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Are Companies Serious About An Inclusive Workplace Culture? A New Accenture Report Says It Depends Who You Ask

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More business leaders are talking about the importance of creating an inclusive workplace, but the gap between talk and action costs the world economy trillions in lost profits:

Another startling gap: More than three-quarters of leaders say their employees have good control over when, where, and how they work. Only 29% of employees agree.

The report cites research showing how feeling included boosts productivity and fosters what it calls an innovation mindset: an individual’s willingness and ability to be innovative at work. Such a mindset is six times higher in organizations with more inclusive workplace cultures. If an innovation mindset raised by 10% worldwide, global GDP could increase by up to $8 trillion by 2028.

While culture is, the report acknowledges, “a notoriously amorphous concept” that is difficult to quantify, that is no excuse for inaction. Accenture has identified 40 workplace factors proven to influence advancement, inclusiveness, and empowerment positively. The factors include:• Strong parental leave programs for both women and men• A positive attitude toward failureCreating an inclusive culture does not happen overnight and requires a wide-ranging commitment to multiple factors.

 

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