In the business world, much of the focus is on the bottom line. Executives and leaders strive for a high return on investment for every strategic decision they make, ultimately seeking to create value.
However, when it comes to initiatives around diversity, equity and inclusion, businesses often pursue these initiatives to improve their reputation. Take, for example, the number of corporations that pledged to ramp up DEI efforts amid the pandemic and the height of the Black Lives Matter protests last summer, demonstrating to customers their support for the movement during a critical time.
While pursuing the goals of DEI is certainly the right thing to do from a moral standpoint, these decisions can also significantly boost a company’s bottom line. Across the Broad College of Business at MSU, faculty are helping to make the business case for DEI, showing the returns for embracing these values and exposing current issues in the workplace that inhibit positive outcomes.
Read the full story on the Broad College of Business website.