The Business Case for Diversity

Businesses with a diverse workforce are more strongly placed to attract and retain quality staff. Well-led diverse teams can outperform homogenous teams by as much as 15%*. (Dr Taylor Cox (1995) ‘The Business Case for Managing Diversity’ Watson, Warren, Jumar, Kamakesh and Larry)
http://www.lda.gov.uk/upload/pdf/Diversity_works_brochure.pdf

The Women and Work Commission has estimated that increasing women’s participation in the labour market, and in higher paid occupations and roles, could be worth between £15bn and £23bn a year to the UK economy.
http://www.som.cranfield.ac.uk/

McKinsey’s recently launched report confirms the findings of the already impressive body of research which shows that companies with women in top management outperform those without. http://www.europeanpwn.net/files/mckinsey_2007_gender_matters.pdf

Businesses with good race diversity strategies see their profits increase, a report by campaign group Race for Opportunity (RFO) suggests. RFO chairman Allan Leighton said the results showed diversity reaped rewards for "the bottom line".
"Developing business practice that addresses race is a no-brainer. The ethnic minority population in the UK has an annual disposable income spending power of £32bn," said Mr Leighton, who is also the chairman of Royal Mail.

Society@work states that successfully managed, diversity can be a strategic tool to build a stronger, more flexible organisation. http://www.diversityatwork.com.au/node/135