely nice to have,
          targets 20 percent of          staffed with homogenous clones—       it’s a business must.
          management roles be filled by   people from the same backgrounds     Daimler company statement
          women by 2020. It sets similar   and with the same view of how               (2005)
                                         the business should be run.
          targets for other diversity
                                            In contrast, when organizations
          measures, such as age mix,
                                         actively pursue diversity—by
          socio-demographic mix, and
                                         employing people from different
          nationality mix.
                                         cultures and socio-economic
          2009 A survey analyzing        backgrounds, and of different
          the value of female            genders and ages—the more        can stifle innovation and growth.
          representation on corporate    dynamic and stimulating they     In diverse teams, opinions are less
          boards ranks companies         are as places to work.           likely to go unchallenged.
          with more females higher                                           Diversity is not confined to
          than male-dominated rivals.    The case for diversity           employee demographics. It might
                                         Greater diversity means greater   simply involve creating cross-
          2012 A Harvard Business
                                         scope for creativity—the more    functional teams that incorporate
          Review article by business
                                         varied are the sources of an     the views of people from across
          consultants Jack Zenger and
                                         organization’s views, the more   a company—the marketing team,
          Joseph Folkman finds that       likely that out-of-the-box thinking   for example, might benefit from the
          women are rated higher in 12   and problem solving will occur.   insight of operations or finance. But
          of the 16 competencies that    Studies have shown that diversity   whatever the context, monochrome
          define outstanding leadership.  can also combat groupthink, a    recruitment can lead to stasis—
                                         malaise in group dynamics that   diversity fights against it. ■
          2013 New Italian law requires
          a third of a company’s board
          members be women by 2015.      See also: The value of teams 70–71   ■  Beware the yes-men 74–75   ■  Thinking
                                         outside the box 88–89   ■  Organizational culture 104–09
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