The next generation of employees will be more diverse than ever before, and that’s a great thing for business. According to a McKinsey & Co. study, companies with greater ethnic diversity are 35 percent more likely to have better financial returns than their peers, and companies with more gender diversity are 15 percent more likely to outperform their competitors.
Similarly, institutions of higher learning should consider the multicultural workforce of the future when planning for recruitment and programming; doing so will encourage a more creative learning environment, pushing the student body to experience different viewpoints and prepare for life after graduation—and increasing the values of their degrees.
