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Home » Blog » EDI in Practice » Diversity As A Core Value – What Does It Mean To Value Diversity?
EDI in Practice

Diversity As A Core Value – What Does It Mean To Value Diversity?

Companies can no longer afford to merely talk about a diversity as a core value and inclusive workspace; it is the necessary to embed them.

Alex Morris
July 18, 2021
5–7 minutes
Diversity As A Company Value

The emphasis on diversity and inclusion is one of the top priorities for organizations in today’s corporate culture. Companies can no longer afford to merely talk about a diverse and inclusive workspace; it is the need of the time to embed them as core values of the organization and be lived out by everybody within the company.

Let us try to understand what it means for an organization to value diversity and how diversity and inclusion can be implemented as a core value. 

Diversity As A Core Value – A Complete Guide

diversity as a core value

A diverse workplace means a variety of skills, qualifications, culture, and values come together as one. It can be a major challenge to work with people where others have beliefs, values, and ideas different from yours. These differences can lead to resistance to leadership and changes due to a lack of trust and understanding.

However, the benefits of a diverse workplace outweigh these challenges. Companies that hire diverse groups of people can enjoy the best pool of talent, operate more effectively, inspire employees to perform their best, achieve a broader range of services and increase the company’s adaptability, while at the same time fighting for justice and equality.

To embed diversity as a core value, organizations should respect and appreciate differences in age, gender, ethnicity, education, physical abilities, race, and religion among individuals. Employees should be empowered as individuals and trusted to make the decisions that are in the best interest of the company. A company that nurtures diversity as its core value yields a broad-minded staff, open to innovations and ideas to let the best ones come through and benefit the entire organization.

Inclusion As A Core Value

Embedding inclusion as a core value requires maintaining a state of feeling respected, supported, and valued, focusing on the individual needs of employees, and ensuring the right conditions for candidates to achieve their full potential. This core value creates a welcoming environment that embraces the differences and offers respect for everybody in terms of words and actions, allowing them to bring their entire, authentic selves to the work.

Though diversity and inclusion are interconnected, emphasizing inclusion as the company’s core value makes it easier to introduce practices that bring about a diverse culture. When an organization builds an inclusive culture from within, allowing employees to be transparent about who they are, it ultimately attracts diverse leaders and candidates with a feeling of belonging.

Value of Diversity & Inclusion In An Organization

Diversity and inclusion have risen ahead from the HR team’s checklist to a phenomenon that, when done correctly, affects the company’s bottom line directly. Today, it is more critical than ever before to ensure that the workplace utilizes and embraces diversity and inclusion. Regardless of the background and characteristics of your employees, it is important that they are supported and included in the workplace for their personal success as well as for the success of the company.

Inclusive behaviors in the workplace allow the organization to unlock the innovative potential to increase their market shares and give them a competitive edge. Diverse organizations are likely to outperform others and drive better financial performance. A variety of talents, experiences, and backgrounds means businesses have better flexibility in adapting to dynamic markets with effective planning, development, and execution of strategies. Diverse teams can also consider information from different perspectives to drive better decision-making. Differences in the workplace also contribute to a higher level of creativity and innovation.

Implementing Diversity As A Company Value

Organizations that emphasize diversity as a core company value often implement some best practices to make it easier and achievable.

  • To make sure each individual in the company brings diversity and his best self forward, a sense of belonging should be established. Feeling connected to the organization and team not only boosts engagement and creativity but is a psychological need as well. However, it can take some time and effort and is not a one-size-fits-all approach. Organizations need to focus on diversity and create an inclusive culture to achieve a feeling of belonging.
  • For a real change to come about, every leader should connect to the value of belonging, emotionally and intellectually. Organizations should make sure the leaders have their own story of empathy, can feel it, and explain why it matters. They should identify how it feels to be excluded.
  • A top-down approach in the organization does not drive commitment. Every individual, from senior managers to frontline employees, should understand their role in the company culture. Differences should be identified in values and experience across the departments so that change can be made relevant to each individual.
  • Hiring goals can boost diversity in numbers but don’t create inclusive cultures. It is important to understand that the emphasis on diversity changes every process, from recruiting and onboarding to culture, team-building, mentoring, and planning. Organizations must adapt their processes to scale diverse and inclusive behaviors.

What Does It Mean To Value Diversity?

Inclusion As A Core Value

The process of valuing diversity is respecting the differences in employees by hiring a diverse group of people. The employees can have differences in ethnicity, gender, race, religion, socio-economic status, talents, lifestyle, opinions, perspectives, education, and a lot more. It is essential that you find ways to help these employees hold their personal voice and add value to the workplace.

One of the best ways to promote a diverse and inclusive environment is to get employee feedback on the workplace culture. Ask them how well you are handling diversity and inclusion. It can be a one-on-one questionnaire or a focus group that should give you genuine responses. An anonymous survey would get you better information from employees about your progress in establishing a culture of diversity in life.

Senior managers in the organization provide the foundation for a workplace environment in which everybody else works. Implement a training program that guides managers on how to foster these values in their departments. Make diversity a part of your cultural norms to keep the workplace strong, happy, and healthy. Create a culture where everybody can fearlessly contribute their full potential, benefitting the company as a result.  

Final Words

A company’s workplace culture identifies it as an entity, but the core values help it achieve and sustain the culture. Diversity and inclusion are interconnected values that every organization should incorporate in their workplace culture and foundation, if you’re working in one that does, that’s certainly a good sign.

Embedding these values is a transformation that involves everybody from senior managers to the newest employee and demands a real behavior change throughout processes, strategies, and communication.

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