Encyclopedia of Opinion
Question
Is diversity critical to a business' financial success?
Position3 of 3

Diversity has no bearing on a company's financial success

This position holds that diversity has no real bearing on a company's financial success. It argues that many companies have thrived with a homogeneous workforce, and that the measured impact of diversity varies so much that it cannot be considered critical to profitability.

Supporting arguments · 2

  1. Diversity's impact varies
    Increasing diversity doesn't always bring harmony. Sometimes it brings tensions.
  2. Many companies thrive with a homogeneous workforce
    There are many examples of highly successful companies with homogenous workforces. Furthermore, members of a homogeneous team will have an easier time comprehending each other's verbal and nonverbal communications, and will have more shared experiences in common.