Hello my people…
Every year, between September and October, Hispanic Heritage Month is celebrated, giving us the opportunity to reflect on the impact that the Latinx community has on our societies and economies.
In the United States, where Latinos make up almost 20% of the population, and in Europe, where the number of migrants of Latin origin continues to grow, their contribution is indisputable. Companies on both continents have begun to understand the added value that the cultural diversity of this community brings, not only from a social perspective, but also from a clear competitive advantage.
Cultural diversity within organizations, particularly among their Latinx employees, has been shown to drive innovation and increase companies’ ability to connect with diverse clientele and reach new markets. In the financial field, this diversity directly contributes to greater analytical capacity, more effective decision-making, and a significant increase in talent retention.
Diversity and Inclusion: A Profitable Investment All Year Round
I’ve said it before… talking about diversity and inclusion (D&I) shouldn’t be limited to specific moments like Hispanic Heritage Month or Pride Month. It’s an issue that deserves ongoing attention and action, as it has a tangible impact on companies’ financial performance. According to a study by McKinsey & Company [1] , companies with diverse executive teams are 36% more likely to financially outperform those with less diversity.
Furthermore, studies show that companies that prioritize diversity experience a 19% increase in innovation revenue . As the business world faces increasingly complex challenges, diversity and inclusion in the workplace become a key source of resilience and adaptability.
Integrating D&I into corporate strategy is not only morally right; it also offers a significant return on investment. A Deloitte report [2] reveals that inclusive companies are 2.3 times more likely to capture new markets and 1.8 times more likely to lead innovation in their sector . As a result, more and more organizations in the United States and Europe are understanding that diversity is a driver for long-term success.
ComeOut! Webinar: Diversity and Inclusion in Corporate Finance (en español!)
If you want to practice your Spanish and learn more about how diversity can directly impact your company's finances, I invite you to the webinar: "Diversity and Inclusion: Key to Boosting Your Business Finances" , which will take place on Thursday, September 19 .
At this event, we will talk about:
Diversity Strategies to Maximize Corporate Finance
The Impact of Diversity on Innovation and Creativity
Improved Decision Making
Talent Attraction and Retention
Market and Customer Expansion
Improving Corporate Reputation
I'll be waiting for you on Zoom at the following times:
4PM (Panama)
5PM (Miami)
6PM (Argentina)
If you don´t speak Spanish, don´t worry! soon i will be hosting one in English!
Click here to register, or contact me directly at info@dtconsultings.com .
Now, let's continue celebrating our Hispanic heritage!
🧉🫓🌮🪅🪇⚽
You can get “ Come Out! Companies also have to come out of the closet ” on Amazon in Spanish , Portuguese and now also in English .
[1] Diversity Matters Even More: The Case for Holistic Impact: https://www.mckinsey.com/featured-insights/featured/diversity-matters-even-more-the-case-for-holistic-impact/
[2] Deloitte 2015. High-Impact Talent Management (online) https://www2.deloitte . com/us/en/pages/human-capital/topics/bersin-hr-news-events.html
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