Of course it's the right thing to do. But that's just one of the reasons to do it.
Diversifying workforces by hiring women, people of color and other members of groups traditionally underrepresented in workplaces would seem fair. For generations, white men have vastly dominated offices, boardrooms, construction sites and executive suites.
But fairness isn't the only motivation. Simply put, diversity is good for business, according to many employers among the Star Tribune's 2018 Top Workplaces.
"We've moved beyond that 'It's the right thing to do' thing — nobody says that anymore," said Karin McCabe, outreach director at McGough Construction in Roseville, which placed on this year's top midsize companies list. "There are plenty of statistics out there that show if you have a more diverse company as opposed to a homogenous company, you have more profits. So it's a business decision."
Christy Sovereign, senior managing director at 26th-ranked large company Accenture, agreed. The professional services firm has 1,600 employees in Minneapolis. "Diversity makes us stronger and smarter. Period."
That's because employees from a wider range of backgrounds can potentially generate a wider range of ideas. "Diverse [teams] are more creative and innovative," said Christine Fruechte, CEO of Colle McVoy, a Minneapolis advertising agency and another top midsize employer. "Coming from a different perspective adds more depth to the conversation," said Molly Weiss, senior director of human resources for 15th-ranked large company Mortenson in Minneapolis.
Employers who select candidates from all demographic groups also have the greatest opportunity to hire the most qualified people. As older employees retire and labor supplies tighten, companies can't afford to exclude any qualified applicants. Meanwhile, companies with diverse workforces can connect better with diverse customers.
But diversifying is rarely as easy as sitting back and waiting for a flood of applications from women and minorities. Industries that have historically been predominantly white or male tend to attract fewer people who aren't.