Diversity: Cent Increase

diversity: We really wanted to sort of go beyond the normative argument, and there is a lot of positive rhetoric about that it's a good thing for society, which we agree with 100 per cent, but we wanted to see if there was a business case, said Momani in an interview with CBC Kitchener-Waterloo's The Morning Edition host Craig Norris on Tuesday, according to CBC. They found the strongest relationship between diversity and performance in cultural industries, communications, business and legal services. For every 1 per cent increase in ethnocultural diversity, on average companies saw a 2.4 per cent bump in revenue and a 0.5 per cent increase in productivity, said Bessma Momani and Jillian Stirk, the authors of Diversity Dividend Canada's Global Advantage, published on Monday. The report doesn't try to sugarcoat this, there is a lot of work to be done. They did statistical data modelling based on the workplace employee survey by Statistics Canada, which covers more than 7,900 workplaces in 14 sectors, from 1991 to 2005. There's a great deal of discrimination in this country.'- Bessma Momani, co-author of Diversity Dividend Methodology The pair spoke to about 100 business leaders across the country,in a series of roundtables in seven different cities. (www.immigrantscanada.com). As reported in the news.