Workplace diversity is gaining momentum. LinkedIn’s 2018 Global Recruiting Trends report found 78 percent of the US companies surveyed are focusing on diversity. The three top reasons identified by companies were to improve corporate culture, elevate company performance and to better represent their customers. And further research shows companies with more diverse workforces see increasing profits. A report by global management consulting firm McKinsey & Company, observing more than 300 companies in the US, Canada, the United Kingdom and Latin America, found that companies ranking in the top 25th percentile for gender diversity on their executive teams were 21 percent more likely to turn a profit above the national average.

While two-thirds of executives at enterprises with more than $100 million in revenue report that their companies made innovation one of their top three priorities, less than one-quarter believed their companies were effective innovators and just one in five said they were strong at “breakthrough” innovation. (Bain & Company)