Person holding smiley face sign Inclusion and diversity aren't about compliance or keeping up with marketing trends, they're about understanding the importance of sense-making, idea generation and energy towards change. (Photo: Shutterstock)

Movements such as Black Lives Matter highlight how diverse our world is and how important that diversity is to people, businesses and society. However, it is not enough to be aware of differences. People also have the desire to have those differences accepted and valued.

An organization's progress on the inclusion and diversity journey can be seen by the extent to which an organization can both promote the growth of differences in the culture and also accept and value those differences. This journey can pay dividends. A McKinsey report found that companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.