Diversity is a market-based issue with real financial
advantages. People with disabilities are widely distributed across
race, ethnicity, gender, socioeconomic levels, sexual orientation and
age. What makes this community unique is it represents the largest
minority market segment and accounts for approximately $1
trillion in discretionary spending. Building an inclusive culture continues
to be a top
priority on most companies’ strategic agendas, bringing innovation
and profitability to the organization.
Diverse Workplace
Diversifying the workplace goes beyond increasing the variety of identity
groups on the payroll to actually valuing diversity and its contributions
to the organization’s development and bottom line. Disability
adds another dimension to your diversity efforts, bringing a wide range
of skills, perspectives, and creativity to develop business solutions.
Employees with disabilities have unique and competitively relevant
knowledge and perspectives about work processes and, as noted in the
Harvard Business Review, bring different perspectives on how to successfully
meet work requirements and goals. This helps your company grow by improving
functions, strategies, operations and practices.
Competition for the best talent requires organizations to reach out
and embrace an increasingly diverse labor pool. Diversity issues are
considered important and are projected to become even more important
in the future due to increasing
differences in the U.S. population. Smart companies are awakening
to, and leveraging, the power and potential of workers with disabilities.
Workforce diversity is smart business – it lifts morale and enhances
productivity. A recent study conducted by Adecco USA found that,
not only do the majority of workers think that a diverse workforce
makes their organization more successful, but also over half of the
respondents (53%) felt that the more diverse their company, the more
productive a worker they would become.
Diverse Marketplace
Diversity is a bridge to attract a more diverse customer base. The
broadly networked disability community reaches a wide range of people.
And Peter Drucker takes this concept a step further, indicating that
when you make disability an integral part of your company’s hiring
initiative, you engage in not only a social endeavor, but also a sound
business strategy.
Global economies require that organizations have diverse workforces
to reflect and reach an increasingly diverse customer base. A diverse
workforce leads to increased market share, while a lack of diversity
leads to a diminished market share.