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The Business Case for Diversity
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The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Dec 31, 2015

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Page 1: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

The Business Case for Diversity

Page 2: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people – in the most

productive way possible.

Joseph Stiglitz, Nobel prize winner,

Former World Bank Chief Economist. May 2011

Page 3: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Diverse Auckland

• 150+ ethnic groups live in Auckland

• 44% of Aucklanders will be of Asian

and Pacific Island descent by 2020

• By 2030, 330,000 will be over 65 years

old and 355,000 will be under 15

• 20 new people are arriving every day

• Family structures are changing

Page 4: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Diverse Wellington

• 22.9% of people in the Wellington

region were born overseas

• 9.5% or people are from a non-English

speaking background

• 159 ethnic groups

• new people are arriving every day

• Family structures are changing

Page 5: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

The future professional labour force

• 7.4% students are Māori

• 8.5% students are Pacific

• 55% of students are women

• 36% of students are Asian

• 21% of students are over 30

• 2.6% of students have disabilities

Page 6: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Diverse talent pool

• Four generations working together

• Changing family structures

• Increasing number of disabled

• Almost 25% of NZ’s workforce is

50-64 yrs old

• Labour force decline overall

particularly in 15-24 year age group

• Increasingly diverse culturally and

ethnically

Page 7: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Making good business sense

• Better decision making at board level

• Wider talent pool

• Increased adaptability

• Enhanced employment and

customer brand

Page 8: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Making good business sense

• Increased employee engagement

and productivity

• Reflects diverse markets in New

Zealand and overseas

• Improved staff retention and

customer service

Page 9: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.
Page 10: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.

Dimensions of diversity

1996. Implementing Diversity by Marilyn Loden. Mc-Graw Hill Publishing, Burr Ridge, IL

Religion

Geographic

Location

Military

Experience

Education

Communication

Style

Work

Style

Family

Status

Work

Experience

Organisation Role And Level

Income

First

Language

Age Gender

Sexual

Orientation

Ethnic

Heritage

Race

Mental/Physica

l

Abilities and

Characteristic

Primary Dimension Secondary Dimension

Page 11: The Business Case for Diversity. Whenever we diminish equality of opportunity, it means we are not using some of our most valuable assets – our people.